Hudbay Minerals (FRA:OCKA) Interest Coverage: 14.34 (As of Mar. 2026) — 351% Above Median


FRA:OCKA Hudbay Minerals Inc FRA:OCKA
77 GF Score
Price €19.76
GF Value €8.83
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Hudbay Minerals Interest Coverage?

Hudbay Minerals FRA:OCKA -3.52% 77 Interest Coverage is 14.34 as of Mar. 2026, which is 351% above its 10-year median of 3.18. GuruFocus rates FRA:OCKA with a GF Score™ of 77/100 and a GF Value™ of €8.83 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,316 Metals & Mining companies, Hudbay Minerals ranks worse than 84.57% 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. Hudbay Minerals's Operating Income for the three months ended in Mar. 2026 was €262 Mil. Hudbay Minerals's Interest Expense for the three months ended in Mar. 2026 was €-18 Mil. Hudbay Minerals's interest coverage for the quarter that ended in Mar. 2026 was 14.34. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Hudbay Minerals's Interest Coverage or its related term are showing as below:

FRA:OCKA' s Interest Coverage Range Over the Past 10 Years
Min: 0.23   Med: 3.18   Max: 7.73
Current: 7.73


FRA:OCKA's Interest Coverage is ranked worse than
84.57% of 1316 companies
in the Metals & Mining industry
Industry Median: No Debt vs FRA:OCKA: 7.73

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Hudbay Minerals  (FRA:OCKA) 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 .


Hudbay Minerals Interest Coverage Related Terms


Hudbay Minerals Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hudbay Minerals'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.

Hudbay Minerals Interest Coverage Chart

Hudbay Minerals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 3.18 2.83 4.15 6.27

Hudbay Minerals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.85 6.57 0.47 10.01 14.34

FRA:OCKA vs SCCO, FCX: Interest Coverage Comparison

For the Copper subindustry, Hudbay Minerals'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.


Hudbay Minerals Interest Coverage vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hudbay Minerals's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hudbay Minerals's Interest Coverage falls into.


FRA:OCKA
77GF Score
Hudbay Minerals Inc FRA:OCKA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hudbay Minerals Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Hudbay Minerals's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Hudbay Minerals's Interest Expense was €-77 Mil. Its Operating Income was €480 Mil. And its Long-Term Debt & Capital Lease Obligation was €483 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*479.606/-76.518
=6.27

Hudbay Minerals's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Hudbay Minerals's Interest Expense was €-18 Mil. Its Operating Income was €262 Mil. And its Long-Term Debt & Capital Lease Obligation was €488 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*261.749/-18.251
=14.34

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 14.34 mean?
Hudbay Minerals (FRA:OCKA) has a Interest Coverage of 14.34 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hudbay Minerals and its competitors. This is 351% above median its historical median of 3.18. Over the past decade, Hudbay Minerals' Interest Coverage has ranged from 0.23 to 7.73. According to the industry distribution chart, Hudbay Minerals ranks #1113 out of 1316 companies in the Metals & Mining industry, placing it in the top 84.6%.
Is Hudbay Minerals' Interest Coverage too high?
Hudbay Minerals' current Interest Coverage of 14.34 is 351% above median its 10-year median of 3.18. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 7.73. The Metals & Mining industry median Interest Coverage is 10,000.00. Hudbay Minerals' value of 14.34 is 99.9% below this industry median. Based on the distribution chart, Hudbay Minerals ranks #1113 out of 1316 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Hudbay Minerals has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hudbay Minerals' Interest Coverage compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Hudbay Minerals ranks #1113 out of 1316 companies for Interest Coverage. This places Hudbay Minerals in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Hudbay Minerals' value of 14.34 is 99.9% below this benchmark. Historically, Hudbay Minerals' own Interest Coverage has ranged from 0.23 to 7.73 over the past decade. While the company's 10-year median is 3.18 vs. the industry median of 10,000.00, Hudbay Minerals 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 1,316 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. Hudbay Minerals's current Interest Coverage of 14.34 is 99.9% 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 Hudbay Minerals 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. Hudbay Minerals's current Interest Coverage is 14.34, which is 351% above median its own 10-year median of 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hudbay Minerals stock overvalued right now?
Based on GuruFocus' analysis, Hudbay Minerals (FRA:OCKA) is currently considered Significantly Overvalued. The stock's GF Value™ is €8.83, compared to a current price of €19.76 — trading 123.8% above its estimated fair value. The current Interest Coverage is 14.34, which is 351% above median its 10-year median of 3.18 and 99.9% below the Metals & Mining industry median of 10,000.00. Hudbay Minerals' overall GF Score™ is 77/100 with 2 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 Hudbay Minerals (FRA:OCKA), the current Interest Coverage is 14.34 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 Hudbay Minerals (FRA:OCKA) Overvalued in 2026?

Based on GuruFocus' analysis, Hudbay Minerals stock appears to be overvalued. The current stock price of €19.76 is trading 123.8% above its estimated GF Value™ of €8.83. GuruFocus considers Hudbay Minerals to be Significantly Overvalued.

Key valuation signals for FRA:OCKA:

  • Interest Coverage: 14.34 (351% above median its 10-year median of 3.18)
  • GF Value™: €8.83 vs. price of €19.76 (123.8% above fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 99.9% below the Metals & Mining median (#1113 of 1316)

No single metric tells the full story. See the FRA:OCKA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hudbay Minerals Business Description

Address 25 York Street, Suite 800, Toronto, ON, CAN, M5J 2V5
Hudbay Minerals Inc is a copper-focused critical minerals company with three long-life operations and a pipeline of copper growth projects in Canada, Peru, and the United States. Its operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada), and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the company, which is complemented by gold, zinc, silver, and molybdenum production. Hudbay's growth pipeline includes the Copper World project and the Mason project in the USA, and the Llaguen project in Peru. The company's reportable segments are: Peru, which generates the maximum revenue, Manitoba, British Columbia, and Arizona. Geographically, it generates maximum revenue from China and Canada.
77GF Score

Get the complete analysis for FRA:OCKA

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€19.76
Price
€8.83
GF Value