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DiamondHead Holdings (DiamondHead Holdings) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2022)


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What is DiamondHead Holdings 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. DiamondHead Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was $0.00 Mil. DiamondHead Holdings's average total debt for the quarter that ended in Dec. 2022 was $0.20 Mil. Therefore, DiamondHead Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 0.00%.

DiamondHead Holdings Effective Interest Rate on Debt % Historical Data

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

DiamondHead Holdings Annual Data
Trend Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
- - 1.96

DiamondHead Holdings Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of DiamondHead Holdings's Effective Interest Rate on Debt %

For the Shell Companies subindustry, DiamondHead Holdings'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.

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

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

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


DiamondHead Holdings Effective Interest Rate on Debt % Calculation

DiamondHead Holdings'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  *  -0.004/( (0+0.204)/ 1 )
=-1  *  -0.004/0.204
=1.96 %

where

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

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.204
=0.204

DiamondHead Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2022 )+Total Debt  (Q: Dec. 2022 ))/ count )
=-1  *  0/( (0+0.204)/ 1 )
=-1  *  0/0.204
=0.00 %

where

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

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.204
=0.204

* 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 (Dec. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

DiamondHead Holdings  (NAS:DHHCU) Effective Interest Rate on Debt % Explanation

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

DiamondHead Holdings Effective Interest Rate on Debt % Related Terms

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DiamondHead Holdings (DiamondHead Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » DiamondHead Holdings Corp (NAS:DHHCU) » Definitions » Effective Interest Rate on Debt %
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Traded in Other Exchanges
N/A
Address
250 Park Avenue, 7th Floor, New York, NY, USA, 10177
Website
DiamondHead Holdings Corp is a blank check company.
Executives
Micenko John G. Jr. officer: President 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Erin Reeves Mcginnis officer: GC and Corp. Sec. 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Jason A. Enoch director 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Michael P. Nieri director, 10 percent owner, officer: Chairman, CEO, and President 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Twine Ray Shelton Iii 10 percent owner, officer: Chief Operating Officer 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Robert F. Dozier director 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Pennington W. Nieri 10 percent owner 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Stephen C. Lenker officer: Exec. VP, G.C., & Corp. Sec. 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
O'grady Clive R.g. director, officer: Chief Administrative Officer 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Eric S. Bland director 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Penny Robert Earl Jr. officer: Executive VP - Sales 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Conversant Opportunity Master Fund Lp director 90 PARK AVENUE, 32ND FLOOR, NEW YORK NY 10016
Pwn Trust 2018 Dated 7/17/2018 10 percent owner 90 N ROYAL TOWER DRIVE, IRMO SC 29063
Pmn Trust 2018 Dated 7/17/2018 10 percent owner 90 N ROYAL TOWER DRIVE, IRMO SC 29063
Patrick Michael Nieri 10 percent owner 90 N ROYAL TOWER DRIVE, IRMO SC 29063