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Select Medical Holdings (Select Medical Holdings) Effective Interest Rate on Debt % : 4.07% (As of Dec. 2023)


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What is Select Medical 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. Select Medical Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $203 Mil. Select Medical Holdings's average total debt for the quarter that ended in Dec. 2023 was $4,991 Mil. Therefore, Select Medical Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.07%.


Select Medical Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Select Medical 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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Select Medical Holdings Effective Interest Rate on Debt % Chart

Select Medical Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.13 3.40 2.94 3.41 3.93

Select Medical Holdings 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 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 3.72 3.76 3.83 3.99 4.07

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

For the Medical Care Facilities subindustry, Select Medical 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.


Select Medical Holdings's Effective Interest Rate on Debt % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Select Medical Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Select Medical Holdings Effective Interest Rate on Debt % Calculation

Select Medical 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  *  -198.639/( (5156.701+4959.545)/ 2 )
=-1  *  -198.639/5058.123
=3.93 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4843.605 + 313.096
=5156.701

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4613.542 + 346.003
=4959.545

Select Medical Holdings'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  *  -203.2/( (5022.102+4959.545)/ 2 )
=-1  *  -203.2/4990.8235
=4.07 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4714.429 + 307.673
=5022.102

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4613.542 + 346.003
=4959.545

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


Select Medical Holdings  (NYSE:SEM) Effective Interest Rate on Debt % Explanation

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


Select Medical Holdings Effective Interest Rate on Debt % Related Terms

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Select Medical Holdings (Select Medical Holdings) Business Description

Traded in Other Exchanges
Address
4714 Gettysburg Road, P.O. Box 2034, Mechanicsburg, PA, USA, 17055
Select Medical Holdings Corp is a healthcare company that operates through four main segments: critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and Concentra institutions. Critical illness recovery hospitals and rehabilitation centres are designed for patients requiring extended recovery time with medical services. These two sectors combined compose roughly half of the total revenue and include over 103 critical illness recovery hospitals and inpatient rehab facilities. The outpatient rehabilitation segment includes over 1,928 rehabilitation clinics. The Concentra segment includes over 540 occupational health centers and 147 onsite clinics. The company is headquartered in Pennsylvania, and it operates across the United States.
Executives
Robert A Ortenzio director, officer: Chief Executive Officer 4718 OLD GETTYSBURG RD, POST OFFICE BOX 2034, MECHANICSBURG PA 30309
Breighner Robert G. Jr officer: Vice President, Compliance C/O SELECT MEDICAL HOLDINGS CORPORATION, 4714 GETTYSBURG ROAD, MACHANICSBURG PA 17055
Michael F Malatesta officer: Senior Vice President, Finance C/O SELECT MEDICAL CORPORATION, 4714 GETTYSBURG RD, P.O. BOX 2034, MECHANICSBURG PA 17055
Christopher Weigl officer: Chief Accounting Officer C/O SELECT MEDICAL CORPORATION, 4714 GETTYSBURG ROAD, P.O. BOX 2034, MECHANICSBURG PA 17055
David S Chernow officer: Chief Executive Officer C/O JUNIOR ACHIEVEMENT INC, ONE EDUCATION WAY, COLORADO SPRINGS CO 80906
Parvinderjit S. Khanuja director C/O SELECT MEDICAL CORPORATION, 4714 GETTYSBURG RD, P.O. BOX 2034, MECHANICSBURG PA 17055
Marilyn B Tavenner director 13600 BUTLERS ROAD, AMELIA COURT HOUSE VA 23002
Michael E Tarvin officer: Executive Vice President 4716 OLD GETTYSBURG ROAD, PO BOX 2034, MECHANICSBURG PA 17055
Martin F Jackson officer: Executive Vice President 4716 OLD GETTYSBURG ROAD, PO BOX 2034, MECHANICSBURG PA 17055
Katherine R Davisson director C/O SELECT MEDICAL CORPORATION, 4714 GETTYSBURG ROAD, P.O. BOX 2034, MECHANICSBURG PA 17055
Ely James S. Iii director 4000 MERIDIAN BLVD, FRANKLIN TN 37067
Scott A Romberger officer: Senior Vice President 4716 OLD GETTYSBURG ROAD, PO BOX 2034, MECHANICSBURG PA 17055
Thomas P Mullin officer: Executive Vice President C/O SELECT MEDICAL CORPORATION, 4714 GETTYSBURG ROAD, P.O. BOX 2034, MECHANICSBURG PA 17055
Leopold Swergold director
Daniel Thomas director C/O SELECT MEDICAL CORPORATION, 4714 GETTYSBURG ROAD P.O. BOX 2034, MECHANICSBURG PA 17055