Northern Star Investment III (Northern Star Investment III) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2023)

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What is Northern Star Investment III 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. Northern Star Investment III's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $0.00 Mil. Northern Star Investment III's average total debt for the quarter that ended in Jun. 2023 was $0.10 Mil. Therefore, Northern Star Investment III's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 0.00%.

Northern Star Investment III Effective Interest Rate on Debt % Historical Data

The historical data trend for Northern Star Investment III'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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Northern Star Investment III Effective Interest Rate on Debt % Chart

Northern Star Investment III Annual Data

Trend

Sep22

Effective Interest Rate on Debt %

Northern Star Investment III Quarterly Data
	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
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Competitive Comparison of Northern Star Investment III's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Northern Star Investment III'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.

Northern Star Investment III's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Northern Star Investment III's Effective Interest Rate on Debt % falls into.

Northern Star Investment III Effective Interest Rate on Debt % Calculation

Northern Star Investment III's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: . 20 )	+	Total Debt (A: Sep. 2022 ))	/ count )
=	-1 *	/	( (	+	)	/ )
=	-1 *	/
=	%

where

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

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

Northern Star Investment III's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2023 )	+	Total Debt (Q: Jun. 2023 ))	/ count )
=	-1 * 0	/	( (0	+	0.1)	/ 1 )
=	-1 * 0	/	0.1
=	0.00 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.1
=	0.1

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 (Jun. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Northern Star Investment III (OTCPK:NSTC) Effective Interest Rate on Debt % Explanation

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

Northern Star Investment III Effective Interest Rate on Debt % Related Terms

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Northern Star Investment III (Northern Star Investment III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Northern Star Investment Corp III (OTCPK:NSTC) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

NSTCU:USA

Address

c/o Graubard Miller, 405 Lexington Avenue, The Chrysler Building, 44th Floor, New York, NY, USA, 10174

Website

https://www.northernstaric3.com

Northern Star Investment Corp III is a blank check company.

Executives

Jonathan J Ledecky	director, 10 percent owner, officer: President, COO	C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Joanna Coles	director, 10 percent owner, officer: Chief Executive Officer	C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Northern Star Iii Sponsor Llc	10 percent owner	C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
Dasha Smith	director	C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Justine Cheng	director	1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
James Hr Brady	officer: Chief Financial Officer	1850 CENTENNIAL PARK DRIVE, SUITE 200, RESTON VA 20191
James Vincent	director	C/O NORTHERN STAR INVESTMENT CORP. III, C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174

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