Harmony Gold Mining (HGMCF) Equity Ratio (2017 - 2025)

Harmony Gold Mining's (HGMCF) quarterly Equity Ratio came in at 0.62 in Q2 2025, down 7.72% year-on-year from 0.67 in Q2 2024, and down 7.72% quarter-over-quarter from 0.67 in Q2 2024.

Harmony Gold Mining (HGMCF) Equity Ratio (2017 - 2025) Analysis & Trends

Harmony Gold Mining has disclosed Equity Ratio across 9 years of filings, most recently posting 0.62 for Q2 2025.

  • Equity Ratio for Q2 2025 came in at 0.62, down 7.72% year-over-year; the trailing twelve-month figure through Jun 2025 was 0.19 (down 17.31% YoY), and the FY2025 annual result was 0.62, down 7.72% from the prior year.
  • Equity Ratio came in at 0.62 for Q2 2025 at Harmony Gold Mining, down from 0.67 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.67 in Q2 2024 to a low of 0.21 in Q2 2022.
  • The 5-year median for Equity Ratio is 0.61 (2023), against an average of 0.37.
  • Across the five-year window, Equity Ratio tumbled 257.05% in 2022 and soared 394.87% in 2023, its largest moves.
  • Harmony Gold Mining's Equity Ratio stood at 0.13 in 2021, then sank by 257.05% to 0.21 in 2022, then jumped by 394.87% to 0.61 in 2023, then advanced by 11.06% to 0.67 in 2024, then dropped by 7.72% to 0.62 in 2025.
  • The last three Equity Ratio figures came in at 0.62 (Q2 2025), 0.67 (Q2 2024), and 0.61 (Q2 2023), 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 Harmony Gold Mining - - - 0.62

Historic Data

Download Data
DateValue
Jun 30, 2025 0.62
Jun 30, 2024 0.67
Jun 30, 2023 0.61
Jun 30, 2022 -0.21
Jun 30, 2021 0.13
Jun 30, 2020 0.74
Jun 30, 2019 0.80
Jun 30, 2018 -0.23
Jun 30, 2017 0.72