FRSPF (First Phosphate) Effective Interest Rate on Debt %: 1.31% (As of Feb. 2026)


FRSPF First Phosphate Corp FRSPF
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What is First Phosphate Effective Interest Rate on Debt %?

First Phosphate FRSPF -6.24% 30 Effective Interest Rate on Debt % is 1.31% as of Feb. 2026. GuruFocus rates FRSPF with a GF Score™ of 30/100. 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. First Phosphate's annualized positive value of Interest Expense for the quarter that ended in Feb. 2026 was $0.00 Mil. First Phosphate's average total debt for the quarter that ended in Feb. 2026 was $0.30 Mil. Therefore, First Phosphate's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2026 was 1.31%.


First Phosphate  (OTCPK:FRSPF) Effective Interest Rate on Debt % Explanation

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


First Phosphate Effective Interest Rate on Debt % Related Terms


First Phosphate Effective Interest Rate on Debt % Historical Data

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The historical data trend for First Phosphate'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.

First Phosphate Effective Interest Rate on Debt % Chart

First Phosphate Annual Data
Trend Feb11 Feb12 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
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 40.43

First Phosphate 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 1.31

First Phosphate Effective Interest Rate on Debt % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, First Phosphate'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.


First Phosphate Effective Interest Rate on Debt % vs Metals & Mining Industry

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

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


FRSPF
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First Phosphate Corp FRSPF
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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First Phosphate Effective Interest Rate on Debt % Calculation

First Phosphate's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Feb. 2025 )+Total Debt  (A: Feb. 2026 ))/ count )
=-1  *  -0.245/( (0+0.606)/ 1 )
=-1  *  -0.245/0.606
=40.43 %

where

Total Debt  (A: Feb. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.577 + 0.029
=0.606

First Phosphate'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/( (0.003+0.606)/ 2 )
=-1  *  -0.004/0.3045
=1.31 %

where

Total Debt  (Q: Nov. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.001 + 0.002
=0.003

Total Debt  (Q: Feb. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.577 + 0.029
=0.606

* 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 1.31% mean?
First Phosphate (FRSPF) has a Effective Interest Rate on Debt % of 1.31% as of Feb. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on First Phosphate and its competitors.
Is First Phosphate's Effective Interest Rate on Debt % too high?
First Phosphate's current Effective Interest Rate on Debt % is 1.31%. Overall, First Phosphate has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does First Phosphate's Effective Interest Rate on Debt % compare to competitors?
First Phosphate's Effective Interest Rate on Debt % of 1.31% 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 First Phosphate and its competitors. First Phosphate's current Effective Interest Rate on Debt % is 1.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Phosphate stock overvalued right now?
First Phosphate (FRSPF) has a current Effective Interest Rate on Debt % of 1.31%. The current Effective Interest Rate on Debt % is 1.31%. First Phosphate's overall GF Score™ is 30/100 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 First Phosphate (FRSPF), the current Effective Interest Rate on Debt % is 1.31% 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.

First Phosphate Business Description

Address 1055 West Georgia Street, Suite 1500, Royal Centre, P.O. Box 11117, Vancouver, BC, CAN, V6E 4N7
First Phosphate Corp owns and is developing igneous rock phosphate mineral properties in the Saguenay Region of Quebec for the production of phosphoric acid for the production of cathode active material for use in lithium iron phosphate (LPF) batteries for the electric vehicle industry.
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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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