RubinBrown Country Club Stats 2011
5. Average percentage of total revenue derived from outside events (not-for-profit clubs only) (10 clubs)
9.1%
6. Club borrowings and leverage A. Average bank debt per member (excluding nonresidents) (12 clubs)
$5,600
B. Average total bank debt (total dollars) (13 clubs) C. Average bank debt to membership equity
$2,420,000
1 to 1 4.9%
D. Average effective borrowing rate
(fixed rate: 11 clubs) (floating rate: 2 clubs)
Percentage of Outside Event Revenue Generated for Not-for-Profit Clubs
20%
15%
14.0
10%
9.5
9.1
5%
2.0
0
Average
Median
High
Low
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