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Papaya Growth Opportunity I (Papaya Growth Opportunity I) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is Papaya Growth Opportunity I 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. Papaya Growth Opportunity I's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.00 Mil. Papaya Growth Opportunity I's average total debt for the quarter that ended in Dec. 2023 was $2.48 Mil. Therefore, Papaya Growth Opportunity I's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Papaya Growth Opportunity I Effective Interest Rate on Debt % Historical Data

The historical data trend for Papaya Growth Opportunity I'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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Papaya Growth Opportunity I Effective Interest Rate on Debt % Chart

Papaya Growth Opportunity I Annual Data
Trend Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- - -

Papaya Growth Opportunity I Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Papaya Growth Opportunity I's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Papaya Growth Opportunity I'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.


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

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

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



Papaya Growth Opportunity I Effective Interest Rate on Debt % Calculation

Papaya Growth Opportunity I'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+2.624)/ 1 )
=-1  *  0/2.624
=0.00 %

where

Papaya Growth Opportunity I'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/( (2.335+2.624)/ 2 )
=-1  *  0/2.4795
=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.


Papaya Growth Opportunity I  (NAS:PPYA) Effective Interest Rate on Debt % Explanation

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


Papaya Growth Opportunity I Effective Interest Rate on Debt % Related Terms

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Papaya Growth Opportunity I (Papaya Growth Opportunity I) Business Description

Traded in Other Exchanges
N/A
Address
2201 Broadway, Suite 750, Oakland, CA, USA, 94612
Papaya Growth Opportunity Corp I is a blank check company.
Executives
Alberta Investment Management Corp 10 percent owner 1600-10250 101 STREET NW, EDMONTON A0 T5J 3P4
Neil B Herceg director 2201 BROADWAY, #705, OAKLAND CA 94612
Daniel A Murillo director 2201 BROADWAY, #705, OAKLAND CA 94612
Timothy J Schenk director 2201 BROADWAY, #705, OAKLAND CA 94612
Alex Spiro officer: President 25 TUDOR CITY PLACE APT 1011, NEW YORK NY 10017
Dave Yarnold director C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Patricia Nakache director 325 SHARON PARK DR., #458, MENLO PARK CA 94025
Diana A Sklar director 2 ROUSSEAU STREET, SAN FRANCISCO CA 94112
Clay Whitehead director, 10 percent owner, officer: Chief Executive Officer C/O PLUM ACQUISITION CORP. I, 339 SEAVIEW AVE, PIEDMONT CA 94610
Daniel C Rogers officer: CFO and Secretary 2201 BROADWAY; SUITE 705, OAKLAND CA 94612
Papaya Growth Opportunity I Sponsor, Llc 10 percent owner 2201 BROADWAY, SUITE 750, OAKLAND CA 94612
Patrick Pohlen director C/O MNTN DIGITAL, INC., 201 W. 5TH STREET, 11TH FLOOR, AUSTIN TX 78701

Papaya Growth Opportunity I (Papaya Growth Opportunity I) Headlines