Magellan Copper & Gold (MAGE) Interest Coverage Ratio (2011 - 2026)
Magellan Copper & Gold (MAGE) reported Interest Coverage Ratio of 5.04 for Q1 2026, down 102.68% year-over-year from 188.12 in Q1 2025, and up 36.35% quarter-over-quarter from 7.92 in Q4 2025.
Magellan Copper & Gold (MAGE) Interest Coverage Ratio (2011 - 2026) Analysis & Trends
Magellan Copper & Gold (MAGE) has 16 years of Interest Coverage Ratio data on file, last reported at 5.04 in Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 5.04, down 102.68% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.37 (up 46.59% YoY), and the FY2025 annual result was 3.61, up 59.65% from the prior year.
- Interest Coverage Ratio improved to 5.04 in Q1 2026 per MAGE's latest filing, from 7.92 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 0.33 in Q2 2022 and troughed at 38.85 in Q4 2023.
- A 5-year average of 7.81 and a median of 2.77 in 2023 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio jumped 94.72% in 2022, then slumped 609.73% in 2023.
- A 5-year view of Interest Coverage Ratio shows it stood at 28.3 in 2022, then sank by 37.28% to 38.85 in 2023, then soared by 38.45% to 23.91 in 2024, then soared by 66.89% to 7.92 in 2025, then jumped by 36.35% to 5.04 in 2026.
- Business Quant data shows MAGE's Interest Coverage Ratio at 5.04 in Q1 2026, 7.92 in Q4 2025, and 1.73 in Q3 2025.
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 | Magellan Copper & Gold | - | - | - | -5.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.04 |
| Dec 31, 2025 | -7.92 |
| Sep 30, 2025 | -1.73 |
| Jun 30, 2025 | -2.62 |
| Mar 31, 2025 | -2.49 |
| Dec 31, 2024 | -23.91 |
| Sep 30, 2024 | -4.88 |
| Jun 30, 2024 | -3.43 |
| Mar 31, 2024 | -4.85 |
| Dec 31, 2023 | -38.85 |
| Sep 30, 2023 | -2.77 |
| Jun 30, 2023 | -2.35 |
| Mar 31, 2023 | -1.81 |
| Dec 31, 2022 | -28.30 |
| Sep 30, 2022 | -0.41 |
| Jun 30, 2022 | -0.33 |
| Mar 31, 2022 | -1.04 |
| Dec 31, 2021 | -4.41 |
| Sep 30, 2021 | -7.37 |
| Jun 30, 2021 | -6.26 |