CANEX Metals (TSXV:CANX) Effective Interest Rate on Debt %: 0.00% (As of Mar. 2026)

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TSXV:CANX CANEX Metals Inc TSXV:CANX
33 GF Score
Price C$0.23
! 1 Warning Sign
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What is CANEX Metals Effective Interest Rate on Debt %?

CANEX Metals TSXV:CANX +1.09% 33 Effective Interest Rate on Debt % is 0.00% as of Mar. 2026. GuruFocus rates TSXV:CANX with a GF Score™ of 33/100. 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. CANEX Metals's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was C$0.00 Mil. CANEX Metals's average total debt for the quarter that ended in Mar. 2026 was C$0.30 Mil. Therefore, CANEX Metals's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 0.00%.


CANEX Metals  (TSXV:CANX) Effective Interest Rate on Debt % Explanation

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


CANEX Metals Effective Interest Rate on Debt % Related Terms


CANEX Metals Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for CANEX Metals'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.

CANEX Metals Effective Interest Rate on Debt % Chart

CANEX Metals Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

CANEX Metals 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 0.00 0.00 0.00 0.00 0.00

TSXV:CANX vs NEM, AU: Effective Interest Rate on Debt % Comparison

For the Gold subindustry, CANEX Metals'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.


CANEX Metals Effective Interest Rate on Debt % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, CANEX Metals's Effective Interest Rate on Debt % distribution charts can be found below:

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


TSXV:CANX
33GF Score
CANEX Metals Inc TSXV:CANX
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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CANEX Metals Effective Interest Rate on Debt % Calculation

CANEX Metals's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2024 )+Total Debt  (A: Sep. 2025 ))/ count )
=-1  *  -0.005/( (0+0)/ 1 )
=-1  *  -0.005/0
=N/A %

where

CANEX Metals'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  *  0/( (0+0.303)/ 1 )
=-1  *  0/0.303
=0.00 %

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 0.00% mean?
CANEX Metals (TSXV:CANX) has a Effective Interest Rate on Debt % of 0.00% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on CANEX Metals and its competitors.
Is CANEX Metals' Effective Interest Rate on Debt % too high?
CANEX Metals' current Effective Interest Rate on Debt % is 0.00%. Overall, CANEX Metals has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does CANEX Metals' Effective Interest Rate on Debt % compare to NEM and AU?
CANEX Metals' Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Effective Interest Rate on Debt % depends on the Metals & Mining 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 CANEX Metals and its competitors. CANEX Metals's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CANEX Metals stock overvalued right now?
CANEX Metals (TSXV:CANX) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. CANEX Metals' overall GF Score™ is 33/100 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 CANEX Metals (TSXV:CANX), the current Effective Interest Rate on Debt % is 0.00% 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.

CANEX Metals Business Description

Other Exchanges NOMNF:USANJM1:Germany
Address 734-7th Avenue SW, Suite 1620, Calgary, AB, CAN, T2P 3P8
CANEX Metals Inc is a Canada-based junior exploration company engaged in mineral exploration and the development of resource properties. Its projects include the Louise Cu-Au Porphyry Project in British Columbia, Canada; the Gold Range Property in Arizona, USA; and the Gibson Prospect in British Columbia.
33GF 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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