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Ambow Education Holding (Ambow Education Holding) Effective Interest Rate on Debt % : 0.74% (As of Jun. 2023)


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What is Ambow Education Holding 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. Ambow Education Holding's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $0.10 Mil. Ambow Education Holding's average total debt for the quarter that ended in Jun. 2023 was $13.97 Mil. Therefore, Ambow Education Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 0.74%.


Ambow Education Holding Effective Interest Rate on Debt % Historical Data

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

Ambow Education Holding 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 - 3.14 3.36 3.84 0.51

Ambow Education Holding Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 0.40 - 0.74 -

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

For the Education & Training Services subindustry, Ambow Education Holding'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.


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

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

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



Ambow Education Holding Effective Interest Rate on Debt % Calculation

Ambow Education Holding'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  *  -0.057/( (11.698+10.774)/ 2 )
=-1  *  -0.057/11.236
=0.51 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.744 + 5.954
=11.698

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.349 + 6.425
=10.774

Ambow Education Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -0.104/( (11.698+16.24)/ 2 )
=-1  *  -0.104/13.969
=0.74 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.744 + 5.954
=11.698

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.9 + 11.34
=16.24

* 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 (Jun. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Ambow Education Holding  (AMEX:AMBO) Effective Interest Rate on Debt % Explanation

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


Ambow Education Holding Effective Interest Rate on Debt % Related Terms

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Ambow Education Holding (Ambow Education Holding) Business Description

Traded in Other Exchanges
N/A
Address
19925 Stevens Creek Boulevard, Cupertino, CA, USA, 95014
Ambow Education Holding Ltd is a provider of educational and career enhancement services in China. It operates through CP&CE Programs. The CP&CE Programs include tutoring services and career enhancement services. Geographically all the operations function in United States and Foreign countries.