Randolph Bancorp (NAS:RNDB) Effective Interest Rate on Debt %

: 4.53% (As of Jun. 2022)

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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. Randolph Bancorp's annualized positive value of Interest Expense for the quarter that ended in Jun. 2022 was $1.76 Mil. Randolph Bancorp's average total debt for the quarter that ended in Jun. 2022 was $38.97 Mil. Therefore, Randolph Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 was 4.53%.

Randolph Bancorp Effective Interest Rate on Debt % Historical Data

The historical data trend for Randolph 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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Randolph Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Effective Interest Rate on Debt %

3.68

5.56

11.09

8.88

3.85

Randolph Bancorp Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Effective Interest Rate on Debt %																3.95	3.38	3.28	3.89	4.53

Competitive Comparison

For the Banks - Regional subindustry, Randolph 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.

Randolph Bancorp Effective Interest Rate on Debt % Distribution

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

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

Randolph Bancorp Effective Interest Rate on Debt % Calculation

Randolph Bancorp's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2020 )	+	Total Debt (A: Dec. 2021 ))	/ count )
=	-1 * -2.153	/	( (61.895	+	50)	/ 2 )
=	-1 * -2.153	/	55.9475
=	3.85 %

where

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	61.895	+	0
=	61.895

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	50	+	0
=	50

Randolph Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2022 )	+	Total Debt (Q: Jun. 2022 ))	/ count )
=	-1 * -1.764	/	( (45	+	32.946)	/ 2 )
=	-1 * -1.764	/	38.973
=	4.53 %

where

	Total Debt (Q: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	45	+	0
=	45

	Total Debt (Q: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	32.946	+	0
=	32.946

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 (Jun. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Randolph Bancorp (NAS:RNDB) Effective Interest Rate on Debt % Explanation

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

Randolph Bancorp Effective Interest Rate on Debt % Related Terms

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Randolph Bancorp (NAS:RNDB) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Batterymarch Park, Suite 301, Quincy, MA, USA, 02169

Website

https://www.randolphbancorp.com

Randolph Bancorp Inc is a bank holding company of Envision Bank. The company is engaged in providing financial services to individuals, families, and small to mid-size businesses. The business of the company includes accepting deposits from the public and investing those deposits, commercial real estate loans, construction loans, investment securities, and consumer loans. The firm also offers deposit accounts, certificates of deposit, and money market accounts. The company has two reporting segments; Envision Bank, which is the key revenue generating segment; and Envision Mortgage. Envision Mortgage consists primarily of gains on loan origination and sales activities, loan servicing income and interest income on loans held for sale and residential construction loans.

Executives

Martin S. Friedman	10 percent owner	7901 JONES BRANCH DR. SUITE 210, MCLEAN VA 22102
Evelyn Kaupp	director	C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Ronald K Perry	director	320 NORWOOD PARK SOUTH, NORWOOD MA 02062
Pamela C Scott	director	151 BRADLEE AVENUE, SWAMPSCOTT MA 01907
William M Parent	director, officer: President & CEO	C/O GRAIL INVESTMENT CORP., 767 THIRD AVENUE, 21ST FLOOR, NEW YORK NY 10017
Lauren Messmore	officer: EVP & CFO	320 NORWOOD PARK SOUTH, NORWOOD MA 02062
Nancy J. Curry	officer: SVP/Commercial Lending	C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Peter J. Fraser	officer: Senior Vice President	C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
O'connor John J. Iii	director	C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
James P Mcdonough	director, officer: See Remarks	C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Paul R Donovan	director	CHAIRMAN'S VIEW, 300 GRANITE ST., SUITE 406, BRAINTREE MA 02184
Phillips Richard A. Sr.	director	C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Martie M. Dwyer	officer: See Remarks	C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Michael K Devlin	officer: See Remarks	C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Donna L. Thaxter	officer: See Remarks	C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072