Daishin Balance No 17 Special Purpose Acquisition Co (XKRX:471050) Effective Interest Rate on Debt % : 8.51% (As of Sep. 2024)

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What is Daishin Balance No 17 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. Daishin Balance No 17 Special Purpose Acquisition Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₩85.00 Mil. Daishin Balance No 17 Special Purpose Acquisition Co's average total debt for the quarter that ended in Sep. 2024 was ₩998.54 Mil. Therefore, Daishin Balance No 17 Special Purpose Acquisition Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 8.51%.

Daishin Balance No 17 Special Purpose Acquisition Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Daishin Balance No 17 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.

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Daishin Balance No 17 Special Purpose Acquisition Co Effective Interest Rate on Debt % Chart

Daishin Balance No 17 Special Purpose Acquisition Co Annual Data

Trend

Dec23

Effective Interest Rate on Debt %

1.65

Daishin Balance No 17 Special Purpose Acquisition Co Quarterly Data
	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	8.79	8.70	8.51

Competitive Comparison of Daishin Balance No 17 Special Purpose Acquisition Co's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Daishin Balance No 17 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.

Daishin Balance No 17 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, Daishin Balance No 17 Special Purpose Acquisition Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Daishin Balance No 17 Special Purpose Acquisition Co's Effective Interest Rate on Debt % falls into.

Daishin Balance No 17 Special Purpose Acquisition Co Effective Interest Rate on Debt % Calculation

Daishin Balance No 17 Special Purpose Acquisition Co'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: . 20 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 *	/	( (	+	)	/ )
=	-1 *	/
=	%

where

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

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

Daishin Balance No 17 Special Purpose Acquisition Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -85.004	/	( (987.919	+	1009.17)	/ 2 )
=	-1 * -85.004	/	998.5445
=	8.51 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	987.919	+	0
=	987.919

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1009.17	+	0
=	1009.17

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

Daishin Balance No 17 Special Purpose Acquisition Co (XKRX:471050) Effective Interest Rate on Debt % Explanation

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

Daishin Balance No 17 Special Purpose Acquisition Co Effective Interest Rate on Debt % Related Terms

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Daishin Balance No 17 Special Purpose Acquisition Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Daishin Balance No 17 Special Purpose Acquisition Co Ltd (XKRX:471050) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

343 Samildae-ro Jung-gu, Seoul, KOR, 04538

Website

Daishin Balance No 17 Special Purpose Acquisition Co Ltd is a Special Purpose Acquisition Co Ltd.

Daishin Balance No 17 Special Purpose Acquisition Co Headlines

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