Thistle Resources (FRA:BU9) Effective Interest Rate on Debt %: 14.58% (As of Mar. 2026)

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FRA:BU9 Thistle Resources Inc FRA:BU9
12 GF Score
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What is Thistle Resources Effective Interest Rate on Debt %?

Thistle Resources FRA:BU9 12 Effective Interest Rate on Debt % is 14.58% as of Mar. 2026. GuruFocus rates FRA:BU9 with a GF Score™ of 12/100.

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. Thistle Resources's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was €0.14 Mil. Thistle Resources's average total debt for the quarter that ended in Mar. 2026 was €0.93 Mil. Therefore, Thistle Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 14.58%.


Thistle Resources  (FRA:BU9) Effective Interest Rate on Debt % Explanation

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


Thistle Resources Effective Interest Rate on Debt % Related Terms


Thistle Resources Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Thistle 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.

Thistle Resources Effective Interest Rate on Debt % Chart

Thistle Resources Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
20.00 0.82 3.64 10.89

Thistle Resources Quarterly Data
Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.15 3.64 2.34 32.43 14.58

Thistle Resources Effective Interest Rate on Debt % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Thistle 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.


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

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

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


FRA:BU9
12GF Score
Thistle Resources Inc FRA:BU9
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thistle Resources Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -0.104/( (0.988+0.922)/ 2 )
=-1  *  -0.104/0.955
=10.89 %

where

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -0.136/( (0.922+0.943)/ 2 )
=-1  *  -0.136/0.9325
=14.58 %

where

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.929 + 0.014
=0.943

* 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 (Mar. 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 14.58% mean?
Thistle Resources (FRA:BU9) has a Effective Interest Rate on Debt % of 14.58% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Thistle Resources and its competitors.
Is Thistle Resources' Effective Interest Rate on Debt % too high?
Thistle Resources' current Effective Interest Rate on Debt % is 14.58%. Overall, Thistle Resources has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Thistle Resources' Effective Interest Rate on Debt % compare to competitors?
Thistle Resources' Effective Interest Rate on Debt % of 14.58% 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 Thistle Resources and its competitors. Thistle Resources's current Effective Interest Rate on Debt % is 14.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thistle Resources stock overvalued right now?
Thistle Resources (FRA:BU9) has a current Effective Interest Rate on Debt % of 14.58%. The current Effective Interest Rate on Debt % is 14.58%. Thistle Resources' overall GF Score™ is 12/100. 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 Thistle Resources (FRA:BU9), the current Effective Interest Rate on Debt % is 14.58% as of Mar. 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.

Thistle Resources Business Description

Other Exchanges TRCG:Canada
Address 77 King Street West, Suite 3000, TD Centre North Tower, Toronto, ON, CAN, M5K 1G8
Thistle Resources Inc is engaged in base and precious metal exploration in the Bathurst Mining Camp, New Brunswick, and the Cape Breton Highlands Region, Nova Scotia. The company wholly-owns the following mineral exploration projects: Middle River Gold Project; Middle River VMS Project; Celtic Highlands Project and Alba Forks Project. It has acquired the option to purchase the mineral claims associated with the Brunswick Gold-Silver Project.
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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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