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Murphy Canyon Acquisition (Murphy Canyon Acquisition) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2023)


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What is Murphy Canyon 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. Murphy Canyon Acquisition's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $0.00 Mil. Murphy Canyon Acquisition's average total debt for the quarter that ended in Jun. 2023 was $0.53 Mil. Therefore, Murphy Canyon Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 0.00%.

Murphy Canyon Acquisition Effective Interest Rate on Debt % Historical Data

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

Murphy Canyon Acquisition Annual Data
Trend Dec21 Dec22
Effective Interest Rate on Debt %
- -

Murphy Canyon Acquisition Quarterly Data
Nov21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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Competitive Comparison of Murphy Canyon Acquisition's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Murphy Canyon 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.

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

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

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


Murphy Canyon Acquisition Effective Interest Rate on Debt % Calculation

Murphy Canyon Acquisition's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  0/( (0.177+0)/ 1 )
=-1  *  0/0.177
=0.00 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.177
=0.177

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

Murphy Canyon Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  0/( (0.3+0.75)/ 2 )
=-1  *  0/0.525
=0.00 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.3
=0.3

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.75
=0.75

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

Murphy Canyon Acquisition  (NAS:MURF) Effective Interest Rate on Debt % Explanation

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

Murphy Canyon Acquisition Effective Interest Rate on Debt % Related Terms

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Murphy Canyon Acquisition (Murphy Canyon Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Murphy Canyon Acquisition Corp (NAS:MURF) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
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Traded in Other Exchanges
N/A
Address
4995 Murphy Canyon Road, Suite 300, San Diego, CA, USA, 92123
Website
https://www.murphycanyonac.com
Murphy Canyon Acquisition Corp is a blank check company.
Executives
Shaolin Capital Management Llc 10 percent owner 230 NW 24TH STREET, SUITE 603, MIAMI FL 33127
Knuettel Ii Francis director 205 NEWBURY ST, SUITE 204, FRAMINGHAM MA 01701
Adam Sragovicz director, officer: CFO and Treasurer 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
Jack Kendrick Heilbron director, officer: CEO, President, and Chairman 16433 BRONCO LANE, POWAY CA 92064
Bentzen Edwin H Iv officer: Chief Accounting Officer 2513 BIRCH HOLLOW ST, HENDERSON NV 89044
Chele Chiavacci Farley director 4 RIDGE ROAD, TUXEDO PARK NY 10987
Richard Edward Feinberg director 2855 FIFTH AVENUE, UNIT 405, SAN DIEGO CA 92103
Murphy Canyon Acquisition Sponsor, Llc 10 percent owner 4995 MURPHY CANYON ROAD, SUITE 300, SAN DIEGO CA 92123