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Oak Street Health (Oak Street Health) Effective Interest Rate on Debt % : 0.42% (As of Dec. 2022)


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What is Oak Street Health 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. Oak Street Health's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was $6 Mil. Oak Street Health's average total debt for the quarter that ended in Dec. 2022 was $1,323 Mil. Therefore, Oak Street Health's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 0.42%.


Oak Street Health Effective Interest Rate on Debt % Historical Data

The historical data trend for Oak Street Health'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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Oak Street Health Effective Interest Rate on Debt % Chart

Oak Street Health Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
10.02 9.17 9.94 0.23 0.21

Oak Street Health Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.26 0.22 0.17 - 0.42

Competitive Comparison of Oak Street Health's Effective Interest Rate on Debt %

For the Medical Care Facilities subindustry, Oak Street Health'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.


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

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

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



Oak Street Health Effective Interest Rate on Debt % Calculation

Oak Street Health's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -2.5/( (1065.6+1327.9)/ 2 )
=-1  *  -2.5/1196.75
=0.21 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1065.6 + 0
=1065.6

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1327.9 + 0
=1327.9

Oak Street Health's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2022 )+Total Debt  (Q: Dec. 2022 ))/ count )
=-1  *  -5.6/( (1318.8+1327.9)/ 2 )
=-1  *  -5.6/1323.35
=0.42 %

where

Total Debt  (Q: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1318.8 + 0
=1318.8

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1327.9 + 0
=1327.9

* 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. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Oak Street Health  (NYSE:OSH) Effective Interest Rate on Debt % Explanation

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


Oak Street Health Effective Interest Rate on Debt % Related Terms

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Oak Street Health (Oak Street Health) Business Description

Traded in Other Exchanges
N/A
Address
30 W. Monroe Street, Suite 1200, Chicago, IL, USA, 60603
Oak Street Health Inc is a fast-growing network of value-based, primary care centers for adults on Medicare. The company operates a healthcare model focused on the quality of care over the volume of services and assumes the full financial risk of its patients.
Executives
Regina M. Benjamin director 51 SAWYER ROAD, SUITE 200, WALTHAM MA 02453
Geoffrey M Price director, officer: See Remarks 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Robert Guenthner officer: Chief Legal Officer 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Timothy M Cook officer: Chief Financial Officer 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Brian Clem officer: President, Clinical Operations 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Griffin Myers director, officer: See Remarks 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Newlight Partners Lp 10 percent owner C/O NEWLIGHT PARTNERS LP, 320 PARK AVENUE, NEW YORK NY 10022
Michael T Pykosz director, officer: See Remarks 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
General Atlantic, L.p. 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic (spv) Gp, Llc 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Cynthia Hiskes officer: Chief Human Resources Officer 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Gap Coinvestments V, Llc 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Kim Keck director 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Tamara Jurgenson officer: Chief Growth Officer 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Newlight Harbour Point Spv Llc 10 percent owner C/O NEWLIGHT PARTNERS LP, 320 PARK AVENUE, NEW YORK NY 10022