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HomeTrust Bancshares (HomeTrust Bancshares) Effective Interest Rate on Debt %

: 28.05% (As of Dec. 2023)
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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. HomeTrust Bancshares's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $83.6 Mil. HomeTrust Bancshares's average total debt for the quarter that ended in Dec. 2023 was $298.0 Mil. Therefore, HomeTrust Bancshares's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 28.05%.


HomeTrust Bancshares Effective Interest Rate on Debt % Historical Data

The historical data trend for HomeTrust Bancshares'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.

HomeTrust Bancshares Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.41 4.61 5.57 5.22 4.64

HomeTrust Bancshares 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 % 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 Premium Member Only Premium Member Only Premium Member Only 11.87 16.01 22.55 23.44 28.05

Competitive Comparison

For the Banks - Regional subindustry, HomeTrust Bancshares'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.


HomeTrust Bancshares Effective Interest Rate on Debt % Distribution

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

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



HomeTrust Bancshares Effective Interest Rate on Debt % Calculation

HomeTrust Bancshares's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2021 )+Total Debt  (A: Jun. 2022 ))/ count )
=-1  *  -5.34/( (115+0)/ 1 )
=-1  *  -5.34/115
=4.64 %

where

HomeTrust Bancshares'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  *  -83.584/( (462.258+133.784)/ 2 )
=-1  *  -83.584/298.021
=28.05 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=462.258 + 0
=462.258

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.021 + 123.763
=133.784

* 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.


HomeTrust Bancshares  (NAS:HTBI) Effective Interest Rate on Debt % Explanation

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


HomeTrust Bancshares Effective Interest Rate on Debt % Related Terms

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HomeTrust Bancshares (HomeTrust Bancshares) Business Description

Industry
Traded in Other Exchanges
N/A
Address
10 Woodfin Street, Asheville, NC, USA, 28801
HomeTrust Bancshares Inc operates as a bank holding company, which offers deposit accounts for individuals, businesses, and nonprofit organizations for HomeTrust Bank. It involves attracting deposits, including savings money market, demand accounts, and certificates of deposit from the general public. The company's loan portfolio comprises retail consumer loans, such as one-to-four-family residential property lending, home equity lines of credit, construction and land/lots, indirect auto finance, and consumer lending; and commercial loans, including commercial real estate lending, construction, and development lending, and commercial and industrial loans.
Executives
Richard Tyrone Williams other: Advisory Director HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Jesse Cureton other: Advisory Director C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Dwight L. Jacobs other: Advisory Director 550 S. TRYON STREET - DEC45A, CHARLOTTE NC 28117
Bonnie V Hancock other: Advisory Director P O BOX 12818, HOUSTON TX 77075
Lora Jex officer: EVP and Chief Risk Officer C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Narasimhulu Neelagaru director C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Robert E. James other: Advisory Director HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Laura C Kendall other: Advisory Director C/O CHARLES & COLVARD, 3800 GATEWAY BLVD #310, MORRISVILLE NC 27560
John Switzer other: Advisory Director BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Sprink John Francis Ii officer: EVP C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Marty T. Caywood officer: EVP, Chief Information Officer HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Sidney A. Biesecker director C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Hunter Westbrook officer: SVP, Chief Banking Officer C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Craig C. Koontz director C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Tony J. Vuncannon officer: SVP, Chief Financial Officer C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801