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
DateValue
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