WDFN (Woodlands Financial Services Co) Effective Interest Rate on Debt % : 52.05% (As of Sep. 2024)

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What is Woodlands Financial Services Co 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. Woodlands Financial Services Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $12.46 Mil. Woodlands Financial Services Co's average total debt for the quarter that ended in Sep. 2024 was $23.95 Mil. Therefore, Woodlands Financial Services Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 52.05%.

Woodlands Financial Services Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Woodlands Financial Services Co'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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Woodlands Financial Services Co Effective Interest Rate on Debt % Chart

Woodlands Financial Services Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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22.96

25.41

35.39

69.48

65.25

Woodlands Financial Services Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															114.70	60.61	50.50	51.87	52.05

Competitive Comparison of Woodlands Financial Services Co's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Woodlands Financial Services Co'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.

Woodlands Financial Services Co's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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

Woodlands Financial Services Co Effective Interest Rate on Debt % Calculation

Woodlands Financial Services Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -9.093	/	( (3.932	+	23.941)	/ 2 )
=	-1 * -9.093	/	13.9365
=	65.25 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.932	+	0
=	3.932

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	23.941	+	0
=	23.941

Woodlands Financial Services Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -12.464	/	( (23.946	+	23.949)	/ 2 )
=	-1 * -12.464	/	23.9475
=	52.05 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	23.946	+	0
=	23.946

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	23.949	+	0
=	23.949

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

Woodlands Financial Services Co (OTCPK:WDFN) Effective Interest Rate on Debt % Explanation

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

Woodlands Financial Services Co Effective Interest Rate on Debt % Related Terms

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Woodlands Financial Services Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Woodlands Financial Services Co (OTCPK:WDFN) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2450 E. Third Street, Williamsport, PA, USA, 17701

Website

http://www.woodlandsbank.com

Woodlands Financial Services Co is a Pennsylvania corporation organized as financial services holding company of Woodlands Bank. The Bank is a state chartered commercial bank located in Williamsport, Pennsylvania and operates as a traditional community bank, providing commercial and consumer banking and trust services in Lycoming and Clinton Counties and the surrounding market area. Its services comprise Merchant Services, Cyber Security, Online Banking & Bill Pay, Mobile Banking and Additional Bank Services. The Company has determined that its only reportable segment is community banking. It also offers other services including trust and asset management and money orders.