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


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What is Venus 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. Venus Acquisition's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was $0.00 Mil. Venus Acquisition's average total debt for the quarter that ended in Sep. 2022 was $1.76 Mil. Therefore, Venus Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 0.00%.


Venus Acquisition Effective Interest Rate on Debt % Historical Data

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

Venus Acquisition Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Effective Interest Rate on Debt %
- - - -

Venus Acquisition Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Venus Acquisition's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Venus 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.


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

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

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



Venus Acquisition Effective Interest Rate on Debt % Calculation

Venus 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/( (0.228+0)/ 1 )
=-1  *  0/0.228
=0.00 %

where

Venus Acquisition'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/( (1.41+2.113)/ 2 )
=-1  *  0/1.7615
=0.00 %

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


Venus Acquisition  (NAS:VENA) Effective Interest Rate on Debt % Explanation

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


Venus Acquisition Effective Interest Rate on Debt % Related Terms

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Venus Acquisition (Venus Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
477 Madison Avenue, 6th Floor, New York, NY, USA, 10022
Website
Venus Acquisition Corp is a blank check company.
Executives
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Liu Yanming director, officer: Chairman + CEO SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Cui Shan director SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Yu Chen director SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
River Chi director, officer: Chief Financial Officer SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Guojian Chen director 477 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022