GANDF (Gander Gold) Effective Interest Rate on Debt %: 8.75% (As of Mar. 2025)


What is Gander Gold Effective Interest Rate on Debt %?

Gander Gold GANDF Effective Interest Rate on Debt % is 8.75% as of Mar. 2025.

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. Gander Gold's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was $0.05 Mil. Gander Gold's average total debt for the quarter that ended in Mar. 2025 was $0.59 Mil. Therefore, Gander Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 8.75%.

Gander Gold  (OTCPK:GANDF) Effective Interest Rate on Debt % Explanation

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

Gander Gold Effective Interest Rate on Debt % Related Terms

Gander Gold Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Gander Gold'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.

Gander Gold Effective Interest Rate on Debt % Chart

Gander Gold Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Effective Interest Rate on Debt %
0.00 0.00 0.00 6.21

Gander Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 9.50 9.47 9.78 8.77 8.75

GANDF vs GTIJF, ENRT, NRHI: Effective Interest Rate on Debt % Comparison

For the Gold subindustry, Gander Gold'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.

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

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

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


Gander Gold Effective Interest Rate on Debt % Calculation

Gander Gold's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2023 )+Total Debt  (A: Jun. 2024 ))/ count )
=-1  *  -0.029/( (0+0.467)/ 1 )
=-1  *  -0.029/0.467
=6.21 %

where

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (A: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.467
=0.467

Gander Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -0.052/( (0.59+0.599)/ 2 )
=-1  *  -0.052/0.5945
=8.75 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.59
=0.59

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.599
=0.599

* 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. 2025) 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 8.75% mean?
Gander Gold (GANDF) has a Effective Interest Rate on Debt % of 8.75% as of Mar. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Gander Gold and its competitors.
Is Gander Gold's Effective Interest Rate on Debt % too high?
Gander Gold's current Effective Interest Rate on Debt % is 8.75%.
How does Gander Gold's Effective Interest Rate on Debt % compare to GTIJF and ENRT?
Gander Gold's Effective Interest Rate on Debt % of 8.75% 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 Gander Gold and its competitors. Gander Gold's current Effective Interest Rate on Debt % is 8.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gander Gold stock overvalued right now?
Gander Gold (GANDF) has a current Effective Interest Rate on Debt % of 8.75%. The current Effective Interest Rate on Debt % is 8.75%. 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 Gander Gold (GANDF), the current Effective Interest Rate on Debt % is 8.75% as of Mar. 2025. 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.

Gander Gold Business Description

Address 1681 Chestnut Street, Suite 400, Vancouver, BC, CAN, V6J 4M6
Gander Gold Corp is an exploration stage resource company engaged in the identification, acquisition, and exploration of precious and base metals projects in Canada. Its focus is the prospective ground in the Central Newfoundland Gold Belt, on Canada's Atlantic coast. The company's projects in Newfoundland include Gander North, Mt. Peyton, Cape Ray II, BLT, Carmanville Gander South, Hermitage, and Little River.