Northern Dynasty Minerals (NAK) Equity Ratio (2011 - 2026)

Northern Dynasty Minerals (NAK) recorded quarterly Equity Ratio of 0.36 in Q1 2026, up 142.9% quarter-over-quarter from 0.15 in Q4 2025, and down 17.03% on a YoY basis from 0.43 in Q1 2025.

Northern Dynasty Minerals (NAK) Equity Ratio (2011 - 2026) Analysis & Trends

Northern Dynasty Minerals' Equity Ratio history runs 16 years deep, the most recent figure standing at 0.36 for Q1 2026.

  • In Q1 2026, Equity Ratio fell 17.03% year-over-year to 0.36; the TTM figure through Mar 2026 stood at 0.36 (down 17.03% YoY), while the FY2025 annual figure was 0.15, down 79.32% from the prior year.
  • Equity Ratio was 0.36 for Q1 2026 at Northern Dynasty Minerals, up from 0.15 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.98 in Q4 2022 to a low of 0.15 in Q4 2025.
  • Historically, Equity Ratio has averaged 0.74 across 5 years, with a median of 0.85 in 2024.
  • The sharpest annual moves came in 2022 and 2025: Equity Ratio advanced 3.0% in 2022, then plunged 79.32% in 2025.
  • A 5-year view of Equity Ratio shows it stood at 0.98 in 2022, then retreated by 12.77% to 0.86 in 2023, then decreased by 17.32% to 0.71 in 2024, then plunged by 79.32% to 0.15 in 2025, then jumped by 142.9% to 0.36 in 2026.
  • The last three Equity Ratio figures came in at 0.36 (Q1 2026), 0.15 (Q4 2025), and 0.47 (Q3 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 Northern Dynasty Minerals 1.04 Bn 998.45 Mn - 0.36

Historic Data

Download Data
DateValue
Mar 31, 2026 0.36
Dec 31, 2025 0.15
Sep 30, 2025 0.47
Jun 30, 2025 0.33
Mar 31, 2025 0.43
Dec 31, 2024 0.71
Sep 30, 2024 0.84
Jun 30, 2024 0.85
Mar 31, 2024 0.85
Dec 31, 2023 0.86
Sep 30, 2023 0.95
Jun 30, 2023 0.92
Mar 31, 2023 0.97
Dec 31, 2022 0.98
Sep 30, 2022 0.95
Jun 30, 2022 0.98
Mar 31, 2022 0.98
Dec 31, 2021 0.98
Sep 30, 2021 0.96
Jun 30, 2021 0.96