 |
|
What is the SEC average debt for the other universities?
Posted on: June 9, 2023 at 19:50:04 CT
JeffB MU
Posts:
72394
Member For:
21.45 yrs
Level:
User
M.O.B. Votes:
0
$145,921,663.00 MU debt
divided by
$15,535,900.00 net income
9.39 years to pay off the debt *if there was no interest*, which of course, there is... assuming they had the same net income and applied all of it to the debt.
Of course, the AD isn't running a completely separate department, so paying back the University may not be quite as high of a priority and the University may not be factoring interest or opportunity costs into the equation.
Edited by JeffB at 20:09:50 on 06/09/23
divided by
$15,535,900.00 net income
9.39 years to pay off the debt *if there was no interest*, which of course, there is... assuming they had the same net income and applied all of it to the debt.
Of course, the AD isn't running a completely separate department, so paying back the University may not be quite as high of a priority and the University may not be factoring interest or opportunity costs into the equation.
Edited by JeffB at 20:09:50 on 06/09/23
Please explain why this message is being reported.
MESSAGE THREAD
What is the SEC average debt for the other universities? - JeffB MU - 6/9 19:50:04