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Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co (XKRX:430220) Effective Interest Rate on Debt % : 4.02% (As of Mar. 2025)


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What is Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co 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. Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₩72.94 Mil. Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co's average total debt for the quarter that ended in Mar. 2025 was ₩1,816.63 Mil. Therefore, Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 4.02%.


Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co'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.

* Premium members only.

Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co Effective Interest Rate on Debt % Chart

Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co Annual Data
Trend Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
2.70 4.11 4.13

Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.05 4.12 4.19 4.15 4.02

Competitive Comparison of Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co'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.


Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co's Effective Interest Rate on Debt % falls into.


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Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co Effective Interest Rate on Debt % Calculation

Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -73.067/( (1734.445+1807.511)/ 2 )
=-1  *  -73.067/1770.978
=4.13 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1734.445 + 0
=1734.445

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1807.511 + 0
=1807.511

Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -72.94/( (1807.511+1825.746)/ 2 )
=-1  *  -72.94/1816.6285
=4.02 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1807.511 + 0
=1807.511

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1825.746 + 0
=1825.746

* 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 (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co  (XKRX:430220) Effective Interest Rate on Debt % Explanation

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


Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co Effective Interest Rate on Debt % Related Terms

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Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co Business Description

Traded in Other Exchanges
N/A
Address
16, Gukjegeumyung-ro 8-gil, 5th Floor, Yeongdeungpo-gu, Yeouido-dong, Shinyoung Securities Building, Seoul, KOR
Website
Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co is a special purpose acquisition company.

Shinyoung HappyTomorrow No.8 Special Purpose Acquisition Co Headlines

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