Freedom Acquisition I (Freedom Acquisition I) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Freedom Acquisition I 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. Freedom Acquisition I's annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was $0.00 Mil. Freedom Acquisition I's average total debt for the quarter that ended in Mar. 2023 was $1.80 Mil. Therefore, Freedom Acquisition I's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 0.00%.

Freedom Acquisition I Effective Interest Rate on Debt % Historical Data

The historical data trend for Freedom Acquisition I'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.

* Premium members only.

Freedom Acquisition I Effective Interest Rate on Debt % Chart

Freedom Acquisition I Annual Data

Trend

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

Freedom Acquisition I Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					-	-	-	-	-

Competitive Comparison of Freedom Acquisition I's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Freedom Acquisition I'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.

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

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

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

Freedom Acquisition I Effective Interest Rate on Debt % Calculation

Freedom Acquisition I'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	+	0.829)	/ 1 )
=	-1 * 0	/	0.829
=	0.00 %

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	+	0.829
=	0.829

Freedom Acquisition I's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Mar. 2023 ))	/ count )
=	-1 * 0	/	( (0.829	+	2.774)	/ 2 )
=	-1 * 0	/	1.8015
=	0.00 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.829
=	0.829

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.774
=	2.774

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

Freedom Acquisition I (NYSE:FACT) Effective Interest Rate on Debt % Explanation

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

Freedom Acquisition I Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Freedom Acquisition I's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Freedom Acquisition I (Freedom Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Freedom Acquisition I Corp (NYSE:FACT) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 Wall Street, 20th Floor, New York, NY, USA, 10005

Website

https://www.freedomac1.com

Freedom Acquisition I Corp is a blank check company.

Executives

David John Anderson	director, officer: CMO; EVP Strategic Partnership	C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Vikas Desai	officer: President; GM Business Units	C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Thurman J Rodgers	director, 10 percent owner	535 EASTVIEW WAY, WOODSIDE CA 94062
William James Anderson	director, officer: Chief Executive Officer	C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Arnaud Lepert	officer: Chief Operating Officer	C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Devin Whatley	director	C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Brian Wuebbels	officer: Chief Financial Officer	C/O MEMC ELECTRONIC MATERIALS, INC., 501 PEARL DRIVE, ST. PETERS MO 63376
Ronald J Pasek	director	101 INNOVATION DRIVE, SAN JOSE CA 95134
Antonio R Alvarez	director	3901 N. FIRST ST., SAN JOSE CA 95134
Edward Qiang Zeng	director	14 WALL STREET, 20TH FLOOR, NEW YORK NY 100005
Nell Cady-kruse	director	C/O VARAGON CAPITAL CORPORATION, 299 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10171
David Poritz	director	14 WALL STREET, 20TH FLOOR, NEW YORK NY 10005
Adam Gishen	officer: Chief Executive Officer	14 WALL STREET, 20TH FLOOR, NEW YORK NY 10005
Freedom Acquisition I Llc	10 percent owner	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Tidjane Thiam	director	C/O TWENTY-FIRST CENTURY FOX, INC., NEW YORK NY 10036