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.
High levels indicate significant ongoing capital investment projects, which may lead to higher future depreciation.
This represents the portion of interest costs that are capitalized into the value of long-term assets under construction...
Common in capital-intensive industries; peers with large fleet renewal programs will show similar adjustments.
scco_interest_capitalized_adjustment| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |