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VWFB (VWF Bancorp) Effective Interest Rate on Debt % : 62.04% (As of Dec. 2024)


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What is VWF Bancorp 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. VWF Bancorp's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $11.02 Mil. VWF Bancorp's average total debt for the quarter that ended in Dec. 2024 was $17.77 Mil. Therefore, VWF Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 62.04%.


VWF Bancorp Effective Interest Rate on Debt % Historical Data

The historical data trend for VWF Bancorp'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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VWF Bancorp Effective Interest Rate on Debt % Chart

VWF Bancorp Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Effective Interest Rate on Debt %
- - 12.58 19.32

VWF Bancorp Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 41.83 37.19 20.15 20.65 62.04

Competitive Comparison of VWF Bancorp's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, VWF Bancorp'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.


VWF Bancorp's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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


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VWF Bancorp Effective Interest Rate on Debt % Calculation

VWF Bancorp's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2023 )+Total Debt  (A: Jun. 2024 ))/ count )
=-1  *  -6.728/( (6.2+63.443)/ 2 )
=-1  *  -6.728/34.8215
=19.32 %

where

Total Debt  (A: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=63.443 + 0
=63.443

VWF Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -11.024/( (34.132+1.407)/ 2 )
=-1  *  -11.024/17.7695
=62.04 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=34.132 + 0
=34.132

* 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 (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


VWF Bancorp  (OTCPK:VWFB) Effective Interest Rate on Debt % Explanation

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


VWF Bancorp Effective Interest Rate on Debt % Related Terms

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VWF Bancorp Business Description

Industry
Traded in Other Exchanges
N/A
Address
976 South Shannon Street, Van Wert, OH, USA, 45891
VWF Bancorp Inc operates as a savings and loan holding company for Van Wert Federal Savings Bank. The firm, through its subsidiaries, engages in the business of making residential mortgage loans and accepting deposits.
Executives
Gary L Clay director, officer: Chairman of the Board 976 SOUTH SHANNON STREET, VAN WERT OH 45891
Michael D Cahill director, officer: President & CEO 5031 SWEETWATER PLACE, FORT WAYNE IN 46835
Charles F Koch director 976 SOUTH SHANNON STREET, VAN WERT OH 45891
Andrew D. Holy officer: Chief Risk Officer 976 SOUTH SHANNON STREET, VAN WERT OH 45891
Richard Wayne Brackin officer: CFO & Treasurer 976 SOUTH SHANNON STREET, VAN WERT OH 45891
Andrea Myers officer: Chief Administrative Officer 976 SOUTH SHANNON STREET, VAN WERT OH 45891
Thomas Turnwald director 976 SOUTH SHANNON STREET, VAN WERT OH 45891
Jon Bagley director 976 SOUTH SHANNON STREET, VAN WERT OH 45891
Mark K Schumm officer: President and CEO 976 SOUTH SHANNON STREET, VAN WERT OH 45891
Michael Keysor director 976 SOUTH SHANNON STREET, VAN WERT OH 45891
Kylee J Moody officer: CFO 976 SOUTH SHANNON STREET, VAN WERT OH 45891

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