Science Strategic Acquisition Alpha (Science Strategic Acquisition Alpha) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2022)

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What is Science Strategic Acquisition Alpha 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. Science Strategic Acquisition Alpha's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was $0.00 Mil. Science Strategic Acquisition Alpha's average total debt for the quarter that ended in Sep. 2022 was $0.75 Mil. Therefore, Science Strategic Acquisition Alpha's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 0.00%.

Science Strategic Acquisition Alpha Effective Interest Rate on Debt % Historical Data

The historical data trend for Science Strategic Acquisition Alpha'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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Science Strategic Acquisition Alpha Effective Interest Rate on Debt % Chart

Science Strategic Acquisition Alpha Annual Data

Trend

Dec20

Dec21

Effective Interest Rate on Debt %

Science Strategic Acquisition Alpha Quarterly Data
	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Science Strategic Acquisition Alpha's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Science Strategic Acquisition Alpha'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.

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

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

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

Science Strategic Acquisition Alpha Effective Interest Rate on Debt % Calculation

Science Strategic Acquisition Alpha'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

Science Strategic Acquisition Alpha's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2022 )	+	Total Debt (Q: Sep. 2022 ))	/ count )
=	-1 * 0	/	( (0.75	+	0.75)	/ 2 )
=	-1 * 0	/	0.75
=	0.00 %

where

	Total Debt (Q: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.75
=	0.75

	Total Debt (Q: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.75
=	0.75

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

Science Strategic Acquisition Alpha (NAS:SSAAU) Effective Interest Rate on Debt % Explanation

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

Science Strategic Acquisition Alpha Effective Interest Rate on Debt % Related Terms

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Science Strategic Acquisition Alpha (Science Strategic Acquisition Alpha) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Science Strategic Acquisition Corp Alpha (NAS:SSAAU) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1447 2nd Street, Suite 200, Santa Monica, CA, USA, 90401

Website

https://www.science-inc.com

Science Strategic Acquisition Corp Alpha is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Michael Gwynne Jones	director, officer: CEO	24460 MALIBU ROAD, MALIBU CA 90265
Jeff Kearl	director	C/O SKULLCANDY, INC., 1441 WEST UTE BLVD., SUITE 250, PARK CITY UT 84908
April Henry	officer: EVP, Corporate Development	C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401
Jennifer Rubio	director	C/O TISHMAN SPEYER PROPERTIES, L.P., ROCKEFELLER CENTER, 45 ROCKEFELLER PLAZA, NEW YORK NY 10111
Taylor Colette K.	director	C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401
Greg Gilman	director	C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401
Priscilla Guevara	officer: Global Head of IR	C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401
Tom Dare	officer: CFO	C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401
Peter Pham	officer: President	C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401

Science Strategic Acquisition Alpha (Science Strategic Acquisition Alpha) Headlines

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