Equinox Gold (EQX) Asset Utilization Ratio (2020 - 2025)
Equinox Gold (EQX) recorded quarterly Asset Utilization Ratio of 0.11 in Q3 2025, up 3.23% quarter-over-quarter from 0.1 in Q2 2025, and up 14.18% on a YoY basis from 0.09 in Q3 2024.
Equinox Gold (EQX) Asset Utilization Ratio (2020 - 2025) Analysis & Trends
Equinox Gold's Asset Utilization Ratio history runs 6 years deep, the most recent figure standing at 0.11 for Q3 2025.
- In Q3 2025, Asset Utilization Ratio rose 14.18% year-over-year to 0.11; the TTM figure through Sep 2025 stood at 0.11 (up 14.18% YoY), while the FY2025 annual figure was 0.21, up 27.69% from the prior year.
- Asset Utilization Ratio was 0.11 for Q3 2025 at Equinox Gold, up from 0.1 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.23 in Q2 2021 to a low of 0.01 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 0.16 across 5 years, with a median of 0.19 in 2023.
- The sharpest annual moves came in 2021 and 2024: Asset Utilization Ratio surged 53.27% in 2021, then slumped 50.41% in 2024.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.22 in 2021, then grew by 4.03% to 0.23 in 2022, then decreased by 17.19% to 0.19 in 2023, then plunged by 50.41% to 0.09 in 2024, then advanced by 14.18% to 0.11 in 2025.
- The last three Asset Utilization Ratio figures came in at 0.11 (Q3 2025), 0.1 (Q2 2025), and 0.09 (Q3 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | - |
| 2 | Barrick Mining | 1,048.41 Bn | 1,051.14 Bn | 3.12 Bn | 0.26 |
| 3 | Wheaton Precious Metals | 429.35 Bn | 428.20 Bn | 699.37 Mn | 0.24 |
| 4 | Alamos Gold | 144.86 Bn | 144.19 Bn | 442.20 Mn | 0.32 |
| 5 | Gold Fields | 136.49 Bn | 134.71 Bn | - | - |
| 6 | Kinross Gold | 110.14 Bn | 107.96 Bn | 1.44 Bn | 0.63 |
| 7 | Newmont | 106.92 Bn | 98.31 Bn | 7.29 Bn | 0.43 |
| 8 | Equinox Gold | 51.34 Bn | 50.84 Bn | - | - |
| 9 | AngloGold Ashanti | 47.89 Bn | 44.92 Bn | 1.94 Bn | 0.73 |
| 10 | Aura Minerals | 47.46 Bn | 47.17 Bn | 19.58 Mn | 0.09 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 0.11 |
| Jun 30, 2025 | 0.10 |
| Sep 30, 2024 | 0.09 |
| Jun 30, 2024 | 0.12 |
| Sep 30, 2023 | 0.19 |
| Jun 30, 2023 | 0.19 |
| Sep 30, 2022 | 0.23 |
| Jun 30, 2022 | 0.23 |
| Mar 31, 2022 | 0.01 |
| Sep 30, 2021 | 0.22 |
| Jun 30, 2021 | 0.23 |
| Sep 30, 2020 | 0.19 |
| Jun 30, 2020 | 0.15 |