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Redwoods Acquisition (Redwoods Acquisition) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)


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What is Redwoods 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. Redwoods Acquisition's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.00 Mil. Redwoods Acquisition's average total debt for the quarter that ended in Mar. 2024 was $1.57 Mil. Therefore, Redwoods Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.


Redwoods Acquisition Effective Interest Rate on Debt % Historical Data

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

Redwoods Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- - -

Redwoods Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Redwoods Acquisition's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Redwoods 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.


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

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

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



Redwoods Acquisition Effective Interest Rate on Debt % Calculation

Redwoods 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+1.605)/ 1 )
=-1  *  0/1.605
=0.00 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.54 + 0.065
=1.605

Redwoods Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  0/( (1.605+1.54)/ 2 )
=-1  *  0/1.5725
=0.00 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.54 + 0.065
=1.605

* 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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Redwoods Acquisition  (NAS:RWOD) Effective Interest Rate on Debt % Explanation

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


Redwoods Acquisition Effective Interest Rate on Debt % Related Terms

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Redwoods Acquisition (Redwoods Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1115 Broadway, 12th Floor, New York, NY, USA, 10010
Website
Redwoods Acquisition Corp is a is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities.
Executives
Jiande Chen director, officer: Chief Executive Officer IMAX CORPORATION, A401-410 TOMORROW SQUA, SHANGHAI F4 200003
Raymond John Gibbs director 521 FIFTH AVENUE, 17TH FLOOR, NEW YORK NY 10175
Wang Cong Edward director, officer: Chief Financial Officer 521 FIFTH AVENUE, 17TH FLOOR, NEW YORK NY 10175
Redwoods Capital Llc 10 percent owner 1115 BROADWAY, 12TH FLOOR, NEW YORK NY 10010
Weikwang Ng director 1115 BROADWAY, 12TH FLOOR, NEW YORK NY 10010
Hong Jeff Li director 1115 BROADWAY, 12TH FLOOR, NEW YORK NM 10010