VMAR (Vision Marine Technologies) Effective Interest Rate on Debt %: 7.91% (As of Feb. 2026)


VMAR Vision Marine Technologies Inc VMAR
20 GF Score
Price $1.37
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What is Vision Marine Technologies Effective Interest Rate on Debt %?

Vision Marine Technologies VMAR -4.86% 20 Effective Interest Rate on Debt % is 7.91% as of Feb. 2026. GuruFocus rates VMAR with a GF Score™ of 20/100. The stock has 3 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. Vision Marine Technologies's annualized positive value of Interest Expense for the quarter that ended in Feb. 2026 was $2.94 Mil. Vision Marine Technologies's average total debt for the quarter that ended in Feb. 2026 was $37.22 Mil. Therefore, Vision Marine Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2026 was 7.91%.


Vision Marine Technologies  (NAS:VMAR) Effective Interest Rate on Debt % Explanation

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


Vision Marine Technologies Effective Interest Rate on Debt % Related Terms


Vision Marine Technologies Effective Interest Rate on Debt % Historical Data

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The historical data trend for Vision Marine Technologies'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.

Vision Marine Technologies Effective Interest Rate on Debt % Chart

Vision Marine Technologies Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 5.83 6.38 4.20 13.03 3.44

Vision Marine Technologies Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 28.73 53.83 11.25 11.96 7.91

VMAR vs MCOM, VEEE, EZGO: Effective Interest Rate on Debt % Comparison

For the Recreational Vehicles subindustry, Vision Marine Technologies'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.


Vision Marine Technologies Effective Interest Rate on Debt % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vision Marine Technologies's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Vision Marine Technologies's Effective Interest Rate on Debt % falls into.


VMAR
20GF Score
Vision Marine Technologies Inc VMAR
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Vision Marine Technologies Effective Interest Rate on Debt % Calculation

Vision Marine Technologies's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Aug. 2024 )+Total Debt  (A: Aug. 2025 ))/ count )
=-1  *  -0.589/( (0.395+33.879)/ 2 )
=-1  *  -0.589/17.137
=3.44 %

where

Total Debt  (A: Aug. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.272 + 0.123
=0.395

Total Debt  (A: Aug. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.551 + 25.328
=33.879

Vision Marine Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2025 )+Total Debt  (Q: Feb. 2026 ))/ count )
=-1  *  -2.944/( (39.743+34.699)/ 2 )
=-1  *  -2.944/37.221
=7.91 %

where

Total Debt  (Q: Nov. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14.163 + 25.58
=39.743

Total Debt  (Q: Feb. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.615 + 21.084
=34.699

* 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 (Feb. 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 7.91% mean?
Vision Marine Technologies (VMAR) has a Effective Interest Rate on Debt % of 7.91% as of Feb. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Vision Marine Technologies and its competitors.
Is Vision Marine Technologies' Effective Interest Rate on Debt % too high?
Vision Marine Technologies' current Effective Interest Rate on Debt % is 7.91%. Overall, Vision Marine Technologies has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Vision Marine Technologies' Effective Interest Rate on Debt % compare to MCOM and VEEE?
Vision Marine Technologies' Effective Interest Rate on Debt % of 7.91% can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Effective Interest Rate on Debt % depends on the Vehicles & Parts 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 Vision Marine Technologies and its competitors. Vision Marine Technologies's current Effective Interest Rate on Debt % is 7.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vision Marine Technologies stock overvalued right now?
Vision Marine Technologies (VMAR) has a current Effective Interest Rate on Debt % of 7.91%. The current Effective Interest Rate on Debt % is 7.91%. Vision Marine Technologies' overall GF Score™ is 20/100 with 3 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 Vision Marine Technologies (VMAR), the current Effective Interest Rate on Debt % is 7.91% as of Feb. 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.

Vision Marine Technologies Business Description

Other Exchanges VMAR:Canada
Address 730 Boulevard du Cure-Boivin, Boisbriand, QC, CAN, J7G 2A7
Vision Marine Technologies Inc designs and manufactures electric outboard powertrain systems, power boats, related technology, and rents electric boats. Its models include Bruce 22, Fantail 217, VX Electric Pontoon, Volt 180, Phantom, and others. The company provides goods and services for the recreational boating market and focuses on electric outboard powertrain systems, electric power boats, and the renting of electric boats through its subsidiary. It sells boats, parts, and accessories and offers services related to recreational boating, including boats with internal combustion engines and electric propulsion. The company operates in two reportable segments, the sale of electric boats and the rental of electric boats, and generates a substantial portion of its revenue from the USA.
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