NRDMF (NordX Metals) Effective Interest Rate on Debt %: 14.29% (As of Apr. 2026)


NRDMF NordX Metals Corp NRDMF
34 GF Score
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What is NordX Metals Effective Interest Rate on Debt %?

NordX Metals NRDMF 34 Effective Interest Rate on Debt % is 14.29% as of Apr. 2026. GuruFocus rates NRDMF with a GF Score™ of 34/100. 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. NordX Metals's annualized positive value of Interest Expense for the quarter that ended in Apr. 2026 was $0.00 Mil. NordX Metals's average total debt for the quarter that ended in Apr. 2026 was $0.03 Mil. Therefore, NordX Metals's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 was 14.29%.

NordX Metals  (OTCPK:NRDMF) Effective Interest Rate on Debt % Explanation

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

NordX Metals Effective Interest Rate on Debt % Related Terms

NordX Metals Effective Interest Rate on Debt % Historical Data

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The historical data trend for NordX Metals'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.

NordX Metals Effective Interest Rate on Debt % Chart

NordX Metals Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 19.46 22.90

NordX Metals Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 26.89 22.22 17.39 21.62 14.29

NordX Metals Effective Interest Rate on Debt % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, NordX Metals'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.

NordX Metals Effective Interest Rate on Debt % vs Metals & Mining Industry

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

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


NRDMF
34GF Score
NordX Metals Corp NRDMF
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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NordX Metals Effective Interest Rate on Debt % Calculation

NordX Metals's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jul. 2024 )+Total Debt  (A: Jul. 2025 ))/ count )
=-1  *  -0.015/( (0.08+0.051)/ 2 )
=-1  *  -0.015/0.0655
=22.90 %

where

Total Debt  (A: Jul. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.05 + 0.03
=0.08

Total Debt  (A: Jul. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.014 + 0.037
=0.051

NordX Metals's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jan. 2026 )+Total Debt  (Q: Apr. 2026 ))/ count )
=-1  *  -0.004/( (0.033+0.023)/ 2 )
=-1  *  -0.004/0.028
=14.29 %

where

Total Debt  (Q: Jan. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.033
=0.033

Total Debt  (Q: Apr. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.023
=0.023

* 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 (Apr. 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 14.29% mean?
NordX Metals (NRDMF) has a Effective Interest Rate on Debt % of 14.29% as of Apr. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on NordX Metals and its competitors.
Is NordX Metals' Effective Interest Rate on Debt % too high?
NordX Metals' current Effective Interest Rate on Debt % is 14.29%. Overall, NordX Metals has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does NordX Metals' Effective Interest Rate on Debt % compare to competitors?
NordX Metals' Effective Interest Rate on Debt % of 14.29% 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 NordX Metals and its competitors. NordX Metals's current Effective Interest Rate on Debt % is 14.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NordX Metals stock overvalued right now?
NordX Metals (NRDMF) has a current Effective Interest Rate on Debt % of 14.29%. The current Effective Interest Rate on Debt % is 14.29%. NordX Metals' overall GF Score™ is 34/100 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 NordX Metals (NRDMF), the current Effective Interest Rate on Debt % is 14.29% as of Apr. 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.

NordX Metals Business Description

Other Exchanges 0UL0:GermanyNRDX:Canada
Address 1030 West Georgia Street, Suite 710, Vancouver, BC, CAN, V6E 2Y3
NordX Metals Corp is an exploration and development company energized by the world-wide demand for lithium. The company is targeting lithium and uranium projects in politically safe jurisdictions with modern infrastructure that allows for rapid and cost-effective exploration, development, and production opportunities.
34GF 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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