Triple-S Management (Triple-S Management) Effective Interest Rate on Debt % : 11.12% (As of Sep. 2021)

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What is Triple-S Management 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. Triple-S Management's annualized positive value of Interest Expense for the quarter that ended in Sep. 2021 was $8 Mil. Triple-S Management's average total debt for the quarter that ended in Sep. 2021 was $73 Mil. Therefore, Triple-S Management's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2021 was 11.12%.

Triple-S Management Effective Interest Rate on Debt % Historical Data

The historical data trend for Triple-S Management'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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Triple-S Management Effective Interest Rate on Debt % Chart

Triple-S Management Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Effective Interest Rate on Debt %

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21.23

20.23

22.65

14.13

9.83

Triple-S Management Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															8.13	7.93	9.30	9.63	11.12

Competitive Comparison of Triple-S Management's Effective Interest Rate on Debt %

For the Healthcare Plans subindustry, Triple-S Management'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.

Triple-S Management's Effective Interest Rate on Debt % Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Triple-S Management's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Triple-S Management's Effective Interest Rate on Debt % falls into.

Triple-S Management Effective Interest Rate on Debt % Calculation

Triple-S Management's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2019 )	+	Total Debt (A: Dec. 2020 ))	/ count )
=	-1 * -7.986	/	( (79.694	+	82.751)	/ 2 )
=	-1 * -7.986	/	81.2225
=	9.83 %

where

	Total Debt (A: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25.694	+	54
=	79.694

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	52.751	+	30
=	82.751

Triple-S Management's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2021 )	+	Total Debt (Q: Sep. 2021 ))	/ count )
=	-1 * -8.064	/	( (95.583	+	49.498)	/ 2 )
=	-1 * -8.064	/	72.5405
=	11.12 %

where

	Total Debt (Q: Jun. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	50.583	+	45
=	95.583

	Total Debt (Q: Sep. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	49.498	+	0
=	49.498

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 (Sep. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Triple-S Management (NYSE:GTS) Effective Interest Rate on Debt % Explanation

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

Triple-S Management Effective Interest Rate on Debt % Related Terms

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Triple-S Management (Triple-S Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Triple-S Management Corp (NYSE:GTS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

BFYT PFHO MGLN UNH CVS ANTM CI HUM CNC MOH BSP:GNDI3 BSP:ODPV3 SZSE:000503 BSP:QUAL3 ROCO:6665 MIL:HI OSTO:FEEL TSXV:NXG

Traded in Other Exchanges

N/A

Address

1441 F.D. Roosevelt Avenue, San Juan, PRI, 00920

Website

http://www.triplesmanagement.com

Triple-S Management Corp is a diversified insurance provider that operates in Puerto Rico. The company operates three segments including Managed Care, Life insurance; and Property and casualty insurance. It generates the vast majority of its revenue through premiums earned from the sale of managed care products to the Commercial, Medicare Advantage, and Medicaid sectors. Triple-S generally receives revenues from premiums, administrative service fees, and investment income.

Executives

Arturo Carrion	officer: President, Triple-S Vida, Inc.	PO BOX 363628 SAN JUAN PR 00936-3628
Juan R Serrano	officer: Chief Strategy & HCD Officer	PO BOX 363628 SAN JUAN PR 00936
Stephen Ondra	director	150 ALLEN ROAD, SUITE 201, BASKING RIDGE NJ 07920
Joseph A. Frick	director	ONE COMMERCE SQUARE 2005 MARKET ST., SUITE 3300 19103 PR 19073
Chafey David H Jr	director	P O BOX 362708, SAN JUAN PR 936-2708
Gail Boxer Marcus	director	201 INDUSTRIAL ROAD, SUITE 410, SAN CARLOS CA 94070
Manuel Figueroa	director	P.O. BOX 363628 SAN JUAN PR 00936-3628
Luis A Clavell	director	PO BOX 363628 SAN JUAN PR 00936-3628
Cari M Dominguez	director	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Maria-ros Roberto Santa	director	1441 F.D. ROOSEVELT AVE 6TH FLOOR SAN JUAN PR 00936
Ilia Rodriguez	officer: Chief Human Resources Officer	1441 F.D. ROOSEVELT AVE., 6TH FLOOR SAN JUAN PR 00836
Pedro Aponte	officer: Chief Information Officer	1441 F.D ROOSEVELT AVENUE, 6TH FLOOR SAN JUAN PR 00936
Ivelisse Fernandez	officer: CMCO	1441 F.D. ROOSEVELT AVE., 6TH FLOOR SAN JUAN PR 00936
Del Amo Mojica Jose	officer: President, TSP and TIA	1441 F.D. ROOSEVELT AVE., 6TH FLOOR SAN JUAN PR 00936
Jose E. Novoa-loyola	officer: Chief Medical Officer	1441 F.D ROOSEVELT AVE. 6TH FLOOR SAN JUAN PR 00936