GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Nintendo Co Ltd (MEX:NTDOY) » Definitions » Interest Expense

Nintendo Co (MEX:NTDOY) Interest Expense : MXN-25 Mil (TTM As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Nintendo Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nintendo Co's interest expense for the three months ended in Sep. 2024 was MXN 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was MXN-25 Mil.

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. Nintendo Co's Operating Income for the three months ended in Sep. 2024 was MXN 9,229 Mil. Nintendo Co's Interest Expense for the three months ended in Sep. 2024 was MXN 0 Mil. Nintendo Co has no long-term debt (1). The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

(1) Note: An indication of "no long-term 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.


Nintendo Co Interest Expense Historical Data

The historical data trend for Nintendo Co's Interest Expense 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.

Nintendo Co Interest Expense Chart

Nintendo Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.35 -33.29 -47.18 -16.45 -18.39

Nintendo Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense 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 - -10.96 -8.09 -5.80 -

Nintendo Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-25 Mil.

* 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.


Nintendo Co  (MEX:NTDOY) Interest Expense Explanation

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. The higher, the better.

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

Nintendo Co's Interest Expense for the three months ended in Sep. 2024 was MXN0 Mil. Its Operating Income for the three months ended in Sep. 2024 was MXN9,229 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was MXN0 Mil.

Nintendo Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Nintendo Co had no long-term debt (1).

* 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.

Good Sign:

Nintendo Co Ltd has no debt.


Nintendo Co Business Description

Address
11-1 Hokotate-cho, Kamitoba, Minami-ku, Kyoto, JPN, 601-8501
Nintendo started its video game console business in 1983 by launching the NES, and started its portable console business in 1989 by launching the Game Boy. Since then, the firm has focused on expanding the gaming population by delivering unique entertainment experiences on its original console systems; the Wii and Nintendo DS are its most popular hardware. However, Nintendo not only makes game consoles, but also owns world-renowned IPs such as Super Mario, Pokemon, and Zelda, which have been a source of cash flow for 40 years.

Nintendo Co Headlines

From GuruFocus

Nintendo's Newest Winner Helps Stock Soar

By Lovisa Alvin Lovisa Alvin 05-30-2017

Is Pokemon Go Bullish for Oil?

By Ben Strubel Ben Strubel 07-18-2016

Matthews Japan Fund Comments on Nintendo

By Sydnee Gatewood Sydnee Gatewood 10-24-2019

Moving The Markets – Nintendo, Falling Oil and Retail Sales Boost

By Lovisa Alvin Lovisa Alvin 07-15-2016

Nintendo Co Stock Shows Every Sign Of Being Fairly Valued

By GF Value GF Value 04-28-2021