GMTNF (Gold Mountain Mining) Effective Interest Rate on Debt %: 13.74% (As of Jan. 2025)


What is Gold Mountain Mining Effective Interest Rate on Debt %?

Gold Mountain Mining GMTNF -99.00% Effective Interest Rate on Debt % is 13.74% as of Jan. 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. Gold Mountain Mining's annualized positive value of Interest Expense for the quarter that ended in Jan. 2025 was $1.09 Mil. Gold Mountain Mining's average total debt for the quarter that ended in Jan. 2025 was $7.95 Mil. Therefore, Gold Mountain Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2025 was 13.74%.

Gold Mountain Mining  (OTCPK:GMTNF) Effective Interest Rate on Debt % Explanation

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

Gold Mountain Mining Effective Interest Rate on Debt % Related Terms

Gold Mountain Mining Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Gold Mountain 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.

Gold Mountain Mining Effective Interest Rate on Debt % Chart

Gold Mountain Mining Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 16.63 14.78 14.60 19.34 21.16

Gold Mountain Mining Quarterly Data
Jan19 Jan20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 53.20 37.44 15.49 16.94 13.74

GMTNF vs LBRMF, NRHI, WOLV: Effective Interest Rate on Debt % Comparison

For the Gold subindustry, Gold Mountain 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.

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

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

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


Gold Mountain Mining Effective Interest Rate on Debt % Calculation

Gold Mountain Mining's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2024 )+Total Debt  (A: Jan. 2025 ))/ count )
=-1  *  -0.942/( (1.03+7.875)/ 2 )
=-1  *  -0.942/4.4525
=21.16 %

where

Total Debt  (A: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.095 + 0.935
=1.03

Total Debt  (A: Jan. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.844 + 1.031
=7.875

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2024 )+Total Debt  (Q: Jan. 2025 ))/ count )
=-1  *  -1.092/( (8.022+7.875)/ 2 )
=-1  *  -1.092/7.9485
=13.74 %

where

Total Debt  (Q: Oct. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.924 + 1.098
=8.022

Total Debt  (Q: Jan. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.844 + 1.031
=7.875

* 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 (Jan. 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 13.74% mean?
Gold Mountain Mining (GMTNF) has a Effective Interest Rate on Debt % of 13.74% as of Jan. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Gold Mountain Mining and its competitors.
Is Gold Mountain Mining's Effective Interest Rate on Debt % too high?
Gold Mountain Mining's current Effective Interest Rate on Debt % is 13.74%.
How does Gold Mountain Mining's Effective Interest Rate on Debt % compare to LBRMF and NRHI?
Gold Mountain Mining's Effective Interest Rate on Debt % of 13.74% 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 Gold Mountain Mining and its competitors. Gold Mountain Mining's current Effective Interest Rate on Debt % is 13.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Mountain Mining stock overvalued right now?
Gold Mountain Mining (GMTNF) has a current Effective Interest Rate on Debt % of 13.74%. The current Effective Interest Rate on Debt % is 13.74%. 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 Gold Mountain Mining (GMTNF), the current Effective Interest Rate on Debt % is 13.74% as of Jan. 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.

Gold Mountain Mining Business Description

Address 1285 West Pender Street, Suite 1000, Vancouver, BC, CAN, V6E 4B1
Gold Mountain Mining Corp is a gold and silver exploration and development company. It focuses on the expansion of the resource at the Elk Gold Project, a past-producing mine located 57 km from Merritt in South Central British Columbia. It operates in a single segment, being the production of crushed ore and mineral exploration and development of resources.