Fortuna Mining (FSM) Equity Ratio (2010 - 2025)
Fortuna Mining (FSM) reported Equity Ratio of 0.74 for Q4 2025, up 6.08% on a YoY basis from 0.69 in Q4 2024, and up 6.08% quarter-over-quarter from 0.69 in Q4 2024.
Fortuna Mining (FSM) Equity Ratio (2010 - 2025) Analysis & Trends
Fortuna Mining has reported Equity Ratio for 12 years, with the latest figure at 0.74 in Q4 2025.
- For the quarter ending Q4 2025, Equity Ratio rose 6.08% year-over-year to 0.74; the trailing twelve-month figure through Dec 2025 stood at 0.74 (up 6.08% YoY), and the FY2025 full-year result was 0.74, up 6.08% from the prior year.
- Equity Ratio for Q4 2025 stood at 0.74, up from 0.69 in the prior quarter.
- The five-year high for Equity Ratio was 145.62 in Q3 2021, with the low at 0.06 in Q3 2024.
- Historically, Equity Ratio has averaged 36.49 across 5 years, with a median of 0.7 in 2021.
- Annual changes were most pronounced in 2023 — Equity Ratio decreased 4.7% — and 2025, when it increased 6.08%.
- Fortuna Mining's Equity Ratio stood at 0.71 in 2021, then fell by 2.85% to 0.69 in 2022, then fell by 4.7% to 0.65 in 2023, then gained by 5.87% to 0.69 in 2024, then grew by 6.08% to 0.74 in 2025.
- The last three Equity Ratio figures came in at 0.74 (Q4 2025), 0.69 (Q4 2024), and 0.06 (Q3 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | 0.67 |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 0.70 |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | 0.94 |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | - |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | 0.71 |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 0.61 |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | - |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | - |
| 10 | Fortuna Mining | 2.48 Mn | -578.43 Mn | 211.84 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.74 |
| Dec 31, 2024 | 0.69 |
| Sep 30, 2024 | 0.06 |
| Dec 31, 2023 | 0.65 |
| Dec 31, 2022 | 0.69 |
| Sep 30, 2022 | 142.76 |
| Dec 31, 2021 | 0.71 |
| Sep 30, 2021 | 145.62 |
| Dec 31, 2020 | 0.69 |
| Dec 31, 2019 | 0.68 |
| Dec 31, 2018 | 0.77 |
| Dec 31, 2017 | 0.80 |
| Dec 31, 2015 | 0.70 |
| Sep 30, 2011 | 0.14 |
| Dec 31, 2010 | 0.05 |