Equinox Gold (EQX) Asset Utilization Ratio (2020 - 2025)
Equinox Gold (EQX) posted quarterly Asset Utilization Ratio of 0.14 for Q3 2025, up 4.38% year-over-year from 0.13 in Q3 2024, and down 11.0% on a QoQ basis from 0.16 in Q2 2025.
Equinox Gold (EQX) Asset Utilization Ratio (2020 - 2025) Analysis & Trends
Equinox Gold (EQX) has reported Asset Utilization Ratio for 6 consecutive years, with 0.14 the latest figure, recorded in Q3 2025.
- In Q3 2025, Asset Utilization Ratio rose 4.38% year-over-year to 0.14; the TTM figure through Sep 2025 stood at 0.14 (up 4.38% YoY), while the FY2025 annual figure was 0.15, up 25.13% from the prior year.
- Asset Utilization Ratio came in at 0.14 for Q3 2025 at Equinox Gold, down from 0.16 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.25 in Q4 2022, with the low at 0.01 in Q1 2022.
- Average Asset Utilization Ratio over 5 years is 0.19, with a median of 0.22 recorded in 2021.
- Across the five-year window, Asset Utilization Ratio jumped 2235.0% in 2023 and plunged 33.73% in 2024, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.22 in 2021, then increased by 16.96% to 0.25 in 2022, then decreased by 19.69% to 0.2 in 2023, then slumped by 33.73% to 0.13 in 2024, then rose by 4.38% to 0.14 in 2025.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.14, 0.16, and 0.13 for Q3 2025, Q2 2025, and Q3 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 0.26 |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | 0.66 |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 0.43 |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | - |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | - |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | 0.09 |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 0.25 |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 0.63 |
| 10 | Equinox Gold | 7.68 Bn | 8.27 Bn | 319.98 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 0.14 |
| Jun 30, 2025 | 0.16 |
| Sep 30, 2024 | 0.13 |
| Jun 30, 2024 | 0.15 |
| Sep 30, 2023 | 0.20 |
| Jun 30, 2023 | 0.22 |
| Mar 31, 2023 | 0.23 |
| Dec 31, 2022 | 0.25 |
| Sep 30, 2022 | 0.24 |
| Jun 30, 2022 | 0.23 |
| Mar 31, 2022 | 0.01 |
| Sep 30, 2021 | 0.22 |
| Jun 30, 2021 | 0.24 |
| Sep 30, 2020 | 0.19 |
| Jun 30, 2020 | 0.15 |