Other Income & Expense

Interest costs capitalized adjustment

Southern Copper Interest costs capitalized adjustment increased by 18.5% to $14.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 41.3%, from $10.40M to $14.70M. Over 4 years (FY 2021 to FY 2025), Interest costs capitalized adjustment shows an upward trend with a 11.3% CAGR.

Analysis

StatementIncome Statement
SectionOther Income & Expense
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026Apr 30, 2026

How to read this metric

High levels indicate significant ongoing capital investment projects, which may lead to higher future depreciation.

Detailed definition

This represents the portion of interest costs that are capitalized into the value of long-term assets under construction...

Peer comparison

Common in capital-intensive industries; peers with large fleet renewal programs will show similar adjustments.

Metric ID: scco_interest_capitalized_adjustment

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$7.30M$7.80M$8.60M$10.70M$11.40M$12.50M$12.40M$11.40M$12.40M$12.70M$13.10M$13.70M$10.80M$11.00M$6.90M$10.40M$11.60M$13.00M$12.40M$14.70M
QoQ Change+6.8%+10.3%+24.4%+6.5%+9.6%-0.8%-8.1%+8.8%+2.4%+3.1%+4.6%-21.2%+1.9%-37.3%+50.7%+11.5%+12.1%-4.6%+18.5%
YoY Change+56.2%+60.3%+44.2%+6.5%+8.8%+1.6%+5.6%+20.2%-12.9%-13.4%-47.3%-24.1%+7.4%+18.2%+79.7%+41.3%
Range$6.90M$14.70M
CAGR+15.9%
Avg YoY Growth+15.8%
Median YoY Growth+8.1%

Frequently Asked Questions

What is Southern Copper's interest costs capitalized adjustment?
Southern Copper (SCCO) reported interest costs capitalized adjustment of $14.70M in Q1 2026.
How has Southern Copper's interest costs capitalized adjustment changed year-over-year?
Southern Copper's interest costs capitalized adjustment increased by 41.3% year-over-year, from $10.40M to $14.70M.
What is the long-term trend for Southern Copper's interest costs capitalized adjustment?
Over 4 years (2021 to 2025), Southern Copper's interest costs capitalized adjustment has grown at a 11.3% compound annual growth rate (CAGR), from $30.90M to $47.40M.
What does interest costs capitalized adjustment mean?
Interest costs added to the value of assets being built instead of being recorded as an expense.