AXAC (AXIOS Sustainable Growth Acquisition) Effective Interest Rate on Debt %: 0.00% (As of Sep. 2022)


AXAC AXIOS Sustainable Growth Acquisition Corp AXAC
22 GF Score
Price $10.43
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What is AXIOS Sustainable Growth Acquisition Effective Interest Rate on Debt %?

AXIOS Sustainable Growth Acquisition AXAC 22 Effective Interest Rate on Debt % is 0.00% as of Sep. 2022. GuruFocus rates AXAC with a GF Score™ of 22/100.

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. AXIOS Sustainable Growth Acquisition's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was $0.00 Mil. AXIOS Sustainable Growth Acquisition's average total debt for the quarter that ended in Sep. 2022 was $0.23 Mil. Therefore, AXIOS Sustainable Growth Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 0.00%.


AXIOS Sustainable Growth Acquisition  (OTCPK:AXAC) Effective Interest Rate on Debt % Explanation

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


AXIOS Sustainable Growth Acquisition Effective Interest Rate on Debt % Related Terms


AXIOS Sustainable Growth Acquisition Effective Interest Rate on Debt % Historical Data

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The historical data trend for AXIOS Sustainable Growth 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.

AXIOS Sustainable Growth Acquisition Effective Interest Rate on Debt % Chart

AXIOS Sustainable Growth Acquisition Annual Data
Trend Dec21
Effective Interest Rate on Debt %
0.00

AXIOS Sustainable Growth Acquisition Quarterly Data
Dec21 Mar22 Jun22 Sep22
Effective Interest Rate on Debt % 0.00 0.00 0.00 0.00

AXAC vs CENQ, TPBA, ISAA: Effective Interest Rate on Debt % Comparison

For the Shell Companies subindustry, AXIOS Sustainable Growth 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.


AXIOS Sustainable Growth Acquisition Effective Interest Rate on Debt % vs Diversified Financial Services Industry

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

* The bar in red indicates where AXIOS Sustainable Growth Acquisition's Effective Interest Rate on Debt % falls into.


AXAC
22GF Score
AXIOS Sustainable Growth Acquisition Corp AXAC
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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AXIOS Sustainable Growth Acquisition Effective Interest Rate on Debt % Calculation

AXIOS Sustainable Growth 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: . 20 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

AXIOS Sustainable Growth 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/( (0.33+0.134)/ 2 )
=-1  *  0/0.232
=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.

What does a Effective Interest Rate on Debt % of 0.00% mean?
AXIOS Sustainable Growth Acquisition (AXAC) has a Effective Interest Rate on Debt % of 0.00% as of Sep. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on AXIOS Sustainable Growth Acquisition and its competitors.
Is AXIOS Sustainable Growth Acquisition's Effective Interest Rate on Debt % too high?
AXIOS Sustainable Growth Acquisition's current Effective Interest Rate on Debt % is 0.00%. Overall, AXIOS Sustainable Growth Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does AXIOS Sustainable Growth Acquisition's Effective Interest Rate on Debt % compare to CENQ and TPBA?
AXIOS Sustainable Growth Acquisition's Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Diversified Financial Services company?
A good Effective Interest Rate on Debt % depends on the Diversified Financial Services industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on AXIOS Sustainable Growth Acquisition and its competitors. AXIOS Sustainable Growth Acquisition's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AXIOS Sustainable Growth Acquisition stock overvalued right now?
AXIOS Sustainable Growth Acquisition (AXAC) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. AXIOS Sustainable Growth Acquisition's overall GF Score™ is 22/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For AXIOS Sustainable Growth Acquisition (AXAC), the current Effective Interest Rate on Debt % is 0.00% as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

AXIOS Sustainable Growth Acquisition Business Description

Address 14090, Hopewell Road, Hidden Pines Farm, Alpharetta, GA, USA, 3004
AXIOS Sustainable Growth Acquisition Corp is a blank check company.
22GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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