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FirstMark Horizon Acquisition (FirstMark Horizon Acquisition) Effective Interest Rate on Debt % : 0.00% (As of Aug. 2020)


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What is FirstMark Horizon Acquisition 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. FirstMark Horizon Acquisition's annualized positive value of Interest Expense for the quarter that ended in Aug. 2020 was $ Mil. FirstMark Horizon Acquisition's average total debt for the quarter that ended in Aug. 2020 was $ Mil. Therefore, FirstMark Horizon Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2020 was %.

FirstMark Horizon Acquisition Effective Interest Rate on Debt % Historical Data

The historical data trend for FirstMark Horizon Acquisition'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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FirstMark Horizon Acquisition Effective Interest Rate on Debt % Chart

FirstMark Horizon Acquisition Annual Data
Trend Dec20
Effective Interest Rate on Debt %
-

FirstMark Horizon Acquisition Semi-Annual Data
Aug20
Effective Interest Rate on Debt % -

Competitive Comparison of FirstMark Horizon Acquisition's Effective Interest Rate on Debt %

For the Shell Companies subindustry, FirstMark Horizon Acquisition'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.

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

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

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


FirstMark Horizon Acquisition Effective Interest Rate on Debt % Calculation

FirstMark Horizon Acquisition's annualized Effective Interest Rate on Debt % for the fiscal year that ended in . 20 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: . 20 )+Total Debt  (A: . 20 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Total Debt  (A: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

Total Debt  (A: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

FirstMark Horizon Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: . 20 )+Total Debt  (Q: Aug. 2020 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Total Debt  (Q: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

Total Debt  (Q: Aug. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

* 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 one times the annual (Aug. 2020) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

FirstMark Horizon Acquisition  (NYSE:FMAC) Effective Interest Rate on Debt % Explanation

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

FirstMark Horizon Acquisition Effective Interest Rate on Debt % Related Terms

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FirstMark Horizon Acquisition (FirstMark Horizon Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FirstMark Horizon Acquisition Corp (NYSE:FMAC) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
TCVA VGII IMPX PDOT PACX EPHY COOL CTAQ TLGA FCAX GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
100 5th Avenue, 3rd Floor, New York, NY, USA, 10011
Website
https://www.firstmarkhorizon.com
FirstMark Horizon Acquisition Corp is a blank check company.
Executives
Luis A Ubinas director 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065-1175
Jason Robins director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Frederick Ball director C/O MARKETO, INC., 901 MARINER'S ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Richard R Heitzmann director, officer: CEO 500 NYALA FARM ROAD, WESTPORT CT 06880
Amish A Jani director, officer: President
Firstmark Horizon Sponsor Llc director, 10 percent owner 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Allison Goldberg director C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Daniel Gaisin officer: Chief Financial Officer C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Eric D. Cheung officer: Secretary C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011