Pine Technology Acquisition (Pine Technology Acquisition) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2022)

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

What is Pine Technology 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. Pine Technology Acquisition's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was $0.00 Mil. Pine Technology Acquisition's average total debt for the quarter that ended in Sep. 2022 was $0.35 Mil. Therefore, Pine Technology Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 0.00%.

Pine Technology Acquisition Effective Interest Rate on Debt % Historical Data

The historical data trend for Pine Technology 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.

* Premium members only.

Pine Technology Acquisition Effective Interest Rate on Debt % Chart

Pine Technology Acquisition Annual Data

Trend

Dec20

Dec21

Effective Interest Rate on Debt %

Pine Technology Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Pine Technology Acquisition's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Pine Technology 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.

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

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

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

Pine Technology Acquisition Effective Interest Rate on Debt % Calculation

Pine Technology Acquisition's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2020 )	+	Total Debt (A: Dec. 2021 ))	/ count )
=	-1 * 0	/	( (0	+	0.35)	/ 1 )
=	-1 * 0	/	0.35
=	0.00 %

where

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.35
=	0.35

Pine Technology Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2022 )	+	Total Debt (Q: Sep. 2022 ))	/ count )
=	-1 * 0	/	( (0.351	+	0.351)	/ 2 )
=	-1 * 0	/	0.351
=	0.00 %

where

	Total Debt (Q: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.351
=	0.351

	Total Debt (Q: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.351
=	0.351

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. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Pine Technology Acquisition (NAS:PTOCU) Effective Interest Rate on Debt % Explanation

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

Pine Technology Acquisition Effective Interest Rate on Debt % Related Terms

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

Pine Technology Acquisition (Pine Technology Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pine Technology Acquisition Corp (NAS:PTOCU) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

260 Lena Drive, Aurora, OH, USA, 44202

Website

https://www.pinetechnology.com

Pine Technology Acquisition Corp is a newly organized blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Ciro M Defalco	officer: CFO, Treasurer and Secretary	C/O THE NAVIGATORS GROUP, INC., 6 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Stone Point Capital Llc	10 percent owner	20 HORSENECK LANE, GREENWICH CT 06830
Barry D Zyskind	10 percent owner	C/O AMTRUST FINANCIAL SERVICES, INC., 59 MAIDEN LANE, 6TH FLOOR, NEW YORK NY 10038
Christopher Longo	director, officer: CEO and Director	59 MAIDEN LANE, 6TH FLOOR, NEW YORK NY 10038
Adam Karkowsky	director	C/O AMTRUST FINANCIAL SERVICES INC., 59 MAIDEN LANE, 43RD FLOOR, NEW YORK NY 10038
Bradley Tusk	director	251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Nicolas D Zerbib	director	JAMES RIVER GROUP, INC., 1414 RALEIGH ROAD, SUITE 415, CHAPEL HILL NC 27517
Trident Vii, L.p.	10 percent owner	STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
Trident Vii Parallel Fund, L.p.	10 percent owner	STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
Pine Technology Sponsor Llc	director, 10 percent owner	C/O PINE TECHNOLOGY ACQUISITION CORP., 260 LENA DRIVE, AURORA OH 44202
Trident Pine Acquisition Lp	10 percent owner	C/O STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
John Eric Smith	director	260 LENA DRIVE, AURORA OH 44202
Peel Acquisition Co Ii, Llc	10 percent owner	C/O PINE TECHNOLOGY ACQUISITION CORP., 260 LENA DRIVE, AURORA OH 44202
Trident Pine Gp, Llc	10 percent owner	C/O STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
Trident Capital Vii, L.p.	10 percent owner	C/O STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830