GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » American Public Education Inc (NAS:APEI) » Definitions » Effective Interest Rate on Debt %
中文

American Public Education (American Public Education) Effective Interest Rate on Debt % : 1.54% (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is American Public Education 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. American Public Education's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $3.2 Mil. American Public Education's average total debt for the quarter that ended in Dec. 2023 was $205.3 Mil. Therefore, American Public Education's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.54%.


American Public Education Effective Interest Rate on Debt % Historical Data

The historical data trend for American Public Education'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.

* Premium members only.

American Public Education Effective Interest Rate on Debt % Chart

American Public Education 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 - - 3.39 7.83 2.16

American Public Education 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 12.27 3.40 2.10 1.53 1.54

Competitive Comparison of American Public Education's Effective Interest Rate on Debt %

For the Education & Training Services subindustry, American Public Education'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.


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

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

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



American Public Education Effective Interest Rate on Debt % Calculation

American Public Education'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  *  -4.459/( (208.967+204.73)/ 2 )
=-1  *  -4.459/206.8485
=2.16 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=194.571 + 14.396
=208.967

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=191.421 + 13.309
=204.73

American Public Education'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  *  -3.164/( (205.812+204.73)/ 2 )
=-1  *  -3.164/205.271
=1.54 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=191.605 + 14.207
=205.812

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=191.421 + 13.309
=204.73

* 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.


American Public Education  (NAS:APEI) Effective Interest Rate on Debt % Explanation

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


American Public Education Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of American Public Education's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


American Public Education (American Public Education) Business Description

Traded in Other Exchanges
N/A
Address
111 West Congress Street, Charles Town, WV, USA, 25414
American Public Education Inc provides online and on-campus postsecondary education including various undergraduate and graduate degree programs. The fields of study include business administration, health science, technology, criminal justice, education, liberal arts, national security, military studies, intelligence, and homeland security. There are three reporting segments: the American Public Education segment which is the key revenue generator; the Rasmussen University Segment and the Hondros College of Nursing segment. The revenue is generated from net course registrations and enrollment, tuition rate, net tuition, and other fees.
Executives
Barbara Kurshan director C/O AMERICAN PUBLIC EDUCATION, 111 W. CONGRESS STREET, CHARLES TOWN WV 25414
Craig S Macgibbon officer: EVP, Chief Information Officer C/O UIL HOLDINGS CORPORATION, 157 CHURCH STREET, NEW HAVEN CT 06506
Thomas Beckett officer: SVP, General Counsel 111 W. CONGRESS STREET, CHARLES TOWN WV 25414
Paula R Singer officer: Acting President, Rasmussen C/O AMERICAN PUBLIC EDUCATION, INC., 111 WEST CONGRESS STREET, CHARLES TOWN WV 25414
325 Master Fund Lp other: See Footnotes 757 THIRD AVENUE, 20TH FLOOR, NEW YORK NY 10017
Daniel M. Friedberg other: See Footnotes C/O SAGARD CAPITAL, 325 GREENWICH AVENUE, GREENWICH CT 06830
325 Capital Llc other: See Footnotes 757 THIRD AVENUE, 20TH FLOOR, NEW YORK NY 10017
Michael David Braner director, other: See Footnotes 200 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10016
Anil K Shrivastava other: See Footnotes 200 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10016
325 Capital Gp, Llc other: See Footnotes 757 THIRD AVENUE, 20TH FLOOR, NEW YORK NY 10017
Robinson William G Jr director 3150 SABRE DRIVE, SOUTHLAKE TX 76092
Granetta B. Blevins director C/O AMERICAN PUBLIC EDUCATION, INC., 111 WEST CONGRESS STREET, CHARLES TOWN WV 25414
Harry T Wilkins officer: EVP, Strategy, Growth & Innov. 111 W. CONGRESS STREET, CHARLES TOWN WV 25414
Anna M. Fabrega director C/O AMERICAN PUBLIC EDUCATION, INC., 111 WEST CONGRESS STREET, CHARLES TOWN WV 25414
Eric C. Andersen director C/O AMERICAN PUBLIC EDUCATION, INC., 111 W. CONGRESS STREET, CHARLES TOWN WV 25414