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TruBridge (TruBridge) Effective Interest Rate on Debt %

: 9.40% (As of Dec. 2023)
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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. TruBridge's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $16.5 Mil. TruBridge's average total debt for the quarter that ended in Dec. 2023 was $175.2 Mil. Therefore, TruBridge's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 9.40%.


TruBridge Effective Interest Rate on Debt % Historical Data

The historical data trend for TruBridge'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.

TruBridge Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.43 3.58 3.33 4.98 7.14

TruBridge 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 % 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 Premium Member Only Premium Member Only Premium Member Only 6.16 7.28 7.19 8.26 9.40

Competitive Comparison

For the Health Information Services subindustry, TruBridge'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.


TruBridge Effective Interest Rate on Debt % Distribution

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

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



TruBridge Effective Interest Rate on Debt % Calculation

TruBridge'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  *  -12.521/( (147.243+203.289)/ 2 )
=-1  *  -12.521/175.266
=7.14 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=142.039 + 5.204
=147.243

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=198.344 + 4.945
=203.289

TruBridge'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  *  -16.464/( (147.19+203.289)/ 2 )
=-1  *  -16.464/175.2395
=9.40 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=142.169 + 5.021
=147.19

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=198.344 + 4.945
=203.289

* 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.


TruBridge  (NAS:TBRG) Effective Interest Rate on Debt % Explanation

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


TruBridge Effective Interest Rate on Debt % Related Terms

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TruBridge (TruBridge) Business Description

Traded in Other Exchanges
Address
54 St. Emanuel Street, Mobile, AL, USA, 36602
Computer Programs and Systems Inc is a provider of healthcare solutions and services for community hospitals and post-acute care facilities. The company's segment includes Acute Care EHR, Post-acute Care EHR, and TruBridge. Acute Care EHR segment consists of acute care software solutions and support sales generated by Evident and Health and. Post-acute Care EHR segment consists of post-acute care software solutions and support sales generated by AHT, and TruBridge segment primarily consists of business management, consulting and managed IT services sales generated by TruBridge and the sale of Rycan's revenue cycle management workflow and automation software. It generates a majority of its revenue from the Acute Care EHR segment.
Executives
Mark V Anquillare director C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310-1686
Lance Park officer: VP Finance & Controller 54 ST. EMANUEL STREET, MOBILE AL 36602
Kevin Plessner officer: General Counsel 54 ST. EMANUEL STREET, MOBILE AL 36602
Wes Cronkite officer: Chief Technology & Innovation 54 ST. EMANUEL STREET, MOBILE AL 36602
David A Dye director, officer: Chief Growth Officer 1307 CAPTAIN O'NEAL DR., DAPHNE AL 36526
Christopher L Fowler officer: COO and President (TruBridge) 6600 WALL STREET, MOBILE AL 36695
Robert D Hinckle officer: Senior VP - Client Services COMPUTER PROGRAMS AND SYSTEMS, INC., 6600 WALL STREET, MOBILE AL 36695
Glenn Tobin director CERNER CORP, 2800 ROCKCREEK PARKWAY, KANSAS CITY MO 64117
James Patrick Murphy officer: SVP, TruBridge, Bus. Service 54 ST. EMANUEL STREET, MOBILE AL 36602
Amaris Angelica Mccomas officer: Chief People Officer 54 ST. EMANUEL STREET, MOBILE AL 36602
Claire Stephens officer: SVP, Post Acute Care 54 ST. EMANUEL STREET, MOBILE AL 36602
Dawn M Severance officer: SVP of TruBridge, Sales 54 ST. EMANUEL STREET, MOBILE AL 36602
Douglas John B Jr director, officer: President and CEO 333 DALEWOOD DR., MOBILE AL 36608
Troy D Rosser officer: Senior Vice President - Sales COMPUTER PROGRAMS & SYSTEMS, INC., 6600 WALL STREET, MOBILE AL 36695
Matt J Chambless officer: CFO, Secretary & Treasurer 6600 WALL STREET, MOBILE AL 36695