GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » HH&L Acquisition Co (NYSE:HHLA) » Definitions » Effective Interest Rate on Debt %

HH&L Acquisition Co (HH&L Acquisition Co) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2023)


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

What is HH&L Acquisition Co 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. HH&L Acquisition Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.00 Mil. HH&L Acquisition Co's average total debt for the quarter that ended in Sep. 2023 was $2.51 Mil. Therefore, HH&L Acquisition Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.00%.


HH&L Acquisition Co Effective Interest Rate on Debt % Historical Data

The historical data trend for HH&L Acquisition Co'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.

HH&L Acquisition Co Effective Interest Rate on Debt % Chart

HH&L Acquisition Co Annual Data
Trend Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
- - -

HH&L Acquisition Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of HH&L Acquisition Co's Effective Interest Rate on Debt %

For the Shell Companies subindustry, HH&L Acquisition Co'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.


HH&L Acquisition Co's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where HH&L Acquisition Co's Effective Interest Rate on Debt % falls into.



HH&L Acquisition Co Effective Interest Rate on Debt % Calculation

HH&L Acquisition Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  0/( (0+0.5)/ 1 )
=-1  *  0/0.5
=0.00 %

where

HH&L Acquisition Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  0/( (2.255+2.755)/ 2 )
=-1  *  0/2.505
=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 (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


HH&L Acquisition Co  (NYSE:HHLA) Effective Interest Rate on Debt % Explanation

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


HH&L Acquisition Co Effective Interest Rate on Debt % Related Terms

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


HH&L Acquisition Co (HH&L Acquisition Co) Business Description

Traded in Other Exchanges
Address
15 Queen’s Road Central, Suite 2001-2002, 20th Floor, York House, The Landmark, Central, Hong Kong, HKG
HH&L Acquisition Co is a blank check company.
Executives
Highbridge Capital Management Llc 10 percent owner 277 PARK AVE, 23RD FLOOR, NEW YORK NY 10172
Derek Nelsen Sulger director ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000
Kenneth W Hitchner director C/O SAPPHIRE QI LI, ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000
Qi Li director C/O SAPPHIRE QI LI, ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000
Yingjie Christina Zhong officer: Chief Financial Officer C/O SAPPHIRE QI LI ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000
Huanan Yang director, officer: Chief Operating Officer C/O SAPPHIRE QI LI ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000
Hh&l Investment Co. director, 10 percent owner C/O SAPPHIRE QI LI ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000
Jingwu Zhang Zang director SUITE 802, WEST TOWER, OMNIVISION, 88 SHANGKE ROAD, PUDONG DISTRICT, SHANGHAI F4 201210
Qingjun Jin director C/O SAPPHIRE QI LI ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000
Ma Frederick Si Hang director C/O SAPPHIRE QI LI ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000