Ero CopperERO -4.72%91 Interest Coverage is 15.12 as of Mar. 2026, which is 26% above its 10-year median of 12.00. GuruFocus rates ERO with a GF Score™ of 91/100 and a GF Value™ of $36.24 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,318 Metals & Mining companies, Ero Copper ranks worse than 77.47% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Ero Copper's
Operating Income
for the
three
months ended in Mar. 2026 was $91.4 Mil. Ero Copper's Interest Expense for the
three
months ended in Mar. 2026 was $-6.0 Mil.
Ero Copper's interest coverage for the quarter that ended in Mar. 2026 was 15.12.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Ero Copper's Interest Coverage or its related term are showing as below:
ERO'
s Interest Coverage Range Over the Past 10 Years
Min: 3.09 Med: 12 Max: 65.41
Current: 15.21
ERO's Interest Coverage is ranked worse than 77.47% of 1318
companies
in the Metals & Mining industry
Industry Median: No Debt
vs ERO: 15.21
Ero Copper (NYSE:ERO) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Ero Copper Interest Coverage Related Terms
Ero Copper Interest Coverage Historical Data
* Premium members only.
The historical data trend for Ero Copper's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Copper subindustry, Ero Copper's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ero Copper Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ero Copper's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Ero Copper's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ero Copper (ERO) has a Interest Coverage of 15.12 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ero Copper and its competitors. This is 26% above median its historical median of 12.00. Over the past decade, Ero Copper's Interest Coverage has ranged from 3.09 to 65.41. According to the industry distribution chart, Ero Copper ranks #1021 out of 1318 companies in the Metals & Mining industry, placing it in the top 77.5%.
Is Ero Copper's Interest Coverage too high?
Ero Copper's current Interest Coverage of 15.12 is 26% above median its 10-year median of 12.00. Over the past 10 years, this metric has ranged from a low of 3.09 to a high of 65.41. The Metals & Mining industry median Interest Coverage is 10,000.00. Ero Copper's value of 15.12 is 99.8% below this industry median. Based on the distribution chart, Ero Copper ranks #1021 out of 1318 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Ero Copper has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ero Copper's Interest Coverage compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Ero Copper ranks #1021 out of 1318 companies for Interest Coverage. This places Ero Copper in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Ero Copper's value of 15.12 is 99.8% below this benchmark. Historically, Ero Copper's own Interest Coverage has ranged from 3.09 to 65.41 over the past decade. While the company's 10-year median is 12.00 vs. the industry median of 10,000.00, Ero Copper has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,318 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ero Copper's current Interest Coverage of 15.12 is 99.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ero Copper and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ero Copper's current Interest Coverage is 15.12, which is 26% above median its own 10-year median of 12.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ero Copper stock overvalued right now?
Based on GuruFocus' analysis, Ero Copper (ERO) is currently considered Modestly Undervalued. The stock's GF Value™ is $36.24, compared to a current price of $26.44 — trading 27% below its estimated fair value. The current Interest Coverage is 15.12, which is 26% above median its 10-year median of 12.00 and 99.8% below the Metals & Mining industry median of 10,000.00. Ero Copper's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Ero Copper (ERO), the current Interest Coverage is 15.12 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ero Copper (ERO) Overvalued in 2026?
Based on GuruFocus' analysis, Ero Copper stock appears to be undervalued.
The current stock price of $26.44 is trading 27% below its estimated GF Value™ of $36.24.
GuruFocus considers Ero Copper to be Modestly Undervalued.
Key valuation signals for ERO:
Interest Coverage: 15.12 (26% above median its 10-year median of 12.00)
GF Value™: $36.24 vs. price of $26.44 (27% below fair value)
Industry Position: 99.8% below the Metals & Mining median (#1021 of 1318)
No single metric tells the full story. See the ERO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ero Copper Corp is a high-margin, high-growth copper producer with operations in Brazil. Its primary asset is its 99.6% ownership interest in Mineracao Caraiba S.A., held indirectly through its wholly-owned subsidiary. The company also owns a 97.6% ownership interest in NX Gold S.A. indirectly through its wholly-owned subsidiary. Its reporting segments include its three operating mines in Brazil, the Caraiba Operations, the Tucuma Operation, and the Xavantina Operations, and its corporate head office in Canada.
91GF Score
Get the complete analysis for ERO
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