Magellan Copper & Gold (MAGE) Interest Coverage Ratio (2011 - 2026)
Magellan Copper & Gold (MAGE) posted Interest Coverage Ratio of 5.04 for Q1 2026, up 36.35% sequentially from 7.92 in Q4 2025, and down 102.68% YoY from 188.12 in Q1 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.
- Quarterly Interest Coverage Ratio fell 102.68% year-over-year to 5.04 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.37 (up 46.59% YoY) and the FY2025 annual result came in at 3.61, up 59.65% from the prior year.
- Interest Coverage Ratio advanced to 5.04 in Q1 2026 per MAGE's latest filing, from 7.92 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 0.33 in Q2 2022, with the low at 38.85 in Q4 2023.
- Average Interest Coverage Ratio over 5 years is 7.81, with a median of 2.77 recorded in 2023.
- Year-over-year, Interest Coverage Ratio soared 94.72% in 2022 and plunged 609.73% in 2023.
- Magellan Copper & Gold's Interest Coverage Ratio stood at 28.3 in 2022, then tumbled by 37.28% to 38.85 in 2023, then surged by 38.45% to 23.91 in 2024, then surged by 66.89% to 7.92 in 2025, then soared 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 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | -77.87 |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | - |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -141.84 |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 480.28 |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -8.31 |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | -646.37 |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | -70.43 |
| 10 | Magellan Copper & Gold | 4.38 Mn | 4.38 Mn | - | -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 |