RYHTY (Ryman Healthcare) Effective Interest Rate on Debt % : 4.16% (As of Sep. 2024)

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What is Ryman Healthcare 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. Ryman Healthcare's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $66.2 Mil. Ryman Healthcare's average total debt for the quarter that ended in Sep. 2024 was $1,591.2 Mil. Therefore, Ryman Healthcare's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 4.16%.

Ryman Healthcare Effective Interest Rate on Debt % Historical Data

The historical data trend for Ryman Healthcare'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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Ryman Healthcare Effective Interest Rate on Debt % Chart

Ryman Healthcare Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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1.17

1.01

1.23

7.88

2.03

Ryman Healthcare Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.28	14.17	1.75	2.29	4.16

Competitive Comparison of Ryman Healthcare's Effective Interest Rate on Debt %

For the Medical Care Facilities subindustry, Ryman Healthcare'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.

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

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

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

Ryman Healthcare Effective Interest Rate on Debt % Calculation

Ryman Healthcare's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2023 )	+	Total Debt (A: Mar. 2024 ))	/ count )
=	-1 * -30.652	/	( (1455.454	+	1562.691)	/ 2 )
=	-1 * -30.652	/	1509.0725
=	2.03 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1382.458	+	72.996
=	1455.454

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1562.691	+	0
=	1562.691

Ryman Healthcare's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -66.216	/	( (1562.691	+	1619.805)	/ 2 )
=	-1 * -66.216	/	1591.248
=	4.16 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1562.691	+	0
=	1562.691

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1619.805	+	0
=	1619.805

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 two times the semi-annual (Sep. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Ryman Healthcare (OTCPK:RYHTY) Effective Interest Rate on Debt % Explanation

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

Ryman Healthcare Effective Interest Rate on Debt % Related Terms

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Ryman Healthcare Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ryman Healthcare Ltd (OTCPK:RYHTY) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

RHCGF:USA RYM:New Zealand RH7:Germany RH7:Germany

Address

92 Russley Road, P.O. Box 771, Airport Business Park, Christchurch, STL, NZL, 8042

Website

https://www.rymanhealthcare.co.nz

Ryman Healthcare Ltd develops, owns, and operates retirement villages and aged-care facilities in New Zealand and Australia. Its villages offer a combination of independent and serviced units, alongside hospital, dementia, and rest-home care. Income is predominantly earned from aged care fees, retirement unit management fees, development margins on new units, and capital gains generated when residents vacate and Ryman resells existing units.