TPG Pace Beneficial II (TPG Pace Beneficial II) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2022)

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What is TPG Pace Beneficial II 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. TPG Pace Beneficial II's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was $0.00 Mil. TPG Pace Beneficial II's average total debt for the quarter that ended in Dec. 2022 was $2.00 Mil. Therefore, TPG Pace Beneficial II's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 0.00%.

TPG Pace Beneficial II Effective Interest Rate on Debt % Historical Data

The historical data trend for TPG Pace Beneficial II'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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TPG Pace Beneficial II Effective Interest Rate on Debt % Chart

TPG Pace Beneficial II Annual Data

Trend

Dec21

Dec22

Effective Interest Rate on Debt %

TPG Pace Beneficial II Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of TPG Pace Beneficial II's Effective Interest Rate on Debt %

For the Shell Companies subindustry, TPG Pace Beneficial II'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.

TPG Pace Beneficial II's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where TPG Pace Beneficial II's Effective Interest Rate on Debt % falls into.

TPG Pace Beneficial II Effective Interest Rate on Debt % Calculation

TPG Pace Beneficial II'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	/	( (2	+	2)	/ 2 )
=	-1 * 0	/	2
=	0.00 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2
=	2

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2
=	2

TPG Pace Beneficial II's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

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

where

	Total Debt (Q: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2
=	2

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2
=	2

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

TPG Pace Beneficial II (NYSE:YTPG) Effective Interest Rate on Debt % Explanation

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

TPG Pace Beneficial II Effective Interest Rate on Debt % Related Terms

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TPG Pace Beneficial II (TPG Pace Beneficial II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » TPG Pace Beneficial II Corp (NYSE:YTPG) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

301 Commerce Street, Suite 3300, Fort Worth, TX, USA, 76102

Website

https://www.tpg.com

TPG Pace Beneficial II Corp is a blank check company.

Executives

Jon Winkelried	director, 10 percent owner	C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Chad A Leat	director	C/O UNITED AMERICA INDEMNITY GROUP INC., 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
David Bonderman	director, 10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
James G Coulter	director, 10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Karl Mr. Peterson	director, 10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Mark Fields	director	FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Dr Kneeland Youngblood	director	C/O GAP, INC., 2 FOLSOM ST., SAN FRANCISCO CA 94105
Michael G. Macdougall	officer: President	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Eduardo Tamraz	officer: Secretary	C/O TPG PACE ENERGY HOLDINGS CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Martin Davidson	officer: Chief Financial Officer	C/O TPG PACE ENERGY HOLDINGS CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Anilu Vazquez-ubarri	director	C/O UPWORK INC., 2625 AUGUSTINE DRIVE, SUITE 601, SANTA CLARA CA 95054
Nancy Mahon	director	C/O TPG PACE BENEFICIAL FINANCE CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Maryanne Hancock	director	C/O TPG PACE HOLDINGS, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Tpg Pace Beneficial Ii Sponsor, Series Llc	director, 10 percent owner	C/O TPG PACE HOLDINGS, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Carlton Ellis	officer: Executive VP of Corp Dev	301 COMMERCE ST., SUITE 3300, FORT WORTH TX 76102

TPG Pace Beneficial II (TPG Pace Beneficial II) Headlines

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