Equinox Gold (EQX) Debt Ratio (2018 - 2026)
Equinox Gold (EQX) recorded quarterly Debt Ratio of 0.03 in Q1 2026, down 81.11% quarter-over-quarter from 0.15 in Q3 2025.
Equinox Gold (EQX) Debt Ratio (2018 - 2026) Analysis & Trends
Equinox Gold's Debt Ratio history runs 8 years deep, the most recent figure standing at 0.03 for Q1 2026.
- In Q1 2026, Debt Ratio changed N/A year-over-year to 0.03; the TTM figure through Mar 2026 stood at 0.03 (changed N/A YoY), while the FY2025 annual figure was 0.09, down 33.19% from the prior year.
- Debt Ratio was 0.03 for Q1 2026 at Equinox Gold, down from 0.15 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.25 in Q3 2023 to a low of 0.03 in Q1 2026.
- Historically, Debt Ratio has averaged 0.18 across 5 years, with a median of 0.21 in 2023.
- The sharpest annual moves came in 2023 and 2025: Debt Ratio surged 57.48% in 2023, then plunged 33.71% in 2025.
- A 5-year view of Debt Ratio shows it stood at 0.16 in 2022, then soared by 57.48% to 0.25 in 2023, then decreased by 8.21% to 0.23 in 2024, then slumped by 33.71% to 0.15 in 2025, then plunged by 81.11% to 0.03 in 2026.
- The last three Debt Ratio figures came in at 0.03 (Q1 2026), 0.15 (Q3 2025), and 0.18 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (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 | 0.09 |
| 3 | Wheaton Precious Metals | 429.35 Bn | 428.20 Bn | 699.37 Mn | - |
| 4 | Alamos Gold | 144.86 Bn | 144.19 Bn | 442.20 Mn | 0.06 |
| 5 | Gold Fields | 136.49 Bn | 134.71 Bn | - | - |
| 6 | Kinross Gold | 110.14 Bn | 107.96 Bn | 1.44 Bn | 0.06 |
| 7 | Newmont | 106.92 Bn | 98.31 Bn | 7.29 Bn | 0.09 |
| 8 | Equinox Gold | 51.34 Bn | 50.84 Bn | - | 0.03 |
| 9 | AngloGold Ashanti | 47.89 Bn | 44.92 Bn | 1.94 Bn | 0.13 |
| 10 | Aura Minerals | 47.46 Bn | 47.17 Bn | 19.58 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.03 |
| Sep 30, 2025 | 0.15 |
| Jun 30, 2025 | 0.18 |
| Sep 30, 2024 | 0.23 |
| Jun 30, 2024 | 0.22 |
| Mar 31, 2024 | 0.22 |
| Sep 30, 2023 | 0.25 |
| Jun 30, 2023 | 0.21 |
| Mar 31, 2023 | 0.21 |
| Sep 30, 2022 | 0.16 |
| Jun 30, 2022 | 0.17 |
| Dec 31, 2021 | -0.19 |
| Mar 31, 2021 | 0.20 |
| Sep 30, 2020 | 0.21 |
| Jun 30, 2020 | 0.04 |
| Dec 31, 2018 | 0.23 |