Dragoneer Growth Opportunities III (Dragoneer Growth Opportunities III) Effective Interest Rate on Debt % : 79.55% (As of Sep. 2022)

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What is Dragoneer Growth Opportunities III 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. Dragoneer Growth Opportunities III's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was $1.61 Mil. Dragoneer Growth Opportunities III's average total debt for the quarter that ended in Sep. 2022 was $2.03 Mil. Therefore, Dragoneer Growth Opportunities III's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 79.55%.

Dragoneer Growth Opportunities III Effective Interest Rate on Debt % Historical Data

The historical data trend for Dragoneer Growth Opportunities III'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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Dragoneer Growth Opportunities III Effective Interest Rate on Debt % Chart

Dragoneer Growth Opportunities III Annual Data

Trend

Dec20

Dec21

Effective Interest Rate on Debt %

162.38

Dragoneer Growth Opportunities III Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			381.88	190.04	128.61	98.19	79.55

Competitive Comparison of Dragoneer Growth Opportunities III's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Dragoneer Growth Opportunities III'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.

Dragoneer Growth Opportunities III's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Dragoneer Growth Opportunities III's Effective Interest Rate on Debt % falls into.

Dragoneer Growth Opportunities III Effective Interest Rate on Debt % Calculation

Dragoneer Growth Opportunities III'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 * -0.859	/	( (0.027	+	1.031)	/ 2 )
=	-1 * -0.859	/	0.529
=	162.38 %

where

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.027
=	0.027

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.031
=	1.031

Dragoneer Growth Opportunities III'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 * -1.612	/	( (1.825	+	2.228)	/ 2 )
=	-1 * -1.612	/	2.0265
=	79.55 %

where

	Total Debt (Q: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.825
=	1.825

	Total Debt (Q: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.228
=	2.228

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.

Dragoneer Growth Opportunities III (NAS:DGNU) Effective Interest Rate on Debt % Explanation

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

Dragoneer Growth Opportunities III Effective Interest Rate on Debt % Related Terms

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Dragoneer Growth Opportunities III (Dragoneer Growth Opportunities III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Dragoneer Growth Opportunities Corp III (NAS:DGNU) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Letterman Drive, Building D, Suite M-500, San Francisco, CA, USA, 94129

Website

https://www.dragoneergrowth.com

Dragoneer Growth Opportunities Corp III is a blank check company.

Executives

Jill Putman	director	100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
Janice Mau	director	DRAGONEER GROWTH OPPORTUNITIES CORP. III, ONE LETTERMAN DRIVE BLDG D, SUITE M500, SAN FRANCISCO CA 94129
Sarah Friar	director	C/O NEXTDOOR HOLDINGS, INC., 420 TAYLOR STREET, SAN FRANCISCO CA 94102
Marc Stad	director, 10 percent owner	ONE LETTERMAN DRIVE, BUILDING C, SUITE 3, SAN FRANCISCO CA 94129
Gokul Rajaram	director	301 CONGRESS AVENUE, SUITE 700, AUSTIN TX 78701
Jay Simons	director	25 FIRST STREET, 2ND FLOOR, CAMBRIDGE MA 02141
David D Ossip	director	C/O CERIDIAN HCM HOLDING INC., 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN 55425
Pat Robertson	director, officer: President and COO	1 LETTERMAN DRIVE, BUILDING D, SUITE M500, SAN FRANCISCO CA 94129
Christian Jensen	officer: Chief Executive Officer	1 LETTERMAN DRIVE, BUILDING D, SUITE M500, SAN FRANCISCO CA 94129
Dragoneer Growth Opportunities Holdings Iii	10 percent owner	1 LETTERMAN DRIVE, BUILDING D, SUITE M500, SAN FRANCISCO CA 94129

Dragoneer Growth Opportunities III (Dragoneer Growth Opportunities III) Headlines

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