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Interest Rate on Debt

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Interest rate on debt
The firm's cost of debt capital.

Interest Rate on Debt
The cost of capital on a loan or other debt obligation. See also: Interest.


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The interest rate on debt consolidation loans may be higher than those on home equity loans but they are still significantly lower than ANY credit card APR out there.
The fall in interest expenses can be attributed to both a lower debt level and a lower average interest rate on debt (see Chart 11).
In addition, fixed-charge coverage declined during the year, primarily due to increased average interest rate on debt, but it remains acceptable for the rating category at 2.
 
 
 
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