Equinox Gold (EQX) Other Working Capital Changes (2018 - 2025)

Equinox Gold (EQX) recorded quarterly Other Working Capital Changes of -$773.7 million in Q4 2025, down 109.26% quarter-over-quarter from $8.4 billion in Q3 2025, and up 43.82% on a YoY basis from -$538.0 million in Q4 2024.

Equinox Gold (EQX) Other Working Capital Changes (2018 - 2025) Analysis & Trends

Equinox Gold's Other Working Capital Changes history runs 7 years deep, the most recent figure standing at -$773.7 million for Q4 2025.

  • In Q4 2025, Other Working Capital Changes rose 43.82% year-over-year to -$773.7 million; the TTM figure through Dec 2025 stood at $12.7 billion (up 188.23% YoY), while the FY2025 annual figure was $12.8 billion, up 253.91% from the prior year.
  • Other Working Capital Changes was -$773.7 million for Q4 2025 at Equinox Gold, down from $8.4 billion in the prior quarter.
  • In the past five years, Other Working Capital Changes ranged from a high of $8.4 billion in Q3 2025 to a low of -$14.1 billion in Q2 2024.
  • Historically, Other Working Capital Changes has averaged $139.4 million across 5 years, with a median of $1.4 million in 2021.
  • The sharpest annual moves came in 2023 and 2025: Other Working Capital Changes sank 60584.5% in 2023, then surged 98952.91% in 2025.
  • A 5-year view of Other Working Capital Changes shows it stood at -$5.6 million in 2021, then slumped by 65.07% to -$9.2 million in 2022, then surged by 212.17% to $10.3 million in 2023, then sank by 13411.04% to -$1.4 billion in 2024, then jumped by 43.82% to -$773.7 million in 2025.
  • The last three Other Working Capital Changes figures came in at -$773.7 million (Q4 2025), $8.4 billion (Q3 2025), and -$97.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
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
5 Gold Fields 136.49 Bn 134.71 Bn -
6 Kinross Gold 110.14 Bn 107.96 Bn 1.44 Bn
7 Newmont 106.92 Bn 98.31 Bn 7.29 Bn
8 Equinox Gold 51.34 Bn 50.84 Bn -
9 AngloGold Ashanti 47.89 Bn 44.92 Bn 1.94 Bn
10 Aura Minerals 47.46 Bn 47.17 Bn 19.58 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -773.74 Mn
Dec 31, 2025 -773.74 Mn
Sep 30, 2025 8.35 Bn
Sep 30, 2025 8.35 Bn
Jun 30, 2025 -97.43 Mn
Jun 30, 2025 -97.43 Mn
Mar 31, 2025 5.23 Bn
Mar 31, 2025 5.23 Bn
Dec 31, 2024 -1.38 Bn
Dec 31, 2024 -1.38 Bn
Sep 30, 2024 8.43 Mn
Sep 30, 2024 8.43 Mn
Jun 30, 2024 -14.06 Bn
Jun 30, 2024 -14.06 Bn
Mar 31, 2024 1.02 Bn
Mar 31, 2024 1.02 Bn
Sep 30, 2023 10.35 Mn
Sep 30, 2023 10.35 Mn
Jun 30, 2023 -5.60 Bn
Jun 30, 2023 -5.60 Bn