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FC (Franklin Covey Co) Effective Interest Rate on Debt % : 13.49% (As of Feb. 2025)


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What is Franklin Covey Co 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. Franklin Covey Co's annualized positive value of Interest Expense for the quarter that ended in Feb. 2025 was $0.6 Mil. Franklin Covey Co's average total debt for the quarter that ended in Feb. 2025 was $4.6 Mil. Therefore, Franklin Covey Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2025 was 13.49%.


Franklin Covey Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Franklin Covey Co'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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Franklin Covey Co Effective Interest Rate on Debt % Chart

Franklin Covey Co Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.13 6.04 5.86 8.00 10.47

Franklin Covey Co Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 10.76 10.22 11.42 12.79 13.49

Competitive Comparison of Franklin Covey Co's Effective Interest Rate on Debt %

For the Education & Training Services subindustry, Franklin Covey Co'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.


Franklin Covey Co's Effective Interest Rate on Debt % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Franklin Covey Co's Effective Interest Rate on Debt % distribution charts can be found below:

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


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Franklin Covey Co Effective Interest Rate on Debt % Calculation

Franklin Covey Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Aug. 2023 )+Total Debt  (A: Aug. 2024 ))/ count )
=-1  *  -1.119/( (15.332+6.034)/ 2 )
=-1  *  -1.119/10.683
=10.47 %

where

Total Debt  (A: Aug. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.959 + 9.373
=15.332

Total Debt  (A: Aug. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.087 + 3.947
=6.034

Franklin Covey Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2024 )+Total Debt  (Q: Feb. 2025 ))/ count )
=-1  *  -0.624/( (5.102+4.152)/ 2 )
=-1  *  -0.624/4.627
=13.49 %

where

Total Debt  (Q: Nov. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.101 + 3.001
=5.102

Total Debt  (Q: Feb. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.116 + 2.036
=4.152

* 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 (Feb. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Franklin Covey Co  (NYSE:FC) Effective Interest Rate on Debt % Explanation

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


Franklin Covey Co Effective Interest Rate on Debt % Related Terms

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Franklin Covey Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
2200 West Parkway Boulevard, Salt Lake City, UT, USA, 84119-2331
Franklin Covey Co is a company focused on organizational performance improvement. It focuses on providing time management and effectiveness training for individuals and corporations via online training as well as in-person workshops and events. The company provides training and consulting services in the areas of leadership, execution, productivity, trust, sales performance, customer loyalty, and educational improvement. It operates in the business segments of Direct Offices, Education division, and International Licensees. The company derives revenue from providing training and consulting services, and through the selling of books, audio media, and other related products. It has a business presence in the Australia, New Zealand, China, Japan, United Kingdom, Ireland, and Other countries.
Executives
Meisha Sherman officer: CPO 2200 WEST PARKWAY BLVD., SALT LAKE CITY UT 84119-2099
Jennifer C. Colosimo officer: President, Enterprise Division 2200 WEST PARKWAY BLVD., SALT LAKE CITY UT 84119
Efrain Rivera director 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Paul S Walker director, officer: CEO, Director 2200 WEST PARKWAY BLVD., SALT LAKE CITY UT 84119
Covey Michael Sean Merrill officer: President, Education Division 2200 WEST PARKWAY BLVD., SALT LAKE CITY UT 84119
Dom Colleen D officer: COO 2200 WEST PARKWAY BLVD, SALT LAKE CITY UT 84119
Craig Cuffie director 2200 WEST PARKWAY BOULEVARD, SALT LAKE CITY UT 84119
Esther Kay Stepp director
Nancy R Phillips director 1515 BROADWAY, NEW YORK NY 10036
Michael Fung director 2200 WEST PARKWAY BLVD, SALT LAKE CITY UT 84119
Donald J Mcnamara director 4200 TEXAS COMMERCE TOWER WEST, 2200 ROSS AVE SUITE 4200, DALLAS TX 75201
Knowledge Capital Investment Group 10 percent owner 4200 CHASE TOWER WEST, 2200 ROSS AVENUE, DALLAS TX 75201
Van Bever Derek C M director 2200 WEST PARKWAY BLVD., SALT LAKE CITY UT 84119
Scott Jeffery Miller officer: EVP Bus Development/Marketing 2200 WEST PARKWAY BLVD., SALT LAKE CITY UT 84119
Joel Clinton Peterson director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101