HFB Financial (HFB Financial) Effective Interest Rate on Debt % : 19.08% (As of Sep. 2003)

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What is HFB Financial Effective Interest Rate on Debt %?

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. HFB Financial's annualized positive value of Interest Expense for the quarter that ended in Sep. 2003 was $5.57 Mil. HFB Financial's average total debt for the quarter that ended in Sep. 2003 was $29.21 Mil. Therefore, HFB Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2003 was 19.08%.

HFB Financial Effective Interest Rate on Debt % Historical Data

The historical data trend for HFB Financial'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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HFB Financial Effective Interest Rate on Debt % Chart

HFB Financial Annual Data

Trend

Jun96

Jun97

Jun98

Jun99

Jun00

Jun01

Jun02

Effective Interest Rate on Debt %

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68.08

52.45

52.29

69.83

48.48

HFB Financial Quarterly Data
	Jun96	Jun97	Jun98	Jun99	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															29.22	23.62	21.95	20.31	19.08

Competitive Comparison of HFB Financial's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, HFB Financial'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.

HFB Financial's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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

HFB Financial Effective Interest Rate on Debt % Calculation

HFB Financial's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2002 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2001 )	+	Total Debt (A: Jun. 2002 ))	/ count )
=	-1 * -8.276	/	( (13.415	+	20.726)	/ 2 )
=	-1 * -8.276	/	17.0705
=	48.48 %

where

	Total Debt (A: Jun. 2001 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13.415	+	0
=	13.415

	Total Debt (A: Jun. 2002 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20.726	+	0
=	20.726

HFB Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2003 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2003 )	+	Total Debt (Q: Sep. 2003 ))	/ count )
=	-1 * -5.572	/	( (29.492	+	28.927)	/ 2 )
=	-1 * -5.572	/	29.2095
=	19.08 %

where

	Total Debt (Q: Jun. 2003 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	29.467	+	0.025
=	29.492

	Total Debt (Q: Sep. 2003 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	28.927	+	0
=	28.927

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 (Sep. 2003) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

HFB Financial (OTCPK:HFBA) Effective Interest Rate on Debt % Explanation

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

HFB Financial Effective Interest Rate on Debt % Related Terms

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HFB Financial (HFB Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » HFB Financial Corp (OTCPK:HFBA) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

1602 Cumberland Avenue, Middlesboro, KY, USA, 40965-1225

Website

https://www.hearthsidebank.com

HFB Financial Corp is a United States based company engaged in providing banking and financial services. The company offers checking accounts, saving accounts, money market accounts, certificates of deposit, health savings accounts, individual retirement accounts, overdrafts, and card facilities Further, it also offers loans, online banking, investment, and insurance-related services.

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