Arisz Acquisition (Arisz Acquisition) Effective Interest Rate on Debt % : 3.53% (As of Dec. 2023)

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What is Arisz Acquisition 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. Arisz Acquisition's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.09 Mil. Arisz Acquisition's average total debt for the quarter that ended in Dec. 2023 was $2.61 Mil. Therefore, Arisz Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.53%.

Arisz Acquisition Effective Interest Rate on Debt % Historical Data

The historical data trend for Arisz Acquisition'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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Arisz Acquisition Effective Interest Rate on Debt % Chart

Arisz Acquisition Annual Data

Trend

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

2.14

Arisz Acquisition Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					2.70	-	-	9.47	3.53

Competitive Comparison of Arisz Acquisition's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Arisz Acquisition'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.

Arisz Acquisition's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

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

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

Arisz Acquisition Effective Interest Rate on Debt % Calculation

Arisz Acquisition'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 * -0.051	/	( (0	+	2.38)	/ 1 )
=	-1 * -0.051	/	2.38
=	2.14 %

where

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

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.38
=	2.38

Arisz Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.092	/	( (2.38	+	2.83)	/ 2 )
=	-1 * -0.092	/	2.605
=	3.53 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.38
=	2.38

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.83
=	2.83

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Arisz Acquisition (NAS:ARIZ) Effective Interest Rate on Debt % Explanation

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

Arisz Acquisition Effective Interest Rate on Debt % Related Terms

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Arisz Acquisition (Arisz Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Arisz Acquisition Corp (NAS:ARIZ) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 East 49th Street, C/O MSQ Ventures, 17th floor, New York, NY, USA, 10017

Website

Arisz Acquisition Corp is a blank check company.

Executives

Arisz Investment Llc	10 percent owner	199 WATER STREET, 31ST FLOOR, NEW YORK NY 10038
Fang Hindle-yang	director, 10 percent owner, officer: Chief Executive Officer	199 WATER STREET, 31ST FLOOR, NEW YORK NY 10038
Yu He	director	199 WATER STREET, 31ST FLOOR, NEW YORK NY 10038
Marc Estigarribia	officer: Chief Financial Officer	199 WATER STREET, 31ST FLOOR, NEW YORK NY 10038
Romain Guerel	director	199 WATER STREET, 31ST FLOOR, NEW YORK NY 10038
Rushi Trivedi	director	199 WATER STREET, 31ST FLOOR, NEW YORK NY 10038