AAC Holdings (AAC Holdings) Effective Interest Rate on Debt % : 14.24% (As of Sep. 2019)

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What is AAC 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. AAC Holdings's annualized positive value of Interest Expense for the quarter that ended in Sep. 2019 was $57.1 Mil. AAC Holdings's average total debt for the quarter that ended in Sep. 2019 was $400.9 Mil. Therefore, AAC Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2019 was 14.24%.

AAC Holdings Effective Interest Rate on Debt % Historical Data

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

AAC Holdings Annual Data

Trend

Dec07

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Effective Interest Rate on Debt %

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5.13

3.66

5.00

8.16

11.32

AAC Holdings Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															10.65	10.55	11.03	12.57	14.24

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

For the Medical Care Facilities subindustry, AAC 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.

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

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

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

AAC Holdings Effective Interest Rate on Debt % Calculation

AAC Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2017 )	+	Total Debt (A: Dec. 2018 ))	/ count )
=	-1 * -32.22	/	( (225.714	+	343.579)	/ 2 )
=	-1 * -32.22	/	284.6465
=	11.32 %

where

	Total Debt (A: Dec. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	220.992	+	4.722
=	225.714

	Total Debt (A: Dec. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	34.185	+	309.394
=	343.579

AAC Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2019 )	+	Total Debt (Q: Sep. 2019 ))	/ count )
=	-1 * -57.096	/	( (399.841	+	401.919)	/ 2 )
=	-1 * -57.096	/	400.88
=	14.24 %

where

	Total Debt (Q: Jun. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	35.709	+	364.132
=	399.841

	Total Debt (Q: Sep. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	34.527	+	367.392
=	401.919

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. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

AAC Holdings (OTCPK:AACH) Effective Interest Rate on Debt % Explanation

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

AAC Holdings Effective Interest Rate on Debt % Related Terms

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AAC Holdings (AAC Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » AAC Holdings Inc (OTCPK:AACH) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Powell Place, Brentwood, TN, USA, 37027

Website

http://www.americanaddictioncenters.org

AAC Holdings Inc provides inpatient and outpatient substance use treatment services for individuals with drug addiction, alcohol addiction, and co-occurring mental/behavioral health issues. The company also provides drug testing, diagnostic laboratory services and provides physician services to clients. Its facilities are located throughout the United States, including residential substance abuse treatment facilities, standalone outpatient centers and sober living facilities, that focus on delivering effective clinical care and treatment solutions.

Executives

Burch Lucius E Iii	director	C/O AMERICAN ADDICTION CENTERS, INC., 115 EAST PARK DRIVE, SECOND FLOOR, BRENTWOOD TN 37027
David C Kloeppel	director	C/O AMERICAN ADDICTION CENTERS, INC., 115 EAST PARK DRIVE, SECOND FLOOR, BRENTWOOD TN 37027
W Larry Cash	director	4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067