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Lefteris Acquisition (Lefteris Acquisition) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2022)


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What is Lefteris 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. Lefteris Acquisition's annualized positive value of Interest Expense for the quarter that ended in Jun. 2022 was $0.00 Mil. Lefteris Acquisition's average total debt for the quarter that ended in Jun. 2022 was $0.48 Mil. Therefore, Lefteris Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 was 0.00%.

Lefteris Acquisition Effective Interest Rate on Debt % Historical Data

The historical data trend for Lefteris 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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Lefteris Acquisition Effective Interest Rate on Debt % Chart

Lefteris Acquisition Annual Data
Trend Dec20 Dec21
Effective Interest Rate on Debt %
- -

Lefteris Acquisition Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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Competitive Comparison of Lefteris Acquisition's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Lefteris 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.

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

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

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


Lefteris Acquisition Effective Interest Rate on Debt % Calculation

Lefteris Acquisition'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+0)/ 1 )
=-1  *  0/0
=N/A %

where

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

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

Lefteris Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2022 )+Total Debt  (Q: Jun. 2022 ))/ count )
=-1  *  0/( (0.475+0)/ 1 )
=-1  *  0/0.475
=0.00 %

where

Total Debt  (Q: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.475
=0.475

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

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

Lefteris Acquisition  (NAS:LFTRU) Effective Interest Rate on Debt % Explanation

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

Lefteris Acquisition Effective Interest Rate on Debt % Related Terms

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Lefteris Acquisition (Lefteris Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Lefteris Acquisition Corp (NAS:LFTRU) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
CDAQ ENER DLCA DWIN BIOT OCA SHCA FRW IQMD WAVC GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
292 Newbury Street, Suite 293, Boston, MA, USA, 02115
Website
Lefteris Acquisition Corp is a blank check company.
Executives
Asiff S Hirji director 250 FAIR OAKS STREET, SAN FRANCISCO CA 94110
Mark S Casady director, 10 percent owner, officer: Chairman of the Board C/O ONE BEACON STREET, 22ND FLOOR, BOSTON MA 02108
Jon D Isaacson officer: Chief Financial Officer 292 NEWBURY STREET, SUITE 293, BOSTON MA 02115
Karl A Roessner director, officer: Chief Executive Officer C/O E*TRADE FINANCIAL CORP., 11 TIMES SQUARE, 32ND FLOOR, NEW YORK NY 10036-9992
David P. Bergers officer: General Counsel 75 STATE STREET, 23RD FLOOR, BOSTON MA 02109
Ryan Parker director C/O LPL FINANCIAL HOLDINGS, INC., 75 STATE STREET, 24TH FLOOR, BOSTON MA 02109
Charles Roame director 1735 TIBURON BOULEVARD, TIBURON CA 94920
Lefteris Holdings Llc 10 percent owner 292 NEWBURY STREET, SUITE 293, BOSTON MA 02115
April Rudin director 292 NEWBURY STREET, SUITE 293, BOSTON MA 02115

Lefteris Acquisition (Lefteris Acquisition) Headlines

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Lefteris Acquisition Corp. Announces the Separate Trading of its Shares of Class A Common Stock and Redeemable Warrants Commencing December 15, 2020

By PRNewswire PRNewswire • 12-12-2020