SNANF (Sona Nanotech) Effective Interest Rate on Debt %: 13.62% (As of Apr. 2026)

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SNANF Sona Nanotech Inc SNANF
26 GF Score
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What is Sona Nanotech Effective Interest Rate on Debt %?

Sona Nanotech SNANF 26 Effective Interest Rate on Debt % is 13.62% as of Apr. 2026. GuruFocus rates SNANF with a GF Score™ of 26/100. 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. Sona Nanotech's annualized positive value of Interest Expense for the quarter that ended in Apr. 2026 was $0.03 Mil. Sona Nanotech's average total debt for the quarter that ended in Apr. 2026 was $0.24 Mil. Therefore, Sona Nanotech's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 was 13.62%.


Sona Nanotech  (OTCPK:SNANF) Effective Interest Rate on Debt % Explanation

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


Sona Nanotech Effective Interest Rate on Debt % Related Terms


Sona Nanotech Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Sona Nanotech'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.

Sona Nanotech Effective Interest Rate on Debt % Chart

Sona Nanotech Annual Data
Trend Oct15 Oct16 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 8.03 12.06 10.71 11.05

Sona Nanotech 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 13.65 12.90 -2.97 14.19 13.62

SNANF vs TMO, DHR, IDXX: Effective Interest Rate on Debt % Comparison

For the Biotechnology subindustry, Sona Nanotech'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.


Sona Nanotech Effective Interest Rate on Debt % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Sona Nanotech's Effective Interest Rate on Debt % distribution charts can be found below:

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


SNANF
26GF Score
Sona Nanotech Inc SNANF
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sona Nanotech Effective Interest Rate on Debt % Calculation

Sona Nanotech's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2024 )+Total Debt  (A: Oct. 2025 ))/ count )
=-1  *  -0.028/( (0.287+0.22)/ 2 )
=-1  *  -0.028/0.2535
=11.05 %

where

Sona Nanotech'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  *  -0.032/( (0.231+0.239)/ 2 )
=-1  *  -0.032/0.235
=13.62 %

where

* 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 13.62% mean?
Sona Nanotech (SNANF) has a Effective Interest Rate on Debt % of 13.62% as of Apr. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Sona Nanotech and its competitors.
Is Sona Nanotech's Effective Interest Rate on Debt % too high?
Sona Nanotech's current Effective Interest Rate on Debt % is 13.62%. Overall, Sona Nanotech has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Sona Nanotech's Effective Interest Rate on Debt % compare to TMO and DHR?
Sona Nanotech's Effective Interest Rate on Debt % of 13.62% can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Effective Interest Rate on Debt % depends on the Biotechnology 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 Sona Nanotech and its competitors. Sona Nanotech's current Effective Interest Rate on Debt % is 13.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sona Nanotech stock overvalued right now?
Sona Nanotech (SNANF) has a current Effective Interest Rate on Debt % of 13.62%. The current Effective Interest Rate on Debt % is 13.62%. Sona Nanotech's overall GF Score™ is 26/100 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 Sona Nanotech (SNANF), the current Effective Interest Rate on Debt % is 13.62% 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.

Sona Nanotech Business Description

Other Exchanges SONA:Canada
Address 1969 Upper Water Street, Suite 2001, Purdy’s Wharf Tower II, Halifax, NS, CAN, B3J 3R7
Sona Nanotech Inc is involved in the nanotechnology life sciences industry. It has developed two proprietary methods for the manufacture of rod-shaped gold nanoparticles and is engaged in the research and development of its proprietary technology for use in biomedical applications and multiplex diagnostic testing platforms. The company is using its gold nano rods manufacturing technology to develop new products and methods for cancer treatment, including a Targeted Hyperthermia Therapy (THT). Additionally, it has filed patent applications in the U.S. regarding a gold nanorod conjugation concept for targeted drug delivery, combination therapies for treating cancer, and for an endoscope with an optical fibre and thermal sensor for photothermal therapy.
26GF 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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