United Financial Bancorp (United Financial Bancorp) Effective Interest Rate on Debt %

: 12.64% (As of Jun. 2019)

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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. United Financial Bancorp's annualized positive value of Interest Expense for the quarter that ended in Jun. 2019 was $105.6 Mil. United Financial Bancorp's average total debt for the quarter that ended in Jun. 2019 was $835.1 Mil. Therefore, United Financial Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2019 was 12.64%.

United Financial Bancorp Effective Interest Rate on Debt % Historical Data

The historical data trend for United Financial Bancorp'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.

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United Financial Bancorp Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Effective Interest Rate on Debt %

3.54

3.39

3.62

4.46

7.90

United Financial Bancorp Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Effective Interest Rate on Debt %																9.13	10.63	11.82	12.64	13.97

Competitive Comparison

For the Banks - Regional subindustry, United Financial Bancorp'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.

United Financial Bancorp Effective Interest Rate on Debt % Distribution

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

* The bar in red indicates where United Financial Bancorp's Effective Interest Rate on Debt % falls into.

United Financial Bancorp Effective Interest Rate on Debt % Calculation

United Financial Bancorp's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2017 )	+	Total Debt (A: Dec. 2018 ))	/ count )
=	-1 * -81.523	/	( (1165.054	+	899.626)	/ 2 )
=	-1 * -81.523	/	1032.34
=	7.90 %

where

	Total Debt (A: Dec. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1165.054	+	0
=	1165.054

	Total Debt (A: Dec. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	899.626	+	0
=	899.626

United Financial Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2019 )	+	Total Debt (Q: Jun. 2019 ))	/ count )
=	-1 * -105.58	/	( (878.226	+	792.001)	/ 2 )
=	-1 * -105.58	/	835.1135
=	12.64 %

where

	Total Debt (Q: Mar. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	878.226	+	0
=	878.226

	Total Debt (Q: Jun. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	792.001	+	0
=	792.001

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. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

United Financial Bancorp (NAS:RCKB) Effective Interest Rate on Debt % Explanation

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

United Financial Bancorp Effective Interest Rate on Debt % Related Terms

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United Financial Bancorp (United Financial Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Financial Bancorp Inc (NAS:RCKB) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

225 Asylum Street, Hartford, CT, USA, 06033

Website

https://www.bankatunited.com

United Financial Bancorp Inc, through its subsidiaries, provides traditional banking products and services to business organizations and individuals offering products such as residential and commercial real estate loans, and commercial business loans.