Oceanic Iron Ore (TSXV:FEO) Effective Interest Rate on Debt %: 1.03% (As of Mar. 2026)

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TSXV:FEO Oceanic Iron Ore Corp TSXV:FEO
39 GF Score
Price C$0.60
! 2 Warning Signs
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What is Oceanic Iron Ore Effective Interest Rate on Debt %?

Oceanic Iron Ore TSXV:FEO 39 Effective Interest Rate on Debt % is 1.03% as of Mar. 2026. GuruFocus rates TSXV:FEO with a GF Score™ of 39/100. The stock has 2 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. Oceanic Iron Ore's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was C$0.41 Mil. Oceanic Iron Ore's average total debt for the quarter that ended in Mar. 2026 was C$39.45 Mil. Therefore, Oceanic Iron Ore's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 1.03%.


Oceanic Iron Ore  (TSXV:FEO) Effective Interest Rate on Debt % Explanation

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


Oceanic Iron Ore Effective Interest Rate on Debt % Related Terms


Oceanic Iron Ore Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Oceanic Iron Ore'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.

Oceanic Iron Ore Effective Interest Rate on Debt % Chart

Oceanic Iron Ore Annual Data
Trend Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.32 11.92 13.54 11.10 3.45

Oceanic Iron Ore 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 7.14 4.73 2.63 1.11 1.03

Oceanic Iron Ore Effective Interest Rate on Debt % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Oceanic Iron Ore'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.


Oceanic Iron Ore Effective Interest Rate on Debt % vs Metals & Mining Industry

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

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


TSXV:FEO
39GF Score
Oceanic Iron Ore Corp TSXV:FEO
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Oceanic Iron Ore Effective Interest Rate on Debt % Calculation

Oceanic Iron Ore'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  *  -0.838/( (9.125+39.452)/ 2 )
=-1  *  -0.838/24.2885
=3.45 %

where

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 39.452
=39.452

Oceanic Iron Ore'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  *  -0.408/( (39.452+0)/ 1 )
=-1  *  -0.408/39.452
=1.03 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 39.452
=39.452

* 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 1.03% mean?
Oceanic Iron Ore (TSXV:FEO) has a Effective Interest Rate on Debt % of 1.03% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Oceanic Iron Ore and its competitors.
Is Oceanic Iron Ore's Effective Interest Rate on Debt % too high?
Oceanic Iron Ore's current Effective Interest Rate on Debt % is 1.03%. Overall, Oceanic Iron Ore has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Oceanic Iron Ore's Effective Interest Rate on Debt % compare to competitors?
Oceanic Iron Ore's Effective Interest Rate on Debt % of 1.03% 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 Oceanic Iron Ore and its competitors. Oceanic Iron Ore's current Effective Interest Rate on Debt % is 1.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oceanic Iron Ore stock overvalued right now?
Oceanic Iron Ore (TSXV:FEO) has a current Effective Interest Rate on Debt % of 1.03%. The current Effective Interest Rate on Debt % is 1.03%. Oceanic Iron Ore's overall GF Score™ is 39/100 with 2 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 Oceanic Iron Ore (TSXV:FEO), the current Effective Interest Rate on Debt % is 1.03% 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.

Oceanic Iron Ore Business Description

Other Exchanges FEOVF:USA
Address 595 Burrard Street, Suite 3083, Three Bentall Centre, Vancouver, BC, CAN, V7X 1L3
Oceanic Iron Ore Corp is an exploration-stage company. It is engaged in the acquisition and exploration of iron ore properties in Quebec, Canada. The company focuses on the operations of the Ungava Bay iron property in Nunavik, Quebec which consists of three project areas: Hopes Advance, Morgan Lake, and Roberts Lake. The Company operates as a single reportable segment, being the exploration of the Property.
39GF 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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