ALHC (Alignment Healthcare) Effective Interest Rate on Debt % : 8.00% (As of Dec. 2024)

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What is Alignment Healthcare 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. Alignment Healthcare's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $22 Mil. Alignment Healthcare's average total debt for the quarter that ended in Dec. 2024 was $275 Mil. Therefore, Alignment Healthcare's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 8.00%.

Alignment Healthcare Effective Interest Rate on Debt % Historical Data

The historical data trend for Alignment Healthcare'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.

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Alignment Healthcare Effective Interest Rate on Debt % Chart

Alignment Healthcare Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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11.58

11.18

11.35

12.66

9.42

Alignment Healthcare Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															12.84	12.72	11.66	12.61	8.00

Competitive Comparison of Alignment Healthcare's Effective Interest Rate on Debt %

For the Healthcare Plans subindustry, Alignment Healthcare'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.

Alignment Healthcare's Effective Interest Rate on Debt % Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Alignment Healthcare's Effective Interest Rate on Debt % distribution charts can be found below:

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

Alignment Healthcare Effective Interest Rate on Debt % Calculation

Alignment Healthcare's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -23.547	/	( (170.787	+	329.263)	/ 2 )
=	-1 * -23.547	/	250.025
=	9.42 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	170.787	+	0
=	170.787

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	329.263	+	0
=	329.263

Alignment Healthcare's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -21.968	/	( (220.19	+	329.263)	/ 2 )
=	-1 * -21.968	/	274.7265
=	8.00 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	218.577	+	1.613
=	220.19

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	329.263	+	0
=	329.263

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

Alignment Healthcare (NAS:ALHC) Effective Interest Rate on Debt % Explanation

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

Alignment Healthcare Effective Interest Rate on Debt % Related Terms

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Alignment Healthcare Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Alignment Healthcare Inc (NAS:ALHC) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1100 West Town and Country Road, Suite 1600, Orange, CA, USA, 92868

Website

https://www.alignmenthealthcare.com

Alignment Healthcare Inc is a next-generation, consumer-centric platform that is revolutionizing the healthcare experience for seniors through Medicare Advantage plans. These plans are marketed and sold direct-to-consumer, allowing seniors to select the manner in which customers receive healthcare coverage and services on an annual basis. The company combines a technology platform and clinical model for more effective health outcomes.

Executives

John E Kao	director, officer: Chief Executive Officer
Hakan Kardes	officer: Chief Technology Officer	C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN AND COUNTRY ROAD, SUITE 160, ORANGE CA 92868
Dawn Christine Maroney	officer: President, Markets	C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN & COUNTRY ROAD, SUITE 1600, ORANGE CA 92868
Hyong Kim	officer: Chief Medical Officer	C/O ALIGNMENT HEALTHCARE, INC., 1100 W TOWN AND COUNTRY ROAD, SUITE 1600, ORANGE CA 92868
Robert Thomas Freeman	officer: Chief Financial Officer	C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN & COUNTRY ROAD, SUITE 1600, ORANGE CA 92868
Joseph S Konowiecki	director	5995 PLAZA DR, CYPRESS CA 90630
Christopher J Joyce	officer: Chief Legal and Admin. Officer	C/O ALLIANCE ENTERTAINMENT CORP, 110 EAST 59TH STREET 18TH FLOOR, NEW YORK NY 10022
Jeffrey H Margolis	director	567 SAN NICHOLAS DRIVE, SUITE 360, NEWPORT BEACH CA 92660
Robert L. Scavo	officer: Chief Information Officer	C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN AND COUNTRY ROAD, SUITE 160, ORANGE CA 92868
Melinda Michele Kimbro	officer: Chief People Officer	6155 EL CAMINO REAL, CARLSBAD CA 92009
Dinesh M. Kumar	officer: Chief Health Officer	C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN & COUNTRY ROAD, SUITE 1600, ORANGE CA 92868
Richard A. Cross	officer: SVP, General Counsel	C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN AND COUNTRY ROAD, STE. 1600, ORANGE CA 92868
Warburg Pincus Llc	director, 10 percent owner	450 LEXINGTON AVENUE, NEW YORK NY 10017
General Atlantic (aln Hlth), L.p.	director, 10 percent owner	C/O GENERAL ATLANTIC SERVICE COMPANY, LP, 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic, L.p.	director, 10 percent owner	55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055