Sixty North Gold Mining (FRA:2F40) Effective Interest Rate on Debt %: 48.88% (As of Apr. 2026)

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FRA:2F40 Sixty North Gold Mining Ltd FRA:2F40
35 GF Score
Price €0.08
! 1 Warning Sign
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What is Sixty North Gold Mining Effective Interest Rate on Debt %?

Sixty North Gold Mining FRA:2F40 +8.16% 35 Effective Interest Rate on Debt % is 48.88% as of Apr. 2026. GuruFocus rates FRA:2F40 with a GF Score™ of 35/100. 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. Sixty North Gold Mining's annualized positive value of Interest Expense for the quarter that ended in Apr. 2026 was €0.52 Mil. Sixty North Gold Mining's average total debt for the quarter that ended in Apr. 2026 was €1.07 Mil. Therefore, Sixty North Gold Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 was 48.88%.


Sixty North Gold Mining  (FRA:2F40) Effective Interest Rate on Debt % Explanation

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


Sixty North Gold Mining Effective Interest Rate on Debt % Related Terms


Sixty North Gold Mining Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Sixty North Gold Mining'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.

Sixty North Gold Mining Effective Interest Rate on Debt % Chart

Sixty North Gold Mining Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Sixty North Gold Mining 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 0.00 0.00 0.00 18.18 48.88

FRA:2F40 vs NEM, AU: Effective Interest Rate on Debt % Comparison

For the Gold subindustry, Sixty North Gold Mining'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.


Sixty North Gold Mining Effective Interest Rate on Debt % vs Metals & Mining Industry

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

* The bar in red indicates where Sixty North Gold Mining's Effective Interest Rate on Debt % falls into.


FRA:2F40
35GF Score
Sixty North Gold Mining Ltd FRA:2F40
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sixty North Gold Mining Effective Interest Rate on Debt % Calculation

Sixty North Gold Mining'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  *  -0.002/( (0+0)/ 1 )
=-1  *  -0.002/0
=N/A %

where

Sixty North Gold Mining'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  *  -0.524/( (1.034+1.11)/ 2 )
=-1  *  -0.524/1.072
=48.88 %

where

* 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 48.88% mean?
Sixty North Gold Mining (FRA:2F40) has a Effective Interest Rate on Debt % of 48.88% as of Apr. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Sixty North Gold Mining and its competitors.
Is Sixty North Gold Mining's Effective Interest Rate on Debt % too high?
Sixty North Gold Mining's current Effective Interest Rate on Debt % is 48.88%. Overall, Sixty North Gold Mining has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Sixty North Gold Mining's Effective Interest Rate on Debt % compare to NEM and AU?
Sixty North Gold Mining's Effective Interest Rate on Debt % of 48.88% 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 Sixty North Gold Mining and its competitors. Sixty North Gold Mining's current Effective Interest Rate on Debt % is 48.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sixty North Gold Mining stock overvalued right now?
Sixty North Gold Mining (FRA:2F40) has a current Effective Interest Rate on Debt % of 48.88%. The current Effective Interest Rate on Debt % is 48.88%. Sixty North Gold Mining's overall GF Score™ is 35/100 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 Sixty North Gold Mining (FRA:2F40), the current Effective Interest Rate on Debt % is 48.88% 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.

Sixty North Gold Mining Business Description

Other Exchanges SXNTF:USASXTY:Canada
Address 6120 - 185A Street, Surrey, BC, CAN, V3S 7P9
Sixty North Gold Mining Ltd is engaged in the acquisition and exploration of mineral property assets. The company entered into a mineral property earn-in agreement with New Discovery Mines. The projects of the company include the development and exploration of the Mon Gold Property.
35GF Score

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

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