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Vitru (VTRU) Effective Interest Rate on Debt % : 15.16% (As of Dec. 2023)


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What is Vitru 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. Vitru's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $72.2 Mil. Vitru's average total debt for the quarter that ended in Dec. 2023 was $476.5 Mil. Therefore, Vitru's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 15.16%.


Vitru Effective Interest Rate on Debt % Historical Data

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

Vitru Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 57.52 26.14 26.42 22.37 15.65

Vitru Quarterly Data
Dec18 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 12.45 16.24 13.93 16.06 15.16

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

For the Education & Training Services subindustry, Vitru'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.


Vitru's Effective Interest Rate on Debt % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Vitru's Effective Interest Rate on Debt % distribution charts can be found below:

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



Vitru Effective Interest Rate on Debt % Calculation

Vitru'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  *  -69.079/( (370.531+512.195)/ 2 )
=-1  *  -69.079/441.363
=15.65 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=335.745 + 34.786
=370.531

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=470.818 + 41.377
=512.195

Vitru'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  *  -72.228/( (440.885+512.195)/ 2 )
=-1  *  -72.228/476.54
=15.16 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=371.879 + 69.006
=440.885

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=470.818 + 41.377
=512.195

* 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.


Vitru  (NAS:VTRU) Effective Interest Rate on Debt % Explanation

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


Vitru Effective Interest Rate on Debt % Related Terms

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Vitru (VTRU) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5500, Torre Jurere A, 2nd floor, Saco Grande, Rodovia Jose Carlos Daux, Florianopolis, SC, BRA, 88032-005
Vitru Ltd is a digital education provider in Brazil. It provides post-secondary distance learning programs. The company provides a complete pedagogical ecosystem focused on hybrid digital education experience for undergraduates and continuing education. The programs are provided in multiple formats namely, videos, eBook, podcasts and html text, among others. The segments of the company are digital education undergraduate courses, on-campus undergraduate and continuing education courses.

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