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AMN Healthcare Services (AMN Healthcare Services) Effective Interest Rate on Debt % : 6.93% (As of Dec. 2023)


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What is AMN Healthcare Services 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. AMN Healthcare Services's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $81 Mil. AMN Healthcare Services's average total debt for the quarter that ended in Dec. 2023 was $1,163 Mil. Therefore, AMN Healthcare Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.93%.


AMN Healthcare Services Effective Interest Rate on Debt % Historical Data

The historical data trend for AMN Healthcare Services'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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AMN Healthcare Services Effective Interest Rate on Debt % Chart

AMN Healthcare Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.89 6.88 3.74 4.68 4.90

AMN Healthcare Services 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 % 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 5.46 4.41 4.70 4.51 6.93

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

For the Medical Care Facilities subindustry, AMN Healthcare Services'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.


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

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

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



AMN Healthcare Services Effective Interest Rate on Debt % Calculation

AMN Healthcare Services'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  *  -54.14/( (860.955+1350.284)/ 2 )
=-1  *  -54.14/1105.6195
=4.90 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=852.865 + 8.09
=860.955

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1342.291 + 7.993
=1350.284

AMN Healthcare Services'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  *  -80.66/( (976.332+1350.284)/ 2 )
=-1  *  -80.66/1163.308
=6.93 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=967.855 + 8.477
=976.332

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1342.291 + 7.993
=1350.284

* 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.


AMN Healthcare Services  (NYSE:AMN) Effective Interest Rate on Debt % Explanation

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


AMN Healthcare Services Effective Interest Rate on Debt % Related Terms

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AMN Healthcare Services (AMN Healthcare Services) Business Description

Traded in Other Exchanges
Address
8840 Cypress Waters Boulevard, Suite 300, Dallas, TX, USA, 75019
AMN Healthcare Services is one of the largest healthcare staffing company in the United States. In 2022, it offered almost 12,000 nurses and allied healthcare full-time workers with provider clients nationwide. About two thirds of its business is generated from its temporary nursing division; the other third is generated from its physician placement and technology-backed workplace solutions divisions.
Executives
Mark Christopher Hagan officer: Chief Information and Digital C/O AMN HEALTHCARE SERVICES, INC., 12400 HIGH BLUFF DRIVE, SUITE 100, SAN DIEGO CA 92130
Jeffrey R Knudson officer: CFO C/O AMN HEALTHCARE SERVICES INC., 8840 CYPRESS WATERS BOULEVARD, SUITE 300, DALLAS TX 75019
Whitney M Laughlin officer: Chief Legal Officer C/O AMN HEALTHCARE SERVICES, INC., 2999 OLYMPUS BLVD., STE 500, DALLAS TX 75019
Daphne E Jones director 275 NORTH FIELD DRIVE, LAKE FOREST IL 60045
Mark G Foletta director AMYLIN PHARMACEUTICALS INC, 9360 TOWNE CENTRE DR, SAN DIEGO CA 92121
Denise L Jackson officer: General Counsel/Sr. VP 12400 HIGH BLUFF DRIVE, SUITE 100, SAN DIEGO CA 92130
Caroline Grace director, officer: Chief Executive Officer 200 E. RANDOLPH ST., CHICAGO IL 60601
Douglas D Wheat director C/O HAAS WHEAT & PARTNERS LP, 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Susan Nowakowski director, officer: President and COO 14778 EL RODEO CT., RANCHO SANTA FE CA 92067
Jorge A. Caballero director C/O AMN HEALTHCARE SERVICES INC., 8840 CYPRESS WATERS BOULEVARD, SUITE 300, DALLAS TX 75019
Christopher S Schwartz officer: Interim Principal Financial C/O AMN HEALTHCARE SERVICES INC., 8840 CYPRESS WATERS BOULEVARD, SUITE 300, DALLAS TX 75019
R Jeffrey Harris director 20735 BARTLETT DRIVE, BROOKFIELD WI 53045
Brian M. Scott officer: CFO/CAO 12400 HIGH BLUFF DRIVE, SUITE 100, SAN DIEGO CA 92130
Martha H. Marsh director 9769 WEXFORD CIRCLE, GRANITE BAY CA 95746
Sylvia Trent-adams director C/O AMN HEALTHCARE SERVICES, INC., 8840 CYPRESS WATERS BLVD, SUITE 300, DALLAS TX 75019