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Yamana Gold (BUE:AUY) Interest Coverage : 1.35 (As of Dec. 2022)


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What is Yamana Gold Interest Coverage?

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. Yamana Gold's Operating Income for the three months ended in Dec. 2022 was ARS2,817 Mil. Yamana Gold's Interest Expense for the three months ended in Dec. 2022 was ARS-2,079 Mil. Yamana Gold's interest coverage for the quarter that ended in Dec. 2022 was 1.35. The higher the ratio, the stronger the company's financial strength is.

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

BUE:AUY' s Interest Coverage Range Over the Past 10 Years
Min: 0.39   Med: 2.76   Max: 24.56
Current: 6.64


BUE:AUY's Interest Coverage is not ranked
in the Metals & Mining industry.
Industry Median: No Debt vs BUE:AUY: 6.64

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


Yamana Gold Interest Coverage Historical Data

The historical data trend for Yamana Gold'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.

* Premium members only.

Yamana Gold Interest Coverage Chart

Yamana Gold Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.52 2.99 6.84 7.73 6.71

Yamana Gold Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 12.50 8.91 11.21 4.89 1.35

Competitive Comparison of Yamana Gold's Interest Coverage

For the Gold subindustry, Yamana Gold'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.


Yamana Gold's Interest Coverage Distribution in the Metals & Mining Industry

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

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



Yamana Gold 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.

Yamana Gold's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Yamana Gold's Interest Expense was ARS-8,265 Mil. Its Operating Income was ARS55,425 Mil. And its Long-Term Debt & Capital Lease Obligation was ARS129,811 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*55425.088/-8265.145
=6.71

Yamana Gold's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Here, for the three months ended in Dec. 2022, Yamana Gold's Interest Expense was ARS-2,079 Mil. Its Operating Income was ARS2,817 Mil. And its Long-Term Debt & Capital Lease Obligation was ARS129,811 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2022 )/Interest Expense (Q: Dec. 2022 )
=-1*2816.52/-2078.86
=1.35

* 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.


Yamana Gold  (BUE:AUY) 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 .


Yamana Gold Interest Coverage Related Terms

Thank you for viewing the detailed overview of Yamana Gold's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Yamana Gold (BUE:AUY) Business Description

Traded in Other Exchanges
N/A
Address
200 Bay Street, Suite 2200, Royal Bank Plaza, North Tower, Toronto, ON, CAN, M5J 2J3
Yamana Gold Inc is a Canadian-based precious metals producer with gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. The company's segment includes Canadian Malartic; Jacobina; Cerro Moro; El Penon; Minera Florida and Corporate and other. It generates maximum revenue from the Canadian Malartic segment.

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