Equinox Gold (EQX) Debt Ratio (2018 - 2025)

Equinox Gold (EQX) posted quarterly Debt Ratio of 0.15 for Q3 2025, down 13.33% on a QoQ basis from 0.18 in Q2 2025.

Equinox Gold (EQX) Debt Ratio (2018 - 2025) Analysis & Trends

Equinox Gold (EQX) has reported Debt Ratio for 7 consecutive years, with 0.15 the latest figure, recorded in Q3 2025.

  • In Q3 2025, Debt Ratio changed N/A year-over-year to 0.15; the TTM figure through Sep 2025 stood at 0.15 (changed N/A YoY), while the FY2025 annual figure was 0.09, down 33.32% from the prior year.
  • Debt Ratio came in at 0.15 for Q3 2025 at Equinox Gold, down from 0.18 in the prior quarter.
  • The five-year high for Debt Ratio was 0.25 in Q3 2023, with the low at 0.19 in Q4 2021.
  • Average Debt Ratio over 5 years is 0.16, with a median of 0.18 recorded in 2025.
  • Across the five-year window, Debt Ratio soared 211.44% in 2022 and fell 17.93% in 2025, its largest moves.
  • Year by year, Debt Ratio stood at 0.19 in 2021, then jumped by 211.44% to 0.21 in 2022, then advanced by 17.87% to 0.25 in 2023, then dropped by 14.46% to 0.22 in 2024, then fell by 28.87% to 0.15 in 2025.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.15, 0.18, and 0.22 for Q3 2025, Q2 2025, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 0.09
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn 0.01
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 0.09
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 0.00
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn -
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn -
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 0.06
10 Equinox Gold 7.68 Bn 8.27 Bn 319.98 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2025 0.15
Jun 30, 2025 0.18
Sep 30, 2024 0.23
Mar 31, 2024 0.25
Sep 30, 2023 0.25
Jun 30, 2023 0.21
Dec 31, 2022 0.21
Sep 30, 2022 0.16
Jun 30, 2022 0.17
Mar 31, 2022 0.14
Dec 31, 2021 -0.19
Sep 30, 2020 0.22
Jun 30, 2020 0.31
Dec 31, 2018 0.23