Wheaton Precious Metals (MEX:WPMN) Interest Coverage: 6,616.82 (As of Mar. 2026) — 661% Above Median


MEX:WPMN Wheaton Precious Metals Corp MEX:WPMN
89 GF Score
Price MXN2,170.00
GF Value MXN3,137.79
Valuation Significantly Undervalued
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What is Wheaton Precious Metals Interest Coverage?

Wheaton Precious Metals MEX:WPMN 89 Interest Coverage is 6,616.82 as of Mar. 2026, which is 661% above its 10-year median of 869.78. GuruFocus rates MEX:WPMN with a GF Score™ of 89/100 and a GF Value™ of MXN3,137.79 (Significantly Undervalued). Among 1,319 Metals & Mining companies, Wheaton Precious Metals ranks worse than 61.03% 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. Wheaton Precious Metals's Operating Income for the three months ended in Mar. 2026 was MXN12,168 Mil. Wheaton Precious Metals's Interest Expense for the three months ended in Mar. 2026 was MXN-2 Mil. Wheaton Precious Metals's interest coverage for the quarter that ended in Mar. 2026 was 6,616.82. 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. Wheaton Precious Metals Corp has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Wheaton Precious Metals's Interest Coverage or its related term are showing as below:

MEX:WPMN' s Interest Coverage Range Over the Past 10 Years
Min: 6.55   Med: 869.78   Max: 5513.9
Current: 4468.98


MEX:WPMN's Interest Coverage is ranked worse than
61.03% of 1319 companies
in the Metals & Mining industry
Industry Median: No Debt vs MEX:WPMN: 4468.98

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


Wheaton Precious Metals  (MEX:WPMN) 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 .


Wheaton Precious Metals Interest Coverage Related Terms


Wheaton Precious Metals Interest Coverage Historical Data

* Premium members only.

The historical data trend for Wheaton Precious Metals'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.

Wheaton Precious Metals Interest Coverage Chart

Wheaton Precious Metals 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 1,698.68 5,531.12 2,440.69 2,569.35 3,687.02

Wheaton Precious Metals 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 3,193.81 2,997.53 2,893.85 5,425.70 6,616.82

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

For the Gold subindustry, Wheaton Precious Metals'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.


Wheaton Precious Metals Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where Wheaton Precious Metals's Interest Coverage falls into.


MEX:WPMN
89GF Score
Wheaton Precious Metals Corp MEX:WPMN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wheaton Precious Metals 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.

Wheaton Precious Metals'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, Wheaton Precious Metals's Interest Expense was MXN-8 Mil. Its Operating Income was MXN28,479 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN132 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*28478.553/-7.724
=3,687.02

Wheaton Precious Metals's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Wheaton Precious Metals's Interest Expense was MXN-2 Mil. Its Operating Income was MXN12,168 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN128 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*12168.34/-1.839
=6,616.82

* 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 6,616.82 mean?
Wheaton Precious Metals (MEX:WPMN) has a Interest Coverage of 6,616.82 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Wheaton Precious Metals and its competitors. This is 661% above median its historical median of 869.78. Over the past decade, Wheaton Precious Metals' Interest Coverage has ranged from 6.55 to 5,513.90. According to the industry distribution chart, Wheaton Precious Metals ranks #805 out of 1319 companies in the Metals & Mining industry, placing it in the top 61%.
Is Wheaton Precious Metals' Interest Coverage too high?
Wheaton Precious Metals' current Interest Coverage of 6,616.82 is 661% above median its 10-year median of 869.78. Over the past 10 years, this metric has ranged from a low of 6.55 to a high of 5,513.90. The Metals & Mining industry median Interest Coverage is 10,000.00. Wheaton Precious Metals' value of 6,616.82 is 33.8% below this industry median. Based on the distribution chart, Wheaton Precious Metals ranks #805 out of 1319 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Wheaton Precious Metals has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wheaton Precious Metals' Interest Coverage compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Wheaton Precious Metals ranks #805 out of 1319 companies for Interest Coverage. This places Wheaton Precious Metals in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Wheaton Precious Metals' value of 6,616.82 is 33.8% below this benchmark. Historically, Wheaton Precious Metals' own Interest Coverage has ranged from 6.55 to 5,513.90 over the past decade. While the company's 10-year median is 869.78 vs. the industry median of 10,000.00, Wheaton Precious Metals 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. Wheaton Precious Metals's current Interest Coverage of 6,616.82 is 33.8% 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 Wheaton Precious Metals 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. Wheaton Precious Metals's current Interest Coverage is 6,616.82, which is 661% above median its own 10-year median of 869.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wheaton Precious Metals stock overvalued right now?
Based on GuruFocus' analysis, Wheaton Precious Metals (MEX:WPMN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN3,137.79, compared to a current price of MXN2,170.00 — trading 30.8% below its estimated fair value. The current Interest Coverage is 6,616.82, which is 661% above median its 10-year median of 869.78 and 33.8% below the Metals & Mining industry median of 10,000.00. Wheaton Precious Metals' overall GF Score™ is 89/100. 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 Wheaton Precious Metals (MEX:WPMN), the current Interest Coverage is 6,616.82 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 Wheaton Precious Metals (MEX:WPMN) Overvalued in 2026?

Based on GuruFocus' analysis, Wheaton Precious Metals stock appears to be undervalued. The current stock price of MXN2,170.00 is trading 30.8% below its estimated GF Value™ of MXN3,137.79. GuruFocus considers Wheaton Precious Metals to be Significantly Undervalued.

Key valuation signals for MEX:WPMN:

  • Interest Coverage: 6,616.82 (661% above median its 10-year median of 869.78)
  • GF Value™: MXN3,137.79 vs. price of MXN2,170.00 (30.8% below fair value)
  • GF Score™: 89/100
  • Industry Position: 33.8% below the Metals & Mining median (#805 of 1319)

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


Wheaton Precious Metals Business Description

Address 1021 West Hastings Street, Suite 3500, Vancouver, BC, CAN, V6E 0C3
Wheaton Precious Metals Corp is a precious metal streaming company. Its geographical segment includes: North America; Europe; South America; and Africa. It generates its revenue from the sale of precious metals (gold, silver and palladium) and cobalt.
89GF Score

Get the complete analysis for MEX:WPMN

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

MXN2,170.00
Price
MXN3,137.79
GF Value