Sigma Lithium (MEX:SGML N) Interest Coverage: 3.41 (As of Mar. 2026) — 100% Below Median


What is Sigma Lithium Interest Coverage?

Sigma Lithium MEX:SGML N 48 Interest Coverage is 3.41 as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates MEX:SGML N with a GF Score™ of 48/100. The stock has 4 warning signs investors should review. Among 1,319 Metals & Mining companies, Sigma Lithium ranks worse than 75814.94% 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. Sigma Lithium's Operating Income for the three months ended in Mar. 2026 was MXN245.62 Mil. Sigma Lithium's Interest Expense for the three months ended in Mar. 2026 was MXN-71.97 Mil. Sigma Lithium's interest coverage for the quarter that ended in Mar. 2026 was 3.41. The higher the ratio, the stronger the company's financial strength is.

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


MEX:SGML N's Interest Coverage is not ranked *
in the Metals & Mining industry.
Industry Median: No Debt
* Ranked among companies with meaningful Interest Coverage only.

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


Sigma Lithium  (MEX:SGML N) 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 .


Sigma Lithium Interest Coverage Related Terms


Sigma Lithium Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sigma Lithium'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.

Sigma Lithium Interest Coverage Chart

Sigma Lithium Annual Data
Trend Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Sigma Lithium 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 1.31 0.00 0.00 0.39 3.41

Sigma Lithium Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Sigma Lithium'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.


Sigma Lithium Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where Sigma Lithium's Interest Coverage falls into.



Sigma Lithium 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.

Sigma Lithium'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, Sigma Lithium's Interest Expense was MXN-408.32 Mil. Its Operating Income was MXN-218.97 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN266.23 Mil.

Sigma Lithium did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, Sigma Lithium's Interest Expense was MXN-71.97 Mil. Its Operating Income was MXN245.62 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN272.78 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*245.623/-71.969
=3.41

* 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 3.41 mean?
Sigma Lithium (MEX:SGML N) has a Interest Coverage of 3.41 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sigma Lithium and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Sigma Lithium's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Sigma Lithium ranks #999999 out of 1319 companies in the Metals & Mining industry.
Is Sigma Lithium's Interest Coverage too high?
Sigma Lithium's current Interest Coverage of 3.41 is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. The Metals & Mining industry median Interest Coverage is 10,000.00. Sigma Lithium's value of 3.41 is 100% below this industry median. Based on the distribution chart, Sigma Lithium ranks #999999 out of 1319 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Sigma Lithium has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Sigma Lithium's Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Sigma Lithium ranks #999999 out of 1319 companies for Interest Coverage. This places Sigma Lithium in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Sigma Lithium's value of 3.41 is 100% below this benchmark. Historically, Sigma Lithium's own Interest Coverage has ranged from 10,000.00 to 10,000.00 over the past decade. While the company's 10-year median is 10,000.00 vs. the industry median of 10,000.00, Sigma Lithium 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 1,319 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. Sigma Lithium's current Interest Coverage of 3.41 is 100% 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 Sigma Lithium 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. Sigma Lithium's current Interest Coverage is 3.41, which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sigma Lithium stock overvalued right now?
Sigma Lithium (MEX:SGML N) has a current Interest Coverage of 3.41. The current Interest Coverage is 3.41, which is 100% below median its 10-year median of 10,000.00 and 100% below the Metals & Mining industry median of 10,000.00. Sigma Lithium's overall GF Score™ is 48/100 with 4 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 Sigma Lithium (MEX:SGML N), the current Interest Coverage is 3.41 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.

Sigma Lithium Business Description

Address 181, Bay Street, Suite 4400, Toronto, ON, CAN, M5J 2T3
Sigma Lithium Corp together with its direct and indirect subsidiaries, is a commercial producer of lithium concentrate. It holds full interest in four mineral properties: Grota do Cirilo, Sao Jose, Santa Clara, and Genipapo, located in the municipalities of Aracuai and Itinga, in the Vale do Jequitinhonha region in the State of Minas Gerais, Brazil. Geographically, the company operates in Switzerland; United Arab Emirates; Singapore; and Republic of Korea, of which it derives maximum revenue from Switzerland.