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Oak Ridge Financial Services (Oak Ridge Financial Services) Effective Interest Rate on Debt % : 22.21% (As of Jun. 2013)


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What is Oak Ridge Financial Services 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. Oak Ridge Financial Services's annualized positive value of Interest Expense for the quarter that ended in Jun. 2013 was $1.83 Mil. Oak Ridge Financial Services's average total debt for the quarter that ended in Jun. 2013 was $8.25 Mil. Therefore, Oak Ridge Financial Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2013 was 22.21%.


Oak Ridge Financial Services Effective Interest Rate on Debt % Historical Data

The historical data trend for Oak Ridge Financial Services'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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Oak Ridge Financial Services Effective Interest Rate on Debt % Chart

Oak Ridge Financial Services Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.64 47.92 36.22 26.46 28.25

Oak Ridge Financial Services Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 29.83 24.68 23.57 22.11 22.21

Competitive Comparison of Oak Ridge Financial Services's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Oak Ridge Financial Services'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.


Oak Ridge Financial Services's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

* The bar in red indicates where Oak Ridge Financial Services's Effective Interest Rate on Debt % falls into.



Oak Ridge Financial Services Effective Interest Rate on Debt % Calculation

Oak Ridge Financial Services's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2012 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2011 )+Total Debt  (A: Dec. 2012 ))/ count )
=-1  *  -2.33/( (8.248+8.248)/ 2 )
=-1  *  -2.33/8.248
=28.25 %

where

Oak Ridge Financial Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2013 )+Total Debt  (Q: Jun. 2013 ))/ count )
=-1  *  -1.832/( (8.248+8.248)/ 2 )
=-1  *  -1.832/8.248
=22.21 %

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 (Jun. 2013) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Oak Ridge Financial Services  (OTCPK:BKOR) Effective Interest Rate on Debt % Explanation

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


Oak Ridge Financial Services Effective Interest Rate on Debt % Related Terms

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Oak Ridge Financial Services (Oak Ridge Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
8050 Fogleman Road, Oak Ridge, MN, USA, 27310
Oak Ridge Financial Services Inc is the holding company. The company is an independent, full-service financial services firm providing private client and investment banking services to individual, institutional and corporate customers.
Executives
Stanley Tennant director 2211 OAK RIDGE ROAD, OAK RIDGE NC 27310