RMESF (Red Metal Resources) Effective Interest Rate on Debt %: 12.31% (As of Jan. 2026)


What is Red Metal Resources Effective Interest Rate on Debt %?

Red Metal Resources RMESF Effective Interest Rate on Debt % is 12.31% as of Jan. 2026. The stock has 2 warning signs 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. Red Metal Resources's annualized positive value of Interest Expense for the quarter that ended in Jan. 2026 was $0.20 Mil. Red Metal Resources's average total debt for the quarter that ended in Jan. 2026 was $1.66 Mil. Therefore, Red Metal Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2026 was 12.31%.

Red Metal Resources  (OTCPK:RMESF) Effective Interest Rate on Debt % Explanation

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

Red Metal Resources Effective Interest Rate on Debt % Related Terms

Red Metal Resources Effective Interest Rate on Debt % Historical Data

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The historical data trend for Red Metal Resources'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.

Red Metal Resources Effective Interest Rate on Debt % Chart

Red Metal Resources Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.93 8.42 8.00 9.02 12.21

Red Metal Resources Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 15.70 11.46 11.94 11.93 12.31

Red Metal Resources Effective Interest Rate on Debt % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Red Metal Resources'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.

Red Metal Resources Effective Interest Rate on Debt % vs Metals & Mining Industry

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

* The bar in red indicates where Red Metal Resources's Effective Interest Rate on Debt % falls into.


Red Metal Resources Effective Interest Rate on Debt % Calculation

Red Metal Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2025 )+Total Debt  (A: Jan. 2026 ))/ count )
=-1  *  -0.188/( (1.417+1.662)/ 2 )
=-1  *  -0.188/1.5395
=12.21 %

where

Total Debt  (A: Jan. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.063 + 0.354
=1.417

Total Debt  (A: Jan. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.96 + 0.702
=1.662

Red Metal Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2025 )+Total Debt  (Q: Jan. 2026 ))/ count )
=-1  *  -0.204/( (1.653+1.662)/ 2 )
=-1  *  -0.204/1.6575
=12.31 %

where

Total Debt  (Q: Oct. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.049 + 0.604
=1.653

Total Debt  (Q: Jan. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.96 + 0.702
=1.662

* 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. 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 12.31% mean?
Red Metal Resources (RMESF) has a Effective Interest Rate on Debt % of 12.31% as of Jan. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Red Metal Resources and its competitors.
Is Red Metal Resources' Effective Interest Rate on Debt % too high?
Red Metal Resources' current Effective Interest Rate on Debt % is 12.31%.
How does Red Metal Resources' Effective Interest Rate on Debt % compare to competitors?
Red Metal Resources' Effective Interest Rate on Debt % of 12.31% 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 Red Metal Resources and its competitors. Red Metal Resources's current Effective Interest Rate on Debt % is 12.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Metal Resources stock overvalued right now?
Red Metal Resources (RMESF) has a current Effective Interest Rate on Debt % of 12.31%. The current Effective Interest Rate on Debt % is 12.31%. 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 Red Metal Resources (RMESF), the current Effective Interest Rate on Debt % is 12.31% as of Jan. 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.

Red Metal Resources Business Description

Other Exchanges I660:GermanyRMES:Canada
Address 1130 West Pender Street, Suite 555, Vancouver, BC, CAN, V6E 4A4
Red Metal Resources Ltd is involved in acquiring and exploring mineral properties in Chile. The company's interest in exploration and evaluation assets consisted of three active copper-gold projects on two properties, namely the Farellon and Perth Projects, both located on the Carrizal Property, and the Mateo Project, located on the Mateo Property. It operates in Chile and Canada.