New Found Gold (NFGC) Equity Ratio (2020 - 2026)

New Found Gold's (NFGC) quarterly Equity Ratio came in at 0.78 in Q1 2026, down 0.58% quarter-over-quarter from 0.78 in Q4 2025.

New Found Gold (NFGC) Equity Ratio (2020 - 2026) Analysis & Trends

New Found Gold has disclosed Equity Ratio across 7 years of filings, most recently posting 0.78 for Q1 2026.

  • Equity Ratio for Q1 2026 came in at 0.78, changed N/A year-over-year; the trailing twelve-month figure through Mar 2026 was 0.78 (changed N/A YoY), and the FY2025 annual result was 0.78, down 12.98% from the prior year.
  • Equity Ratio came in at 0.78 for Q1 2026 at New Found Gold, down from 0.78 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.9 in Q4 2024 to a low of 0.12 in Q2 2023.
  • The 5-year median for Equity Ratio is 0.77 (2023), against an average of 0.61.
  • Across the five-year window, Equity Ratio tumbled 99.69% in 2022 and rose 16.13% in 2024, its largest moves.
  • New Found Gold's Equity Ratio stood at 0.75 in 2022, then rose by 2.69% to 0.77 in 2023, then rose by 16.13% to 0.9 in 2024, then decreased by 12.98% to 0.78 in 2025, then dropped by 0.58% to 0.78 in 2026.
  • The last three Equity Ratio figures came in at 0.78 (Q1 2026), 0.78 (Q4 2025), and 0.9 (Q4 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 New Found Gold 774.15 Mn 742.48 Mn 1.05 Mn 0.78

Historic Data

Download Data
DateValue
Mar 31, 2026 0.78
Dec 31, 2025 0.78
Dec 31, 2024 0.90
Dec 31, 2023 0.77
Sep 30, 2023 0.15
Jun 30, 2023 0.12
Dec 31, 2022 0.75
Dec 31, 2021 245.31
Dec 31, 2020 0.99