NEXOF (NEXON Co) Interest Coverage: 47.75 (As of Mar. 2026) — 74% Above Median


NEXOF NEXON Co Ltd NEXOF
82 GF Score
Price $14.13
GF Value $23.39
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is NEXON Co Interest Coverage?

NEXON Co NEXOF -11.39% 82 Interest Coverage is 47.75 as of Mar. 2026, which is 74% above its 10-year median of 27.52. GuruFocus rates NEXOF with a GF Score™ of 82/100 and a GF Value™ of $23.39 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 316 Interactive Media companies, NEXON Co ranks worse than 56.01% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. NEXON Co's Operating Income for the three months ended in Mar. 2026 was $367 Mil. NEXON Co's Interest Expense for the three months ended in Mar. 2026 was $-8 Mil. NEXON Co's interest coverage for the quarter that ended in Mar. 2026 was 47.75. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for NEXON Co's Interest Coverage or its related term are showing as below:

NEXOF' s Interest Coverage Range Over the Past 10 Years
Min: 3.45   Med: 27.52   Max: 183.16
Current: 27.62


NEXOF's Interest Coverage is ranked worse than
56.01% of 316 companies
in the Interactive Media industry
Industry Median: 38.305 vs NEXOF: 27.62

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


NEXON Co  (OTCPK:NEXOF) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


NEXON Co Interest Coverage Related Terms


NEXON Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for NEXON Co's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

NEXON Co Interest Coverage Chart

NEXON Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.56 8.04 18.51 36.52 11.80

NEXON Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 6.26 2.31 13.81 0.00 47.75

NEXOF vs NTES, EA, TTWO: Interest Coverage Comparison

For the Electronic Gaming & Multimedia subindustry, NEXON Co's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NEXON Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where NEXON Co's Interest Coverage falls into.


NEXOF
82GF Score
NEXON Co Ltd NEXOF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NEXON Co Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

NEXON Co's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, NEXON Co's Interest Expense was $-67 Mil. Its Operating Income was $795 Mil. And its Long-Term Debt & Capital Lease Obligation was $201 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*795.382/-67.428
=11.80

NEXON Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, NEXON Co's Interest Expense was $-8 Mil. Its Operating Income was $367 Mil. And its Long-Term Debt & Capital Lease Obligation was $195 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*366.536/-7.676
=47.75

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 47.75 mean?
NEXON Co (NEXOF) has a Interest Coverage of 47.75 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on NEXON Co and its competitors. This is 74% above median its historical median of 27.52. Over the past decade, NEXON Co's Interest Coverage has ranged from 3.45 to 183.16. According to the industry distribution chart, NEXON Co ranks #177 out of 316 companies in the Interactive Media industry, placing it in the top 56%.
Is NEXON Co's Interest Coverage too high?
NEXON Co's current Interest Coverage of 47.75 is 74% above median its 10-year median of 27.52. Over the past 10 years, this metric has ranged from a low of 3.45 to a high of 183.16. The Interactive Media industry median Interest Coverage is 38.31. NEXON Co's value of 47.75 is 24.7% above this industry median. Based on the distribution chart, NEXON Co ranks #177 out of 316 companies in the Interactive Media industry, which is below the industry midpoint. Overall, NEXON Co has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NEXON Co's Interest Coverage compare to NTES and EA?
According to the Interactive Media industry distribution chart, NEXON Co ranks #177 out of 316 companies for Interest Coverage. This places NEXON Co in the lower half of its industry. The industry median Interest Coverage is 38.31. NEXON Co's value of 47.75 is 24.7% above this benchmark. Historically, NEXON Co's own Interest Coverage has ranged from 3.45 to 183.16 over the past decade. While the company's 10-year median is 27.52 vs. the industry median of 38.31, NEXON Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Interactive Media company?
The median Interest Coverage among Interactive Media companies is 38.31, based on 316 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NEXON Co's current Interest Coverage of 47.75 is 24.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on NEXON Co and its competitors. For the Interactive Media industry, the median Interest Coverage is 38.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEXON Co's current Interest Coverage is 47.75, which is 74% above median its own 10-year median of 27.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEXON Co stock overvalued right now?
Based on GuruFocus' analysis, NEXON Co (NEXOF) is currently considered Significantly Undervalued. The stock's GF Value™ is $23.39, compared to a current price of $14.13 — trading 39.6% below its estimated fair value. The current Interest Coverage is 47.75, which is 74% above median its 10-year median of 27.52 and 24.7% above the Interactive Media industry median of 38.31. NEXON Co's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For NEXON Co (NEXOF), the current Interest Coverage is 47.75 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NEXON Co (NEXOF) Overvalued in 2026?

Based on GuruFocus' analysis, NEXON Co stock appears to be undervalued. The current stock price of $14.13 is trading 39.6% below its estimated GF Value™ of $23.39. GuruFocus considers NEXON Co to be Significantly Undervalued.

Key valuation signals for NEXOF:

  • Interest Coverage: 47.75 (74% above median its 10-year median of 27.52)
  • GF Value™: $23.39 vs. price of $14.13 (39.6% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 24.7% above the Interactive Media median (#177 of 316)

No single metric tells the full story. See the NEXOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NEXON Co Business Description

Address 1-4-5 Roppongi, Minato-ku, Tokyo, JPN, 106-0032
Nexon is a South Korean online game developer and publisher, founded in 1994 in Korea by Kim Jung-ju. In 2005, the company moved its headquarters to Tokyo, Japan, and has operations in Korea, the US, Taiwan, and Thailand. The company's most notable franchises are MapleStory, Dungeon & Fighter, Sudden Attack, and KartRider. Nexon has been the publisher for EA's FC Online game franchise in Korea and Japan since 2013. Nexon acquired an independent game developer, Embark Studios AB, located in Stockholm, Sweden, in 2019.
82GF Score

Get the complete analysis for NEXOF

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.13
Price
$23.39
GF Value