Fortitude Gold (FTCO) Interest Coverage Ratio (2020 - 2022)
Fortitude Gold (FTCO) reported Interest Coverage Ratio of 131.27 for Q3 2022, down 25.78% on a YoY basis from 176.86 in Q3 2021, and down 55.63% quarter-over-quarter from 295.85 in Q2 2022.
Fortitude Gold (FTCO) Interest Coverage Ratio (2020 - 2022) Analysis & Trends
Fortitude Gold has reported Interest Coverage Ratio for 3 years, with the latest figure at 131.27 in Q3 2022.
- For the quarter ending Q3 2022, Interest Coverage Ratio fell 25.78% year-over-year to 131.27; the trailing twelve-month figure through Jun 2023 stood at 1290.53 (up 529.34% YoY), and the FY2021 full-year result was 38.32, up 150.43% from the prior year.
- Interest Coverage Ratio for Q3 2022 stood at 131.27, down from 295.85 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 295.85 in Q2 2022, with the low at 42.28 in Q2 2020.
- Historically, Interest Coverage Ratio has averaged 141.52 across 3 years, with a median of 146.62 in 2021.
- The largest YoY upside for Interest Coverage Ratio was 795.92% in 2021 against a maximum downside of 30.88% in 2021.
- Fortitude Gold's Interest Coverage Ratio stood at 212.14 in 2020, then slumped by 30.88% to 146.62 in 2021, then decreased by 10.47% to 131.27 in 2022.
- The last three Interest Coverage Ratio figures came in at 131.27 (Q3 2022), 295.85 (Q2 2022), and 190.25 (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | -628.85 |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 77.87 |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | 480.28 |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | - |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | -70.43 |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | - |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | 6.83 |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | - |
| 10 | Fortitude Gold | - | - | 2.19 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 131.27 |
| Jun 30, 2022 | 295.85 |
| Mar 31, 2022 | 190.25 |
| Dec 31, 2021 | 146.62 |
| Sep 30, 2021 | 176.86 |
| Jun 30, 2021 | 294.24 |
| Mar 31, 2021 | 93.86 |
| Dec 31, 2020 | 212.14 |
| Sep 30, 2020 | 100.05 |
| Jun 30, 2020 | -42.28 |
| Mar 31, 2020 | -42.10 |