AFRRF (Absolutely Critical Resources) Effective Interest Rate on Debt %: 6.06% (As of Feb. 2026)


What is Absolutely Critical Resources Effective Interest Rate on Debt %?

Absolutely Critical Resources AFRRF Effective Interest Rate on Debt % is 6.06% as of Feb. 2026. The stock has 2 warning signs investors should review.

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. Absolutely Critical Resources's annualized positive value of Interest Expense for the quarter that ended in Feb. 2026 was $0.00 Mil. Absolutely Critical Resources's average total debt for the quarter that ended in Feb. 2026 was $0.07 Mil. Therefore, Absolutely Critical Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2026 was 6.06%.

Absolutely Critical Resources  (OTCPK:AFRRF) Effective Interest Rate on Debt % Explanation

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

Absolutely Critical Resources Effective Interest Rate on Debt % Related Terms

Absolutely Critical Resources Effective Interest Rate on Debt % Historical Data

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The historical data trend for Absolutely Critical Resources'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.

Absolutely Critical Resources Effective Interest Rate on Debt % Chart

Absolutely Critical Resources Annual Data
Trend May15 May17 May18 May19 May20 May21 May22 May23 May24 May25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Absolutely Critical Resources Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Effective Interest Rate on Debt % 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 0.00 0.00 0.00 0.00 6.06

Absolutely Critical Resources Effective Interest Rate on Debt % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Absolutely Critical Resources'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.

Absolutely Critical Resources Effective Interest Rate on Debt % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Absolutely Critical Resources's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Absolutely Critical Resources's Effective Interest Rate on Debt % falls into.


Absolutely Critical Resources Effective Interest Rate on Debt % Calculation

Absolutely Critical Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: May. 2024 )+Total Debt  (A: May. 2025 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Total Debt  (A: May. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (A: May. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Absolutely Critical Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2025 )+Total Debt  (Q: Feb. 2026 ))/ count )
=-1  *  -0.004/( (0.049+0.083)/ 2 )
=-1  *  -0.004/0.066
=6.06 %

where

Total Debt  (Q: Nov. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.049
=0.049

Total Debt  (Q: Feb. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.083
=0.083

* 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.

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 (Feb. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 6.06% mean?
Absolutely Critical Resources (AFRRF) has a Effective Interest Rate on Debt % of 6.06% as of Feb. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Absolutely Critical Resources and its competitors.
Is Absolutely Critical Resources' Effective Interest Rate on Debt % too high?
Absolutely Critical Resources' current Effective Interest Rate on Debt % is 6.06%.
How does Absolutely Critical Resources' Effective Interest Rate on Debt % compare to competitors?
Absolutely Critical Resources' Effective Interest Rate on Debt % of 6.06% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Metals & Mining company?
A good Effective Interest Rate on Debt % depends on the Metals & Mining industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Absolutely Critical Resources and its competitors. Absolutely Critical Resources's current Effective Interest Rate on Debt % is 6.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Absolutely Critical Resources stock overvalued right now?
Absolutely Critical Resources (AFRRF) has a current Effective Interest Rate on Debt % of 6.06%. The current Effective Interest Rate on Debt % is 6.06%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Absolutely Critical Resources (AFRRF), the current Effective Interest Rate on Debt % is 6.06% as of Feb. 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.

Absolutely Critical Resources Business Description

Other Exchanges ABC:Canada
Address 925 West Georgia Street, Suite 1600, Vancouver, BC, CAN, V6C 3L2
Absolutely Critical Resources Corp Formerly AFR NuVenture Resources Inc is an exploration-stage company engaged in the exploration and evaluation of assets. The Company operates in one reportable segment, being the exploration and evaluation of mineral assets in North America. The company's projects include the Massey Project and the Silver Bell-St. Lawrence Gold Project.