BITTF (Bitterroot Resources) Effective Interest Rate on Debt %: 4.18% (As of Apr. 2026)


What is Bitterroot Resources Effective Interest Rate on Debt %?

Bitterroot Resources BITTF Effective Interest Rate on Debt % is 4.18% as of Apr. 2026. The stock has 3 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. Bitterroot Resources's annualized positive value of Interest Expense for the quarter that ended in Apr. 2026 was $0.01 Mil. Bitterroot Resources's average total debt for the quarter that ended in Apr. 2026 was $0.19 Mil. Therefore, Bitterroot Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 was 4.18%.

Bitterroot Resources  (OTCPK:BITTF) Effective Interest Rate on Debt % Explanation

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

Bitterroot Resources Effective Interest Rate on Debt % Related Terms

Bitterroot Resources Effective Interest Rate on Debt % Historical Data

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The historical data trend for Bitterroot 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.

Bitterroot Resources Effective Interest Rate on Debt % Chart

Bitterroot Resources Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.08 22.22 7.84 6.14 5.83

Bitterroot Resources Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 6.92 6.54 6.43 6.38 4.18

Bitterroot Resources Effective Interest Rate on Debt % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Bitterroot 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.

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

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

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


Bitterroot Resources Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2024 )+Total Debt  (A: Oct. 2025 ))/ count )
=-1  *  -0.01/( (0.157+0.186)/ 2 )
=-1  *  -0.01/0.1715
=5.83 %

where

Total Debt  (A: Oct. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.157
=0.157

Total Debt  (A: Oct. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.186
=0.186

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jan. 2026 )+Total Debt  (Q: Apr. 2026 ))/ count )
=-1  *  -0.008/( (0.19+0.193)/ 2 )
=-1  *  -0.008/0.1915
=4.18 %

where

Total Debt  (Q: Jan. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.19
=0.19

Total Debt  (Q: Apr. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.193
=0.193

* 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 (Apr. 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 4.18% mean?
Bitterroot Resources (BITTF) has a Effective Interest Rate on Debt % of 4.18% as of Apr. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Bitterroot Resources and its competitors.
Is Bitterroot Resources' Effective Interest Rate on Debt % too high?
Bitterroot Resources' current Effective Interest Rate on Debt % is 4.18%.
How does Bitterroot Resources' Effective Interest Rate on Debt % compare to competitors?
Bitterroot Resources' Effective Interest Rate on Debt % of 4.18% 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 Bitterroot Resources and its competitors. Bitterroot Resources's current Effective Interest Rate on Debt % is 4.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitterroot Resources stock overvalued right now?
Bitterroot Resources (BITTF) has a current Effective Interest Rate on Debt % of 4.18%. The current Effective Interest Rate on Debt % is 4.18%. 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 Bitterroot Resources (BITTF), the current Effective Interest Rate on Debt % is 4.18% as of Apr. 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.

Bitterroot Resources Business Description

Other Exchanges BQ51:GermanyBTT:Canada
Address C/o Miller Thomson Llp, 700 West Georgia Street, Suite 2200, Vancouver, BC, CAN, V7Y 1K8
Bitterroot Resources Ltd is a Canada-based exploration stage company and its principal business activity is the sourcing and exploration of resource properties. The company operates in one reportable operating segment, being the acquisition, exploration and development of exploration and evaluation assets. Geographically it operates in Canada and the United States of America. Its portfolio of projects consists of LM Property, Voyageur Lands, Nighthawk Project, and Others.