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Capitol Federal Financial (Capitol Federal Financial) Effective Interest Rate on Debt % : 7.94% (As of Dec. 2023)


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What is Capitol Federal 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. Capitol Federal Financial's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $208.40 Mil. Capitol Federal Financial's average total debt for the quarter that ended in Dec. 2023 was $2,626.09 Mil. Therefore, Capitol Federal Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.94%.


Capitol Federal Financial Effective Interest Rate on Debt % Historical Data

The historical data trend for Capitol Federal 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.

Capitol Federal Financial Effective Interest Rate on Debt % Chart

Capitol Federal Financial Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.46 5.74 4.93 4.68 8.24

Capitol Federal Financial 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 7.62 7.13 7.87 7.85 7.94

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

For the Banks - Regional subindustry, Capitol Federal 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.


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

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

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



Capitol Federal Financial Effective Interest Rate on Debt % Calculation

Capitol Federal Financial's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -206.517/( (2132.154+2879.125)/ 2 )
=-1  *  -206.517/2505.6395
=8.24 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2132.154 + 0
=2132.154

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2879.125 + 0
=2879.125

Capitol Federal 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  *  -208.396/( (2879.125+2373.064)/ 2 )
=-1  *  -208.396/2626.0945
=7.94 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2879.125 + 0
=2879.125

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2373.064 + 0
=2373.064

* 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.


Capitol Federal Financial  (NAS:CFFN) Effective Interest Rate on Debt % Explanation

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


Capitol Federal Financial Effective Interest Rate on Debt % Related Terms

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Capitol Federal Financial (Capitol Federal Financial) Business Description

Traded in Other Exchanges
Address
700 South Kansas Avenue, Topeka, KS, USA, 66603
Capitol Federal Financial Inc is a bank holding company that operates through its wholly-owned subsidiary bank, Capitol Federal Savings Bank. The bank is a community-oriented financial institution that offers a variety of financial services through tens of locations. It primarily serves metropolitan areas within the state of Kansas. The bank performs traditional banking functions such as deposit-taking activities and investing that money in first-lien residential mortgages. It also participates in commercial real estate loans with other lenders, investing those funds in various securities. The vast majority of the bank's loan portfolio is in originated one- to four-family real estate loans. Its primary source of income is net interest income.
Executives
Anthony S. Barry officer: EVP, Corporate Services C/O CAPITOL FEDERAL FINANCIAL, INC., 700 S. KANSAS AVENUE, TOPEKA KS 66603
Jeffrey M Johnson director C/O CAPITOL FEDERAL FINANCIAL INC, 700 KANSAS AVENUE, TOPEKA KS 66603
Carlton A. Ricketts officer: Executive Vice President C/O CAPITOL FEDERAL FINANCIAL, 700 KANSAS AVENUE, TOPEKA KS 66601
Rick C Jackson officer: Executive Vice President CAPITOL FEDERAL FINANCIAL, 700 SOUTH KANSAS AVENUE, TOPEKA KS 66603
James G. Morris director C/O CAPITOL FEDERAL FINANCIAL, INC., 700 S. KANSAS AVENUE, TOPEKA KS 66603
Natalie G. Haag officer: Executive Vice President C/O CAPITOL FEDERAL FINANCIAL, 700 KANSAS AVENUE, TOPEKA KS 66603
Jeffrey R Thompson director C/O CAPITOL FEDERAL FINANCIAL, 700 S. KANSAS AVENUE, TOPEKA KS 66603
Skrobacz William Joseph Jr officer: Executive Vice President 700 S KANSAS AVE, TOPEKA KS 66603
Robert D. Kobbeman officer: EVP, Chief Commercial Banking C/O CAPITOL FEDERAL FINANCIAL, INC., 700 S. KANSAS AVENUE, TOPEKA KS 66603
Huey Morris J Ii director, officer: Executive Vice President C/O CAPITOL FEDERAL FINANCIAL, 700 KANSAS AVENUE, TOPEKA KS 66603
Michel Philipp Cole director C/O CAPITOL FEDERAL FINANCIAL, INC., 700 S. KANSAS AVENUE, TOPEKA KS 66603
John B Dicus director, officer: Chairman and President C/O CAPITOL FEDERAL FINANCIAL, 700 SOUTH KANSAS AVENUE, TOPEKA KS 66603
Daniel L. Lehman officer: Executive Vice President C/O CAPITOL FEDERAL FINANCIAL, INC., 700 S. KANSAS AVENUE, TOPEKA KS 66603
Kent G Townsend officer: Executive Vice President C/O CAPITOL FEDERAL FINANCIAL, 700 S. KANSAS AVENUE, TOPEKA KS 66603
Marilyn S Ward director C/O CAPITOL FEDERAL FINANCIAL, 700 KANSAS AVENUE, TOPEKA KS 66603

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