Northern Dynasty Minerals (NAK) Debt to Equity (2017 - 2026)

Northern Dynasty Minerals (NAK) recorded quarterly Debt to Equity of $1.26 in Q1 2026, down 59.82% quarter-over-quarter from $3.15 in Q4 2025, and up 457.13% on a YoY basis from $0.23 in Q1 2025.

Northern Dynasty Minerals (NAK) Debt to Equity (2017 - 2026) Analysis & Trends

Northern Dynasty Minerals' Debt to Equity history runs 10 years deep, the most recent figure standing at $1.26 for Q1 2026.

  • In Q1 2026, Debt to Equity rose 457.13% year-over-year to $1.26; the TTM figure through Mar 2026 stood at $1.26 (up 457.13% YoY), while the FY2025 annual figure was $3.15, up 1674.77% from the prior year.
  • Debt to Equity was $1.26 for Q1 2026 at Northern Dynasty Minerals, down from $3.15 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $3.15 in Q4 2025 to a low of $0.04 in Q3 2023.
  • Historically, Debt to Equity has averaged $0.53 across 5 years, with a median of $0.17 in 2023.
  • The sharpest annual moves came in 2022 and 2025: Debt to Equity increased 8.98% in 2022, then surged 1674.77% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $0.11 in 2022, then surged by 50.85% to $0.16 in 2023, then advanced by 11.12% to $0.18 in 2024, then soared by 1674.77% to $3.15 in 2025, then plunged by 59.82% to $1.26 in 2026.
  • The last three Debt to Equity figures came in at $1.26 (Q1 2026), $3.15 (Q4 2025), and $0.76 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - 0.18
2 Bhp 421.29 Bn 411.77 Bn - -
3 Skeena Resources 17.36 Bn 17.34 Bn - -
4 Ioneer 10.78 Bn 10.76 Bn - -
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 0.51
6 Iperionx 8.57 Bn 8.52 Bn - 0.03
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 Northern Dynasty Minerals 1.04 Bn 998.45 Mn - 1.26

Historic Data

Download Data
DateValue
Mar 31, 2026 1.26
Dec 31, 2025 3.15
Sep 30, 2025 0.76
Mar 31, 2025 0.23
Dec 31, 2024 0.18
Sep 30, 2024 0.20
Jun 30, 2024 0.11
Mar 31, 2024 0.13
Dec 31, 2023 0.16
Sep 30, 2023 0.04
Mar 31, 2023 0.08
Dec 31, 2022 0.11
Dec 31, 2021 0.10
Mar 31, 2020 0.06
Dec 31, 2019 0.01
Jun 30, 2019 0.08
Mar 31, 2019 0.14
Dec 31, 2018 0.11
Sep 30, 2018 0.21
Jun 30, 2018 0.31