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Marlin Technology (Marlin Technology) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2022)


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What is Marlin Technology 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. Marlin Technology's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was $0.00 Mil. Marlin Technology's average total debt for the quarter that ended in Sep. 2022 was $0.66 Mil. Therefore, Marlin Technology's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 0.00%.

Marlin Technology Effective Interest Rate on Debt % Historical Data

The historical data trend for Marlin Technology'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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Marlin Technology Effective Interest Rate on Debt % Chart

Marlin Technology Annual Data
Trend Dec20 Dec21
Effective Interest Rate on Debt %
- -

Marlin Technology Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Marlin Technology's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Marlin Technology'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.

Marlin Technology's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

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

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


Marlin Technology Effective Interest Rate on Debt % Calculation

Marlin Technology'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/( (0.146+0.254)/ 2 )
=-1  *  0/0.2
=0.00 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.146
=0.146

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.254
=0.254

Marlin Technology'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  *  0/( (0.638+0.689)/ 2 )
=-1  *  0/0.6635
=0.00 %

where

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.638
=0.638

Total Debt  (Q: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.689
=0.689

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

Marlin Technology  (NAS:FINM) Effective Interest Rate on Debt % Explanation

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

Marlin Technology Effective Interest Rate on Debt % Related Terms

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Marlin Technology (Marlin Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Marlin Technology Corp (NAS:FINM) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
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Traded in Other Exchanges
N/A
Address
338 Pier Avenue, Hermosa Beach, CA, USA, 90254
Website
https://www.marlintechcorp.com
Marlin Technology Corp is a blank check company.
Executives
Donna Sayce Troy director 338 PIER AVENUE, HERMOSA BEACH CA 90254
Robert Youngjohns director C/O CALLIDUS SOFTWARE, 160 WEST SANTA CLARA STREET, SAN JOSE CA 95113
David A Donatelli director 176 SOUTH ST., HOPKINTON MA 01748
Marlin Technology Holdings, Llc 10 percent owner 338 PIER AVENUE, HERMOSA BEACH CA 90254
Nicholas M. Kaiser director, officer: Chief Executive Officer 338 PIER AVENUE, HERMOSA BEACH CA 90254
Peter B. Spasov director 338 PIER AVENUE, HERMOSA BEACH CA 90254
Michael Nutting director, officer: Chief Financial Officer 338 PIER AVENUE, HERMOSA BEACH CA 90254