Cameco (TSX:CCO) Effective Interest Rate on Debt %: 9.13% (As of Mar. 2026)

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TSX:CCO Cameco Corp TSX:CCO
89 GF Score
Price C$123.87
GF Value C$93.98
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Cameco Effective Interest Rate on Debt %?

Cameco TSX:CCO -1.59% 89 Effective Interest Rate on Debt % is 9.13% as of Mar. 2026. GuruFocus rates TSX:CCO with a GF Score™ of 89/100 and a GF Value™ of C$93.98 (Significantly Overvalued). The stock has 3 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. Cameco's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was C$91 Mil. Cameco's average total debt for the quarter that ended in Mar. 2026 was C$996 Mil. Therefore, Cameco's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 9.13%.


Cameco  (TSX:CCO) Effective Interest Rate on Debt % Explanation

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


Cameco Effective Interest Rate on Debt % Related Terms


Cameco Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Cameco'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.

Cameco Effective Interest Rate on Debt % Chart

Cameco 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 6.10 6.93 6.62 8.36 8.41

Cameco 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 8.95 8.99 5.21 21.86 9.13

TSX:CCO vs UEC, LEU: Effective Interest Rate on Debt % Comparison

For the Uranium subindustry, Cameco'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.


Cameco Effective Interest Rate on Debt % vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Cameco's Effective Interest Rate on Debt % distribution charts can be found below:

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


TSX:CCO
89GF Score
Cameco Corp TSX:CCO
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cameco Effective Interest Rate on Debt % Calculation

Cameco'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  *  -95.719/( (1281.29+996.348)/ 2 )
=-1  *  -95.719/1138.819
=8.41 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=995.583 + 285.707
=1281.29

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=996.348 + 0
=996.348

Cameco'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  *  -91.016/( (996.348+996.549)/ 2 )
=-1  *  -91.016/996.4485
=9.13 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=996.348 + 0
=996.348

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=996.549 + 0
=996.549

* 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 9.13% mean?
Cameco (TSX:CCO) has a Effective Interest Rate on Debt % of 9.13% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Cameco and its competitors.
Is Cameco's Effective Interest Rate on Debt % too high?
Cameco's current Effective Interest Rate on Debt % is 9.13%. Overall, Cameco has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cameco's Effective Interest Rate on Debt % compare to UEC and LEU?
Cameco's Effective Interest Rate on Debt % of 9.13% can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good Effective Interest Rate on Debt % depends on the Other Energy Sources 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 Cameco and its competitors. Cameco's current Effective Interest Rate on Debt % is 9.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cameco stock overvalued right now?
Based on GuruFocus' analysis, Cameco (TSX:CCO) is currently considered Significantly Overvalued. The stock's GF Value™ is C$93.98, compared to a current price of C$123.87 — trading 31.8% above its estimated fair value. The current Effective Interest Rate on Debt % is 9.13%. Cameco's overall GF Score™ is 89/100 with 3 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 Cameco (TSX:CCO), the current Effective Interest Rate on Debt % is 9.13% 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 Cameco (TSX:CCO) Overvalued in 2026?

Based on GuruFocus' analysis, Cameco stock appears to be overvalued. The current stock price of C$123.87 is trading 31.8% above its estimated GF Value™ of C$93.98. GuruFocus considers Cameco to be Significantly Overvalued.

Key valuation signals for TSX:CCO:

  • Effective Interest Rate on Debt %: 9.13%
  • GF Value™: C$93.98 vs. price of C$123.87 (31.8% above fair value)
  • GF Score™: 89/100 with 3 warning signs

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


Cameco Business Description

Address 11th Street West, Suite 2121, Saskatoon, SK, CAN, S7M 1J3
Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe and is one of those uranium producers. It has three reportable segments: Uranium, Fuel Services, and Westinghouse, deriving maximum revenue from the Westinghouse segment. The Uranium segment involves the exploration for, mining, milling, purchase, and sale of uranium concentrate, while the Fuel Services segment involves the refining, conversion, and fabrication of uranium concentrate and the purchase and sale of conversion services. Westinghouse Electric Company provides products and services to nuclear reactors, including outage and maintenance services, engineering support, instrumentation and controls equipment, plant modification, and components and parts.
89GF Score

Get the complete analysis for TSX:CCO

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

C$123.87
Price
C$93.98
GF Value