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CF Acquisition VIII (CF Acquisition VIII) Effective Interest Rate on Debt % : 8.66% (As of Sep. 2023)


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What is CF Acquisition VIII 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. CF Acquisition VIII's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.84 Mil. CF Acquisition VIII's average total debt for the quarter that ended in Sep. 2023 was $9.70 Mil. Therefore, CF Acquisition VIII's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 8.66%.


CF Acquisition VIII Effective Interest Rate on Debt % Historical Data

The historical data trend for CF Acquisition VIII'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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CF Acquisition VIII Effective Interest Rate on Debt % Chart

CF Acquisition VIII Annual Data
Trend Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
- - 23.60

CF Acquisition VIII Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.67 17.86 26.70 - 8.66

Competitive Comparison of CF Acquisition VIII's Effective Interest Rate on Debt %

For the Shell Companies subindustry, CF Acquisition VIII'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.


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

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

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



CF Acquisition VIII Effective Interest Rate on Debt % Calculation

CF Acquisition VIII'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  *  -1.054/( (0.734+8.2)/ 2 )
=-1  *  -1.054/4.467
=23.60 %

where

CF Acquisition VIII'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  *  -0.84/( (9.491+9.906)/ 2 )
=-1  *  -0.84/9.6985
=8.66 %

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


CF Acquisition VIII  (NAS:CFFEW) Effective Interest Rate on Debt % Explanation

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


CF Acquisition VIII Effective Interest Rate on Debt % Related Terms

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CF Acquisition VIII (CF Acquisition VIII) Business Description

Traded in Other Exchanges
N/A
Address
110 East 59th Street, New York, NY, USA, 10022
Website
CF Acquisition Corp VIII is a blank check company.

CF Acquisition VIII (CF Acquisition VIII) Headlines