Equinox Gold (EQX) Debt Ratio (2018 - 2025)
Equinox Gold (EQX) posted quarterly Debt Ratio of 0.15 for Q3 2025, down 40.05% year-over-year from 0.26 in Q3 2024, and down 13.33% quarter-over-quarter from 0.18 in Q2 2025.
Equinox Gold (EQX) Debt Ratio (2018 - 2025) Analysis & Trends
Equinox Gold's Debt Ratio history runs 6 years deep, the most recent figure standing at 0.15 for Q3 2025.
- In Q3 2025, Debt Ratio fell 40.05% year-over-year to 0.15; the TTM figure through Sep 2025 stood at 0.15 (down 40.05% YoY), while the FY2025 annual figure was 0.12, down 26.92% from the prior year.
- Debt Ratio for Q3 2025 stood at 0.15, down from 0.18 in the prior quarter.
- The five-year high for Debt Ratio was 0.26 in Q3 2024, with the low at 0.14 in Q1 2022.
- The 4-year median for Debt Ratio is 0.21 (2022), against an average of 0.2.
- The sharpest annual moves came in 2023 and 2025: Debt Ratio climbed 28.47% in 2023, then tumbled 40.05% in 2025.
- Equinox Gold's Debt Ratio stood at 0.21 in 2022, then grew by 17.87% to 0.25 in 2023, then advanced by 1.48% to 0.26 in 2024, then sank by 40.05% to 0.15 in 2025.
- Business Quant data shows EQX's Debt Ratio at 0.15 in Q3 2025, 0.18 in Q2 2025, and 0.23 in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 136.03 Bn | 127.02 Bn | 4.03 Bn | 0.09 |
| 2 | Agnico Eagle Mines | 106.09 Bn | 102.63 Bn | 2.43 Bn | 0.01 |
| 3 | Barrick Mining | 77.15 Bn | 71.23 Bn | 2.90 Bn | 0.09 |
| 4 | Wheaton Precious Metals | 68.18 Bn | 68.08 Bn | 687.86 Mn | - |
| 5 | AngloGold Ashanti | 58.68 Bn | 55.85 Bn | 1.70 Bn | 0.10 |
| 6 | Gold Fields | 40.68 Bn | 38.90 Bn | - | 0.18 |
| 7 | Pan American Silver | 21.86 Bn | 20.29 Bn | 457,000.00 | 0.07 |
| 8 | Coeur Mining | 21.72 Bn | 20.67 Bn | 535.85 Mn | 0.05 |
| 9 | Royal Gold | 21.39 Bn | 21.20 Bn | 390.45 Mn | 0.04 |
| 10 | Equinox Gold | 10.18 Bn | -317,789.98 Bn | 301.70 | 0.12 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 0.15 |
| Jun 30, 2025 | 0.18 |
| Mar 31, 2025 | 0.23 |
| Sep 30, 2024 | 0.26 |
| Jun 30, 2024 | 0.22 |
| Mar 31, 2024 | 0.22 |
| Sep 30, 2023 | 0.25 |
| Dec 31, 2022 | 0.21 |
| Sep 30, 2022 | 0.20 |
| Jun 30, 2022 | 0.17 |
| Mar 31, 2022 | 0.14 |
| Sep 30, 2020 | 0.21 |
| Jun 30, 2020 | 0.26 |
| Dec 31, 2018 | 0.23 |