Evolution Metals & Technologies (EMAT) Debt to Equity (2022 - 2025)
Evolution Metals & Technologies (EMAT) reported Debt to Equity of -$0.19 for Q4 2025, up 10.05% on a YoY basis from -$0.17 in Q4 2024, and down 3.7% quarter-over-quarter from -$0.18 in Q3 2025.
Evolution Metals & Technologies (EMAT) Debt to Equity (2022 - 2025) Analysis & Trends
Evolution Metals & Technologies has reported Debt to Equity for 4 years, with the latest figure at -$0.19 in Q4 2025.
- For the quarter ending Q4 2025, Debt to Equity rose 10.05% year-over-year to -$0.19; the trailing twelve-month figure through Dec 2025 stood at -$0.19 (up 10.05% YoY), and the FY2025 full-year result was -$0.19, up 10.05% from the prior year.
- Debt to Equity for Q4 2025 stood at -$0.19, down from -$0.18 in the prior quarter.
- The five-year high for Debt to Equity was -$0.18 in Q3 2025, with the low at -$0.34 in Q1 2024.
- Historically, Debt to Equity has averaged -$0.24 across 4 years, with a median of -$0.23 in 2024.
- Annual changes were most pronounced in 2023 — Debt to Equity plunged 55.68% — and 2025, when it surged 40.2%.
- Evolution Metals & Technologies' Debt to Equity stood at -$0.26 in 2022, then grew by 4.76% to -$0.25 in 2023, then gained by 14.22% to -$0.21 in 2024, then advanced by 10.05% to -$0.19 in 2025.
- The last three Debt to Equity figures came in at -$0.19 (Q4 2025), -$0.18 (Q3 2025), and -$0.19 (Q2 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | 0.18 |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | - |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | 0.51 |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | 0.03 |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 0.51 |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | - |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | - |
| 10 | Evolution Metals & Technologies | 15.17 Mn | 15.17 Mn | - | -0.19 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -0.19 |
| Sep 30, 2025 | -0.18 |
| Jun 30, 2025 | -0.19 |
| Mar 31, 2025 | -0.20 |
| Dec 31, 2024 | -0.21 |
| Sep 30, 2024 | -0.23 |
| Jun 30, 2024 | -0.23 |
| Mar 31, 2024 | -0.34 |
| Dec 31, 2023 | -0.25 |
| Sep 30, 2023 | -0.31 |
| Jun 30, 2023 | -0.27 |
| Mar 31, 2023 | -0.24 |
| Dec 31, 2022 | -0.26 |
| Sep 30, 2022 | -0.20 |