EdtechX Holdings Acquisition (EdtechX Holdings Acquisition) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2019)

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What is EdtechX Holdings 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. EdtechX Holdings Acquisition's annualized positive value of Interest Expense for the quarter that ended in Dec. 2019 was $0.00 Mil. EdtechX Holdings Acquisition's average total debt for the quarter that ended in Dec. 2019 was $0.27 Mil. Therefore, EdtechX Holdings Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2019 was 0.00%.

EdtechX Holdings Acquisition Effective Interest Rate on Debt % Historical Data

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

EdtechX Holdings Acquisition Annual Data

Trend

Dec18

Dec19

Effective Interest Rate on Debt %

EdtechX Holdings Acquisition Quarterly Data
	Jun18	Sep18	Mar19	Jun19	Sep19	Dec19
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Competitive Comparison of EdtechX Holdings Acquisition's Effective Interest Rate on Debt %

For the Shell Companies subindustry, EdtechX Holdings 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.

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

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

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

EdtechX Holdings Acquisition Effective Interest Rate on Debt % Calculation

EdtechX Holdings Acquisition's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2018 )	+	Total Debt (A: Dec. 2019 ))	/ count )
=	-1 * 0	/	( (0	+	0.27)	/ 1 )
=	-1 * 0	/	0.27
=	0.00 %

where

	Total Debt (A: Dec. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.27
=	0.27

EdtechX Holdings Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2019 )	+	Total Debt (Q: Dec. 2019 ))	/ count )
=	-1 * 0	/	( (0	+	0.27)	/ 1 )
=	-1 * 0	/	0.27
=	0.00 %

where

	Total Debt (Q: Sep. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.27
=	0.27

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. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

EdtechX Holdings Acquisition (NAS:EDTX) Effective Interest Rate on Debt % Explanation

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

EdtechX Holdings Acquisition Effective Interest Rate on Debt % Related Terms

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