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Fathom Holdings (Fathom Holdings) Effective Interest Rate on Debt % : 2.34% (As of Mar. 2024)


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What is Fathom Holdings 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. Fathom Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.4 Mil. Fathom Holdings's average total debt for the quarter that ended in Mar. 2024 was $18.0 Mil. Therefore, Fathom Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.34%.


Fathom Holdings Effective Interest Rate on Debt % Historical Data

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

Fathom Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 15.08 8.98 0.09 - 1.71

Fathom Holdings 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 - 2.21 2.10 2.22 2.34

Competitive Comparison of Fathom Holdings's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, Fathom Holdings'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.


Fathom Holdings's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fathom Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Fathom Holdings Effective Interest Rate on Debt % Calculation

Fathom Holdings'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  *  -0.245/( (11.123+17.566)/ 2 )
=-1  *  -0.245/14.3445
=1.71 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.37 + 5.753
=11.123

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.291 + 10.275
=17.566

Fathom Holdings'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  *  -0.42/( (17.566+18.391)/ 2 )
=-1  *  -0.42/17.9785
=2.34 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.291 + 10.275
=17.566

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.12 + 10.271
=18.391

* 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.


Fathom Holdings  (NAS:FTHM) Effective Interest Rate on Debt % Explanation

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


Fathom Holdings Effective Interest Rate on Debt % Related Terms

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Fathom Holdings (Fathom Holdings) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2000 Regency Parkway Drive, Suite 300, Cary, NC, USA, 27518
Fathom Holdings Inc is a national, technology-driven, real estate services platform integrating residential brokerage, mortgage, title, insurance, and Software as a Service offerings to brokerages and agents by leveraging our proprietary cloud-based software, intelliAgent. The company has three reportable segments namely Real Estate Brokerage; Mortgage; and Technology.
Executives
Stephen H. Murray director C/O FATHOM HOLDINGS INC., 2000 REGENCY PARKWAY DRIVE, SUITE 300, CARY NC 27518
Scott N Flanders director PLAYBOY ENT., INC. - H. SHAPIRO, 680 N LAKE SHORE DRIVE, CHICAGO IL 60611
Joshua Harley director, officer: Chief Executive Officer C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Jennifer B. Venable director C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, RALEIGH NC 27511
Ravila Gupta director 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Glenn A. Sampson director C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Marco Fregenal director, officer: Chief Financial Officer C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Samantha Giuggio officer: Chief Broker Officer C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Christopher D. Bennett director C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Jeffrey H Coats director C/O AUTOBYTEL INC., 18872 MACARTHUR BLVD., SUITE 200, IRVINE CA 92612
David C. Hood director C/O GUNDERSON DETTMER, ONE MARINA PARK DRIVE, SUITE 900, BOSTON MA 02210