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Chenghe Acquisition Co (Chenghe Acquisition Co) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2023)


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What is Chenghe Acquisition Co 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. Chenghe Acquisition Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.00 Mil. Chenghe Acquisition Co's average total debt for the quarter that ended in Sep. 2023 was $0.10 Mil. Therefore, Chenghe Acquisition Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.00%.


Chenghe Acquisition Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Chenghe Acquisition Co'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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Chenghe Acquisition Co Effective Interest Rate on Debt % Chart

Chenghe Acquisition Co Annual Data
Trend Dec21 Dec22
Effective Interest Rate on Debt %
- -

Chenghe Acquisition Co Quarterly Data
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 - - - - -

Competitive Comparison of Chenghe Acquisition Co's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Chenghe Acquisition Co'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.


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

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

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



Chenghe Acquisition Co Effective Interest Rate on Debt % Calculation

Chenghe Acquisition Co'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  *  0/( (0.192+0)/ 1 )
=-1  *  0/0.192
=0.00 %

where

Chenghe Acquisition Co'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/( (0+0.1)/ 1 )
=-1  *  0/0.1
=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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Chenghe Acquisition Co  (NAS:CHEA) Effective Interest Rate on Debt % Explanation

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


Chenghe Acquisition Co Effective Interest Rate on Debt % Related Terms

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Chenghe Acquisition Co (Chenghe Acquisition Co) Business Description

Traded in Other Exchanges
N/A
Address
38 Beach Road No.29-11, South Beach Tower, Singapore, SGP, 189767
Website
Chenghe Acquisition Co is a newly incorporated blank check formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar Business Combination with one or more businesses.
Executives
Robert D Ewing director PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Qi Li director, 10 percent owner C/O SAPPHIRE QI LI, ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000
Chenghe Investment Co. director, 10 percent owner 4/F, ST. JOHN'S BUILDING, 33 GARDEN ROAD, CENTRAL K3 00000
Zhiyang Zhou officer: Chief Financial Officer 4/F, ST. JOHN'S BUILDING, 33 GARDEN ROAD, CENTRAL K3 00000
Shibin Wang director, officer: Chief Executive Officer 4/F, ST. JOHN'S BUILDING, 33 GARDEN ROAD, CENTRAL K3 00000
Kwan Sun director 4/F, ST. JOHN'S BUILDING, 33 GARDEN ROAD, CENTRAL K3 999077
Ning Ma director 4/F, ST. JOHN'S BUILDING, 33 GARDEN ROAD, CENTRAL K3 999077

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