GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Bright Scholar Education Holdings Ltd (NYSE:BEDU) » Definitions » Effective Interest Rate on Debt %

Bright Scholar Education Holdings (Bright Scholar Education Holdings) Effective Interest Rate on Debt % : 0.71% (As of Feb. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Bright Scholar Education 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. Bright Scholar Education Holdings's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was $1.6 Mil. Bright Scholar Education Holdings's average total debt for the quarter that ended in Feb. 2024 was $220.9 Mil. Therefore, Bright Scholar Education Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 0.71%.


Bright Scholar Education Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Bright Scholar Education 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.

* Premium members only.

Bright Scholar Education Holdings Effective Interest Rate on Debt % Chart

Bright Scholar Education Holdings Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.70 3.82 4.06 0.43

Bright Scholar Education Holdings Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.45 0.65 -0.28 - 0.71

Competitive Comparison of Bright Scholar Education Holdings's Effective Interest Rate on Debt %

For the Education & Training Services subindustry, Bright Scholar Education 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.


Bright Scholar Education Holdings's Effective Interest Rate on Debt % Distribution in the Education Industry

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

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



Bright Scholar Education Holdings Effective Interest Rate on Debt % Calculation

Bright Scholar Education Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Aug. 2022 )+Total Debt  (A: Aug. 2023 ))/ count )
=-1  *  -1.016/( (249.037+227.449)/ 2 )
=-1  *  -1.016/238.243
=0.43 %

where

Total Debt  (A: Aug. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=211.724 + 37.313
=249.037

Total Debt  (A: Aug. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=210.143 + 17.306
=227.449

Bright Scholar Education Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2023 )+Total Debt  (Q: Feb. 2024 ))/ count )
=-1  *  -1.568/( (221.114+220.758)/ 2 )
=-1  *  -1.568/220.936
=0.71 %

where

Total Debt  (Q: Nov. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=203.821 + 17.293
=221.114

Total Debt  (Q: Feb. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=202.969 + 17.789
=220.758

* 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 (Feb. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Bright Scholar Education Holdings  (NYSE:BEDU) Effective Interest Rate on Debt % Explanation

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


Bright Scholar Education Holdings Effective Interest Rate on Debt % Related Terms

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


Bright Scholar Education Holdings (Bright Scholar Education Holdings) Business Description

Traded in Other Exchanges
Address
No. 1, Country Garden Road, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528300
Bright Scholar Education Holdings Ltd operates as an education service provider. The company offers overseas schools, complementary education services, and domestic kindergartens and K12 operation services. The group's overseas K12 education has several K12 schools, art colleges, language training institutions, and summer schools around the world. The complimentary education services segment of the company predominantly includes camp programs, after-school programs, through a network of learning centers in China, as well as international education consulting services. Geographically, the company operates in China which is the key revenue generating market, Canada, United States, and United Kingdom.