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ContextLogic (ContextLogic) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is ContextLogic 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. ContextLogic's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.0 Mil. ContextLogic's average total debt for the quarter that ended in Dec. 2023 was $6.5 Mil. Therefore, ContextLogic's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


ContextLogic Effective Interest Rate on Debt % Historical Data

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

ContextLogic Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
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ContextLogic Quarterly Data
Dec17 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of ContextLogic's Effective Interest Rate on Debt %

For the Internet Retail subindustry, ContextLogic'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.


ContextLogic's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, ContextLogic's Effective Interest Rate on Debt % distribution charts can be found below:

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



ContextLogic Effective Interest Rate on Debt % Calculation

ContextLogic'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/( (13+6)/ 2 )
=-1  *  0/9.5
=0.00 %

where

ContextLogic'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/( (7+6)/ 2 )
=-1  *  0/6.5
=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.


ContextLogic  (NAS:WISH) Effective Interest Rate on Debt % Explanation

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


ContextLogic Effective Interest Rate on Debt % Related Terms

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ContextLogic (ContextLogic) Business Description

Traded in Other Exchanges
Address
One Sansome Street, 33rd Floor, San Francisco, CA, USA, 94104
ContextLogic Inc is an online shopping store. The store provides personalized products, clothing products, accessories, gaming products and equipment, cosmetics, plastic products, mobile covers, and other products. Geographically, it derives a majority of revenue from Europe and also has a presence in North America; South America, and other countries.
Executives
Jerry Louis officer: Chief Technology Officer ONE SANSOME STREET, 33RD FLOOR, SAN FRANCISCO CA 94104
Stephanie Tilenius director C/O IRONPLANET, INC., 4695 CHABOT DRIVE, SUITE 102, PLEASANTON CA 94588
Mauricio Monico officer: Chief Product Officer ONE SANSOME STREET 33RD FLOOR, SAN FRANCISCO CA 94104
Jun Yan officer: CEO ONE SANSOME STREET, 33RD FLOOR, SAN FRANCISCO CA 94104
Ying Vivian Liu officer: CFO and COO ONE SANSOME STREET 33RD FLOOR, SAN FRANCISCO CA 94104
Lawrence M Kutscher director ONE DIAMOND HILL RD, MURRAY HILL NJ 07974
Brett Just officer: SVP, Finance ONE SANSOME STREET 40TH FLOOR, SAN FRANCISCO CA 94104
Shuyan (rachel) Wang officer: Head of Data Science ONE SANSOME STREET 33RD FLOOR, SAN FRANCISCO CA 94104
Tarun Kumar Jain officer: Chief Product Officer ONE SANSOME STREET 40TH FLOOR, SAN FRANCISCO CA 94104
Vijay Talwar director, officer: Chief Executive Officer 705 FIFTH AVENUE SOUTH, SUITE 900, SEATTLE WA 98104
Piotr Szulczewski director, 10 percent owner, officer: Founder, CEO, and Chairperson ONE SANSOME STREET 40TH FLOOR, SAN FRANCISCO CA 94104
Hans Tung director 3000 SAND HILL ROAD, BUILDING 4, SUITE 230, MENLO PARK CA 94025
Pai Liu officer: Vice President of Data Science ONE SANSOME STREET 40TH FLOOR, SAN FRANCISCO CA 94104
Devang Shah officer: General Counsel and Secretary 699 8TH STREET, SAN FRANCISCO CA 94103
Hamid Reza Kassaei officer: Chief Technology Officer ONE SANSOME STREET 40TH FLOOR, SAN FRANCISCO CA 94104