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LifeStance Health Group (LifeStance Health Group) Effective Interest Rate on Debt % : 4.67% (As of Mar. 2024)


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What is LifeStance Health Group 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. LifeStance Health Group's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $24 Mil. LifeStance Health Group's average total debt for the quarter that ended in Mar. 2024 was $505 Mil. Therefore, LifeStance Health Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.67%.


LifeStance Health Group Effective Interest Rate on Debt % Historical Data

The historical data trend for LifeStance Health Group'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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LifeStance Health Group Effective Interest Rate on Debt % Chart

LifeStance Health Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
6.82 - 14.82 6.27 4.31

LifeStance Health Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.28 4.21 4.45 4.45 4.67

Competitive Comparison of LifeStance Health Group's Effective Interest Rate on Debt %

For the Medical Care Facilities subindustry, LifeStance Health Group'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.


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

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

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



LifeStance Health Group Effective Interest Rate on Debt % Calculation

LifeStance Health Group'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  *  -21.22/( (476.489+508.117)/ 2 )
=-1  *  -21.22/492.303
=4.31 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=437.665 + 38.824
=476.489

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=461.642 + 46.475
=508.117

LifeStance Health Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -23.612/( (508.117+502.854)/ 2 )
=-1  *  -23.612/505.4855
=4.67 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=461.642 + 46.475
=508.117

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=453.125 + 49.729
=502.854

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


LifeStance Health Group  (NAS:LFST) Effective Interest Rate on Debt % Explanation

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


LifeStance Health Group Effective Interest Rate on Debt % Related Terms

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LifeStance Health Group (LifeStance Health Group) Business Description

Traded in Other Exchanges
N/A
Address
4800 North Scottsdale Road, Suite 6000, Scottsdale, AZ, USA, AZ 85251
LifeStance Health Group Inc is a provider of virtual and in-person outpatient mental health care for children, adolescents and adults experiencing a variety of mental health conditions.
Executives
Kevin Michael Mullins officer: Chief Development Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Paula Cipollone officer: See Remarks 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Warren Gouk officer: Chief Administrative Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Ann Varanakis officer: Chief People Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Anisha Patel-dunn officer: Chief Medical Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Ryan Pardo officer: See Remarks 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Danish J. Qureshi officer: Chief Growth Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Pablo Pantaleoni officer: Chief Digital Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
David Bourdon officer: Chief Financial Officer 6303 COWBOYS WAY, SUITE 350, FRISCO TX 75034
Kenneth A Burdick director, officer: Chief Executive Officer 6705 ROCKLEDGE DR, SUITE 900, BETHESDA MD 20817
Felicia Gorcyca officer: Chief People Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Michael K. Lester director, officer: See Remarks 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Gwen H. Booth officer: Chief Operating Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Jesse Michael Bruff officer: Chief Financial Officer 3100 HANSEN WAY, PALO ALTO CA 94304
Tpg Gp A, Llc 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102

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