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Model Performance Acquisition (Model Performance Acquisition) Effective Interest Rate on Debt %

: 0.00% (As of Sep. 2022)
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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. Model Performance Acquisition's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was $0.00 Mil. Model Performance Acquisition's average total debt for the quarter that ended in Sep. 2022 was $2.57 Mil. Therefore, Model Performance Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 0.00%.


Model Performance Acquisition Effective Interest Rate on Debt % Historical Data

The historical data trend for Model Performance 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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Model Performance Acquisition Annual Data
Trend Dec21
Effective Interest Rate on Debt %
-

Model Performance Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Effective Interest Rate on Debt % Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Shell Companies subindustry, Model Performance 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.


Model Performance Acquisition Effective Interest Rate on Debt % Distribution

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

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



Model Performance Acquisition Effective Interest Rate on Debt % Calculation

Model Performance 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: . 20 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Model Performance 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/( (2.46+2.685)/ 2 )
=-1  *  0/2.5725
=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 (Sep. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Model Performance Acquisition  (NAS:MPAC) Effective Interest Rate on Debt % Explanation

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


Model Performance Acquisition Effective Interest Rate on Debt % Related Terms

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Model Performance Acquisition (Model Performance Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2 Queens Road Central, 58 Floor, Unit 5801, Cheung Kong Center, Hong Kong, HKG
Website
Model Performance Acquisition Corp is a newly incorporated blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.