Malaga Financial (Malaga Financial) Effective Interest Rate on Debt % : 10.86% (As of Sep. 2007)

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What is Malaga Financial 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. Malaga Financial's annualized positive value of Interest Expense for the quarter that ended in Sep. 2007 was $27.98 Mil. Malaga Financial's average total debt for the quarter that ended in Sep. 2007 was $257.60 Mil. Therefore, Malaga Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2007 was 10.86%.

Malaga Financial Effective Interest Rate on Debt % Historical Data

The historical data trend for Malaga Financial'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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Malaga Financial Effective Interest Rate on Debt % Chart

Malaga Financial Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Effective Interest Rate on Debt %

9.66

6.67

6.15

6.00

9.93

Malaga Financial Quarterly Data
	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															9.65	10.25	10.93	11.18	10.86

Competitive Comparison of Malaga Financial's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Malaga Financial'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.

Malaga Financial's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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

Malaga Financial Effective Interest Rate on Debt % Calculation

Malaga Financial's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2006 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2005 )	+	Total Debt (A: Dec. 2006 ))	/ count )
=	-1 * -22.803	/	( (208.44	+	251.037)	/ 2 )
=	-1 * -22.803	/	229.7385
=	9.93 %

where

	Total Debt (A: Dec. 2005 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	208.44	+	0
=	208.44

	Total Debt (A: Dec. 2006 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	251.037	+	0
=	251.037

Malaga Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2007 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2007 )	+	Total Debt (Q: Sep. 2007 ))	/ count )
=	-1 * -27.98	/	( (252.213	+	262.996)	/ 2 )
=	-1 * -27.98	/	257.6045
=	10.86 %

where

	Total Debt (Q: Jun. 2007 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	252.213	+	0
=	252.213

	Total Debt (Q: Sep. 2007 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	262.996	+	0
=	262.996

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 (Sep. 2007) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Malaga Financial (OTCPK:MLGF) Effective Interest Rate on Debt % Explanation

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

Malaga Financial Effective Interest Rate on Debt % Related Terms

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Malaga Financial (Malaga Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Malaga Financial Corp (OTCPK:MLGF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2514 Via Tejon, Palos Verdes Estates, CA, USA, 90274

Website

https://www.malagabank.com

Malaga Financial Corp is a full-service community bank. It bank is a real estate lender concentrating on financing apartments, construction projects, and single-family residences. Its operations are related to traditional banking activities, including the acceptance of deposits and the lending and investing of money. Its customers consist of individuals and small-to-midsize businesses located in the Palos Verdes Peninsula and adjoining areas of Los Angeles and Orange Counties, California.