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Newcourt Acquisition (Newcourt Acquisition) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2023)


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What is Newcourt 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. Newcourt Acquisition's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.00 Mil. Newcourt Acquisition's average total debt for the quarter that ended in Sep. 2023 was $1.18 Mil. Therefore, Newcourt Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.00%.


Newcourt Acquisition Effective Interest Rate on Debt % Historical Data

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

Newcourt Acquisition Annual Data
Trend Dec21 Dec22
Effective Interest Rate on Debt %
- -

Newcourt Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Newcourt Acquisition's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Newcourt 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.


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

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

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



Newcourt Acquisition Effective Interest Rate on Debt % Calculation

Newcourt Acquisition'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)/ 1 )
=-1  *  0/0
=N/A %

where

Newcourt Acquisition'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/( (1.178+0)/ 1 )
=-1  *  0/1.178
=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.


Newcourt Acquisition  (NAS:NCACU) Effective Interest Rate on Debt % Explanation

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


Newcourt Acquisition Effective Interest Rate on Debt % Related Terms

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Newcourt Acquisition (Newcourt Acquisition) Business Description

Traded in Other Exchanges
Address
2201 Broadway, Suite 705, Oakland, CA, USA, 94612
Website
Newcourt Acquisition Corp is a blank check company. The company was formed for the purpose of effecting a merger, capital exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Executives
Van De Vyver Jurgen Johannes officer: Chief Financial Officer 1817 CALIFORNIA STREET APT 025, SAN FRANCISCO CA 94109
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Newcourt Spac Sponsor Llc 10 percent owner 2201 BROADWAY, SUITE 705, OAKLNAD CA 94612
Marc Gregory Balkin director, officer: Chief Executive Officer 2201 BROADWAY; SUITE 705, OAKLAND CA 94612
Daniel C Rogers officer: Chief Financial Officer 2201 BROADWAY; SUITE 705, OAKLAND CA 94612
Simran Rekhi Aggarwal director 2201 BROADWAY; SUITE 705, OAKLAND CA 94612
Rohit Bodas director 2201 BROADWAY; SUITE 705, OAKLAND CA 94612
Michael Jordaan director 2201 BROADWAY, SUITE 705, OAKLAND CA 94612
Nicole Farb director 2201 BROADWAY; SUITE 705, OAKLAND CA 94612