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Southern Community Bancshares (Southern Community Bancshares) Effective Interest Rate on Debt % : 232.80% (As of Dec. 2000)


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What is Southern Community Bancshares 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. Southern Community Bancshares's annualized positive value of Interest Expense for the quarter that ended in Dec. 2000 was $2.33 Mil. Southern Community Bancshares's average total debt for the quarter that ended in Dec. 2000 was $1.00 Mil. Therefore, Southern Community Bancshares's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2000 was 232.80%.


Southern Community Bancshares Effective Interest Rate on Debt % Historical Data

The historical data trend for Southern Community Bancshares'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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Southern Community Bancshares Effective Interest Rate on Debt % Chart

Southern Community Bancshares Annual Data
Trend Sep96 Sep97 Sep98 Sep99
Effective Interest Rate on Debt %
- - - -

Southern Community Bancshares Quarterly Data
Sep96 Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00
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 208.00 217.20 227.60 - 232.80

Competitive Comparison of Southern Community Bancshares's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Southern Community Bancshares'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.


Southern Community Bancshares's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

* The bar in red indicates where Southern Community Bancshares's Effective Interest Rate on Debt % falls into.



Southern Community Bancshares Effective Interest Rate on Debt % Calculation

Southern Community Bancshares's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2099 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2098 )+Total Debt  (A: Sep. 2099 ))/ count )
=-1  *  -2.211/( (0+0)/ 1 )
=-1  *  -2.211/0
=N/A %

where

Southern Community Bancshares's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2000 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2000 )+Total Debt  (Q: Dec. 2000 ))/ count )
=-1  *  -2.328/( (0+1)/ 1 )
=-1  *  -2.328/1
=232.80 %

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 (Dec. 2000) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Southern Community Bancshares  (OTCPK:SCBS) Effective Interest Rate on Debt % Explanation

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


Southern Community Bancshares Effective Interest Rate on Debt % Related Terms

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Southern Community Bancshares (Southern Community Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
420 2nd Avenue SW, Cullman, AL, USA, 35055
Southern Community Bancshares Inc is a United States-based holding company. It provides retail and commercial loans, deposits, and other financial services in its primary market area of Cullman, Alabama, and the surrounding areas.

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