.Analysis of Debt
Difficulty: Advanced
Total Debt (Carrying Amount)
Automatic Data Processing Inc., Statement of Financial Position, Debt
USD $ in thousands
| Jun 30, 2017 | Jun 30, 2016 | Jun 30, 2015 | Jun 30, 2014 | Jun 30, 2013 | Jun 30, 2012 | ||
|---|---|---|---|---|---|---|---|
| | Obligations under reverse repurchase agreements | ||||||
| | Obligations under commercial paper borrowings | ||||||
| | Long-term debt | ||||||
| | Total debt (carrying amount) |
Source: Based on data from Automatic Data Processing Inc., Annual Reports
| Item | Description | The company |
|---|---|---|
| Total debt (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Automatic Data Processing Inc.'s total debt increased from 2015 to 2016 but then slightly declined from 2016 to 2017. |
Total Debt (Fair Value)
| Jun 30, 2017 | |
|---|---|
| Selected Financial Data (USD $ in thousands) | |
| Obligations under reverse repurchase agreements | |
| Obligations under commercial paper borrowings | |
| Notes | |
| Total debt (fair value) | |
| Ratio | |
| Debt, fair value to carrying amount | |
Source: Based on data from Automatic Data Processing Inc., Annual Reports
Weighted-average Interest Rate on Debt
Weighted average effective interest rate on debt: %
| Interest Rate | Debt Amount1 | Interest Rate × Debt Amount | Weighted-average Interest Rate2 | |
|---|---|---|---|---|
| % | ||||
| % | ||||
| Total | % |
Source: Based on data from Automatic Data Processing Inc., Annual Reports
1 USD $ in thousands
2 Weighted-average interest rate = 100 × ÷ = %
