MUX (McEwen) Interest Coverage: 7.09 (As of Mar. 2026) — 100% Below Median


MUX McEwen Inc MUX
66 GF Score
Price $17.33
GF Value $11.06
Valuation Significantly Overvalued
! 3 Warning Signs
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What is McEwen Interest Coverage?

McEwen MUX +1.70% 66 Interest Coverage is 7.09 as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates MUX with a GF Score™ of 66/100 and a GF Value™ of $11.06 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,319 Metals & Mining companies, McEwen 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. McEwen's Operating Income for the three months ended in Mar. 2026 was $10.9 Mil. McEwen's Interest Expense for the three months ended in Mar. 2026 was $-1.5 Mil. McEwen's interest coverage for the quarter that ended in Mar. 2026 was 7.09. The higher the ratio, the stronger the company's financial strength is.

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


MUX'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.


McEwen  (NYSE:MUX) 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 .


McEwen Interest Coverage Related Terms


McEwen Interest Coverage Historical Data

* Premium members only.

The historical data trend for McEwen'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.

McEwen Interest Coverage Chart

McEwen 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 0.00 0.00 N/A 0.00 0.00

McEwen 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 0.33 0.00 0.00 0.00 7.09

MUX vs LODE, GORO, THMG: Interest Coverage Comparison

For the Other Precious Metals & Mining subindustry, McEwen'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.


McEwen Interest Coverage vs Metals & Mining Industry

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

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


MUX
66GF Score
McEwen Inc MUX
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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McEwen 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.

McEwen'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, McEwen's Interest Expense was $-7.2 Mil. Its Operating Income was $-12.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $127.3 Mil.

McEwen did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, McEwen's Interest Expense was $-1.5 Mil. Its Operating Income was $10.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $124.3 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*10.904/-1.537
=7.09

* 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 7.09 mean?
McEwen (MUX) has a Interest Coverage of 7.09 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on McEwen and its competitors. This is 100% below median its historical median of 10,000.00. According to the industry distribution chart, McEwen ranks #999999 out of 1319 companies in the Metals & Mining industry.
Is McEwen's Interest Coverage too high?
McEwen's current Interest Coverage of 7.09 is 100% below median its 10-year median of 10,000.00. The Metals & Mining industry median Interest Coverage is 10,000.00. McEwen's value of 7.09 is 99.9% below this industry median. Based on the distribution chart, McEwen ranks #999999 out of 1319 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, McEwen has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does McEwen's Interest Coverage compare to LODE and GORO?
According to the Metals & Mining industry distribution chart, McEwen ranks #999999 out of 1319 companies for Interest Coverage. This places McEwen in the lower half of its industry. The industry median Interest Coverage is 10,000.00. McEwen's value of 7.09 is 99.9% below this benchmark. While the company's 10-year median is 10,000.00 vs. the industry median of 10,000.00, McEwen 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. McEwen's current Interest Coverage of 7.09 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 McEwen 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. McEwen's current Interest Coverage is 7.09, 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 McEwen stock overvalued right now?
Based on GuruFocus' analysis, McEwen (MUX) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.06, compared to a current price of $17.33 — trading 56.7% above its estimated fair value. The current Interest Coverage is 7.09, which is 100% below median its 10-year median of 10,000.00 and 99.9% below the Metals & Mining industry median of 10,000.00. McEwen's overall GF Score™ is 66/100 with 3 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 McEwen (MUX), the current Interest Coverage is 7.09 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 McEwen (MUX) Overvalued in 2026?

Based on GuruFocus' analysis, McEwen stock appears to be overvalued. The current stock price of $17.33 is trading 56.7% above its estimated GF Value™ of $11.06. GuruFocus considers McEwen to be Significantly Overvalued.

Key valuation signals for MUX:

  • Interest Coverage: 7.09 (100% below median its 10-year median of 10,000.00)
  • GF Value™: $11.06 vs. price of $17.33 (56.7% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 99.9% below the Metals & Mining median (#999999 of 1319)

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


McEwen Business Description

Address 150 King Street West, Suite 2800, PO Box 24, Toronto, ON, CAN, M5H 1J9
McEwen Inc is a mining and minerals production and exploration company that focuses on precious and base minerals in Argentina, Mexico, and the United States. The company generates its revenue from gold and silver production. It owns and operates the wholly-owned El Gallo 1 mine in Mexico and holds a minority stake in the company that manages the San Jose mine in Argentina. Its Other operations include: Fox Complex, Gold Bar Complex, Project Fenix, and Los Azules. The company generates its revenue from gold and silver production. Its operating segments include Canada, United States, Mexico, MSC and McEwen Copper, of which it derives maximum revenue from USA.
66GF Score

Get the complete analysis for MUX

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

$17.33
Price
$11.06
GF Value