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 has reported Interest Coverage Ratio for 16 years, with the latest figure 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 6.93% YoY) and the FY2025 annual result came in at 0.21, up 63.82% 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.
- Over five years, Interest Coverage Ratio peaked at 4.76 in Q4 2022 and troughed at 38.85 in Q4 2023.
- A 5-year average of 4.79 and a median of 2.62 in 2025 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio soared 591.88% in 2022, then sank 915.66% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 4.76 in 2022, then sank by 915.66% to 38.85 in 2023, then jumped by 85.62% to 5.59 in 2024, then plunged by 41.75% to 7.92 in 2025, then surged by 36.35% to 5.04 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 5.04, 7.92, and 1.73 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.56 Bn | 131.55 Bn | 4.03 Bn | - |
| 2 | Agnico Eagle Mines | 109.36 Bn | 105.90 Bn | 2.43 Bn | 143.79 |
| 3 | Barrick Mining | 79.61 Bn | 73.68 Bn | 2.90 Bn | - |
| 4 | Wheaton Precious Metals | 71.54 Bn | 71.44 Bn | 687.86 Mn | 21.45 |
| 5 | AngloGold Ashanti | 61.52 Bn | 58.70 Bn | 1.70 Bn | - |
| 6 | Gold Fields | 42.88 Bn | 41.10 Bn | - | - |
| 7 | Pan American Silver | 22.31 Bn | 20.74 Bn | 457,000.00 | 0.05 |
| 8 | Coeur Mining | 22.05 Bn | 21.00 Bn | 535.85 Mn | - |
| 9 | Royal Gold | 22.00 Bn | 21.82 Bn | 390.45 Mn | 27.97 |
| 10 | Magellan Copper & Gold | 3.42 Mn | 3.42 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 | -5.59 |
| 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 | 4.76 |
| Sep 30, 2022 | -0.41 |
| Jun 30, 2022 | -0.33 |
| Mar 31, 2022 | -1.04 |
| Dec 31, 2021 | 0.69 |
| Sep 30, 2021 | -7.37 |
| Jun 30, 2021 | -6.26 |