Lifezone Metals (LZM) Equity Ratio (2022 - 2025)

Lifezone Metals has reported Equity Ratio for 4 years, with the latest figure at 0.42 in Q4 2025.

• For the quarter ending Q4 2025, Equity Ratio fell 26.5% year-over-year to 0.42; the trailing twelve-month figure through Dec 2025 stood at 0.42 (down 26.5% YoY), and the FY2025 full-year result was 0.42, down 26.5% from the prior year.
• Equity Ratio for Q4 2025 stood at 0.42, down from 0.69 in the prior quarter.
• The five-year high for Equity Ratio was 0.83 in Q4 2023, with the low at 0.42 in Q4 2025.
• Historically, Equity Ratio has averaged 0.64 across 4 years, with a median of 0.66 in 2022.
• Annual changes were most pronounced in 2023 — Equity Ratio advanced 24.08% — and 2024, when it tumbled 31.02%.
• Lifezone Metals' Equity Ratio stood at 0.67 in 2022, then rose by 24.08% to 0.83 in 2023, then plunged by 31.02% to 0.57 in 2024, then decreased by 26.5% to 0.42 in 2025.
• The last three Equity Ratio figures came in at 0.42 (Q4 2025), 0.69 (Q2 2025), and 0.57 (Q4 2024), per Business Quant data.