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Churchill Capital VII (Churchill Capital VII) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)


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What is Churchill Capital VII 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. Churchill Capital VII's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.00 Mil. Churchill Capital VII's average total debt for the quarter that ended in Mar. 2024 was $9.50 Mil. Therefore, Churchill Capital VII's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.


Churchill Capital VII Effective Interest Rate on Debt % Historical Data

The historical data trend for Churchill Capital VII'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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Churchill Capital VII Effective Interest Rate on Debt % Chart

Churchill Capital VII Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- - - -

Churchill Capital VII Quarterly Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Churchill Capital VII's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Churchill Capital VII'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.


Churchill Capital VII's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Churchill Capital VII's Effective Interest Rate on Debt % falls into.



Churchill Capital VII Effective Interest Rate on Debt % Calculation

Churchill Capital VII'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: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  0/( (0+8)/ 1 )
=-1  *  0/8
=0.00 %

where

Churchill Capital VII'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  *  0/( (8+11)/ 2 )
=-1  *  0/9.5
=0.00 %

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


Churchill Capital VII  (NAS:CVII) Effective Interest Rate on Debt % Explanation

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


Churchill Capital VII Effective Interest Rate on Debt % Related Terms

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Churchill Capital VII (Churchill Capital VII) Business Description

Traded in Other Exchanges
Address
640 Fifth Avenue, 12th Floor, New York, NY, USA, 10019
Churchill Capital Corp VII is a blank check company.
Executives
Magnetar Financial Llc 10 percent owner 1603 ORRINGTON AVE., 13TH FLOOR, EVANSTON IL 60201
Atlas Merchant Capital Llc 10 percent owner 477 MADISON AVENUE, 22ND FLOOR, NEW YORK NY 10022
Magnetar Capital Partners Lp 10 percent owner 1603 ORRINGTON AVE., 13TH FLOOR, EVANSTON IL 60201
Supernova Management Llc 10 percent owner 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
David J. Snyderman 10 percent owner C/O MAGNETAR FINANCIAL LLC, 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Alan Schrager director C/O OHA INVESTMENT CORPORATION, 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
Stephen Anthony Murphy director 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Andrew Frankle director 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Malcolm Stephen Mcdermid director C/O CTC MY CFO, P.O. BOX 10195, DEPT. 1173, PALO ALTO CA 94303
Churchill Sponsor Vii Llc 10 percent owner 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Lee Jay Taragin officer: Chief Financial Officer 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Bonnie Jonas director 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Michael Stuart Klein director, 10 percent owner, officer: See Remarks C/O DAVIS POLK & WARDWELL, 450 LEXINGTON AVENUE, NEW YORK NY 10017
M. Klein Associates, Inc. 10 percent owner 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Glenn R August director C/O OHA - 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036