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Funko (FNKO) Effective Interest Rate on Debt % : 7.87% (As of Dec. 2023)


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What is Funko 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. Funko's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $30 Mil. Funko's average total debt for the quarter that ended in Dec. 2023 was $377 Mil. Therefore, Funko's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.87%.


Funko Effective Interest Rate on Debt % Historical Data

The historical data trend for Funko'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.

* Premium members only.

Funko Effective Interest Rate on Debt % Chart

Funko Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 5.10 3.71 2.86 3.53 7.89

Funko 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 % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.16 6.02 7.18 7.68 7.87

Competitive Comparison of Funko's Effective Interest Rate on Debt %

For the Leisure subindustry, Funko'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.


Funko's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Funko's Effective Interest Rate on Debt % distribution charts can be found below:

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



Funko Effective Interest Rate on Debt % Calculation

Funko'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  *  -27.97/( (347.079+362.353)/ 2 )
=-1  *  -27.97/354.716
=7.89 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=236.134 + 110.945
=347.079

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=202.295 + 160.058
=362.353

Funko'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  *  -29.676/( (391.343+362.353)/ 2 )
=-1  *  -29.676/376.848
=7.87 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=210.5 + 180.843
=391.343

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=202.295 + 160.058
=362.353

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


Funko  (NAS:FNKO) Effective Interest Rate on Debt % Explanation

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


Funko Effective Interest Rate on Debt % Related Terms

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Funko (FNKO) Business Description

Industry
Traded in Other Exchanges
Address
2802 Wetmore Avenue, Everett, WA, USA, 98201
Funko Inc is an us-based pop culture consumer products company. It creates whimsical, fun, and different products which enable the customer to express their affinity for their favorite through the movie, TV show, video game, musician, or sports team. The company holds licenses and the rights to create tens of thousands of characters including Game of Thornes, Walking Dead, Disney, Marvel, Harry Potter, Fallout, and others. Its products include Pop, Dorbz, Mystery Vinyl, Plush, Action Figures, and Others. The company sells its products through a diverse network of retail customers across multiple retail channels, including specialty retailers, mass-market retailers, and e-commerce sites.
Executives
Mike Kerns director 12180 MILLENNIUM DRIVE, SUITE 500, PLAYA VISTA CA 90094
Working Capital Advisors (uk) Ltd. 10 percent owner QUERIPEL HOUSE, UNIT 2, 1 DUKE OF YORK SQUARE, LONDON X0 SW3 4LY
Steve Nave officer: CFO and COO 300 MADISON AVENUE, 7TH FLOOR, TOLEDO OH 43604
Kenneth Chan Hsiang-tze 10 percent owner QUERIPEL HOUSE UNIT 2, 1 DUKE OF YORK SQUARE, LONDON X0 SW3 4LY
Working Capital Management Pte. Ltd. 10 percent owner 3 PHILLIP STREET,, 17-01 ROYAL GROUP BUILDING, SINGAPORE U0 048693
Andrew Mark Perlmutter officer: PRESIDENT C/O FUNKO, INC., 2802 WETMORE AVENUE, EVERETT WA 98201
Andrew David Oddie officer: CHIEF REVENUE OFFICER C/O FUNCO, INC., 2802 WETMORE AVENUE, EVERETT WA 98201
Tracy D Daw officer: See Remarks 2601 ELLIOTT AVENUE, SUITE 1000, SEATTLE WA 98121
Scott Yessner officer: Interim CFO C/O FUNKO, INC., 2802 WETMORE AVENUE, EVERETT WA 98201
Jung Jennifer Fall officer: Chief Financial Officer C/O FUNKO, INC., WETMORE AVENUE, EVERETT WA 98201
Trevor A Edwards director 2080 NW 133RD PLACE, PORTLAND OR 97229
Kenneth R. Brotman director C/O FUNKO, INC., 2802 WETMORE AVENUE, EVERETT WA 98201
Tcg Capital Management, Lp 10 percent owner 12180 MILLENNIUM DRIVE, SUITE 500, PLAYA VISTA CA 90094
Tcg 3.0 Fuji, Lp 10 percent owner 12180 MILLENNIUM DRIVE, SUITE 500, PLAYA VISTA CA 90094
Richard A. Paul director 80 PINE STREET, SUITE 3202, NEW YORK NY 10005