Galleon Gold (TSXV:GGO) Effective Interest Rate on Debt %: 22.36% (As of May. 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.

TSXV:GGO Galleon Gold Corp TSXV:GGO
33 GF Score
Price C$1.12
! 1 Warning Sign
View Full Analysis

What is Galleon Gold Effective Interest Rate on Debt %?

Galleon Gold TSXV:GGO +0.90% 33 Effective Interest Rate on Debt % is 22.36% as of May. 2026. GuruFocus rates TSXV:GGO 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. Galleon Gold's annualized positive value of Interest Expense for the quarter that ended in May. 2026 was C$6.07 Mil. Galleon Gold's average total debt for the quarter that ended in May. 2026 was C$27.15 Mil. Therefore, Galleon Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2026 was 22.36%.


Galleon Gold  (TSXV:GGO) Effective Interest Rate on Debt % Explanation

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


Galleon Gold Effective Interest Rate on Debt % Related Terms


Galleon Gold Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Galleon Gold'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.

Galleon Gold Effective Interest Rate on Debt % Chart

Galleon Gold Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.70 14.38 0.00 5.19 1.60

Galleon Gold Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 27.26 1.48 2.12 0.67 22.36

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

For the Gold subindustry, Galleon Gold'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.


Galleon Gold Effective Interest Rate on Debt % vs Metals & Mining Industry

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

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


TSXV:GGO
33GF Score
Galleon Gold Corp TSXV:GGO
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Galleon Gold Effective Interest Rate on Debt % Calculation

Galleon Gold's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Nov. 2024 )+Total Debt  (A: Nov. 2025 ))/ count )
=-1  *  -0.154/( (3.353+15.941)/ 2 )
=-1  *  -0.154/9.647
=1.60 %

where

Total Debt  (A: Nov. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.712 + 3.229
=15.941

Galleon Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Feb. 2026 )+Total Debt  (Q: May. 2026 ))/ count )
=-1  *  -6.072/( (26.81+27.499)/ 2 )
=-1  *  -6.072/27.1545
=22.36 %

where

Total Debt  (Q: Feb. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=23.629 + 3.181
=26.81

Total Debt  (Q: May. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=24.285 + 3.214
=27.499

* 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 (May. 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 22.36% mean?
Galleon Gold (TSXV:GGO) has a Effective Interest Rate on Debt % of 22.36% as of May. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Galleon Gold and its competitors.
Is Galleon Gold's Effective Interest Rate on Debt % too high?
Galleon Gold's current Effective Interest Rate on Debt % is 22.36%. Overall, Galleon Gold has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Galleon Gold's Effective Interest Rate on Debt % compare to NEM and AU?
Galleon Gold's Effective Interest Rate on Debt % of 22.36% 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 Galleon Gold and its competitors. Galleon Gold's current Effective Interest Rate on Debt % is 22.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galleon Gold stock overvalued right now?
Galleon Gold (TSXV:GGO) has a current Effective Interest Rate on Debt % of 22.36%. The current Effective Interest Rate on Debt % is 22.36%. Galleon Gold's 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 Galleon Gold (TSXV:GGO), the current Effective Interest Rate on Debt % is 22.36% as of May. 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.

Galleon Gold Business Description

Other Exchanges GGOXF:USA3H90:Germany
Address 161 Bay Street, 27th Floor, Suite 2700, PO Box 508, TD Canada Trust Tower, Toronto, ON, CAN, M5J 2S1
Galleon Gold Corp is in the business of acquiring, exploring, and developing mineral properties in Canada and the United States, mainly those containing gold, silver, and associated base and precious metals. The two key projects in the company's portfolio are the West Cache Gold project, located in the mining division of Porcupine and Larder Lake in Ontario, and the Golden Trove Project, located in Idaho, USA. Additionally, it also holds interests in the Golden Harker property, located in Harker Township, Ontario, and the Eastford Lake property, located in the Timmins Porcupine Mining Camp.
33GF Score

Get the complete analysis for TSXV:GGO

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

C$1.12
Price