Cartesian Growth (Cartesian Growth) Effective Interest Rate on Debt % : 11.91% (As of Sep. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Cartesian Growth 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. Cartesian Growth's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was $0.06 Mil. Cartesian Growth's average total debt for the quarter that ended in Sep. 2022 was $0.47 Mil. Therefore, Cartesian Growth's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 11.91%.

Cartesian Growth Effective Interest Rate on Debt % Historical Data

The historical data trend for Cartesian Growth'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.

* Premium members only.

Cartesian Growth Effective Interest Rate on Debt % Chart

Cartesian Growth Annual Data

Trend

Dec20

Dec21

Effective Interest Rate on Debt %

Cartesian Growth Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	-	-	4.32	11.91

Competitive Comparison of Cartesian Growth's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Cartesian Growth'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.

Cartesian Growth's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

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

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

Cartesian Growth Effective Interest Rate on Debt % Calculation

Cartesian Growth's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2020 )	+	Total Debt (A: Dec. 2021 ))	/ count )
=	-1 * 0	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

Cartesian Growth's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2022 )	+	Total Debt (Q: Sep. 2022 ))	/ count )
=	-1 * -0.056	/	( (0.463	+	0.477)	/ 2 )
=	-1 * -0.056	/	0.47
=	11.91 %

where

	Total Debt (Q: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.463	+	0
=	0.463

	Total Debt (Q: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.477	+	0
=	0.477

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 (Sep. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Cartesian Growth (NAS:GLBL) Effective Interest Rate on Debt % Explanation

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

Cartesian Growth Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Cartesian Growth's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Cartesian Growth (Cartesian Growth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Cartesian Growth Corp (NAS:GLBL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

505 Fifth Avenue, 15th Floor, New York, NY, USA, 10017

Website

https://www.cartesiangrowth.com

Cartesian Growth Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, or reorganization or engaging in any other similar business combination with one or more businesses or entities.

Executives

Cgc Sponsor Llc	10 percent owner	505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Pangaea Three-b, Lp	10 percent owner	C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVE., 15TH FLOOR, NEW YORK NY 10017
Peter Yu	10 percent owner	C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Elias Diaz-sese	director	5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Gregory R. Armstrong	director, officer: Chief Financial Officer	C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Bertrand P. Grabowski	director	C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Daniel Jeremy Karp	director	C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017