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Legato Merger III (Legato Merger III) Effective Interest Rate on Debt % : 0.00% (As of Nov. 2023)


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What is Legato Merger III 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. Legato Merger III's annualized positive value of Interest Expense for the quarter that ended in Nov. 2023 was $ Mil. Legato Merger III's average total debt for the quarter that ended in Nov. 2023 was $ Mil. Therefore, Legato Merger III's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 was %.


Legato Merger III Effective Interest Rate on Debt % Historical Data

The historical data trend for Legato Merger III'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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Legato Merger III Effective Interest Rate on Debt % Chart

Legato Merger III Annual Data
Trend
Effective Interest Rate on Debt %

Legato Merger III Quarterly Data
Nov23
Effective Interest Rate on Debt % -

Competitive Comparison of Legato Merger III's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Legato Merger III'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.


Legato Merger III's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Legato Merger III's Effective Interest Rate on Debt % falls into.



Legato Merger III Effective Interest Rate on Debt % Calculation

Legato Merger III'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

Legato Merger III's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: . 20 )+Total Debt  (Q: Nov. 2023 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

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


Legato Merger III  (AMEX:LEGT) Effective Interest Rate on Debt % Explanation

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


Legato Merger III Effective Interest Rate on Debt % Related Terms

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Legato Merger III (Legato Merger III) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
777 Third Avenue, 37th Floor, New York, NY, USA, 10017
Website
Legato Merger Corp III is a blank check company.

Legato Merger III (Legato Merger III) Headlines

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