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

Clifton Bancorp (Clifton Bancorp) Effective Interest Rate on Debt % : 4.76% (As of Dec. 2017)


View and export this data going back to 2004. Start your Free Trial

What is Clifton Bancorp 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. Clifton Bancorp's annualized positive value of Interest Expense for the quarter that ended in Dec. 2017 was $18.48 Mil. Clifton Bancorp's average total debt for the quarter that ended in Dec. 2017 was $388.55 Mil. Therefore, Clifton Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2017 was 4.76%.


Clifton Bancorp Effective Interest Rate on Debt % Historical Data

The historical data trend for Clifton 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.

* Premium members only.

Clifton Bancorp Effective Interest Rate on Debt % Chart

Clifton Bancorp Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.05 10.11 7.23 5.37 4.66

Clifton Bancorp Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 5.15 4.92 4.79 4.84 4.76

Competitive Comparison of Clifton Bancorp's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Clifton 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.


Clifton Bancorp's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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



Clifton Bancorp Effective Interest Rate on Debt % Calculation

Clifton Bancorp's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2016 )+Total Debt  (A: Mar. 2017 ))/ count )
=-1  *  -11.813/( (231.5+275.8)/ 2 )
=-1  *  -11.813/253.65
=4.66 %

where

Clifton Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2017 )+Total Debt  (Q: Dec. 2017 ))/ count )
=-1  *  -18.476/( (340.7+436.4)/ 2 )
=-1  *  -18.476/388.55
=4.76 %

where

* 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. 2017) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Clifton Bancorp  (NAS:CSBK) Effective Interest Rate on Debt % Explanation

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


Clifton Bancorp Effective Interest Rate on Debt % Related Terms

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


Clifton Bancorp (Clifton Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Clifton Bancorp Inc is a savings and loan holding company. It operates as a community-oriented financial institution offering traditional financial services to consumers and businesses in its market area.
Executives
Michael Lesler officer: EVP & Chief Operating Officer 1433 VAN HOUTEN AVENUE, CLIFTON NJ 07015
Charles J Pivirotto director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Paul M Aguggia director, officer: Chairman, President & CEO 1433 VAN HOUTEN AVENUE, CLIFTON NJ 07013
Cynthia Sisco director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004