TFS Financial (FRA:PWT) Effective Interest Rate on Debt % : 8.95% (As of Mar. 2024)

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What is TFS 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. TFS Financial's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €412.6 Mil. TFS Financial's average total debt for the quarter that ended in Mar. 2024 was €4,611.3 Mil. Therefore, TFS Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 8.95%.

TFS Financial Effective Interest Rate on Debt % Historical Data

The historical data trend for TFS 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.

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TFS Financial Effective Interest Rate on Debt % Chart

TFS Financial Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

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5.79

5.48

4.71

3.81

6.25

TFS Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.08	6.53	7.36	8.25	8.95

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

For the Banks - Regional subindustry, TFS 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.

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

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

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

TFS Financial Effective Interest Rate on Debt % Calculation

TFS Financial's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2022 )	+	Total Debt (A: Sep. 2023 ))	/ count )
=	-1 * -307.666	/	( (4871.365	+	4969.331)	/ 2 )
=	-1 * -307.666	/	4920.348
=	6.25 %

where

	Total Debt (A: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4871.365	+	0
=	4871.365

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4969.331	+	0
=	4969.331

TFS Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -412.584	/	( (4639.805	+	4582.873)	/ 2 )
=	-1 * -412.584	/	4611.339
=	8.95 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4639.805	+	0
=	4639.805

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4582.873	+	0
=	4582.873

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

TFS Financial (FRA:PWT) Effective Interest Rate on Debt % Explanation

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

TFS Financial Effective Interest Rate on Debt % Related Terms

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TFS Financial (FRA:PWT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » TFS Financial Corp (FRA:PWT) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

TFSL:USA

Address

7007 Broadway Avenue, Cleveland, OH, USA, 44105

Website

https://www.thirdfederal.com

TFS Financial Corp is the holding company for the Third Federal Savings and Loan Association of Cleveland. The company's ownership in the savings and loan association is its primary business activity. The association's principal business consists of originating and servicing residential real estate mortgage loans and attracting retail savings deposits. It does so by offering products with competitive rates and yields. The company also operates Third Capital, a wholly owned subsidiary that serves as a holding company or as an investor in vehicles such as private equity funds. Third Capital has interests in lease transactions of commercial buildings, title agencies providing escrow and settlement services, and reinsurance of private mortgage insurance on residential loans.

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