Advanzeon Solutions (Advanzeon Solutions) Effective Interest Rate on Debt % : 22.89% (As of Jun. 2020)

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

What is Advanzeon Solutions 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. Advanzeon Solutions's annualized positive value of Interest Expense for the quarter that ended in Jun. 2020 was $2.83 Mil. Advanzeon Solutions's average total debt for the quarter that ended in Jun. 2020 was $12.37 Mil. Therefore, Advanzeon Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2020 was 22.89%.

Advanzeon Solutions Effective Interest Rate on Debt % Historical Data

The historical data trend for Advanzeon Solutions'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.

Advanzeon Solutions Effective Interest Rate on Debt % Chart

Advanzeon Solutions Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

15.12

14.77

13.18

12.84

11.98

Advanzeon Solutions Quarterly Data
	Mar13	Jun13	Dec13	Dec14	Dec15	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															11.89	12.45	11.63	11.96	22.89

Competitive Comparison of Advanzeon Solutions's Effective Interest Rate on Debt %

For the Medical Care Facilities subindustry, Advanzeon Solutions'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.

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

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

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

Advanzeon Solutions Effective Interest Rate on Debt % Calculation

Advanzeon Solutions's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2018 )	+	Total Debt (A: Dec. 2019 ))	/ count )
=	-1 * -1.429	/	( (10.908	+	12.956)	/ 2 )
=	-1 * -1.429	/	11.932
=	11.98 %

where

	Total Debt (A: Dec. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.029	+	10.879
=	10.908

	Total Debt (A: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.147	+	12.809
=	12.956

Advanzeon Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2020 )	+	Total Debt (Q: Jun. 2020 ))	/ count )
=	-1 * -2.832	/	( (13.457	+	11.284)	/ 2 )
=	-1 * -2.832	/	12.3705
=	22.89 %

where

	Total Debt (Q: Mar. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.121	+	13.336
=	13.457

	Total Debt (Q: Jun. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.179	+	11.105
=	11.284

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 (Jun. 2020) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Advanzeon Solutions (OTCPK:CHCR) Effective Interest Rate on Debt % Explanation

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

Advanzeon Solutions Effective Interest Rate on Debt % Related Terms

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

Advanzeon Solutions (Advanzeon Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Advanzeon Solutions Inc (OTCPK:CHCR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2901 W. Busch Boulevard, Suite 701, Tampa, FL, USA, 33618

Website

http://www.advanzeon.com

Advanzeon Solutions Inc is engaged in the provision of behavioral health, substance abuse, and pharmacy management services, as well as sleep apnea programs. The services are primarily offered to commercial, medical, Medicaid, Children's health insurance program health plans as well as self-insured companies. The company has developed a program that is SleepMaster Solutions which is for the identification/testing and therapy of Obstructive Sleep Apnea (OSA). The company generated the majority of the revenue through its Sleep Apnea business.

Executives

Stephen M. Kreitzer	director, other: Medical Dir.. PVMS	4917 ANDROS DRIVE TAMPA FL 33629
Neil S Subin	10 percent owner	2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Clark A. Marcus	director, 10 percent owner, officer: CEO	1211 N. WESTSHORE BLVD., SUITE 512, TAMPA FL 33607
Mark Heidt	director, other: Consultant	2901 W. BUSCH BLVD. SUITE 701 TAMPA FL 33618
Arthur Yeap	director	1211 N. WESTSHORE BLVD. SUITE 512 TAMPA FL 33607
Sharon Kay Ray	director	1211 N. WESTSHORE BLVD. SUITE 512 TAMPA FL 33607
Arnold Finestone	director, officer: CFO	1211 N. WESTSHORE BLVD. SUITE 512 TAMPA FL 33607
Abdul Rauf	officer: COO	C/O ADVANZEON SOLUTIONS, INC., 2901 W. BUSH BLVD, # 701 TAMPA FL 33618
Gerard Smith	director, officer: COO	2901 W. BUSCH BLVD. SUITE 701 TAMPA FL 33618
James L. Koenig	director, officer: CFO	1604 OAKMONT DRIVE BRANDON FL 33511
Ramon Martinez	director, officer: President (a)	3405 W. DR. MARTIN LUTHER KING,JR. BLVD STE. 101 TAMPA FL 33607
Jairo Estrada	director	CALL BOX 1370 DORADO PR 00646-1370
Joshua I Smith	director	TWO EMBARCADERO CENTER, STE 1050, SAN FRANCISCO CA 94111
Robert R Kulbick	officer: President	1001 SUMMIT BLVD, NE, ATLANTA GA 30319
David R Pitts	director	P O BOX 2790, ST FRANCISVILLE LA 70775