CONXF (Nickel 28 Capital) Effective Interest Rate on Debt %: 5.03% (As of Apr. 2026)


CONXF Nickel 28 Capital Corp CONXF
36 GF Score
Price $0.85
! 1 Warning Sign
View Full Analysis

What is Nickel 28 Capital Effective Interest Rate on Debt %?

Nickel 28 Capital CONXF 36 Effective Interest Rate on Debt % is 5.03% as of Apr. 2026. GuruFocus rates CONXF with a GF Score™ of 36/100. The stock has 1 warning sign 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. Nickel 28 Capital's annualized positive value of Interest Expense for the quarter that ended in Apr. 2026 was $1.62 Mil. Nickel 28 Capital's average total debt for the quarter that ended in Apr. 2026 was $32.14 Mil. Therefore, Nickel 28 Capital's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 was 5.03%.


Nickel 28 Capital  (OTCPK:CONXF) Effective Interest Rate on Debt % Explanation

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


Nickel 28 Capital Effective Interest Rate on Debt % Related Terms


Nickel 28 Capital Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Nickel 28 Capital'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.

Nickel 28 Capital Effective Interest Rate on Debt % Chart

Nickel 28 Capital Annual Data
Trend Dec19 Dec20 Jan22 Jan23 Jan24 Jan25 Jan26
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 4.79 5.74 5.31 5.17 5.33

Nickel 28 Capital Quarterly Data
Jun21 Sep21 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 5.03 5.04 4.86 5.32 5.03

Nickel 28 Capital Effective Interest Rate on Debt % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Nickel 28 Capital'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.


Nickel 28 Capital Effective Interest Rate on Debt % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nickel 28 Capital's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Nickel 28 Capital's Effective Interest Rate on Debt % falls into.


CONXF
36GF Score
Nickel 28 Capital Corp CONXF
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nickel 28 Capital Effective Interest Rate on Debt % Calculation

Nickel 28 Capital's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2025 )+Total Debt  (A: Jan. 2026 ))/ count )
=-1  *  -1.824/( (36.559+31.946)/ 2 )
=-1  *  -1.824/34.2525
=5.33 %

where

Total Debt  (A: Jan. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=31.289 + 5.27
=36.559

Total Debt  (A: Jan. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=21.913 + 10.033
=31.946

Nickel 28 Capital'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  *  -1.616/( (31.946+32.342)/ 2 )
=-1  *  -1.616/32.144
=5.03 %

where

Total Debt  (Q: Jan. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=21.913 + 10.033
=31.946

Total Debt  (Q: Apr. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=22.308 + 10.034
=32.342

* 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 5.03% mean?
Nickel 28 Capital (CONXF) has a Effective Interest Rate on Debt % of 5.03% as of Apr. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Nickel 28 Capital and its competitors.
Is Nickel 28 Capital's Effective Interest Rate on Debt % too high?
Nickel 28 Capital's current Effective Interest Rate on Debt % is 5.03%. Overall, Nickel 28 Capital has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Nickel 28 Capital's Effective Interest Rate on Debt % compare to competitors?
Nickel 28 Capital's Effective Interest Rate on Debt % of 5.03% 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 Nickel 28 Capital and its competitors. Nickel 28 Capital's current Effective Interest Rate on Debt % is 5.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel 28 Capital stock overvalued right now?
Nickel 28 Capital (CONXF) has a current Effective Interest Rate on Debt % of 5.03%. The current Effective Interest Rate on Debt % is 5.03%. Nickel 28 Capital's overall GF Score™ is 36/100 with 1 warning sign to review. 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 Nickel 28 Capital (CONXF), the current Effective Interest Rate on Debt % is 5.03% 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.

Nickel 28 Capital Business Description

Other Exchanges 3JC:GermanyNKL:Canada
Address 666 Burrard Street, Suite 2700, Toronto, ON, CAN, V6C 2X8
Nickel 28 Capital Corp is a base metals company offering direct exposure to nickel and cobalt. The Company holds a joint-venture interest in the producing Ramu Nickel-Cobalt Operation in Papua New Guinea and manages a portfolio of nickel and cobalt royalties in projects in Canada, Australia, and Papua New Guinea, including royalties in the Dumont nickel project in Quebec and the Turnagain nickel project in British Columbia. The Company is engaged in the management and acquisition of joint venture and royalty interests in the nickel and cobalt sectors. Its primary focus is on opportunities that could provide shareholders with near-term cash flow and royalties on production and exploration-stage nickel and/or cobalt properties. The Company operates in Canada and Asia Pacific.
36GF Score

Get the complete analysis for CONXF

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.85
Price