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International Media Acquisition (International Media Acquisition) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2023)


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What is International Media 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. International Media Acquisition's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.00 Mil. International Media Acquisition's average total debt for the quarter that ended in Sep. 2023 was $2.84 Mil. Therefore, International Media Acquisition's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.00%.


International Media Acquisition Effective Interest Rate on Debt % Historical Data

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

International Media Acquisition Annual Data
Trend Dec21 Mar22 Mar23
Effective Interest Rate on Debt %
- - -

International Media Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of International Media Acquisition's Effective Interest Rate on Debt %

For the Shell Companies subindustry, International Media 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.


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

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

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



International Media Acquisition Effective Interest Rate on Debt % Calculation

International Media Acquisition's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  0/( (0.195+2.126)/ 2 )
=-1  *  0/1.1605
=0.00 %

where

International Media Acquisition'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/( (2.709+2.966)/ 2 )
=-1  *  0/2.8375
=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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


International Media Acquisition  (NAS:IMAQ) Effective Interest Rate on Debt % Explanation

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


International Media Acquisition Effective Interest Rate on Debt % Related Terms

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International Media Acquisition (International Media Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1604 US Highway 130, North Brunswick, NJ, USA, 08902
International Media Acquisition Corp is a blank check company.
Executives
Klaas P. Baks director C/O PENSARE SPONSOR GROUP, LLC, 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Pelosi Paul Francis Jr director 2269 CHESTNUT STREET, SAN FRANCISCO CA 94123
Gregory R. Silverman director 1604 HWY 130, NORTH BRUNSWICK NJ 08902
David M. Taghioff director 1604 HWY 130, NORTH BRUNSWICK NJ 08902
Suresh Ramamurthi director 1604 HWY 130, NORTH BRUNSWICK NJ 08902
Shibasish Sarkar director, 10 percent owner, officer: Chief Executive Officer 1604 HWY 130, NORTH BRUNSWICK NJ 08902
Vishwas Joshi officer: Chief Financial Officer 1604 HWY 130, NORTH BRUNSWICK NY 08902
Sanjay Wadhwa director 1604 HWY 130, NORTH BRUNSWICK NJ 08902
Deepak Nayar director 1604 HWY 130, NORTH BRUNSWICK NJ 08902
Content Creation Media Llc 10 percent owner 1604 HWY 130, NORTH BRUNSWICK NJ 08902