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Bank of Hawaii (Bank of Hawaii) Effective Interest Rate on Debt %

: 57.72% (As of Dec. 2023)
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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. Bank of Hawaii's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $378.2 Mil. Bank of Hawaii's average total debt for the quarter that ended in Dec. 2023 was $655.3 Mil. Therefore, Bank of Hawaii's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 57.72%.


Bank of Hawaii Effective Interest Rate on Debt % Historical Data

The historical data trend for Bank of Hawaii'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.

* Premium members only.

Bank of Hawaii Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.42 27.71 20.91 18.20 53.76

Bank of Hawaii Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.49 28.98 21.60 28.96 57.72

Competitive Comparison

For the Banks - Regional subindustry, Bank of Hawaii'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.


Bank of Hawaii Effective Interest Rate on Debt % Distribution

For the Banks industry and Financial Services sector, Bank of Hawaii's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Bank of Hawaii's Effective Interest Rate on Debt % falls into.



Bank of Hawaii Effective Interest Rate on Debt % Calculation

Bank of Hawaii'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  *  -313.35/( (510.82+654.883)/ 2 )
=-1  *  -313.35/582.8515
=53.76 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=510.82 + 0
=510.82

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=654.883 + 0
=654.883

Bank of Hawaii's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -378.248/( (655.67+654.883)/ 2 )
=-1  *  -378.248/655.2765
=57.72 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=655.67 + 0
=655.67

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=654.883 + 0
=654.883

* 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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Bank of Hawaii  (NYSE:BOH) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Bank of Hawaii Effective Interest Rate on Debt % Related Terms

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Bank of Hawaii (Bank of Hawaii) Business Description

Industry
Traded in Other Exchanges
Address
130 Merchant Street, Honolulu, HI, USA, 96813
Bank of Hawaii Corp provides a broad range of financial products and services primarily to customers in Hawaii, Guam, and other Pacific Islands. The Bank's subsidiaries are engaged in equipment leasing, securities brokerage, investment advisory services, and providing credit insurance. It is organized into three business segments for management reporting purposes: Consumer Banking, Commercial Banking, and Treasury and Other.
Executives
Patrick M Mcguirk officer: Vice Chair and CAO 5151 CORPORATE DRIVE, TROY MI 48098
Wo Robert W Jr director 130 MERCHANT ST 22ND FLR, HONOLULU HI 96813
Suzanne P Vares-lum director 130 MERCHANT STREET, HONOLULU HI 96813
Kent Thomas Lucien director 130 MERCHANT STREET, HONOLULU HI 96813
Victor K Nichols director 130 MERCHANT STREET, HONOLULU HI 96813
Alicia E Moy director 130 MERCHANT STREET, HONOLULU HI 96813
Peter S Ho officer: VICE CHAIRMAN 130 MERCHANT STREET, HONOLULU HI 96813
Matthew Emerson officer: Vice Chair 130 MERCHANT STREET, HONOLULU HI 96813
Jeanne Dressel officer: Principal Accounting Officer 130 MERCHANT STREET, HONOLULU HI 96813
Sharon M Crofts officer: VICE CHAIRMAN 130 MERCHANT STREET, HONOLULU HI 96813
Elliot K Mills director 130 MERCHANT STREET, HONOLULU HI 96813
Mary E Sellers officer: Vice Chair &, Chief Risk Officer 130 MERCHANT STREET, 22ND FLR, HONOLULU HI 96813
Dean Y Shigemura officer: Sr EVP & Controller 130 MERCHANT STREET, HONOLULU HI 96813
Barbara J Tanabe director 130 MERCHANT ST 22ND FLR, HONOLULU HI 96813
John C Erickson director 1515 WEST 190TH STREET, SUITE 275, GARDENA CA 90248