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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. Alphatec Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $21.4 Mil. Alphatec Holdings's average total debt for the quarter that ended in Mar. 2024 was $541.2 Mil. Therefore, Alphatec Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.95%.
The historical data trend for Alphatec Holdings'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.
Alphatec Holdings Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Effective Interest Rate on Debt % | Get a 7-Day Free Trial | 19.39 | 24.93 | 3.57 | 1.47 | 3.55 |
Alphatec Holdings Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | 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 | 3.59 | 3.26 | 3.48 | 3.27 | 3.95 |
For the Medical Devices subindustry, Alphatec Holdings'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.
For the Medical Devices & Instruments industry and Healthcare sector, Alphatec Holdings's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Alphatec Holdings's Effective Interest Rate on Debt % falls into.
Alphatec Holdings'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 * -16.641 | / | ( (395.863 | + | 541.679) | / 2 ) |
= | -1 * -16.641 | / | 468.771 | |||
= | 3.55 % |
where
Total Debt (A: Dec. 2022 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 376.073 | + | 19.79 |
= | 395.863 |
Total Debt (A: Dec. 2023 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 534.712 | + | 6.967 |
= | 541.679 |
Alphatec Holdings'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 * -21.364 | / | ( (541.679 | + | 540.745) | / 2 ) |
= | -1 * -21.364 | / | 541.212 | |||
= | 3.95 % |
where
Total Debt (Q: Dec. 2023 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 534.712 | + | 6.967 |
= | 541.679 |
Total Debt (Q: Mar. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 532.958 | + | 7.787 |
= | 540.745 |
* 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.
Alphatec Holdings (NAS:ATEC) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Thank you for viewing the detailed overview of Alphatec Holdings's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
David Sponsel | officer: EVP, Sales | C/O ALPHATEC SPINE, INC., 5818 EL CAMINO REAL, CARLSBAD CA 92008 |
David M Demski | director | C/O GLOBUS MEDICAL, INC., 2560 GENERAL ARMISTEAD AVENUE, AUDUBON PA 19403 |
Patrick Miles | director, officer: Executive Chairman | 7475 LUSK BLVD., SAN DIEGO CA 92121 |
Tullis James L L | director, 10 percent owner | 100 FIRST STAMFORD PLACE, STAMFORD CT 06907 |
David H Mowry | director | 9775 TOLEDO, IRVINE CA 92618 |
Evan Bakst | director | 225 CENTRAL PARK WEST, APT. 1605, NEW YORK NY 10024 |
Jennifer N. Pritzker | 10 percent owner | C/O SQUADRON CAPITAL LLC, 104 S. MICHIGAN AVENUE, SUITE 500, CHICAGO IL 60603 |
Tyson Eliot Marshall | officer: GENERAL COUNSEL & CORP. SEC. | 10680 TREENA STREET, SUITE 500, SAN DIEGO CA 92131 |
Craig E Hunsaker | officer: See Remarks | C/O ALPHATEC HOLDINGS, INC., 5818 EL CAMINO REAL, CARLSBAD CA 92008 |
Elizabeth Ann Altman | director | 10070 BARNES CANYON ROAD, SAN DIEGO CA 92121 |
Paul Segal | 10 percent owner | 1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019 |
L-5 Healthcare Partners, Llc | 10 percent owner, other: Director by deputization | 1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019 |
John Todd Koning | officer: Chief Financial Officer | C/O MASIMO CORPORATION, 52 DISCOVERY, IRVINE CA 92618 |
David R Pelizzon | director, 10 percent owner | 2850 FRONTIER DR, WARSAW IN 46582 |
Scott Lish | officer: SVP, Development | C/O ALPHATEC SPINE, INC., 5818 EL CAMINO REAL, CARLSBAD CA 92008 |
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