XXIX Metal (TSXV:XXIX) Effective Interest Rate on Debt %: 0.00% (As of Apr. 2026)

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TSXV:XXIX XXIX Metal Corp TSXV:XXIX
37 GF Score
Price C$0.11
! 2 Warning Signs
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What is XXIX Metal Effective Interest Rate on Debt %?

XXIX Metal TSXV:XXIX -4.35% 37 Effective Interest Rate on Debt % is 0.00% as of Apr. 2026. GuruFocus rates TSXV:XXIX with a GF Score™ of 37/100. 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. XXIX Metal's annualized positive value of Interest Expense for the quarter that ended in Apr. 2026 was C$0.18 Mil. XXIX Metal's average total debt for the quarter that ended in Apr. 2026 was C$0.00 Mil. Therefore, XXIX Metal's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 was N/A%.


XXIX Metal  (TSXV:XXIX) Effective Interest Rate on Debt % Explanation

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


XXIX Metal Effective Interest Rate on Debt % Related Terms


XXIX Metal Effective Interest Rate on Debt % Historical Data

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The historical data trend for XXIX Metal'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.

XXIX Metal Effective Interest Rate on Debt % Chart

XXIX Metal Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Effective Interest Rate on Debt %
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XXIX Metal 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 0.00 0.00 0.00 0.00 0.00

TSXV:XXIX vs SCCO, FCX: Effective Interest Rate on Debt % Comparison

For the Copper subindustry, XXIX Metal'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.


XXIX Metal Effective Interest Rate on Debt % vs Metals & Mining Industry

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

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


TSXV:XXIX
37GF Score
XXIX Metal Corp TSXV:XXIX
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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XXIX Metal Effective Interest Rate on Debt % Calculation

XXIX Metal's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2025 is calculated as

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

where

XXIX Metal'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  *  -0.18/( (0+0)/ 1 )
=-1  *  -0.18/0
=N/A %

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 (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 0.00% mean?
XXIX Metal (TSXV:XXIX) has a Effective Interest Rate on Debt % of 0.00% as of Apr. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on XXIX Metal and its competitors.
Is XXIX Metal's Effective Interest Rate on Debt % too high?
XXIX Metal's current Effective Interest Rate on Debt % is 0.00%. Overall, XXIX Metal has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does XXIX Metal's Effective Interest Rate on Debt % compare to SCCO and FCX?
XXIX Metal's 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 XXIX Metal and its competitors. XXIX Metal'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 XXIX Metal stock overvalued right now?
XXIX Metal (TSXV:XXIX) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. XXIX Metal's overall GF Score™ is 37/100 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 XXIX Metal (TSXV:XXIX), the current Effective Interest Rate on Debt % is 0.00% 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.

XXIX Metal Business Description

Other Exchanges QCCUF:USA5LW0:Germany
Address 141 Adelaide Street West, Suite 1102, Toronto, ON, CAN, M5H 3L5
XXIX Metal Corp is engaged in the business activity of the exploration, development, and production of exploration and evaluation assets in Canada. The company is advancing its Cooke-Robitaille Property, Opemiska Property, Roger Property, and Thierry projects.
37GF Score

Get the complete analysis for TSXV:XXIX

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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