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
DateValue
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