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Killbuck Bancshares (Killbuck Bancshares) Effective Interest Rate on Debt % : 209.92% (As of Mar. 2012)


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What is Killbuck Bancshares 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. Killbuck Bancshares's annualized positive value of Interest Expense for the quarter that ended in Mar. 2012 was $3.45 Mil. Killbuck Bancshares's average total debt for the quarter that ended in Mar. 2012 was $1.64 Mil. Therefore, Killbuck Bancshares's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2012 was 209.92%.


Killbuck Bancshares Effective Interest Rate on Debt % Historical Data

The historical data trend for Killbuck 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.

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Killbuck Bancshares Effective Interest Rate on Debt % Chart

Killbuck Bancshares Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.86 78.81 59.22 73.29 136.39

Killbuck Bancshares Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
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 97.07 100.27 112.46 175.07 209.92

Competitive Comparison of Killbuck Bancshares's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Killbuck 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.


Killbuck Bancshares's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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



Killbuck Bancshares Effective Interest Rate on Debt % Calculation

Killbuck Bancshares's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2011 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2010 )+Total Debt  (A: Dec. 2011 ))/ count )
=-1  *  -3.812/( (4.229+1.361)/ 2 )
=-1  *  -3.812/2.795
=136.39 %

where

Total Debt  (A: Dec. 2010 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.644 + 3.585
=4.229

Total Debt  (A: Dec. 2011 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.416 + 0.945
=1.361

Killbuck Bancshares's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2012 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2011 )+Total Debt  (Q: Mar. 2012 ))/ count )
=-1  *  -3.448/( (1.361+1.924)/ 2 )
=-1  *  -3.448/1.6425
=209.92 %

where

Total Debt  (Q: Dec. 2011 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.416 + 0.945
=1.361

Total Debt  (Q: Mar. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.359 + 1.565
=1.924

* 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 (Mar. 2012) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Killbuck Bancshares  (OTCPK:KLIB) Effective Interest Rate on Debt % Explanation

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


Killbuck Bancshares Effective Interest Rate on Debt % Related Terms

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Killbuck Bancshares (Killbuck Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
165 North Main Street, PO Box 407, Killbuck, OH, USA, 44637
Killbuck Bancshares Inc operates as a bank holding company. The company provides retail banking services to individuals and small to medium-sized businesses. Its banking products include checking and savings accounts; personal lending products and e-banking services.

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