ARDT (Ardent Health Partners) Effective Interest Rate on Debt % : 2.39% (As of Dec. 2024)

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What is Ardent Health Partners 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. Ardent Health Partners's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $54 Mil. Ardent Health Partners's average total debt for the quarter that ended in Dec. 2024 was $2,267 Mil. Therefore, Ardent Health Partners's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 2.39%.

Ardent Health Partners Effective Interest Rate on Debt % Historical Data

The historical data trend for Ardent Health Partners'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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Ardent Health Partners Effective Interest Rate on Debt % Chart

Ardent Health Partners Annual Data

Trend

Dec16

Dec17

Dec18

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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9.81

7.44

3.44

3.11

2.80

Ardent Health Partners Quarterly Data
	Dec16	Dec17	Sep18	Dec18	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial								3.08	2.94	3.23	2.60	2.39

Competitive Comparison of Ardent Health Partners's Effective Interest Rate on Debt %

For the Medical Care Facilities subindustry, Ardent Health Partners'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.

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

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

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

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Ardent Health Partners Effective Interest Rate on Debt % Calculation

Ardent Health Partners'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 * -65.578	/	( (2396.617	+	2282.189)	/ 2 )
=	-1 * -65.578	/	2339.403
=	2.80 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2335.584	+	61.033
=	2396.617

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2226.574	+	55.615
=	2282.189

Ardent Health Partners'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 * -54.112	/	( (2252.343	+	2282.189)	/ 2 )
=	-1 * -54.112	/	2267.266
=	2.39 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2240.176	+	12.167
=	2252.343

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2226.574	+	55.615
=	2282.189

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.

Ardent Health Partners (NYSE:ARDT) Effective Interest Rate on Debt % Explanation

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

Ardent Health Partners Effective Interest Rate on Debt % Related Terms

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Ardent Health Partners Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ardent Health Partners Inc (NYSE:ARDT) » Definitions » Effective Interest Rate on Debt %

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Address

340 Seven Springs Way, Suite 100, Brentwood, TN, USA, 37027

Website

https://www.ardenthealth.com

Ardent Health Partners Inc is an operator of hospitals and a provider of healthcare services in the United States. It provide both general and specialty services, including internal medicine, general surgery, cardiology, oncology, orthopedics, women's services, neurology, urology, and emergency services, within inpatient and ambulatory care settings. The company has one reportable segment: healthcare services that provides healthcare services primarily through its ownership and operation of hospitals, certain of which provide related healthcare services through physician practices, outpatient centers, and post-acute facilities. Ardent has 30 acute care hospitals, more than 200 sites of care that operates across six states: Texas, Oklahoma, New Mexico, New Jersey, Idaho, and Kansas.