bleuacacia (bleuacacia) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)

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What is bleuacacia 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. bleuacacia's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.00 Mil. bleuacacia's average total debt for the quarter that ended in Mar. 2024 was $1.07 Mil. Therefore, bleuacacia's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.

bleuacacia Effective Interest Rate on Debt % Historical Data

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

bleuacacia Annual Data

Trend

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

bleuacacia Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Competitive Comparison of bleuacacia's Effective Interest Rate on Debt %

For the Shell Companies subindustry, bleuacacia'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.

bleuacacia's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

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

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

bleuacacia Effective Interest Rate on Debt % Calculation

bleuacacia'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	/	( (0.3	+	0.899)	/ 2 )
=	-1 * 0	/	0.5995
=	0.00 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.3	+	0
=	0.3

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.899	+	0
=	0.899

bleuacacia's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * 0	/	( (0.899	+	1.249)	/ 2 )
=	-1 * 0	/	1.074
=	0.00 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.899	+	0
=	0.899

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.249	+	0
=	1.249

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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

bleuacacia (NAS:BLEU) Effective Interest Rate on Debt % Explanation

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

bleuacacia Effective Interest Rate on Debt % Related Terms

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bleuacacia (bleuacacia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » bleuacacia ltd (NAS:BLEU) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 Fifth Avenue, New York, NY, USA, 10110

Website

https://www.acacia.blue

bleuacacia ltd is a blank check company. The company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Kat Peeler	director	64 EAST 126TH STREET, #3, NEW YORK NY 10035
Jide James Zeitlin	director, officer: Co-CEO and Co-Chairman	THE KEFFI GROUP, 767 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10153
Lew Frankfort	director, officer: Co-CEO and Co-Chairman	COACH, 516 W. 34TH ST., NEW YORK NY 10001
Charles Mcguigan	director, officer: COO, President and Director	THREE LIMITED PARKWAY, COLUMBUS OH 43230
Natara Holloway	director	GOLDEN BEAR PLAZA, 11760 US HIGHWAY 1, SUITE W506, NORTH PALM BEACH FL 33408
Bleuacacia Sponsor Llc	10 percent owner	500 FIFTH AVENUE, 44TH FLOOR, NEW YORK NY 10110
Tom Northover	director, officer: Executive Director	500 FIFTH AVENUE, NEW YORK NY 10110
Ibukun Awosika	director	500 FIFTH AVENUE, C/O THE KEFFI GROUP LTD., NEW YORK NY 10110

bleuacacia (bleuacacia) Headlines

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