NEXON Co (TSE:3659) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is NEXON Co Debt-to-Equity?

NEXON Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円5,634 Mil. NEXON Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円24,090 Mil. NEXON Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円896,267 Mil. NEXON Co's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for NEXON Co's Debt-to-Equity or its related term are showing as below:

TSE:3659' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.11
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of NEXON Co was 0.11. The lowest was 0.01. And the median was 0.02.

TSE:3659's Debt-to-Equity is ranked better than
83.65% of 422 companies
in the Interactive Media industry
Industry Median: 0.16 vs TSE:3659: 0.03

NEXON Co Debt-to-Equity Historical Data

The historical data trend for NEXON Co's Debt-to-Equity 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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NEXON Co Debt-to-Equity Chart

NEXON Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.03

NEXON Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.03	0.03	0.03	0.03

Competitive Comparison of NEXON Co's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, NEXON Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

NEXON Co's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NEXON Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where NEXON Co's Debt-to-Equity falls into.

NEXON Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NEXON Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(5634	+	24090)	/	896267
	=	0.03

NEXON Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(5634	+	24090)	/	896267
	=	0.03

NEXON Co (TSE:3659) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

NEXON Co Debt-to-Equity Related Terms

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NEXON Co (TSE:3659) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NEXON Co Ltd (TSE:3659) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NEXOY:USA NEXOF:USA 7NX:Germany

Address

1-4-5 Roppongi, Minato-ku, Tokyo, JPN, 106-0032

Website

http://www.nexon.co.jp

NEXON Co Ltd provides engaging, high quality, geographically unique games to international users through the development and service of PC online and mobile games. The company's major PC online titles include MapleStory and Dungeon&Fighter and their mobile games include HIT and DomiNations. The games are in approximately 200 countries including China, Korea, Japan, North America, and Europe. The PC segment is responsible for a majority of revenue, while the Mobile segment accounts for a smaller portion. Geographically, over half of the company's revenue is derived from China, roughly one quarter is derived from Korea, and the remainder is derived from Japan, North America, and Europe & Others.

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