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. Bankrate's annualized positive value of Interest Expense for the quarter that ended in Jun. 2017 was $21.7 Mil. Bankrate's average total debt for the quarter that ended in Jun. 2017 was $296.7 Mil. Therefore, Bankrate's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2017 was 7.30%.
Bankrate Effective Interest Rate on Debt % Historical Data
The historical data trend for Bankrate'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.
For the Internet Content & Information subindustry, Bankrate'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.
Bankrate Effective Interest Rate on Debt % Distribution
For the Interactive Media industry and Communication Services sector, Bankrate's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Bankrate's Effective Interest Rate on Debt % falls into.
Bankrate Effective Interest Rate on Debt % Calculation
Bankrate's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2016 is calculated as
* 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 (Jun. 2017) interest expense data.
Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Bankrate (NYSE:RATE) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Bankrate Effective Interest Rate on Debt % Related Terms
Thank you for viewing the detailed overview of Bankrate's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Bankrate Inc was founded in 1976 and Bankrate, Inc. was incorporated in the State of Delaware in 2011. The Company owns and operates an Internet-based consumer banking, personal finance and senior care online network. Its flagship websites include CreditCards.com, Bankrate.com, and Caring.com which provides information on more than 300 financial and senior care products and services, including credit cards, mortgages, deposits, and other personal finance categories. Additionally, it provide financial applications and information to a network of distribution partners and through national and state publications. It has three reportable segments including Credit cards, Banking, Senior Care and other.
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