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Laureate Education (Laureate Education) Effective Interest Rate on Debt % : 2.69% (As of Dec. 2023)


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What is Laureate Education 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. Laureate Education's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $15 Mil. Laureate Education's average total debt for the quarter that ended in Dec. 2023 was $554 Mil. Therefore, Laureate Education's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.69%.


Laureate Education Effective Interest Rate on Debt % Historical Data

The historical data trend for Laureate Education'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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Laureate Education Effective Interest Rate on Debt % Chart

Laureate Education 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 5.68 6.26 4.44 2.70 3.41

Laureate Education 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 3.34 3.55 3.74 3.61 2.69

Competitive Comparison of Laureate Education's Effective Interest Rate on Debt %

For the Education & Training Services subindustry, Laureate Education'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.


Laureate Education's Effective Interest Rate on Debt % Distribution in the Education Industry

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

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



Laureate Education Effective Interest Rate on Debt % Calculation

Laureate Education'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  *  -20.986/( (648.005+582.703)/ 2 )
=-1  *  -20.986/615.354
=3.41 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=552.827 + 95.178
=648.005

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=472.361 + 110.342
=582.703

Laureate Education'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  *  -14.912/( (525.282+582.703)/ 2 )
=-1  *  -14.912/553.9925
=2.69 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=419.964 + 105.318
=525.282

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=472.361 + 110.342
=582.703

* 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.


Laureate Education  (NAS:LAUR) Effective Interest Rate on Debt % Explanation

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


Laureate Education Effective Interest Rate on Debt % Related Terms

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Laureate Education (Laureate Education) Business Description

Traded in Other Exchanges
Address
PMB 1158, 1000 Brickell Avenue, Suite 715, Miami, FL, USA, 33131
Laureate Education Inc is an international community of universities. The company provides higher education programs and services to students through an international network of licensed universities and higher education institutions. Its geographical segments include Peru and Mexico.
Executives
Ian Kendell Snow director, 10 percent owner 667 MADISON AVENUE, NEW YORK NY 10021
Wengen Alberta, Lp 10 percent owner C/O LAUREATE EDUCATION, INC., 650 SOUTH EXETER STREET, BALTIMORE MD 21202
Sinkfield Richard Harvey Iii officer: Chief Legal Officer LAUREATE EDUCATION, INC., 650 SOUTH EXETER STREET, BALTIMORE MD 21202
Gerard M. Knauer officer: VP, Acctg, Global Controller LAUREATE EDUCATION, INC., 650 SOUTH EXETER STREET, BALTIMORE MD 21202
Macedo Aristides De director C/O LAUREATE EDUCATION, INC., PMB 1158, 1000 BRICKELL AVE., SUITE 715, MIAMI FL 33131
Marcelo Cardoso officer: Chief Transformation Officer LAUREATE EDUCATION, INC., 650 SOUTH EXETER STREET, BALTIMORE MD 21202
Kkr Group Partnership L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Kkr 2006 Fund (overseas), Limited Partnership 10 percent owner 9 WEST 57TH STREET - SUITE 4200, NEW YORK NY 10019
Kkr Group Co. Inc. 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001
George Munoz director C/O MARRIOTT INTERNATONAL INC, 10400 FERNWOOD ROAD, BETHESDA MD 20817
Cohen Steven A/sac Capital Mgmt Lp 10 percent owner, other: Director-by-Deputization C/O SAC CAPITAL ADVISORS LLC, 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Barbara Mair director LAUREATE EDUCATION, INC., 78 S.W. 7TH STREET, SUITE 900, MIAMI FL 33130
Snow Phipps Group, Llc director, 10 percent owner 545 MADISON AVE., 10TH FLOOR, NEW YORK NY 10022
Eilif Serck-hanssen officer: Executive Vice President, CFO 7823 CHELSEA STREET, RUXTON MD 21204
Michael J Durham director 3416 CARUTH BOULEVARD, DALLAS TX 75225