Kinross Gold (MEX:KGCN) Interest Coverage: 184.21 (As of Mar. 2026) — 2420% Above Median


MEX:KGCN Kinross Gold Corp MEX:KGCN
83 GF Score
Price MXN413.00
GF Value MXN282.64
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Kinross Gold Interest Coverage?

Kinross Gold MEX:KGCN -18.54% 83 Interest Coverage is 184.21 as of Mar. 2026, which is 2420% above its 10-year median of 7.31. GuruFocus rates MEX:KGCN with a GF Score™ of 83/100 and a GF Value™ of MXN282.64 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,318 Metals & Mining companies, Kinross Gold ranks worse than 67.37% 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. Kinross Gold's Operating Income for the three months ended in Mar. 2026 was MXN23,917 Mil. Kinross Gold's Interest Expense for the three months ended in Mar. 2026 was MXN-130 Mil. Kinross Gold's interest coverage for the quarter that ended in Mar. 2026 was 184.21. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Kinross Gold Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

MEX:KGCN' s Interest Coverage Range Over the Past 10 Years
Min: 0.12   Med: 7.31   Max: 60.17
Current: 60.17


MEX:KGCN's Interest Coverage is ranked worse than
67.37% of 1318 companies
in the Metals & Mining industry
Industry Median: No Debt vs MEX:KGCN: 60.17

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


Kinross Gold  (MEX:KGCN) 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 .


Kinross Gold Interest Coverage Related Terms


Kinross Gold Interest Coverage Historical Data

* Premium members only.

The historical data trend for Kinross Gold'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.

Kinross Gold Interest Coverage Chart

Kinross Gold 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 0.86 1.35 11.08 29.69 39.46

Kinross Gold 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 24.68 37.73 44.06 53.14 184.21

MEX:KGCN vs NEM, AU, CDE: Interest Coverage Comparison

For the Gold subindustry, Kinross Gold'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.


Kinross Gold Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where Kinross Gold's Interest Coverage falls into.


MEX:KGCN
83GF Score
Kinross Gold Corp MEX:KGCN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kinross Gold 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.

Kinross Gold'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, Kinross Gold's Interest Expense was MXN-1,473 Mil. Its Operating Income was MXN58,124 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN13,292 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*58124.2/-1472.866
=39.46

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

Here, for the three months ended in Mar. 2026, Kinross Gold's Interest Expense was MXN-130 Mil. Its Operating Income was MXN23,917 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN13,317 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*23916.77/-129.835
=184.21

* 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 184.21 mean?
Kinross Gold (MEX:KGCN) has a Interest Coverage of 184.21 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kinross Gold and its competitors. This is 2420% above median its historical median of 7.31. Over the past decade, Kinross Gold's Interest Coverage has ranged from 0.12 to 60.17. According to the industry distribution chart, Kinross Gold ranks #888 out of 1318 companies in the Metals & Mining industry, placing it in the top 67.4%.
Is Kinross Gold's Interest Coverage too high?
Kinross Gold's current Interest Coverage of 184.21 is 2420% above median its 10-year median of 7.31. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 60.17. The Metals & Mining industry median Interest Coverage is 10,000.00. Kinross Gold's value of 184.21 is 98.2% below this industry median. Based on the distribution chart, Kinross Gold ranks #888 out of 1318 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Kinross Gold has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kinross Gold's Interest Coverage compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Kinross Gold ranks #888 out of 1318 companies for Interest Coverage. This places Kinross Gold in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Kinross Gold's value of 184.21 is 98.2% below this benchmark. Historically, Kinross Gold's own Interest Coverage has ranged from 0.12 to 60.17 over the past decade. While the company's 10-year median is 7.31 vs. the industry median of 10,000.00, Kinross Gold 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. Kinross Gold's current Interest Coverage of 184.21 is 98.2% 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 Kinross Gold 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. Kinross Gold's current Interest Coverage is 184.21, which is 2420% above median its own 10-year median of 7.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinross Gold stock overvalued right now?
Based on GuruFocus' analysis, Kinross Gold (MEX:KGCN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN282.64, compared to a current price of MXN413.00 — trading 46.1% above its estimated fair value. The current Interest Coverage is 184.21, which is 2420% above median its 10-year median of 7.31 and 98.2% below the Metals & Mining industry median of 10,000.00. Kinross Gold's overall GF Score™ is 83/100 with 1 warning sign 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 Kinross Gold (MEX:KGCN), the current Interest Coverage is 184.21 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 Kinross Gold (MEX:KGCN) Overvalued in 2026?

Based on GuruFocus' analysis, Kinross Gold stock appears to be overvalued. The current stock price of MXN413.00 is trading 46.1% above its estimated GF Value™ of MXN282.64. GuruFocus considers Kinross Gold to be Significantly Overvalued.

Key valuation signals for MEX:KGCN:

  • Interest Coverage: 184.21 (2420% above median its 10-year median of 7.31)
  • GF Value™: MXN282.64 vs. price of MXN413.00 (46.1% above fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 98.2% below the Metals & Mining median (#888 of 1318)

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


Kinross Gold Business Description

Address 25 York Street, 17th Floor, Toronto, ON, CAN, M5J 2V5
Kinross Gold is a Canada-based gold producer, producing roughly 2 million gold equivalent ounces in 2025. The company had about a decade of gold reserves at the end of 2025. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. Kinross has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada. If developed as we think likely, it could produce an average of more than 500,000 ounces of gold per year for at least a decade, with its unit cash costs likely in the first quartile of the industry cost curve. Though Great Bear's production is likely to be replacement ounces for falling volumes at other mines.
83GF Score

Get the complete analysis for MEX:KGCN

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

MXN413.00
Price
MXN282.64
GF Value