ironSource (ironSource) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2022)

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What is ironSource 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. ironSource's annualized positive value of Interest Expense for the quarter that ended in Jun. 2022 was $0.0 Mil. ironSource's average total debt for the quarter that ended in Jun. 2022 was $39.4 Mil. Therefore, ironSource's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 was 0.00%.

ironSource Effective Interest Rate on Debt % Historical Data

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

ironSource Annual Data

Trend

Dec19

Dec20

Dec21

Effective Interest Rate on Debt %

3.53

2.48

ironSource Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					10.48	0.61	-0.63	3.55	-

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

For the Software - Application subindustry, ironSource'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.

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

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

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

ironSource Effective Interest Rate on Debt % Calculation

ironSource's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2020 )	+	Total Debt (A: Dec. 2021 ))	/ count )
=	-1 * -2.004	/	( (124.079	+	37.601)	/ 2 )
=	-1 * -2.004	/	80.84
=	2.48 %

where

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	106.925	+	17.154
=	124.079

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	30.076	+	7.525
=	37.601

ironSource's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2022 )	+	Total Debt (Q: Jun. 2022 ))	/ count )
=	-1 * 0	/	( (40.378	+	38.446)	/ 2 )
=	-1 * 0	/	39.412
=	0.00 %

where

	Total Debt (Q: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	30.296	+	10.082
=	40.378

	Total Debt (Q: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	28.541	+	9.905
=	38.446

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 (Jun. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

ironSource (NYSE:IS) Effective Interest Rate on Debt % Explanation

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

ironSource Effective Interest Rate on Debt % Related Terms

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ironSource (ironSource) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ironSource Ltd (NYSE:IS) » Definitions » Effective Interest Rate on Debt %

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Address

121 Menachem Begin Street, Azrieli Sarona Tower, Tel Aviv, ISR, 6701203

Website

https://www.is.com

ironSource Ltd is a business platform that enables mobile content creators to prosper within the app economy. App developers use ironSource's platform to turn their apps into successful, scalable businesses. The ironSource platform also empowers telecom operators to create a richer device experiences for their customers.