Debt Burden Ratio

The cost of servicing debt; the proportion of total expenses represented by debt service. The goal is to keep the Debt Burden Ratio less than 0.07.

 

Kent State Debt Service, Total Expenditures and Debt Burden Ratio
  2012 2013 2014 2015 2016
Debt Services ($000) $22,238 $31,419 $34,865 $38,588 $39,763
Total Expenditures ($000) $611,050 $660,594 $662,007 $676,114 $701,311
Debt Burden Ratio 0.036 0.048 0.053 0.057 0.057
Peer Debt Burden Ratio
Source: Financial Statements
UnitID Institution Name FY2012 FY2013 FY2014 FY2015 FY2016
172699 Western Michigan University 0.052 0.049 0.102 0.298 0.065
204857 Ohio University-Main Campus 0.413 0.402 0.039 0.052 0.059
203517 Kent State University at Kent 0.036 0.048 0.053 0.057 0.057
230728 Utah State University 0.021 0.041 0.038 0.022 0.046
225511 University of Houston 0.232 0.073 0.153 0.112 0.155
227216 University of North Texas 0.055 0.037 0.051 0.086 0.267
139940 Georgia State University 0.046 0.067 0.046 0.043 0.032