Secure Waste Infrastructure (TSX:SES) Effective Interest Rate on Debt %: 6.19% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:SES Secure Waste Infrastructure Corp TSX:SES
45 GF Score
Price C$23.29
! 7 Warning Signs
View Full Analysis

What is Secure Waste Infrastructure Effective Interest Rate on Debt %?

Secure Waste Infrastructure TSX:SES -0.30% 45 Effective Interest Rate on Debt % is 6.19% as of Mar. 2026. GuruFocus rates TSX:SES with a GF Score™ of 45/100. 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. Secure Waste Infrastructure's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was C$68.00 Mil. Secure Waste Infrastructure's average total debt for the quarter that ended in Mar. 2026 was C$1,098.00 Mil. Therefore, Secure Waste Infrastructure's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 6.19%.


Secure Waste Infrastructure  (TSX:SES) Effective Interest Rate on Debt % Explanation

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


Secure Waste Infrastructure Effective Interest Rate on Debt % Related Terms


Secure Waste Infrastructure Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Secure Waste Infrastructure'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.

Secure Waste Infrastructure Effective Interest Rate on Debt % Chart

Secure Waste Infrastructure 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 5.71 7.16 7.69 5.78 8.14

Secure Waste Infrastructure 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 7.55 7.93 5.54 7.08 6.19

TSX:SES vs WM, RSG, WCN: Effective Interest Rate on Debt % Comparison

For the Waste Management subindustry, Secure Waste Infrastructure'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.


Secure Waste Infrastructure Effective Interest Rate on Debt % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Secure Waste Infrastructure's Effective Interest Rate on Debt % distribution charts can be found below:

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


TSX:SES
45GF Score
Secure Waste Infrastructure Corp TSX:SES
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Secure Waste Infrastructure Effective Interest Rate on Debt % Calculation

Secure Waste Infrastructure'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  *  -60/( (454+1020)/ 2 )
=-1  *  -60/737
=8.14 %

where

Secure Waste Infrastructure'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  *  -68/( (1020+1176)/ 2 )
=-1  *  -68/1098
=6.19 %

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 (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 6.19% mean?
Secure Waste Infrastructure (TSX:SES) has a Effective Interest Rate on Debt % of 6.19% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Secure Waste Infrastructure and its competitors.
Is Secure Waste Infrastructure's Effective Interest Rate on Debt % too high?
Secure Waste Infrastructure's current Effective Interest Rate on Debt % is 6.19%. Overall, Secure Waste Infrastructure has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Secure Waste Infrastructure's Effective Interest Rate on Debt % compare to WM and RSG?
Secure Waste Infrastructure's Effective Interest Rate on Debt % of 6.19% can be compared against companies in the Waste Management 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 Waste Management company?
A good Effective Interest Rate on Debt % depends on the Waste Management 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 Secure Waste Infrastructure and its competitors. Secure Waste Infrastructure's current Effective Interest Rate on Debt % is 6.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Waste Infrastructure stock overvalued right now?
Secure Waste Infrastructure (TSX:SES) has a current Effective Interest Rate on Debt % of 6.19%. The current Effective Interest Rate on Debt % is 6.19%. Secure Waste Infrastructure's overall GF Score™ is 45/100 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 Secure Waste Infrastructure (TSX:SES), the current Effective Interest Rate on Debt % is 6.19% 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.

Secure Waste Infrastructure Business Description

Other Exchanges SECYF:USASEP0:Germany
Address 2300, 225 - 6th Avenue SW, Brookfield Place, Calgary, AB, CAN, T2P 1N2
Secure Waste Infrastructure Corp operates in waste management and energy infrastructure business. The company operates in two segments: Waste Management, and Energy Infrastructure. The activities of the company include buying and selling crude oil and natural gas liquid products, capturing location, and other related activities. It generates the majority of its revenue from the Waste Management segment which includes a network of waste processing facilities, produced water pipelines, industrial landfills, and others. Energy Infrastructure includes a network of crude oil gathering pipelines, terminals, and storage facilities.
45GF Score

Get the complete analysis for TSX:SES

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

C$23.29
Price