SSR Mining (TSX:SSRM) Interest Coverage: 240.48 (As of Mar. 2026) — 1567% Above Median


TSX:SSRM SSR Mining Inc TSX:SSRM
88 GF Score
Price C$40.28
GF Value C$29.10
Valuation Significantly Overvalued
! 3 Warning Signs
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What is SSR Mining Interest Coverage?

SSR Mining TSX:SSRM -3.15% 88 Interest Coverage is 240.48 as of Mar. 2026, which is 1567% above its 10-year median of 14.43. GuruFocus rates TSX:SSRM with a GF Score™ of 88/100 and a GF Value™ of C$29.10 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,319 Metals & Mining companies, SSR Mining ranks worse than 67.55% 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. SSR Mining's Operating Income for the three months ended in Mar. 2026 was C$419 Mil. SSR Mining's Interest Expense for the three months ended in Mar. 2026 was C$-2 Mil. SSR Mining's interest coverage for the quarter that ended in Mar. 2026 was 240.48. 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. SSR Mining Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

TSX:SSRM' s Interest Coverage Range Over the Past 10 Years
Min: 0.94   Med: 14.43   Max: 55.91
Current: 55.91


TSX:SSRM's Interest Coverage is ranked worse than
67.55% of 1319 companies
in the Metals & Mining industry
Industry Median: No Debt vs TSX:SSRM: 55.91

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


SSR Mining  (TSX:SSRM) 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 .


SSR Mining Interest Coverage Related Terms


SSR Mining Interest Coverage Historical Data

* Premium members only.

The historical data trend for SSR Mining'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.

SSR Mining Interest Coverage Chart

SSR Mining 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 24.92 9.91 16.99 0.00 32.21

SSR Mining 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 64.48 17.54 26.71 65.50 240.48

TSX:SSRM vs NEM, AU: Interest Coverage Comparison

For the Gold subindustry, SSR Mining'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.


SSR Mining Interest Coverage vs Metals & Mining Industry

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

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


TSX:SSRM
88GF Score
SSR Mining Inc TSX:SSRM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SSR Mining 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.

SSR Mining'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, SSR Mining's Interest Expense was C$-20 Mil. Its Operating Income was C$648 Mil. And its Long-Term Debt & Capital Lease Obligation was C$176 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*647.65/-20.106
=32.21

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

Here, for the three months ended in Mar. 2026, SSR Mining's Interest Expense was C$-2 Mil. Its Operating Income was C$419 Mil. And its Long-Term Debt & Capital Lease Obligation was C$91 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*418.911/-1.742
=240.48

* 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 240.48 mean?
SSR Mining (TSX:SSRM) has a Interest Coverage of 240.48 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SSR Mining and its competitors. This is 1567% above median its historical median of 14.43. Over the past decade, SSR Mining's Interest Coverage has ranged from 0.94 to 55.91. According to the industry distribution chart, SSR Mining ranks #891 out of 1319 companies in the Metals & Mining industry, placing it in the top 67.6%.
Is SSR Mining's Interest Coverage too high?
SSR Mining's current Interest Coverage of 240.48 is 1567% above median its 10-year median of 14.43. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 55.91. The Metals & Mining industry median Interest Coverage is 10,000.00. SSR Mining's value of 240.48 is 97.6% below this industry median. Based on the distribution chart, SSR Mining ranks #891 out of 1319 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, SSR Mining has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSR Mining's Interest Coverage compare to NEM and AU?
According to the Metals & Mining industry distribution chart, SSR Mining ranks #891 out of 1319 companies for Interest Coverage. This places SSR Mining in the lower half of its industry. The industry median Interest Coverage is 10,000.00. SSR Mining's value of 240.48 is 97.6% below this benchmark. Historically, SSR Mining's own Interest Coverage has ranged from 0.94 to 55.91 over the past decade. While the company's 10-year median is 14.43 vs. the industry median of 10,000.00, SSR Mining 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. SSR Mining's current Interest Coverage of 240.48 is 97.6% 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 SSR Mining 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. SSR Mining's current Interest Coverage is 240.48, which is 1567% above median its own 10-year median of 14.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSR Mining stock overvalued right now?
Based on GuruFocus' analysis, SSR Mining (TSX:SSRM) is currently considered Significantly Overvalued. The stock's GF Value™ is C$29.10, compared to a current price of C$40.28 — trading 38.4% above its estimated fair value. The current Interest Coverage is 240.48, which is 1567% above median its 10-year median of 14.43 and 97.6% below the Metals & Mining industry median of 10,000.00. SSR Mining's overall GF Score™ is 88/100 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 SSR Mining (TSX:SSRM), the current Interest Coverage is 240.48 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 SSR Mining (TSX:SSRM) Overvalued in 2026?

Based on GuruFocus' analysis, SSR Mining stock appears to be overvalued. The current stock price of C$40.28 is trading 38.4% above its estimated GF Value™ of C$29.10. GuruFocus considers SSR Mining to be Significantly Overvalued.

Key valuation signals for TSX:SSRM:

  • Interest Coverage: 240.48 (1567% above median its 10-year median of 14.43)
  • GF Value™: C$29.10 vs. price of C$40.28 (38.4% above fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 97.6% below the Metals & Mining median (#891 of 1319)

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


SSR Mining Business Description

Other Exchanges SSRM:USA0VGE:UKZSV:Germany
Address 6900 E. Layton Avenue, Suite 1300, Denver, CO, USA, 80237
SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard's revenue is attributable to the production of gold, with a key portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Puna mine in Argentina. The majority of gold production is derived from the Marigold mine, and Silver Standard's silver production is principally derived from the Puna mine.
88GF Score

Get the complete analysis for TSX:SSRM

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

C$40.28
Price
C$29.10
GF Value