Fox (BSP:FOXC34) Effective Interest Rate on Debt %

: 5.39% (As of Dec. 2023)

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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. Fox's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was R$2,332 Mil. Fox's average total debt for the quarter that ended in Dec. 2023 was R$43,275 Mil. Therefore, Fox's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.39%.

Fox Effective Interest Rate on Debt % Historical Data

The historical data trend for Fox'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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Fox Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

3.01

5.45

4.58

4.67

4.30

Fox Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %																4.47	4.17	4.09	4.48	5.39

Competitive Comparison

For the Entertainment subindustry, Fox'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.

Fox Effective Interest Rate on Debt % Distribution

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

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

Fox Effective Interest Rate on Debt % Calculation

Fox's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -1693.941	/	( (38958.149	+	39834.316)	/ 2 )
=	-1 * -1693.941	/	39396.2325
=	4.30 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	38418.045	+	540.104
=	38958.149

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	33422.578	+	6411.738
=	39834.316

Fox's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -2332.304	/	( (40443.014	+	46107.118)	/ 2 )
=	-1 * -2332.304	/	43275.066
=	5.39 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	33923.93	+	6519.084
=	40443.014

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	39644.282	+	6462.836
=	46107.118

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Fox (BSP:FOXC34) Effective Interest Rate on Debt % Explanation

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

Fox Effective Interest Rate on Debt % Related Terms

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Fox (BSP:FOXC34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Fox Corp (BSP:FOXC34) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

FOXA:USA FOX:USA FOX1:Mexico FO5:Germany FO5:Germany

Address

1211 Avenue of the Americas, New York, NY, USA, 10036

Website

https://www.foxcorporation.com

Fox represents the assets not sold to Disney by predecessor firm, Twenty First Century Fox, in 2019. The remaining assets include Fox News, the FOX broadcast network, FS1 and FS2, Fox Business, Big Ten Network, 28 owned and operated local television stations of which 17 are affiliated with the Fox Network, Tubi, and the Fox Studios lot. Since the Disney sale, Fox has acquired other related and unrelated assets including Credible Labs, a consumer fintech firm. The Murdoch family continues to control the successor firm, which represents a large-scale bet on the value of live sports and news in the U.S. market.

Fox (BSP:FOXC34) Headlines

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