Allot (ALLT) Effective Interest Rate on Debt % : 2.03% (As of Dec. 2023)

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What is Allot 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. Allot's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.86 Mil. Allot's average total debt for the quarter that ended in Dec. 2023 was $42.15 Mil. Therefore, Allot's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.03%.

Allot Effective Interest Rate on Debt % Historical Data

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

Allot Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.69

2.20

1.18

0.14

0.17

Allot Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.34	-	-	-	2.03

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

For the Software - Infrastructure subindustry, Allot'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.

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

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

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

Allot Effective Interest Rate on Debt % Calculation

Allot'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 * -0.072	/	( (44.696	+	41.928)	/ 2 )
=	-1 * -0.072	/	43.312
=	0.17 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	42.154	+	2.542
=	44.696

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	40.475	+	1.453
=	41.928

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.856	/	( (42.367	+	41.928)	/ 2 )
=	-1 * -0.856	/	42.1475
=	2.03 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	40.368	+	1.999
=	42.367

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	40.475	+	1.453
=	41.928

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

Allot (NAS:ALLT) Effective Interest Rate on Debt % Explanation

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

Allot Effective Interest Rate on Debt % Related Terms

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Allot (ALLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Allot Ltd (NAS:ALLT) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

ALLT:Israel AG6:Germany

Address

22 Hanagar Street, Neve Ne’eman Industrial Zone B, Hod-Hasharon, ISR, 4501317

Website

https://www.allot.com

Allot Ltd is a provider of leading innovative network intelligence and security solutions for service providers and enterprises. The company's solutions are deployed globally for network and application analytics, traffic control and shaping, and network-based security services. The firm's multi-service platforms are deployed by over 500 mobile, fixed, and cloud service providers and over 1000 enterprises.

Executives

Gemini Israel Ii Parallel Fund Lp /ny	10 percent owner
Gemini Israel Ii Limited Partnership	10 percent owner	9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Gemini Israel Funds Ltd.	10 percent owner	9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Gemini Partners Investors L.p.	10 percent owner	9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Gemini Capital Associates Limited Partnership	10 percent owner	9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Advent Pggm Gemini Limited Partnership	10 percent owner	9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725