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AGFirst Majestic Silver Corp.

Interest Coverage Ratio: 39.51x

popular:market cap|pe ratio|revenue|price history|total return

Is the interest coverage ratio high or low?

The interest coverage ratio of 39.51x is 931% above its 5-year average of 3.83x, near the high end of its 5-year range (-37.16x–50.28x).

As of Sunday, June 28, 2026. 58.94% above its 12-month average of 24.86x.

Interest Expense|Total Debt|Debt/Equity|Operating Margin|All Metrics
Interest Coverage

AG Interest Coverage Ratio

39.51x

Reported quarterly interest coverage; no daily interpolation.

+628.52% 5Y
AG Interest Coverage Ratio

AG Average Interest Coverage Ratio Chart

AG Interest Coverage Ratio

AG Current vs Average Interest Coverage Ratio Chart

AG Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

39.51x

INTEREST COVERAGE RATIO AVG TTM

24.86x

INTEREST COVERAGE RATIO AVG 3Y

2.86x

INTEREST COVERAGE RATIO AVG 5Y

1.55x

INTEREST COVERAGE RATIO AVG 10Y

1.15x

INTEREST COVERAGE RATIO AVG 15Y

1.07x

INTEREST COVERAGE RATIO AVG 20Y

0.82x

CURRENT VS TTM AVG

+58.94%

CURRENT VS 3Y AVG

+1281.19%

CURRENT VS 5Y AVG

+2449.89%

CURRENT VS 10Y AVG

+3344.94%

CURRENT VS 15Y AVG

+3587.05%

CURRENT VS 20Y AVG

+4741.44%

AG Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
First Majestic Silver Corp. (AG)$8.34B39.51x24.86x2.86x1.55x
The Mosaic Company (MOS)vs ›$7.11B4.82x3.76x10.74x9.60x
MP Materials Corp. (MP)vs ›$9.60B-3.90x37.58x37.58x37.58x
United States Steel Corporation (X)vs ›$12.42B10.00x18.21x17.86x14.55x
Avery Dennison Corporation (AVY)vs ›$12.68B8.15x8.15x9.64x10.98x
Solstice Advanced Materials Inc. (SOLS)vs ›$13.13B26.14x15.62x32.20x32.20x
Alcoa Corporation (AA)vs ›$14.25B4.80x6.13x9.43x8.81x
Lightwave Logic, Inc. (LWLG)vs ›$1.22BN/AN/AN/AN/A
Albemarle Corporation (ALB)vs ›$15.77B0.45x0.45x7.62x7.74x
CF Industries Holdings, Inc. (CF)vs ›$16.24B15.26x14.84x15.42x12.80x

Financial Health Indicators

Interest Coverage

39.5x

Debt/Equity

0.11

Current Ratio

2.60

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Interest Coverage Ratio FAQ

What is the interest coverage ratio for First Majestic Silver Corp. (AG)?
The interest coverage ratio for AG stock is 39.51x.
Is First Majestic Silver Corp.'s interest coverage ratio high or low?
The interest coverage ratio of 39.51x is 931% above its 5-year average of 3.83x, near the high end of its 5-year range (-37.16x–50.28x).
What is the TTM average interest coverage ratio for First Majestic Silver Corp. (AG)?
The TTM average interest coverage ratio for AG stock is 24.86x.
What is the 3Y average interest coverage ratio for First Majestic Silver Corp. (AG)?
The 3Y average interest coverage ratio for AG stock is 2.86x.
What is the 5Y average interest coverage ratio for First Majestic Silver Corp. (AG)?
The 5Y average interest coverage ratio for AG stock is 1.55x.
What is the 10Y average interest coverage ratio for First Majestic Silver Corp. (AG)?
The 10Y average interest coverage ratio for AG stock is 1.15x.
What is the 15Y average interest coverage ratio for First Majestic Silver Corp. (AG)?
The 15Y average interest coverage ratio for AG stock is 1.07x.
What is the 20Y average interest coverage ratio for First Majestic Silver Corp. (AG)?
The 20Y average interest coverage ratio for AG stock is 0.82x.

