C&F Financial (C&F Financial) Effective Interest Rate on Debt %

: 26.40% (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

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. C&F Financial's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $33.9 Mil. C&F Financial's average total debt for the quarter that ended in Dec. 2023 was $128.3 Mil. Therefore, C&F Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 26.40%.

C&F Financial Effective Interest Rate on Debt % Historical Data

The historical data trend for C&F 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.

* Premium members only.

C&F Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

9.07

11.28

10.03

8.64

26.22

C&F Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															11.86	13.58	17.91	26.40	34.87

Competitive Comparison

For the Banks - Regional subindustry, C&F 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.

C&F Financial Effective Interest Rate on Debt % Distribution

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

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

C&F Financial Effective Interest Rate on Debt % Calculation

C&F Financial'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 * -26.43	/	( (92.084	+	109.539)	/ 2 )
=	-1 * -26.43	/	100.8115
=	26.22 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	55.492	+	36.592
=	92.084

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	51.316	+	58.223
=	109.539

C&F Financial'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 * -33.864	/	( (147.048	+	109.539)	/ 2 )
=	-1 * -33.864	/	128.2935
=	26.40 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	51.388	+	95.66
=	147.048

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	51.316	+	58.223
=	109.539

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.

C&F Financial (NAS:CFFI) Effective Interest Rate on Debt % Explanation

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

C&F Financial Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of C&F Financial's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

C&F Financial (C&F Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » C&F Financial Corp (NAS:CFFI) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3600 La Grange Parkway, Toano, VA, USA, 23168

Website

https://www.cffc.com

C&F Financial Corp is an American bank holding company. The company through its subsidiaries offers banking and related financial services to both individuals and businesses. It operates in three business activities: Community Banking, Mortgage Banking, and Consumer Finance. It mainly provides a range of lending activities, which include residential mortgage loans, commercial real estate loans, non-prime automobile lending, land acquisition, and development loans, and consumer loans. The company generates maximum revenue from the Community Banking segment.

Executives

Seaman John A Iii	other: Chief Credit Officer	802 MAIN STREET, WEST POINT VA 23181
Thomas F Cherry	officer: Senior Vice President & CFO
S Dustin Crone	other: President of Major Subsidiary	802 MAIN STREET, WEST POINT VA 23181
Audrey Dale Holmes	director	5120 ADKINS ROAD, PROVIDENCE FORGE VA 23140
Larry G Dillon	director, officer: Chairman, President & CEO
Hudson James H Iii	director
Jeffery O Smith	director	3600 LA GRANGE PKWY, TOANO VA 23168
D Anthony Peay	director	3600 LA GRANGE PKWY, TOANO VA 23168
Jason E Long	officer: Chief Financial Officer	4136 LONGVIEW LANDING, WILLIAMSBURG VA 23188
Sisson George R Iii	director	3600 LAGRANGE PARKWAY, TOANO VA 23168
Bryan Edwin Mckernon	other: President of major subsidiary	1400 ALVERSER DRIVE, MIDLOTHIAN VA 23113
Causey J P Jr	director	1021 EAST CARY STREET, PO BOX 2350, RICHMOND VA 23218-2350
Barry R Chernack	director
Julie R Agnew	director	100 PIERCES COURT, WILLIAMSBURG VA 23185
Elizabeth R Kelley	director	324 5TH STREET, WEST POINT VA 23181