NEXON Co (TSE:3659) Effective Interest Rate on Debt % : 16.17% (As of Dec. 2023)

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What is NEXON Co 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. NEXON Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円4,944 Mil. NEXON Co's average total debt for the quarter that ended in Dec. 2023 was 円30,581 Mil. Therefore, NEXON Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 16.17%.

NEXON Co Effective Interest Rate on Debt % Historical Data

The historical data trend for NEXON Co'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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NEXON Co Effective Interest Rate on Debt % Chart

NEXON Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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26.44

129.36

8.49

66.71

27.44

NEXON Co 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															104.65	6.91	4.91	86.29	16.17

Competitive Comparison of NEXON Co's Effective Interest Rate on Debt %

For the Electronic Gaming & Multimedia subindustry, NEXON Co'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.

NEXON Co's Effective Interest Rate on Debt % Distribution in the Interactive Media Industry

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

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

NEXON Co Effective Interest Rate on Debt % Calculation

NEXON Co'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 * -7279	/	( (23324	+	29724)	/ 2 )
=	-1 * -7279	/	26524
=	27.44 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19279	+	4045
=	23324

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	24090	+	5634
=	29724

NEXON Co'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 * -4944	/	( (31437	+	29724)	/ 2 )
=	-1 * -4944	/	30580.5
=	16.17 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25819	+	5618
=	31437

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	24090	+	5634
=	29724

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.

NEXON Co (TSE:3659) Effective Interest Rate on Debt % Explanation

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

NEXON Co Effective Interest Rate on Debt % 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 » Effective Interest Rate on Debt %

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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