AG Interest Coverage Ratio History

DATEINTEREST COVERAGE RATIO
2026-03-3139.51x
2025-12-3150.28x
2025-09-3018.22x
2025-06-307.87x
2025-03-318.42x
2024-12-317.34x
2024-09-300.93x
2024-06-30-2.90x
2024-03-31-4.11x
2023-12-310.58x
2023-09-30-3.69x
2023-06-30-4.05x
2023-03-31-37.16x
2022-12-31-6.69x
2022-09-30-4.90x
2022-06-301.13x
2022-03-31-0.84x
2021-12-313.56x
2021-09-30-3.49x
2021-06-305.42x
2021-03-315.09x
2020-12-319.59x
2020-09-3012.51x
2020-06-30-9.17x
2020-03-310.14x
2019-12-31-14.65x
2019-09-304.98x
2019-06-30-1.13x
2019-03-311.12x
2018-12-31-68.02x
2018-09-30-2.21x
2018-06-30-14.71x
2018-03-31-4.97x
2017-12-31-97.56x
2017-09-30-1.33x
2017-06-30-6.06x
2017-03-315.04x
2016-12-314.15x
2016-09-3016.92x
2016-06-306.30x
2016-03-316.91x
2015-12-31-100.44x
2015-09-30-6.58x
2015-06-30-1.41x
2015-03-310.42x
2014-12-31-60.59x
2014-09-30-3.91x
2014-06-300.52x
2014-03-317.03x
2013-12-31-26.16x
2013-09-3040.31x
2013-06-308.71x
2013-03-3141.92x
2012-12-3131.94x
2012-09-3056.12x
2012-06-3049.51x
2012-03-3170.30x
2011-12-3187.79x
2011-09-3094.65x
2011-06-30106.39x
2011-03-31249.31x
2010-12-3165.79x
2010-09-3058.57x
2010-06-30118.64x
2010-03-3114.86x
2009-12-311.98x
2009-09-305.69x
2009-06-30-3.06x
2009-03-315.08x
2008-12-31-0.65x
2008-09-30-3.75x
2008-03-314.39x
2007-12-31-1.71x
2007-09-30-12.52x
2007-06-30-5.89x
2007-03-31-3.48x
2006-09-30-1.31x

Related Metrics

Interest ExpenseTotal DebtDebt/EquityOperating MarginAll Metrics

About First Majestic Silver Corp.

First Majestic Silver Corp. is a North American mining company dedicated to the exploration, acquisition, development, and operation of mineral properties, primarily concentrating on silver and gold output. The company fully owns and operates a portfolio of significant mining assets. In Mexico, these include the San Dimas Silver/Gold Mine (71,868 hectares in Durango and Sinaloa), the Santa Elena Silver/Gold Mine (102,244 hectares in Sonora), the La Encantada Silver Mine (4,076 hectares in Coahuila, complemented by 1,343 hectares of surface rights), the La Parrilla Silver Mine (69,478 hectares in Durango), the Del Toro Silver Mine (comprising 3,815 hectares of mining concessions and 219 hectares of surface rights in Zacatecas), the San Martin Silver Mine (12,795 hectares across 33 mining concessions in Jalisco), and the La Guitarra Silver Mine (39,714 hectares). Beyond Mexico, its holdings extend to the Jerritt Canyon gold mine, spanning approximately 30,821 hectares in Elko County, Nevada. Additionally, First Majestic maintains an interest in the Springpole project, a gold and silver prospect encompassing around 41,913 hectares in Ontario, Canada. Established in 1979, the firm initially operated as First Majestic Resource Corp. before adopting its current name, First Majestic Silver Corp., in November 2006. Its corporate headquarters are located in Vancouver, Canada.

Vancouver, BC
4,000 employees
www.firstmajestic.com
Basic Materials / Silver
Sector
Basic Materials
Industry
Silver
CEO
Keith N. Neumeyer
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