Digital World Acquisition (Digital World Acquisition) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2023)

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What is Digital World 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. Digital World Acquisition's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.00 Mil. Digital World Acquisition's average total debt for the quarter that ended in Sep. 2023 was $4.95 Mil. Therefore, Digital World Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.00%.

Digital World Acquisition Effective Interest Rate on Debt % Historical Data

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

Digital World Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

Digital World Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
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Competitive Comparison of Digital World Acquisition's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Digital World 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.

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

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

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

Digital World Acquisition Effective Interest Rate on Debt % Calculation

Digital World Acquisition's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * 0	/	( (0	+	3.501)	/ 1 )
=	-1 * 0	/	3.501
=	0.00 %

where

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

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	3.501
=	3.501

Digital World Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * 0	/	( (4.15	+	5.747)	/ 2 )
=	-1 * 0	/	4.9485
=	0.00 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	4.15
=	4.15

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	5.747
=	5.747

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Digital World Acquisition (NAS:DWAC) Effective Interest Rate on Debt % Explanation

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

Digital World Acquisition Effective Interest Rate on Debt % Related Terms

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Digital World Acquisition (Digital World Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Digital World Acquisition Corp (NAS:DWAC) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

DWACW:USA

Address

3109 Grand Avenue, No 450, Miami, FL, USA, 33133

Website

Digital World Acquisition Corp is a blank check company.

Executives

Plc Barclays	10 percent owner	1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Patrick Francis Orlando	director, 10 percent owner, officer: CEO and Chairman	212 E 48TH STREET - PHB, NEW YORK NY 10017
Justin Shaner	director	2000 S BAYSHORE DR, UNIT 20, MIAMI FL 33133
Eric Swider	director	2000 S BAYSHORE DR, UNIT 20, MIAMI FL 33133
Rodrigo Veloso	director	78 SW 7TH STREET, MIAMI FL 33130
Bruce J. Garelick	director	78 SW 7TH STREET, MIAMI FL 33130
Jacobson Montie	director	78 SW 7TH STREET, MIAMI FL 33130
Luiz Orleans-braganza	officer: Chief Financial Officer	78 SW 7TH STREET, MIAMI FL 33130
Arc Global Investments Ii Llc	10 percent owner	78 SW 7TH STREET, MIAMI FL 33130