Foremost Clean Energy (FMST) Equity Ratio (2022 - 2025)
Foremost Clean Energy's (FMST) quarterly Equity Ratio came in at 0.96 in Q4 2025, up 8.71% year-on-year from 0.88 in Q4 2024, and up 3.73% quarter-over-quarter from 0.92 in Q3 2025.
Foremost Clean Energy (FMST) Equity Ratio (2022 - 2025) Analysis & Trends
Foremost Clean Energy has disclosed Equity Ratio across 4 years of filings, most recently posting 0.96 for Q4 2025.
- Equity Ratio for Q4 2025 came in at 0.96, up 8.71% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.96 (up 8.71% YoY), and the FY2025 annual result was 0.88, up 10.94% from the prior year.
- Equity Ratio came in at 0.96 for Q4 2025 at Foremost Clean Energy, up from 0.92 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 0.96 in Q4 2025 to a low of 0.74 in Q3 2024.
- The 4-year median for Equity Ratio is 0.87 (2022), against an average of 0.85.
- Across the five-year window, Equity Ratio slipped 8.27% in 2023 and grew 24.13% in 2025, its largest moves.
- Foremost Clean Energy's Equity Ratio stood at 0.85 in 2022, then decreased by 8.27% to 0.78 in 2023, then increased by 12.93% to 0.88 in 2024, then climbed by 8.71% to 0.96 in 2025.
- The last three Equity Ratio figures came in at 0.96 (Q4 2025), 0.92 (Q3 2025), and 0.91 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | 0.64 |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | 0.16 |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | 0.99 |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | 0.51 |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | 0.84 |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 0.51 |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | - |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | - |
| 10 | Foremost Clean Energy | 64.08 Mn | 61.15 Mn | - | 0.96 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.96 |
| Sep 30, 2025 | 0.92 |
| Jun 30, 2025 | 0.91 |
| Mar 31, 2025 | 0.88 |
| Dec 31, 2024 | 0.88 |
| Sep 30, 2024 | 0.74 |
| Jun 30, 2024 | 0.80 |
| Mar 31, 2024 | 0.80 |
| Mar 31, 2023 | 0.78 |
| Mar 31, 2022 | 0.85 |