Home Federal Bancorp of louisiana (Home Federal Bancorp of louisiana) Effective Interest Rate on Debt % : 89.18% (As of Dec. 2023)

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What is Home Federal Bancorp of louisiana 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. Home Federal Bancorp of louisiana's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $12.71 Mil. Home Federal Bancorp of louisiana's average total debt for the quarter that ended in Dec. 2023 was $14.25 Mil. Therefore, Home Federal Bancorp of louisiana's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 89.18%.

Home Federal Bancorp of louisiana Effective Interest Rate on Debt % Historical Data

The historical data trend for Home Federal Bancorp of louisiana'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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Home Federal Bancorp of louisiana Effective Interest Rate on Debt % Chart

Home Federal Bancorp of louisiana Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

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65.96

199.57

99.71

42.66

44.88

Home Federal Bancorp of louisiana 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															42.04	48.10	52.03	73.06	89.18

Competitive Comparison of Home Federal Bancorp of louisiana's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Home Federal Bancorp of louisiana'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.

Home Federal Bancorp of louisiana's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

* The bar in red indicates where Home Federal Bancorp of louisiana's Effective Interest Rate on Debt % falls into.

Home Federal Bancorp of louisiana Effective Interest Rate on Debt % Calculation

Home Federal Bancorp of louisiana's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -5.079	/	( (5.532	+	17.1)	/ 2 )
=	-1 * -5.079	/	11.316
=	44.88 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.35	+	3.182
=	5.532

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.55	+	8.55
=	17.1

Home Federal Bancorp of louisiana'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 * -12.708	/	( (13.45	+	15.05)	/ 2 )
=	-1 * -12.708	/	14.25
=	89.18 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.85	+	4.6
=	13.45

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.65	+	5.4
=	15.05

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.

Home Federal Bancorp of louisiana (NAS:HFBL) Effective Interest Rate on Debt % Explanation

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

Home Federal Bancorp of louisiana Effective Interest Rate on Debt % Related Terms

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Home Federal Bancorp of louisiana (Home Federal Bancorp of louisiana) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Home Federal Bancorp Inc of louisiana (NAS:HFBL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

624 Market Street, Shreveport, LA, USA, 71101

Website

https://www.hfb.bank

Home Federal Bancorp Inc of louisiana operates as a bank holding company. It is a federally chartered stock savings bank, which provides financial services to individuals, corporate entities, and other organizations. Its core activities consist of attracting deposits from the general public and using those funds to originate loans to the residential, commercial and multi-family segments. The company also invests securities held-to-maturity and securities available for sale.

Executives

James R Barlow	director, officer: President & COO*	HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
David Barber	officer: SVP Mortgage Lending *	HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Donna C. Lewis	officer: Senior Vice President*	HOME FEDERAL BANCORP, INC. OF LOUISIANA, 624 MARKET STREET, SHREVEPORT LA 71101
Glen W. Brown	officer: SVP & Chief Financial Officer	624 MARKET STREET, SHREVEPORT LA 71101
Colquitt Walter T Iii	director	HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Scott D Lawrence	director	HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Timothy W. Wilhite	director	HOME FEDERAL BANCORP, INC. OF LOUISIANA, 624 MARKET STREET, SHREVEPORT LA 71101
Clyde D Patterson	director, officer: Executive Vice President & CFO	HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Martin S. Friedman	10 percent owner	7901 JONES BRANCH DR. SUITE 210, MCLEAN VA 22102
Woodus K Humphrey	director	HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Mary L Jones	officer: SVP Retail & Deposit Ops.*	HOME FEDERAL BANCORP, INC. OF LOUISIANA, 624 MARKET STREET, SHREVEPORT LA 71101
Mark Malloy Harrison	director	HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
K Matthew Sawrie	officer: SVP Commercial Lending*	HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Daniel R Herndon	director, officer: Chairman and CEO	HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Herndon David A Iii	director	HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101