NemakB de CV (MEX:NEMAKA) Effective Interest Rate on Debt % : 5.94% (As of Mar. 2025)

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What is NemakB de CV 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. NemakB de CV's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was MXN2,299 Mil. NemakB de CV's average total debt for the quarter that ended in Mar. 2025 was MXN38,714 Mil. Therefore, NemakB de CV's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 5.94%.

NemakB de CV Effective Interest Rate on Debt % Historical Data

The historical data trend for NemakB de CV'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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NemakB de CV Effective Interest Rate on Debt % Chart

NemakB de CV Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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5.32

6.66

3.34

4.51

6.39

NemakB de CV Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															11.38	16.64	6.75	10.20	5.94

Competitive Comparison of NemakB de CV's Effective Interest Rate on Debt %

For the Auto Parts subindustry, NemakB de CV'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.

NemakB de CV's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NemakB de CV's Effective Interest Rate on Debt % distribution charts can be found below:

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

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NemakB de CV Effective Interest Rate on Debt % Calculation

NemakB de CV's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -2260.174	/	( (31763.045	+	38967.645)	/ 2 )
=	-1 * -2260.174	/	35365.345
=	6.39 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	26136.574	+	5626.471
=	31763.045

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	36622.296	+	2345.349
=	38967.645

NemakB de CV's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -2298.52	/	( (38967.645	+	38460.066)	/ 2 )
=	-1 * -2298.52	/	38713.8555
=	5.94 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	36622.296	+	2345.349
=	38967.645

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	36566.475	+	1893.591
=	38460.066

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. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

NemakB de CV (MEX:NEMAKA) Effective Interest Rate on Debt % Explanation

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

NemakB de CV Effective Interest Rate on Debt % Related Terms

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NemakB de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nemak SAB de CV (MEX:NEMAKA) » Definitions » Effective Interest Rate on Debt %

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NMAKF:USA

Address

Libramiento Arco Vial Km. 3.8, Garcia, Mexico, NL, MEX, 66017

Website

https://www.nemak.com

Nemak SAB de CV is a Mexican company that is active in the automotive industry. The company is engaged in the production of complex aluminum components for powertrain and body structure applications. Its product portfolio includes cylinder heads, engine blocks, transmission parts, structural parts, cargo floor reinforcement, reinforcement side members, transmission housing, shock tower, cross member, support bracket, frame rail, and other components. The company has business operations in Canada, the United States, Mexico, Brazil, Spain, Germany, Poland, Russia, India, China, and others. Nemak earns nearly half of its revenue from North America.

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