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Bowen Acquisition (Bowen Acquisition) Effective Interest Rate on Debt % : 0.00% (As of Feb. 2023)


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

Bowen Acquisition Effective Interest Rate on Debt % Historical Data

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

Bowen Acquisition Annual Data
Trend Dec23
Effective Interest Rate on Debt %
-

Bowen Acquisition Semi-Annual Data
Feb23
Effective Interest Rate on Debt % -

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

For the Shell Companies subindustry, Bowen 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.

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

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

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


Bowen Acquisition Effective Interest Rate on Debt % Calculation

Bowen Acquisition'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: . 20 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Total Debt  (A: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

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

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: . 20 )+Total Debt  (Q: Feb. 2023 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Total Debt  (Q: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

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

* 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 one times the annual (Feb. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Bowen Acquisition  (NAS:BOWN) Effective Interest Rate on Debt % Explanation

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

Bowen Acquisition Effective Interest Rate on Debt % Related Terms

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Bowen Acquisition (Bowen Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bowen Acquisition Corp (NAS:BOWN) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
ONYX QDRO TBMC RWOD NBST VCXA BLAC GODN ADEX PMGM PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
420 Lexington Avenue, Suite 2446, New York, NY, USA, 10170
Website
Bowen Acquisition Corp is a blank check company.
Executives
Lawrence W. Leighton director TANG XING SHU MA BUILDING, SUITE 418, TANG XING ROAD, XIAN, SHAANXI PROVINCE F4 710065
Jiangang Luo officer: Chief Executive Officer 18 MICHELLE WAY, PINE BROOK NJ 07058
Jing Lu officer: Chief Financial Officer C/O KEYARCH ACQUISITION CORP., 183 QUEEN'S ROAD, CENTRAL HONG KONG K3 999077
Createcharm Holdings Ltd 10 percent owner C/O BOWEN ACQUISITION CORP, 420, NEW YORK NY 10170
Na Gai director, other: Chairwoman of the Board C/O BOWEN ACQUISITION CORP, 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Wei Li director C/O BOWEN ACQUISITION CORP, 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Bowen Holding Lp 10 percent owner C/O BOWEN ACQUISITION CORP, 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Jun Zhang director C/O BOWEN ACQUISITION CORP, 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170