American Public Education (American Public Education) Interest Expense

: $-4.5 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. American Public Education's interest expense for the three months ended in Dec. 2023 was $ -0.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-4.5 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. American Public Education's Operating Income for the three months ended in Dec. 2023 was $ 18.9 Mil. American Public Education's Interest Expense for the three months ended in Dec. 2023 was $ -0.8 Mil. American Public Education's Interest Coverage for the quarter that ended in Dec. 2023 was 23.89. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

American Public Education Interest Expense Historical Data

The historical data trend for American Public Education's Interest Expense 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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American Public Education Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-4.28

-17.73

-4.46

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
Interest Expense																-7.39	-1.78	-1.10	-0.79	-0.79

American Public Education Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.5 Mil.

American Public Education (NAS:APEI) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

American Public Education's Interest Expense for the three months ended in Dec. 2023 was $-0.8 Mil. Its Operating Income for the three months ended in Dec. 2023 was $18.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $191.4 Mil.

American Public Education's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	18.894	/	-0.791
	=	23.89

The higher the ratio, the stronger the company's financial strength is.

American Public Education (American Public Education) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » American Public Education Inc (NAS:APEI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 West Congress Street, Charles Town, WV, USA, 25414

Website

https://www.apei.com

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