OceanaGold (MEX:OGCN) Interest Expense: MXN-242 Mil (TTM As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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MEX:OGCN OceanaGold Corp MEX:OGCN
86 GF Score
Price MXN466.16
GF Value MXN371.60
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What is OceanaGold Interest Expense?

OceanaGold MEX:OGCN 86 Interest Expense is MXN-242 Mil as of Jun. 2026. GuruFocus rates MEX:OGCN with a GF Score™ of 86/100 and a GF Value™ of MXN371.60.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. OceanaGold's interest expense for the three months ended in Jun. 2026 was MXN -80 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2026 was MXN-242 Mil.

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. OceanaGold's Operating Income for the three months ended in Jun. 2026 was MXN 5,650 Mil. OceanaGold's Interest Expense for the three months ended in Jun. 2026 was MXN -80 Mil. OceanaGold's Interest Coverage for the quarter that ended in Jun. 2026 was 70.39. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

OceanaGold  (MEX:OGCN) Interest Expense Explanation

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. The higher, the better.

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

OceanaGold's Interest Expense for the three months ended in Jun. 2026 was MXN-80 Mil. Its Operating Income for the three months ended in Jun. 2026 was MXN5,650 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2026 was MXN602 Mil.

OceanaGold's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*5649.986/-80.265
=70.39

* 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.

Good Sign:

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

OceanaGold Interest Expense Historical Data

* Premium members only.

The historical data trend for OceanaGold's Interest Expense 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.

OceanaGold Interest Expense Chart

OceanaGold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -240.01 -216.41 -383.62 -463.00 -230.47

OceanaGold Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Interest Expense 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 -58.37 -51.36 -64.82 -45.08 -80.27
MEX:OGCN
86GF Score
OceanaGold Corp MEX:OGCN
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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OceanaGold Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-242 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of MXN-242 Mil mean?
OceanaGold (MEX:OGCN) has a Interest Expense of MXN-242 Mil as of Jun. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on OceanaGold and its competitors.
Is OceanaGold's Interest Expense too high?
OceanaGold's current Interest Expense is MXN-242 Mil. Overall, OceanaGold has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does OceanaGold's Interest Expense compare to NEM and AU?
OceanaGold's Interest Expense of MXN-242 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Metals & Mining company?
A good Interest Expense depends on the Metals & Mining industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on OceanaGold and its competitors. OceanaGold's current Interest Expense is MXN-242 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OceanaGold stock overvalued right now?
OceanaGold (MEX:OGCN) has a current Interest Expense of MXN-242 Mil. The stock's GF Value™ is MXN371.60, compared to a current price of MXN466.16 — trading 25.4% above its estimated fair value. The current Interest Expense is MXN-242 Mil. OceanaGold's overall GF Score™ is 86/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For OceanaGold (MEX:OGCN), the current Interest Expense is MXN-242 Mil as of Jun. 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 OceanaGold (MEX:OGCN) Overvalued in 2026?

Based on GuruFocus' analysis, OceanaGold stock appears to be overvalued. The current stock price of MXN466.16 is trading 25.4% above its estimated GF Value™ of MXN371.60.

Key valuation signals for MEX:OGCN:

  • Interest Expense: MXN-242 Mil
  • GF Value™: MXN371.60 vs. price of MXN466.16 (25.4% above fair value)
  • GF Score™: 86/100

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

OceanaGold Business Description

Address 400 Burrard Street, Suite 1020, Vancouver, BC, CAN, V6C 3A6
OceanaGold Corp is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from its operations and delivering robust returns for its shareholders. It has a portfolio of four operating mines: the Haile Gold Mine in the United States of America; the Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand. The company generates key revenue from Haile mines.
86GF Score

Get the complete analysis for MEX:OGCN

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

MXN466.16
Price
MXN371.60
GF Value