Northland Power (TSX:NPI) Effective Interest Rate on Debt %: 4.36% (As of Mar. 2026)


TSX:NPI Northland Power Inc TSX:NPI
75 GF Score
Price C$21.71
GF Value C$24.26
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Northland Power Effective Interest Rate on Debt %?

Northland Power TSX:NPI +0.51% 75 Effective Interest Rate on Debt % is 4.36% as of Mar. 2026. GuruFocus rates TSX:NPI with a GF Score™ of 75/100 and a GF Value™ of C$24.26 (Modestly Undervalued). The stock has 7 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. Northland Power's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was C$298 Mil. Northland Power's average total debt for the quarter that ended in Mar. 2026 was C$6,828 Mil. Therefore, Northland Power's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 4.36%.


Northland Power  (TSX:NPI) Effective Interest Rate on Debt % Explanation

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


Northland Power Effective Interest Rate on Debt % Related Terms


Northland Power Effective Interest Rate on Debt % Historical Data

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The historical data trend for Northland Power'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.

Northland Power Effective Interest Rate on Debt % Chart

Northland Power 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 4.06 4.16 4.84 4.84 4.52

Northland Power 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 4.11 4.90 4.68 4.20 4.36

Northland Power Effective Interest Rate on Debt % Competitor Comparison

For the Utilities - Renewable subindustry, Northland Power'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.


Northland Power Effective Interest Rate on Debt % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Northland Power's Effective Interest Rate on Debt % distribution charts can be found below:

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


TSX:NPI
75GF Score
Northland Power Inc TSX:NPI
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Northland Power Effective Interest Rate on Debt % Calculation

Northland Power'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  *  -318.048/( (7201.795+6858.719)/ 2 )
=-1  *  -318.048/7030.257
=4.52 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6323.192 + 878.603
=7201.795

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6071.3 + 787.419
=6858.719

Northland Power'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  *  -297.612/( (6858.719+6797.323)/ 2 )
=-1  *  -297.612/6828.021
=4.36 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6071.3 + 787.419
=6858.719

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6008.531 + 788.792
=6797.323

* 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 4.36% mean?
Northland Power (TSX:NPI) has a Effective Interest Rate on Debt % of 4.36% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Northland Power and its competitors.
Is Northland Power's Effective Interest Rate on Debt % too high?
Northland Power's current Effective Interest Rate on Debt % is 4.36%. Overall, Northland Power has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Northland Power's Effective Interest Rate on Debt % compare to competitors?
Northland Power's Effective Interest Rate on Debt % of 4.36% can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Effective Interest Rate on Debt % depends on the Utilities - Independent Power Producers 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 Northland Power and its competitors. Northland Power's current Effective Interest Rate on Debt % is 4.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northland Power stock overvalued right now?
Based on GuruFocus' analysis, Northland Power (TSX:NPI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$24.26, compared to a current price of C$21.71 — trading 10.5% below its estimated fair value. The current Effective Interest Rate on Debt % is 4.36%. Northland Power's overall GF Score™ is 75/100 with 7 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 Northland Power (TSX:NPI), the current Effective Interest Rate on Debt % is 4.36% 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 Northland Power (TSX:NPI) Overvalued in 2026?

Based on GuruFocus' analysis, Northland Power stock appears to be undervalued. The current stock price of C$21.71 is trading 10.5% below its estimated GF Value™ of C$24.26. GuruFocus considers Northland Power to be Modestly Undervalued.

Key valuation signals for TSX:NPI:

  • Effective Interest Rate on Debt %: 4.36%
  • GF Value™: C$24.26 vs. price of C$21.71 (10.5% below fair value)
  • GF Score™: 75/100 with 7 warning signs

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


Northland Power Business Description

Address 30 St. Clair Avenue West, 3rd Floor, Toronto, ON, CAN, M4V 3A1
Northland Power develops, constructs, and operates sustainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term. Northland's growth opportunities are global and span North America, Europe, Latin America, and Asia.
75GF 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.

C$21.71
Price
C$24.26
GF Value