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Integrated Rail and Resources Acquisition (Integrated Rail and Resources Acquisition) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is Integrated Rail and Resources 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. Integrated Rail and Resources Acquisition's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.00 Mil. Integrated Rail and Resources Acquisition's average total debt for the quarter that ended in Dec. 2023 was $5.26 Mil. Therefore, Integrated Rail and Resources Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Integrated Rail and Resources Acquisition Effective Interest Rate on Debt % Historical Data

The historical data trend for Integrated Rail and Resources 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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Integrated Rail and Resources Acquisition Effective Interest Rate on Debt % Chart

Integrated Rail and Resources Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- - -

Integrated Rail and Resources Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Integrated Rail and Resources Acquisition's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Integrated Rail and Resources 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.


Integrated Rail and Resources Acquisition's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Integrated Rail and Resources Acquisition's Effective Interest Rate on Debt % falls into.



Integrated Rail and Resources Acquisition Effective Interest Rate on Debt % Calculation

Integrated Rail and Resources 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: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  0/( (0+5.471)/ 1 )
=-1  *  0/5.471
=0.00 %

where

Integrated Rail and Resources 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/( (5.051+5.471)/ 2 )
=-1  *  0/5.261
=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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Integrated Rail and Resources Acquisition  (OTCPK:IRRX) Effective Interest Rate on Debt % Explanation

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


Integrated Rail and Resources Acquisition Effective Interest Rate on Debt % Related Terms

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Integrated Rail and Resources Acquisition (Integrated Rail and Resources Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
400 W. Morse Boulevard, Suite 220, Winter Park, FL, USA, 32789
Integrated Rail and Resources Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Jason C. Reeves director 400 W. MORSE BOULEVARD, SUITE 220, WINTER PARK FL 32789
Ronald Curt Copley director 400 W. MORSE BOULEVARD, SUITE 220, WINTER PARK FL 32789
Troy O Welch director 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Didier Henry N Jr officer: See Remarks 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Robert L Bach officer: General Counsel 101 COURAGEOUS DRIVE, LEAGUE CITY TX 77573
Nathan Asplund director 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Chris A Bertel officer: Chief Financial Officer 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Richard D Bertel director, officer: Chief Executive Officer 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Michael Haeg officer: See Remarks 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Mark W Hemphill officer: See Remarks 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Timothy J Fisher director, officer: Chief Acquisition Officer 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Rollin D Bredenberg director 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Mark A Michel director, officer: Chief Operating Officer 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109