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TSPH (CreateAI Holdings) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2023)


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What is CreateAI Holdings 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. CreateAI Holdings's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.00 Mil. CreateAI Holdings's average total debt for the quarter that ended in Sep. 2023 was $48.41 Mil. Therefore, CreateAI Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.00%.


CreateAI Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for CreateAI Holdings'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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CreateAI Holdings Effective Interest Rate on Debt % Chart

CreateAI Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
- - - - -

CreateAI Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of CreateAI Holdings's Effective Interest Rate on Debt %

For the Software - Application subindustry, CreateAI Holdings'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.


CreateAI Holdings's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, CreateAI Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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


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CreateAI Holdings Effective Interest Rate on Debt % Calculation

CreateAI Holdings'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/( (10.705+53.489)/ 2 )
=-1  *  0/32.097
=0.00 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.415 + 2.29
=10.705

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=45.837 + 7.652
=53.489

CreateAI Holdings'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/( (49.362+47.45)/ 2 )
=-1  *  0/48.406
=0.00 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=41.477 + 7.885
=49.362

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=39.898 + 7.552
=47.45

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


CreateAI Holdings  (OTCPK:TSPH) Effective Interest Rate on Debt % Explanation

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


CreateAI Holdings Effective Interest Rate on Debt % Related Terms

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CreateAI Holdings Business Description

Industry
Traded in Other Exchanges
N/A
Address
9191 Towne Centre Drive, Suite 150, San Diego, CA, USA, 92122
CreateAI Holdings Inc is a technology company focused on applied artificial intelligence by leveraging research and integrating its solutions with end-market applications to deliver tangible commercial. It has developed AI solutions for autonomous trucking.
Executives
Eric R Tapia officer: See Remarks 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Cheng Lu director, officer: See Remarks 9191 TOWNE CENTRE DRIVE STE 600, SAN DIEGO CA 92122
J. Tyler Mcgaughey director 9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO CA 92122
Zhen Tao director 9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO CA 92122
Wendy Hayes director 9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO CA 92122
Michael G. Mosier director 9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO CA 92122
Lu James Fu Bin director C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Mehmet Ersin Yumer officer: See Remarks 9191 TOWNE CENTRE DRIVE STE 600, SAN DIEGO CA 92122
James Mullen officer: See Remarks 9191 TOWNE CENTRE DRIVE STE 600, SAN DIEGO CA 92122
Patrick Dillon officer: Chief Financial Officer 9191 TOWNE CENTRE DRIVE STE 600, SAN DIEGO CA 92122
Reed Werner director 9191 TOWNE CENTRE DRIVE STE 600, SAN DIEGO CA 92122
Brad W Buss director 198 CHAMPION COURT, SAN JOSE CA 95134
Michelle M Sterling director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
White Marble Llc 10 percent owner 9191 TOWNE CENTRE DRIVE STE 600, SAN DIEGO CA 92122
Charles Guowei Chao director, 10 percent owner