First Majestic Silver (AG) Interest Coverage Ratio (2010 - 2026)
First Majestic Silver's (AG) quarterly Interest Coverage Ratio came in at 20.59 in Q2 2026, down 306.76% on a YoY basis from 9.96 in Q2 2025, and up 18.64% quarter-over-quarter from 25.31 in Q1 2026.
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Analysis
First Majestic Silver (AG) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
First Majestic Silver (AG) has reported Interest Coverage Ratio for 17 consecutive years, with 20.59 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio fell 306.76% year-over-year to 20.59; the trailing twelve-month figure through Jun 2026 stood at 24.87 (down 574.03% YoY), and the FY2025 full-year result was 15.14, down 11412.53% from the prior year.
- Interest Coverage Ratio grew to 20.59 in Q2 2026 per AG's latest filing, from 25.31 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 25.65 in Q1 2023 and bottomed at 55.83 in Q4 2025.
- Historically, Interest Coverage Ratio has averaged 4.7 across 5 years, with a median of 0.24 in 2023.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio jumped 4626.16% in 2023, then tumbled 3275.59% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 4.39 in 2022, then sank by 97.28% to 0.12 in 2023, then sank by 3275.59% to 3.78 in 2024, then plunged by 1375.69% to 55.83 in 2025, then soared by 63.11% to 20.59 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 20.59, 25.31, and 55.83 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Coeur Mining | 21.86 Bn | 20.80 Bn | 535.85 Mn | - |
| 2 | Pan American Silver | 21.66 Bn | 20.09 Bn | 457,000.00 | 22.59 |
| 3 | Hecla Mining | 13.89 Bn | 13.40 Bn | 332.52 Mn | 60.38 |
| 4 | First Majestic Silver | 10.30 Bn | 9.46 Bn | 223.62 Mn | 20.59 |
| 5 | Endeavour Silver | 2.92 Bn | 2.68 Bn | 74.00 Mn | 11.35 |
| 6 | Silvercorp Metals | 2.75 Bn | 2.56 Bn | 104.04 Mn | 974.17 |
| 7 | Americas Gold & Silver | 1.72 Bn | 1.63 Bn | 22.23 Mn | 24.41 |
| 8 | Vizsla Silver | 1.41 Bn | 1.41 Bn | - | -2.89 |
| 9 | New Pacific Metals | 1.06 Bn | 1.06 Bn | - | - |
| 10 | Santacruz Silver Mining | 918.47 Mn | 851.45 Mn | 51.14 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -20.59 |
| Mar 31, 2026 | -25.31 |
| Dec 31, 2025 | -55.83 |
| Sep 30, 2025 | -11.09 |
| Jun 30, 2025 | -5.06 |
| Mar 31, 2025 | -5.10 |
| Dec 31, 2024 | -3.78 |
| Sep 30, 2024 | -0.60 |
| Jun 30, 2024 | 1.95 |
| Mar 31, 2024 | 2.72 |
| Dec 31, 2023 | 0.12 |
| Sep 30, 2023 | 2.69 |
| Jun 30, 2023 | 2.57 |
| Mar 31, 2023 | 25.65 |
| Dec 31, 2022 | 4.39 |
| Sep 30, 2022 | 2.92 |
| Jun 30, 2022 | -0.71 |
| Mar 31, 2022 | 0.54 |
| Dec 31, 2021 | -3.11 |
| Sep 30, 2021 | 2.71 |