Plains Acquisition (Plains Acquisition) Effective Interest Rate on Debt % : 0.00% (As of . 20)

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What is Plains Acquisition 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. Plains Acquisition's annualized positive value of Interest Expense for the quarter that ended in . 20 was $ Mil. Plains Acquisition's average total debt for the quarter that ended in . 20 was $ Mil. Therefore, Plains Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in . 20 was %.

Plains Acquisition Effective Interest Rate on Debt % Historical Data

The historical data trend for Plains Acquisition'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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Plains Acquisition Effective Interest Rate on Debt % Chart

Plains Acquisition Annual Data

Trend

Effective Interest Rate on Debt %

Plains Acquisition Semi-Annual Data

Effective Interest Rate on Debt %

Competitive Comparison of Plains Acquisition's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Plains Acquisition'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.

Plains Acquisition's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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

Plains Acquisition Effective Interest Rate on Debt % Calculation

Plains Acquisition's annualized Effective Interest Rate on Debt % for the fiscal year that ended in . 20 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: . 20 )	+	Total Debt (A: . 20 ))	/ count )
=	-1 *	/	( (	+	)	/ )
=	-1 *	/
=	%

where

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

Plains Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in . 20 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: . 20 )	+	Total Debt (Q: . 20 ))	/ count )
=	-1 *	/	( (	+	)	/ )
=	-1 *	/
=	%

where

	Total Debt (Q: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

	Total Debt (Q: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

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 one times the annual (. 20) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Plains Acquisition (OTCPK:PLQC) Effective Interest Rate on Debt % Explanation

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

Plains Acquisition Effective Interest Rate on Debt % Related Terms

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Plains Acquisition (Plains Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

19404 Kenswick Drive, Humble, TX, USA, 77338

Website

https://www.psbplains.com

Plains Acquisition Corp is a United States-based bank holding company. It offers a full range of banking services. It provides loans to small and medium-sized businesses and individuals in its market area. The Bank operates full-service branch locations in Humble, Houston, Plains, Sugar Land, and Conroe, Texas, and limited-service branches or loan production offices in Houston and San Antonio, Texas.

Plains Acquisition (Plains Acquisition) Headlines

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