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KLDiscovery (KLDiscovery) Effective Interest Rate on Debt % : 12.30% (As of Mar. 2024)


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What is KLDiscovery Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. KLDiscovery's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $70.0 Mil. KLDiscovery's average total debt for the quarter that ended in Mar. 2024 was $569.2 Mil. Therefore, KLDiscovery's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 12.30%.


KLDiscovery Effective Interest Rate on Debt % Historical Data

The historical data trend for KLDiscovery's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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KLDiscovery Effective Interest Rate on Debt % Chart

KLDiscovery Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 10.68 10.51 10.14 10.35 12.07

KLDiscovery Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.56 11.82 12.53 12.64 12.30

Competitive Comparison of KLDiscovery's Effective Interest Rate on Debt %

For the Software - Application subindustry, KLDiscovery's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


KLDiscovery's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, KLDiscovery's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where KLDiscovery's Effective Interest Rate on Debt % falls into.



KLDiscovery Effective Interest Rate on Debt % Calculation

KLDiscovery's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -66.743/( (545.719+560.621)/ 2 )
=-1  *  -66.743/553.17
=12.07 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=534.869 + 10.85
=545.719

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.87 + 552.751
=560.621

KLDiscovery's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -70.032/( (560.621+577.82)/ 2 )
=-1  *  -70.032/569.2205
=12.30 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.87 + 552.751
=560.621

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.713 + 571.107
=577.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


KLDiscovery  (OTCPK:KLDI) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


KLDiscovery Effective Interest Rate on Debt % Related Terms

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KLDiscovery (KLDiscovery) Business Description

Industry
Traded in Other Exchanges
N/A
Address
9023 Columbine Road, Eden Prairie, MN, USA, 55347
KLDiscovery Inc is a provider of technology-enabled services and software to help law firms, corporations, government agencies, and consumers solve complex data challenges. The company is engaged in providing technology-based litigation support solutions and services.
Executives
Arjun Shah director C/O KLDISCOVERY INC., 8201 GREENSBORO DR., SUITE 300, MCLEAN VA 22102
Lauren Tanenbaum director C/O KLDISCOVERY INC., 8201 GREENSBORO DR., SUITE 300, MCLEAN VA 22102
Jonathan J Ledecky director C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Prior Lawrence B Iii director 10260 CAMPUS POINT DRIVE, M/S 1-4-1, SAN DIEGO CA 92121
Ian Fujiyama director CARLYLE GROUP, 1001 PENNSYLVANIA AVE NW, SUITE 220S, WASHINGTON DC 20004
Cg Subsidiary Holdings L.l.c. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Evan B Morgan director C/O PIVOTAL ACQUISITION CORP., C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Donna S Morea director 214 N TRYON STREET, CHARLOTTE NC 28202
Dawn M. Wilson officer: Chief Financial Officer C/O KLDISCOVERY, 8201 GREENSBORO DRIVE, SUITE 300, MCLEAN VA 22102
Krystina L. Jones officer: EVP, Global Sales & Marketing C/O KLDISCOVERY, 8201 GREENBORO DRIVE, SUITE 300, MCLEAN VA 22102
Richard J Williams director 125 HIGH STREET, 26TH FLOOR, BOSTON MA 02110
Greg Racz director, 10 percent owner, other: See remarks C/O OCTAVIAN GLOBAL PARTNERS, LLC, 650 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022
Mgg Investment Group Lp director, 10 percent owner, other: See remarks ONE PENN PLAZA, 53RD FLOOR, NEW YORK NY 10119
Ceof Ii Coinvestment (de), L.p. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Ceof Ii De I Aiv, L.p. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004

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