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Western Acquisition Ventures (Western Acquisition Ventures) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is Western Acquisition Ventures 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. Western Acquisition Ventures's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.00 Mil. Western Acquisition Ventures's average total debt for the quarter that ended in Dec. 2023 was $0.20 Mil. Therefore, Western Acquisition Ventures's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Western Acquisition Ventures Effective Interest Rate on Debt % Historical Data

The historical data trend for Western Acquisition Ventures'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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Western Acquisition Ventures Effective Interest Rate on Debt % Chart

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

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

For the Shell Companies subindustry, Western Acquisition Ventures'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.


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

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

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



Western Acquisition Ventures Effective Interest Rate on Debt % Calculation

Western Acquisition Ventures'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+0.204)/ 1 )
=-1  *  0/0.204
=0.00 %

where

Western Acquisition Ventures'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/( (0.202+0.204)/ 2 )
=-1  *  0/0.203
=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.


Western Acquisition Ventures  (NAS:WAVS) Effective Interest Rate on Debt % Explanation

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


Western Acquisition Ventures Effective Interest Rate on Debt % Related Terms

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Western Acquisition Ventures (Western Acquisition Ventures) Business Description

Traded in Other Exchanges
N/A
Address
42 Broadway, 12th Floor, New York, NY, USA, 10004
Western Acquisition Ventures Corp is a blank check company.
Executives
Robin L Smith director C/O PHASE III MEDICAL, INC., 330 SOUTH SERVICE ROAD, SUITE 120, MELVILLE NY 11747
Adam K Stern director STERN AEGIS VENTURES, 810 7TH AVENUE 22ND FLOOR, NEW YORK NY 10019
Stephen Christoffersen director, officer: Chief Executive Officer 6261 KATELLA AVENUE, SUITE 250, CYPRESS CA 90630
A.g.p. / Alliance Global Partners Corp. other: Underwriter 88 POST ROAD WEST, 2ND FLOOR, WESTPORT CT 06880
William F Lischak director, 10 percent owner, other: Chief Financial Officer 8800 SUNSET BLVD, 3RD FL, LOS ANGELES CA 90069
Western Acquisition Ventures Sponsor Llc 10 percent owner 42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004
Ali Jahangiri director 42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004
Ade Okunubi director 42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004

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