SWSSW (Clean Energy Special Situations) Effective Interest Rate on Debt %: 319.27% (As of Sep. 2023)


SWSSW Clean Energy Special Situations Corp SWSSW
31 GF Score
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What is Clean Energy Special Situations Effective Interest Rate on Debt %?

Clean Energy Special Situations SWSSW 31 Effective Interest Rate on Debt % is 319.27% as of Sep. 2023. GuruFocus rates SWSSW with a GF Score™ of 31/100.

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. Clean Energy Special Situations's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.70 Mil. Clean Energy Special Situations's average total debt for the quarter that ended in Sep. 2023 was $0.22 Mil. Therefore, Clean Energy Special Situations's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 319.27%.


Clean Energy Special Situations  (OTCPK:SWSSW) Effective Interest Rate on Debt % Explanation

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


Clean Energy Special Situations Effective Interest Rate on Debt % Related Terms


Clean Energy Special Situations Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Clean Energy Special Situations'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.

Clean Energy Special Situations Effective Interest Rate on Debt % Chart

Clean Energy Special Situations Annual Data
Trend Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
0.00 0.00 0.00

Clean Energy Special Situations Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 609.30 319.27

SWSSW vs CREEF, AEAE, GGAAF: Effective Interest Rate on Debt % Comparison

For the Shell Companies subindustry, Clean Energy Special Situations'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.


Clean Energy Special Situations Effective Interest Rate on Debt % vs Diversified Financial Services Industry

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

* The bar in red indicates where Clean Energy Special Situations's Effective Interest Rate on Debt % falls into.


SWSSW
31GF Score
Clean Energy Special Situations Corp SWSSW
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Clean Energy Special Situations Effective Interest Rate on Debt % Calculation

Clean Energy Special Situations'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+0)/ 1 )
=-1  *  0/0
=N/A %

where

Clean Energy Special Situations's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -0.696/( (0.131+0.305)/ 2 )
=-1  *  -0.696/0.218
=319.27 %

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 (Sep. 2023) 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 319.27% mean?
Clean Energy Special Situations (SWSSW) has a Effective Interest Rate on Debt % of 319.27% as of Sep. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Clean Energy Special Situations and its competitors.
Is Clean Energy Special Situations' Effective Interest Rate on Debt % too high?
Clean Energy Special Situations' current Effective Interest Rate on Debt % is 319.27%. Overall, Clean Energy Special Situations has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Clean Energy Special Situations' Effective Interest Rate on Debt % compare to CREEF and AEAE?
Clean Energy Special Situations' Effective Interest Rate on Debt % of 319.27% 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 Clean Energy Special Situations and its competitors. Clean Energy Special Situations's current Effective Interest Rate on Debt % is 319.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Energy Special Situations stock overvalued right now?
Clean Energy Special Situations (SWSSW) has a current Effective Interest Rate on Debt % of 319.27%. The current Effective Interest Rate on Debt % is 319.27%. Clean Energy Special Situations' overall GF Score™ is 31/100. 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 Clean Energy Special Situations (SWSSW), the current Effective Interest Rate on Debt % is 319.27% as of Sep. 2023. 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.

Clean Energy Special Situations Business Description

Address c/o Graubard Miller, 405 Lexington Avenue, 44th Floor, The Chrysler Building, New York, NY, USA, 10174
Clean Energy Special Situations Corp Formerly Springwater Special Situations Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities.
31GF 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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