GQMLF (Ongwe Minerals) Effective Interest Rate on Debt %: 12.44% (As of Mar. 2026)

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GQMLF Ongwe Minerals Inc GQMLF
12 GF Score
Price $0.90
! 1 Warning Sign
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What is Ongwe Minerals Effective Interest Rate on Debt %?

Ongwe Minerals GQMLF 12 Effective Interest Rate on Debt % is 12.44% as of Mar. 2026. GuruFocus rates GQMLF with a GF Score™ of 12/100. 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. Ongwe Minerals's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $0.03 Mil. Ongwe Minerals's average total debt for the quarter that ended in Mar. 2026 was $0.23 Mil. Therefore, Ongwe Minerals's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 12.44%.

Ongwe Minerals  (OTCPK:GQMLF) Effective Interest Rate on Debt % Explanation

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

Ongwe Minerals Effective Interest Rate on Debt % Related Terms

Ongwe Minerals Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Ongwe Minerals'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.

Ongwe Minerals Effective Interest Rate on Debt % Chart

Ongwe Minerals Annual Data
Trend Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
0.00 0.00 3.11

Ongwe Minerals Quarterly Data
Dec23 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial 0.00 0.00 0.00 -33.78 12.44

GQMLF vs NEM, AU: Effective Interest Rate on Debt % Comparison

For the Gold subindustry, Ongwe Minerals'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.

Ongwe Minerals Effective Interest Rate on Debt % vs Metals & Mining Industry

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

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


GQMLF
12GF Score
Ongwe Minerals Inc GQMLF
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ongwe Minerals Effective Interest Rate on Debt % Calculation

Ongwe Minerals'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  *  -0.007/( (0+0.225)/ 1 )
=-1  *  -0.007/0.225
=3.11 %

where

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

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.225 + 0
=0.225

Ongwe Minerals'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  *  -0.028/( (0.225+0)/ 1 )
=-1  *  -0.028/0.225
=12.44 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.225 + 0
=0.225

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

* 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 12.44% mean?
Ongwe Minerals (GQMLF) has a Effective Interest Rate on Debt % of 12.44% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Ongwe Minerals and its competitors.
Is Ongwe Minerals' Effective Interest Rate on Debt % too high?
Ongwe Minerals' current Effective Interest Rate on Debt % is 12.44%. Overall, Ongwe Minerals has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Ongwe Minerals' Effective Interest Rate on Debt % compare to NEM and AU?
Ongwe Minerals' Effective Interest Rate on Debt % of 12.44% 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 Ongwe Minerals and its competitors. Ongwe Minerals's current Effective Interest Rate on Debt % is 12.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ongwe Minerals stock overvalued right now?
Ongwe Minerals (GQMLF) has a current Effective Interest Rate on Debt % of 12.44%. The current Effective Interest Rate on Debt % is 12.44%. Ongwe Minerals' overall GF Score™ is 12/100 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 Ongwe Minerals (GQMLF), the current Effective Interest Rate on Debt % is 12.44% 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.

Ongwe Minerals Business Description

Other Exchanges OGW:Canada
Address 1890 - 1075 West Georgia Street, Vancouver, BC, CAN, V6E 3C9
Ongwe Minerals Inc is engaged in the exploration business focused on discovery and development of new gold systems in Namibia. In Namibia, it is focused on the Khorixas Gold Project, Omatjete Gold and Lithium Project, Outjo Gold Project where exploration has identified gold prospects, and activities include soil and bedrock sampling, drone magnetic surveys, and geological mapping.
12GF 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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