ILLU (Illumination Acquisition I) Effective Interest Rate on Debt %: 0.00% (As of May. 2026)

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ILLU Illumination Acquisition Corp I ILLU
13 GF Score
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What is Illumination Acquisition I Effective Interest Rate on Debt %?

Illumination Acquisition I ILLU 13 Effective Interest Rate on Debt % is 0.00% as of May. 2026. GuruFocus rates ILLU with a GF Score™ of 13/100.

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. Illumination Acquisition I's annualized positive value of Interest Expense for the quarter that ended in May. 2026 was $0.00 Mil. Illumination Acquisition I's average total debt for the quarter that ended in May. 2026 was $0.17 Mil. Therefore, Illumination Acquisition I's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2026 was 0.00%.


Illumination Acquisition I  (NAS:ILLU) Effective Interest Rate on Debt % Explanation

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


Illumination Acquisition I Effective Interest Rate on Debt % Related Terms


Illumination Acquisition I Effective Interest Rate on Debt % Historical Data

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The historical data trend for Illumination 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.

Illumination Acquisition I Effective Interest Rate on Debt % Chart

Illumination Acquisition I Annual Data
Trend Nov25
Effective Interest Rate on Debt %
0.00

Illumination Acquisition I Quarterly Data
Nov25 Feb26 May26
Effective Interest Rate on Debt % 0.00 0.00 0.00

ILLU vs LEGO, SVIV, AACO: Effective Interest Rate on Debt % Comparison

For the Shell Companies subindustry, Illumination 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.


Illumination Acquisition I Effective Interest Rate on Debt % vs Diversified Financial Services Industry

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

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


ILLU
13GF Score
Illumination Acquisition Corp I ILLU
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Illumination Acquisition I Effective Interest Rate on Debt % Calculation

Illumination Acquisition I's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: . 20 )+Total Debt  (A: Nov. 2025 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Illumination Acquisition I's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Feb. 2026 )+Total Debt  (Q: May. 2026 ))/ count )
=-1  *  0/( (0.174+0)/ 1 )
=-1  *  0/0.174
=0.00 %

where

* 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 (May. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 0.00% mean?
Illumination Acquisition I (ILLU) has a Effective Interest Rate on Debt % of 0.00% as of May. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Illumination Acquisition I and its competitors.
Is Illumination Acquisition I's Effective Interest Rate on Debt % too high?
Illumination Acquisition I's current Effective Interest Rate on Debt % is 0.00%. Overall, Illumination Acquisition I has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Illumination Acquisition I's Effective Interest Rate on Debt % compare to LEGO and SVIV?
Illumination Acquisition I's Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Diversified Financial Services company?
A good Effective Interest Rate on Debt % depends on the Diversified Financial Services industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Illumination Acquisition I and its competitors. Illumination Acquisition I's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Illumination Acquisition I stock overvalued right now?
Illumination Acquisition I (ILLU) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. Illumination Acquisition I's overall GF Score™ is 13/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Illumination Acquisition I (ILLU), the current Effective Interest Rate on Debt % is 0.00% as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Illumination Acquisition I Business Description

Address 570 Lexington Avenue, 40th Floor, New York, NY, USA, 10022
Illumination Acquisition Corp I is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
13GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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