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SK Growth Opportunities (SK Growth Opportunities) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)


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What is SK Growth Opportunities 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. SK Growth Opportunities's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.00 Mil. SK Growth Opportunities's average total debt for the quarter that ended in Mar. 2024 was $6.07 Mil. Therefore, SK Growth Opportunities's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.


SK Growth Opportunities Effective Interest Rate on Debt % Historical Data

The historical data trend for SK Growth Opportunities'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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SK Growth Opportunities Effective Interest Rate on Debt % Chart

SK Growth Opportunities Annual Data
Trend Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- - -

SK Growth Opportunities Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of SK Growth Opportunities's Effective Interest Rate on Debt %

For the Shell Companies subindustry, SK Growth Opportunities'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.


SK Growth Opportunities's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where SK Growth Opportunities's Effective Interest Rate on Debt % falls into.



SK Growth Opportunities Effective Interest Rate on Debt % Calculation

SK Growth Opportunities'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/( (5.24+5.62)/ 2 )
=-1  *  0/5.43
=0.00 %

where

SK Growth Opportunities'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/( (5.62+6.52)/ 2 )
=-1  *  0/6.07
=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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


SK Growth Opportunities  (NAS:SKGR) Effective Interest Rate on Debt % Explanation

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


SK Growth Opportunities Effective Interest Rate on Debt % Related Terms

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SK Growth Opportunities (SK Growth Opportunities) Business Description

Traded in Other Exchanges
N/A
Address
228 Park Avenue S, Suite 96693, New York, NY, USA, 10003
SK Growth Opportunities Corp is a blank check company. The company was 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
Michael Noonen director C/O 8X8 INC, 2445 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
John A. Boehner director 401 N. MAIN STREET, WINSTON-SALEM NC 27101
Martin J. Payne director 7809 WOODMONT AVENUE, SUITE 200, BETHESDA MD 20814
Richard H. Chin director, officer: Chief Executive Officer C/O SK GROWTH, 3979 FREEDOM CIRCLE, SUITE 540, SANTA CLARA CA 95054
Auxo Capital Managers Llc 10 percent owner 3979 FREEDOM CIRCLE, SUITE 540, SANTA CLARA CA 95054
Derek Edward Jensen director, officer: Chief Financial Officer 3979 FREEDOM CIRCLE, SUITE 450, SANTA CLARA CA 95054