TMTNF (Toromont Industries) Effective Interest Rate on Debt %: 4.22% (As of Mar. 2026)

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TMTNF Toromont Industries Ltd TMTNF
89 GF Score
Price $160.59
GF Value $101.53
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Toromont Industries Effective Interest Rate on Debt %?

Toromont Industries TMTNF 89 Effective Interest Rate on Debt % is 4.22% as of Mar. 2026. GuruFocus rates TMTNF with a GF Score™ of 89/100 and a GF Value™ of $101.53 (Significantly Overvalued). The stock has 6 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. Toromont Industries's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $26 Mil. Toromont Industries's average total debt for the quarter that ended in Mar. 2026 was $617 Mil. Therefore, Toromont Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 4.22%.


Toromont Industries  (OTCPK:TMTNF) Effective Interest Rate on Debt % Explanation

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


Toromont Industries Effective Interest Rate on Debt % Related Terms


Toromont Industries Effective Interest Rate on Debt % Historical Data

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The historical data trend for Toromont Industries'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.

Toromont Industries Effective Interest Rate on Debt % Chart

Toromont Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.21 3.97 4.18 4.05 4.66

Toromont Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.53 4.09 3.97 4.21 4.22

TMTNF vs GWW, FAST, FERG: Effective Interest Rate on Debt % Comparison

For the Industrial Distribution subindustry, Toromont Industries'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.


Toromont Industries Effective Interest Rate on Debt % vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Toromont Industries's Effective Interest Rate on Debt % distribution charts can be found below:

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


TMTNF
89GF Score
Toromont Industries Ltd TMTNF
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Toromont Industries Effective Interest Rate on Debt % Calculation

Toromont Industries'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  *  -25.658/( (484.113+616.974)/ 2 )
=-1  *  -25.658/550.5435
=4.66 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=372.714 + 111.399
=484.113

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=609.725 + 7.249
=616.974

Toromont Industries'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  *  -26.02/( (616.974+616.093)/ 2 )
=-1  *  -26.02/616.5335
=4.22 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=609.725 + 7.249
=616.974

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=616.093 + 0
=616.093

* 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 4.22% mean?
Toromont Industries (TMTNF) has a Effective Interest Rate on Debt % of 4.22% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Toromont Industries and its competitors.
Is Toromont Industries' Effective Interest Rate on Debt % too high?
Toromont Industries' current Effective Interest Rate on Debt % is 4.22%. Overall, Toromont Industries has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toromont Industries' Effective Interest Rate on Debt % compare to GWW and FAST?
Toromont Industries' Effective Interest Rate on Debt % of 4.22% can be compared against companies in the Industrial Distribution 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 an Industrial Distribution company?
A good Effective Interest Rate on Debt % depends on the Industrial Distribution 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 Toromont Industries and its competitors. Toromont Industries's current Effective Interest Rate on Debt % is 4.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toromont Industries stock overvalued right now?
Based on GuruFocus' analysis, Toromont Industries (TMTNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $101.53, compared to a current price of $160.59 — trading 58.2% above its estimated fair value. The current Effective Interest Rate on Debt % is 4.22%. Toromont Industries' overall GF Score™ is 89/100 with 6 warning signs 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 Toromont Industries (TMTNF), the current Effective Interest Rate on Debt % is 4.22% 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.

Is Toromont Industries (TMTNF) Overvalued in 2026?

Based on GuruFocus' analysis, Toromont Industries stock appears to be overvalued. The current stock price of $160.59 is trading 58.2% above its estimated GF Value™ of $101.53. GuruFocus considers Toromont Industries to be Significantly Overvalued.

Key valuation signals for TMTNF:

  • Effective Interest Rate on Debt %: 4.22%
  • GF Value™: $101.53 vs. price of $160.59 (58.2% above fair value)
  • GF Score™: 89/100 with 6 warning signs

No single metric tells the full story. See the TMTNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toromont Industries Business Description

Address 3131 Highway 7 West, P.O. Box 5511, Executive Offices, Concord, ON, CAN, L4K 1B7
Toromont Industries Ltd is a Canadian industrial company. The company operates two business segments: Equipment Group and CIMCO. The larger segment by revenue, Equipment Group supplies and rents mobile and stationary machines used in road building, mining, aggregates, public infrastructure, residential construction, power generation, agriculture, forestry, truck engines, industrial, demolition, and waste management. CIMCO offers solutions for the design, engineering, fabrication, and installation of industrial and recreational refrigeration systems. The company operates majorly in Canada and derives a smaller portion of sales from the United States of America and other regions.
89GF Score

Get the complete analysis for TMTNF

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$160.59
Price
$101.53
GF Value