Amica Mature Lifestyles (TSX:ACC) Effective Interest Rate on Debt % : 3.56% (As of Aug. 2015)

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What is Amica Mature Lifestyles 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. Amica Mature Lifestyles's annualized positive value of Interest Expense for the quarter that ended in Aug. 2015 was C$17.9 Mil. Amica Mature Lifestyles's average total debt for the quarter that ended in Aug. 2015 was C$502.0 Mil. Therefore, Amica Mature Lifestyles's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2015 was 3.56%.

Amica Mature Lifestyles Effective Interest Rate on Debt % Historical Data

The historical data trend for Amica Mature Lifestyles'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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Amica Mature Lifestyles Effective Interest Rate on Debt % Chart

Amica Mature Lifestyles Annual Data

Trend

May06

May07

May08

May09

May10

May11

May12

May13

May14

May15

Effective Interest Rate on Debt %

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17.19

1,385.71

21.87

5.54

3.73

Amica Mature Lifestyles Quarterly Data
	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.10	5.05	3.67	3.76	3.56

Competitive Comparison of Amica Mature Lifestyles's Effective Interest Rate on Debt %

For the Medical Care Facilities subindustry, Amica Mature Lifestyles'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.

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

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

* The bar in red indicates where Amica Mature Lifestyles's Effective Interest Rate on Debt % falls into.

Amica Mature Lifestyles Effective Interest Rate on Debt % Calculation

Amica Mature Lifestyles's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: May. 2014 )	+	Total Debt (A: May. 2015 ))	/ count )
=	-1 * -18.748	/	( (505.877	+	499.559)	/ 2 )
=	-1 * -18.748	/	502.718
=	3.73 %

where

	Total Debt (A: May. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	254.583	+	251.294
=	505.877

	Total Debt (A: May. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	273.739	+	225.82
=	499.559

Amica Mature Lifestyles's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: May. 2015 )	+	Total Debt (Q: Aug. 2015 ))	/ count )
=	-1 * -17.86	/	( (499.559	+	504.35)	/ 2 )
=	-1 * -17.86	/	501.9545
=	3.56 %

where

	Total Debt (Q: May. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	273.739	+	225.82
=	499.559

	Total Debt (Q: Aug. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	268.827	+	235.523
=	504.35

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 (Aug. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Amica Mature Lifestyles (TSX:ACC) Effective Interest Rate on Debt % Explanation

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

Amica Mature Lifestyles Effective Interest Rate on Debt % Related Terms

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Amica Mature Lifestyles (TSX:ACC) Business Description

Industry

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Address

Website

http://www.amica.ca

Amica Mature Lifestyles Inc was incorporated on November 5, 1996 under the Business Corporations Act (Alberta) and on December 7, 1998, was continued under the Canada Business Corporations Act. The Company is engaged in the design, development, marketing, management and ownership of luxury seniors residences. The Company earns revenues from the ownership and operation of senior residences, management fees based on gross revenue of the seniors residences, design and marketing fees during the development, construction and lease-up of the seniors residences, guarantee fees on the co-tenancy debt that the Company has guaranteed and interest income on loans advanced by the Company to the co-tenancies.