Slam Exploration (TSXV:SXL) Effective Interest Rate on Debt %: 13.56% (As of Apr. 2026)

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What is Slam Exploration Effective Interest Rate on Debt %?

Slam Exploration TSXV:SXL Effective Interest Rate on Debt % is 13.56% as of Apr. 2026. 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. Slam Exploration's annualized positive value of Interest Expense for the quarter that ended in Apr. 2026 was C$0.00 Mil. Slam Exploration's average total debt for the quarter that ended in Apr. 2026 was C$0.03 Mil. Therefore, Slam Exploration's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 was 13.56%.

Slam Exploration  (TSXV:SXL) Effective Interest Rate on Debt % Explanation

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

Slam Exploration Effective Interest Rate on Debt % Related Terms

Slam Exploration Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Slam Exploration'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.

Slam Exploration Effective Interest Rate on Debt % Chart

Slam Exploration Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.96 8.48 2.15 3.64 8.11

Slam Exploration Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 9.88 10.96 11.59 12.31 13.56

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

For the Gold subindustry, Slam Exploration'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.

Slam Exploration Effective Interest Rate on Debt % vs Metals & Mining Industry

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

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


Slam Exploration Effective Interest Rate on Debt % Calculation

Slam Exploration's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2025 )+Total Debt  (A: Jan. 2026 ))/ count )
=-1  *  -0.003/( (0.043+0.031)/ 2 )
=-1  *  -0.003/0.037
=8.11 %

where

Total Debt  (A: Jan. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.031 + 0.012
=0.043

Total Debt  (A: Jan. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.02 + 0.011
=0.031

Slam Exploration's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jan. 2026 )+Total Debt  (Q: Apr. 2026 ))/ count )
=-1  *  -0.004/( (0.031+0.028)/ 2 )
=-1  *  -0.004/0.0295
=13.56 %

where

Total Debt  (Q: Jan. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.02 + 0.011
=0.031

Total Debt  (Q: Apr. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.017 + 0.011
=0.028

* 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 (Apr. 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 13.56% mean?
Slam Exploration (TSXV:SXL) has a Effective Interest Rate on Debt % of 13.56% as of Apr. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Slam Exploration and its competitors.
Is Slam Exploration's Effective Interest Rate on Debt % too high?
Slam Exploration's current Effective Interest Rate on Debt % is 13.56%.
How does Slam Exploration's Effective Interest Rate on Debt % compare to NEM and AU?
Slam Exploration's Effective Interest Rate on Debt % of 13.56% 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 Slam Exploration and its competitors. Slam Exploration's current Effective Interest Rate on Debt % is 13.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Slam Exploration stock overvalued right now?
Slam Exploration (TSXV:SXL) has a current Effective Interest Rate on Debt % of 13.56%. The current Effective Interest Rate on Debt % is 13.56%. 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 Slam Exploration (TSXV:SXL), the current Effective Interest Rate on Debt % is 13.56% as of Apr. 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.

Slam Exploration Business Description

Other Exchanges SXLXF:USA
Address 295 Hutchinson Drive, Miramichi, NB, CAN, E1V 6C7
Slam Exploration Ltd is in the process of exploring its exploration and evaluation properties for mineral resources. The Company has determined that there was only one operating segment: the sector of exploration and evaluation in Canada. Its projects are Goodwin Copper-Nickel, Jake Lee - Love Lake Gold Project, Menneval Gold Project, Mine Road Project, and Harry Brook Project.