GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Square 1 Financial Inc (NAS:SQBK) » Definitions » Effective Interest Rate on Debt %

Square 1 Financial (Square 1 Financial) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2015)


View and export this data going back to . Start your Free Trial

What is Square 1 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. Square 1 Financial's annualized positive value of Interest Expense for the quarter that ended in Jun. 2015 was $0.8 Mil. Square 1 Financial's average total debt for the quarter that ended in Jun. 2015 was $0.0 Mil. Therefore, Square 1 Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2015 was N/A%.


Square 1 Financial Effective Interest Rate on Debt % Historical Data

The historical data trend for Square 1 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.

* Premium members only.

Square 1 Financial Effective Interest Rate on Debt % Chart

Square 1 Financial Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14
Effective Interest Rate on Debt %
- 24.25 2.23 2.31 4.26

Square 1 Financial Quarterly Data
Dec10 Dec11 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 24.98 - - - -

Competitive Comparison of Square 1 Financial's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Square 1 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.


Square 1 Financial's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Square 1 Financial's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Square 1 Financial's Effective Interest Rate on Debt % falls into.



Square 1 Financial Effective Interest Rate on Debt % Calculation

Square 1 Financial's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2013 )+Total Debt  (A: Dec. 2014 ))/ count )
=-1  *  -0.807/( (18.944+0)/ 1 )
=-1  *  -0.807/18.944
=4.26 %

where

Total Debt  (A: Dec. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18.944 + 0
=18.944

Square 1 Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2015 )+Total Debt  (Q: Jun. 2015 ))/ count )
=-1  *  -0.776/( (0+0)/ 1 )
=-1  *  -0.776/0
=N/A %

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. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Square 1 Financial  (NAS:SQBK) Effective Interest Rate on Debt % Explanation

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


Square 1 Financial Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Square 1 Financial's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Square 1 Financial (Square 1 Financial) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Square 1 Financial Inc is incorporated in Delaware on October, 2004. The Company is a financial services company, providing financial services to entrepreneurs and venture capitalists. The Company is bank holding company for Square 1 Bank. Through Square 1 Bank, the Company provides banking activities on venture capital firms and private equity firms and the portfolio companies funded by such firms. It provides various financial services nationwide to these investors and their portfolio companies, including, among others, term commercial loans, revolving lines of credit, asset-based loans, deposit products and fee-based banking services, including credit cards, foreign exchange, cash management and letters of credit. The Company also provides senior debt facilities to its borrowers that are secured by substantially all of the assets of the borrower client. In some instances, it also obtain the guarantee of the venture firm that provided venture capital to its borrower client or, in the case of a borrower that has not received venture capital funding, a guarantee of individuals associated with the borrower. For early stage companies, the primary source of repayment is typically cash collateral held in accounts with the bank.
Executives
Patrick Timothy Oakes officer: EVP & CFO 406 BLACKWELL STREET SUITE 240 DURHAM NC 27701
John Pietrzak director WEST COAST BANCORP, 5335 MEADOWS ROAD, SUITE 201, LAKE OSWEGO OR 97035
W Kirk Wycoff director PATRIOT FINANCIAL PARTNERS, LP, 2929 ARCH STREET, 27TH FLOOR, PHILADELPHIA PA 19104
Seth Rudnick director 7100 WEST CREDIT AVENUE, SUITE 101, C/O ARALEZ PHARMACEUTICALS, MISSISSAUGA A6 L5N 0E4
Diane Earle officer: EVP -- Chief Credit Officer 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Gregory Bruce Thompson officer: EVP -- Shared Services 406 BLACKWELL STREET, SUITE 240, DURHAM NC 27701
Frank Tower officer: EVP -- East Banking PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Paul Robert Burke director PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Douglas H Bowers director, officer: President & CEO 406 BLACKWELL STREET, SUITE 240, DURHAM NC 27701
Daniel Roy Mathis director 2352 ZODIAC ST., CARLSBAD CA 92009
Sam Bhaumik officer: EVP-Silicon Valley Banking 406 BLACKWELL STREET, SUITE 240, DURHAM NC 27701
Norman Creighton director 9601 WILSHIRE BOULEVARD, SUITE 220, BEVERLY HILLS CA 90210
Robert I Usdan director 99 PARK AVENUE, NEW YORK NY 10016

Square 1 Financial (Square 1 Financial) Headlines

No Headlines