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Hamilton Bancorp (Hamilton Bancorp) Effective Interest Rate on Debt % : 10.32% (As of Dec. 2018)


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What is Hamilton 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. Hamilton Bancorp's annualized positive value of Interest Expense for the quarter that ended in Dec. 2018 was $5.40 Mil. Hamilton Bancorp's average total debt for the quarter that ended in Dec. 2018 was $52.30 Mil. Therefore, Hamilton Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2018 was 10.32%.


Hamilton Bancorp Effective Interest Rate on Debt % Historical Data

The historical data trend for Hamilton 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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Hamilton Bancorp Effective Interest Rate on Debt % Chart

Hamilton Bancorp Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Effective Interest Rate on Debt %
Get a 7-Day Free Trial - 27.70 17.72 11.27 7.41

Hamilton Bancorp Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 6.39 6.74 7.54 8.43 10.32

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

For the Banks - Regional subindustry, Hamilton 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.


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

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

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



Hamilton Bancorp Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2017 )+Total Debt  (A: Mar. 2018 ))/ count )
=-1  *  -3.587/( (36.125+60.672)/ 2 )
=-1  *  -3.587/48.3985
=7.41 %

where

Total Debt  (A: Mar. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=36.125 + 0
=36.125

Total Debt  (A: Mar. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=60.672 + 0
=60.672

Hamilton Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2018 )+Total Debt  (Q: Dec. 2018 ))/ count )
=-1  *  -5.396/( (53.552+51.05)/ 2 )
=-1  *  -5.396/52.301
=10.32 %

where

Total Debt  (Q: Sep. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=53.552 + 0
=53.552

* 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. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Hamilton Bancorp  (NAS:HBK) Effective Interest Rate on Debt % Explanation

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


Hamilton Bancorp Effective Interest Rate on Debt % Related Terms

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Hamilton Bancorp (Hamilton Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
501 Fairmount Avenue, Suite 200, Towson, MD, USA, 21286
Hamilton Bancorp Inc is part of the financial services sector. As a bank holding company for Hamilton Bank its core activity is accepting deposits from the general public and investing those deposits, together with funds generated from operations, in one- to four-family residential mortgage loans, commercial real estate loans, commercial business loans, home equity loans and lines of credit, construction loans and consumer loans. Most of its revenue is generated from the interest received on commercial real estate loans.
Executives
Robert A Dealmeida director, officer: President and CEO C/O HAMILTON BANCORP, INC., 501 FAIRMOUNT AVENUE, SUITE 200, TOWSON MD 21286