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Authentic Equity Acquisition (Authentic Equity Acquisition) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2022)


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What is Authentic Equity 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. Authentic Equity Acquisition's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was $0.00 Mil. Authentic Equity Acquisition's average total debt for the quarter that ended in Sep. 2022 was $0.03 Mil. Therefore, Authentic Equity Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 0.00%.


Authentic Equity Acquisition Effective Interest Rate on Debt % Historical Data

The historical data trend for Authentic Equity 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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Authentic Equity Acquisition Effective Interest Rate on Debt % Chart

Authentic Equity Acquisition Annual Data
Trend Dec20 Dec21
Effective Interest Rate on Debt %
- 723.71

Authentic Equity Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Authentic Equity Acquisition's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Authentic Equity 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.


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

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

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



Authentic Equity Acquisition Effective Interest Rate on Debt % Calculation

Authentic Equity 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: Dec. 2020 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  -0.702/( (0.097+0)/ 1 )
=-1  *  -0.702/0.097
=723.71 %

where

Authentic Equity 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/( (0+0.025)/ 1 )
=-1  *  0/0.025
=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.


Authentic Equity Acquisition  (NAS:AEAC) Effective Interest Rate on Debt % Explanation

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


Authentic Equity Acquisition Effective Interest Rate on Debt % Related Terms

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Authentic Equity Acquisition (Authentic Equity Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
32 Elm Place, 2nd Floor, Rye, NY, USA, 10580
Authentic Equity Acquisition Corp is a blank check company.
Executives
Robert Ernst director 32 ELM PLACE, 2ND FLOOR, RYE NY 10580
Todd Khoury director, officer: Chief Financial Officer 245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167
Michael Feder Weinstein director 8111 SMITH'S MILL ROAD, NEW ALBANY OH 43054
Thomas J Flocco director, officer: President and COO 256 SHERIDAN ROAD, WINNETKA IL 60093
Timothy P O'connor director C/O LOJACK CORPORATION, WESTWOOD MA 020090
Authentic Equity Sponsor Llc 10 percent owner 32 ELM PLACE, 2ND FLOOR, RYE NY 10580
Kathleen Griffin Stack director C/O AUTHENTIC EQUITY, 32 ELM PLACE, 2ND FLOOR, RYE NY 10580
David Hooper director, officer: Chairman and CEO C/O AUTHENTIC EQUITY, 32 ELM PLACE, 2ND FLOOR, RYE NY 10580
Joseph Andrew Baker director C/O AUTHENTIC EQUITY, 32 ELM PLACE, 2ND FLOOR, RYE NY 10580