Equinox Gold (EQX) Debt Ratio (2018 - 2026)
Equinox Gold (EQX) posted Debt Ratio of 0.06 for Q2 2026, down 84.89% on a QoQ basis from 0.41 in Q1 2026, and down 69.41% year-over-year from 0.2 in Q2 2025.
Analysis
Equinox Gold (EQX) Debt Ratio (2018 - 2026) Analysis & Trends
Equinox Gold has reported Debt Ratio for 9 years, with the latest figure at 0.06 in Q2 2026.
- On a quarterly basis, Debt Ratio fell 69.41% year-over-year to 0.06 in Q2 2026; TTM through Jun 2026 was 0.06, a 69.41% decrease from a year earlier, with the FY2025 full-year figure at 0.15, down 26.81% from the prior year.
- Debt Ratio was 0.06 for Q2 2026 at Equinox Gold, down from 0.41 in the prior quarter.
- The five-year high for Debt Ratio was 0.41 in Q1 2026, with the low at 0.06 in Q2 2026.
- Average Debt Ratio over 5 years is 0.21, with a median of 0.21 recorded in 2023.
- The largest YoY upside for Debt Ratio was 74.77% in 2026 against a maximum downside of 69.41% in 2026.
- Over 5 years, Debt Ratio stood at 0.22 in 2022, then fell by 0.84% to 0.22 in 2023, then decreased by 3.49% to 0.21 in 2024, then declined by 26.81% to 0.15 in 2025, then tumbled by 58.83% to 0.06 in 2026.
- The last three Debt Ratio figures came in at 0.06 (Q2 2026), 0.41 (Q1 2026), and 0.15 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 134.87 Bn | 126.03 Bn | 4.03 Bn | 0.09 |
| 2 | Barrick Mining | 76.06 Bn | 70.13 Bn | 2.90 Bn | 0.00 |
| 3 | AngloGold Ashanti | 55.29 Bn | 52.34 Bn | 1.70 Bn | 0.10 |
| 4 | Alamos Gold | 15.55 Bn | 14.87 Bn | 587.30 Mn | 0.05 |
| 5 | Iamgold | 11.83 Bn | 11.33 Bn | 415.10 Mn | 0.30 |
| 6 | Eldorado Gold | 9.03 Bn | 8.47 Bn | 302.67 Mn | - |
| 7 | Buenaventura Mining | 8.95 Bn | 7.99 Bn | - | 0.08 |
| 8 | Equinox Gold | 8.08 Bn | 8.24 Bn | 428.20 Mn | 0.06 |
| 9 | B2Gold | 7.32 Bn | 7.32 Bn | 308.29 Mn | 0.10 |
| 10 | Centerra Gold | 6.52 Bn | 6.06 Bn | 433.81 Mn | 0.01 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.06 |
| Mar 31, 2026 | 0.41 |
| Dec 31, 2025 | 0.15 |
| Sep 30, 2025 | 0.18 |
| Jun 30, 2025 | 0.20 |
| Mar 31, 2025 | 0.24 |
| Dec 31, 2024 | 0.21 |
| Sep 30, 2024 | 0.26 |
| Jun 30, 2024 | 0.23 |
| Mar 31, 2024 | 0.22 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | 0.25 |
| Jun 30, 2023 | 0.21 |
| Mar 31, 2023 | 0.21 |
| Dec 31, 2022 | 0.22 |
| Sep 30, 2022 | 0.20 |
| Jun 30, 2022 | 0.17 |
| Mar 31, 2022 | 0.15 |
| Dec 31, 2021 | 0.16 |
| Sep 30, 2021 | 0.17 |