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Golden Arrow Merger (Golden Arrow Merger) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)


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What is Golden Arrow Merger 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. Golden Arrow Merger's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.00 Mil. Golden Arrow Merger's average total debt for the quarter that ended in Mar. 2024 was $2.06 Mil. Therefore, Golden Arrow Merger's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.

Golden Arrow Merger Effective Interest Rate on Debt % Historical Data

The historical data trend for Golden Arrow Merger'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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Golden Arrow Merger Effective Interest Rate on Debt % Chart

Golden Arrow Merger Annual Data
Trend Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- - -

Golden Arrow Merger Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Golden Arrow Merger's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Golden Arrow Merger'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.

Golden Arrow Merger's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Golden Arrow Merger's Effective Interest Rate on Debt % falls into.


Golden Arrow Merger Effective Interest Rate on Debt % Calculation

Golden Arrow Merger's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  0/( (0.089+2.063)/ 2 )
=-1  *  0/1.076
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.089
=0.089

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 2.063
=2.063

Golden Arrow Merger's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  0/( (2.063+2.063)/ 2 )
=-1  *  0/2.063
=0.00 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 2.063
=2.063

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 2.063
=2.063

* 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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Golden Arrow Merger  (NAS:GAMCU) Effective Interest Rate on Debt % Explanation

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

Golden Arrow Merger Effective Interest Rate on Debt % Related Terms

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Golden Arrow Merger (Golden Arrow Merger) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Golden Arrow Merger Corp (NAS:GAMCU) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
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Traded in Other Exchanges
GAMC:USA
Address
10 E. 53rd Street, 13th Floor, New York, NY, USA, 10022
Website
https://www.goldenarrowspac.com
Golden Arrow Merger Corp is a blank check company.
Executives
Lloyd H Dean director 185 BERRY STREET, SUITE 300, SAN FRANCISCO CA 94107
Steven M Klosk director C/O CAMBREX CORP, ONE MEADOWLANDS PLZ, EAST RUTHERFORD NJ 07073
Brett H Barth director COWEN INC., 599 LEXINGTON AVENUE, NEW YORK NY 10022
Andrew Rechtschaffen director, 10 percent owner C/O OBREM CAPITAL MANAGEMENT, LLC, 733 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Jack Hidary director 3 PARK AVENUE, NEW YORK NY 10016
Timothy C Babich 10 percent owner, officer: CEO & CFO 1901 N ROSELLE RD., SUITE 55, SCHAUMBURG IL 60195
Lance L. Hirt director, 10 percent owner LINDSAY GOLDBERG, 630 FIFTH AVENUE, 39TH FLOOR, NEW YORK NY 10111
Jacob Doft director, 10 percent owner C/O GOLDEN ARROW MERGER CORP., 10 E. 53RD STREET, 13TH FLOOR, NEW YORK NY 10022
Golden Arrow Sponsor, Llc 10 percent owner 10 E. 53RD STREET, 13TH FLOOR, NEW YORK NY 10022