VMware (VMware) Effective Interest Rate on Debt % : 2.81% (As of Jul. 2023)

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What is VMware 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. VMware's annualized positive value of Interest Expense for the quarter that ended in Jul. 2023 was $316 Mil. VMware's average total debt for the quarter that ended in Jul. 2023 was $11,249 Mil. Therefore, VMware's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2023 was 2.81%.

VMware Effective Interest Rate on Debt % Historical Data

The historical data trend for VMware'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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VMware Effective Interest Rate on Debt % Chart

VMware Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Effective Interest Rate on Debt %

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3.16

2.78

3.27

2.55

2.41

VMware Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.38	2.61	2.86	2.82	2.81

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

For the Software - Infrastructure subindustry, VMware'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.

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

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

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

VMware Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jan. 2022 )	+	Total Debt (A: Jan. 2023 ))	/ count )
=	-1 * -304	/	( (13748	+	11438)	/ 2 )
=	-1 * -304	/	12593
=	2.41 %

where

	Total Debt (A: Jan. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13598	+	150
=	13748

	Total Debt (A: Jan. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10285	+	1153
=	11438

VMware's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Apr. 2023 )	+	Total Debt (Q: Jul. 2023 ))	/ count )
=	-1 * -316	/	( (11264	+	11234)	/ 2 )
=	-1 * -316	/	11249
=	2.81 %

where

	Total Debt (Q: Apr. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10264	+	1000
=	11264

	Total Debt (Q: Jul. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10234	+	1000
=	11234

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 (Jul. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

VMware (NYSE:VMW) Effective Interest Rate on Debt % Explanation

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

VMware Effective Interest Rate on Debt % Related Terms

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VMware (VMware) Business Description

Industry

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Address

3401 Hillview Avenue, Palo Alto, CA, USA, 94304

Website

https://www.vmware.com

VMware is an industry titan in virtualizing IT infrastructure and became a stand-alone entity after spinning off from Dell Technologies in November 2021. The software provider operates in three segments: licenses; subscriptions and software as a service; and services. VMware's solutions are used across IT infrastructure, application development, and cybersecurity teams, and the company takes a neutral approach to being the cohesion between cloud environments. The Palo Alto, California, firm operates and sells on a global scale, with about half its revenue from the United States, through direct sales, distributors, and partnerships.

Executives

Jean Pierre Brulard	officer: EVP, Worldwide Sales	3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Zane Rowe	officer: Chief Financial Officer & EVP	1600 SMITH STREET, HQSEO, HOUSTON TX 77002
Sumit Dhawan	officer: President	3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Amy Fliegelman Olli	officer: Sr. VP and General Counsel	C/O VMWARE, INC., 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Pebbie L Verdecanna	officer: Interim CAO	3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Nicole Anasenes	director	2600 ANSYS DRIVE, CANONSBURG PA 15317
Slta Spv-2 (gp), L.l.c.	director, 10 percent owner	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slta Spv-2, L.p.	director, 10 percent owner	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake Technology Investors V, L.p.	director, 10 percent owner	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slta V (gp), L.l.c.	director, 10 percent owner	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake Technology Associates V, L.p.	director, 10 percent owner	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake Partners V De (aiv), L.p.	director, 10 percent owner	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Sl Spv-2, L.p.	director, 10 percent owner	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Dell Inc	10 percent owner	ONE DELL WAY, ROUND ROCK TX 78682
Rangarajan (raghu) Raghuram	officer: EVP, Cloud Infrastructure	3401 HILLVIEW AVENUE, PALO ALTO CA 94304