GMO Internet group (FRA:IQ3) Effective Interest Rate on Debt % : 0.49% (As of Mar. 2024)

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What is GMO Internet group 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. GMO Internet group's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €15 Mil. GMO Internet group's average total debt for the quarter that ended in Mar. 2024 was €3,098 Mil. Therefore, GMO Internet group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.49%.

GMO Internet group Effective Interest Rate on Debt % Historical Data

The historical data trend for GMO Internet group'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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GMO Internet group Effective Interest Rate on Debt % Chart

GMO Internet group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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0.15

0.21

0.20

0.26

0.41

GMO Internet group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.34	0.44	0.45	0.45	0.49

Competitive Comparison of GMO Internet group's Effective Interest Rate on Debt %

For the Telecom Services subindustry, GMO Internet group'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.

GMO Internet group's Effective Interest Rate on Debt % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, GMO Internet group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where GMO Internet group's Effective Interest Rate on Debt % falls into.

GMO Internet group Effective Interest Rate on Debt % Calculation

GMO Internet group'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 * -11.802	/	( (2736.95	+	3016.088)	/ 2 )
=	-1 * -11.802	/	2876.519
=	0.41 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1183.495	+	1553.455
=	2736.95

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1694.413	+	1321.675
=	3016.088

GMO Internet group'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 * -15.304	/	( (3016.088	+	3180.735)	/ 2 )
=	-1 * -15.304	/	3098.4115
=	0.49 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1694.413	+	1321.675
=	3016.088

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1867.362	+	1313.373
=	3180.735

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.

GMO Internet group (FRA:IQ3) Effective Interest Rate on Debt % Explanation

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

GMO Internet group Effective Interest Rate on Debt % Related Terms

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GMO Internet group (FRA:IQ3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » GMO Internet group Inc (FRA:IQ3) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

GMOYF:USA 9449:Japan IQ3:Germany

Address

Cerulean Tower 4th-14th floors, 26-1 Sakuragaokacho, Shibuya ku, Tokyo, JPN

Website

http://www.gmo.jp

GMO Internet group Inc operates through four main segments, Internet infrastructure, Online advertising and media, Internet securities, and Cryptocurrency. Internet infrastructure, the largest segment, provides basic Internet services, such as domain hosting and e-commerce payments. Online advertising and media segment provides marketing services for online businesses. The Internet securities division provides consumer financial services, and the Cryptocurrency segment operates business pertaining to mining and exchange of cryptocurrency. The company generates the vast majority of revenue in Japan.

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