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| Date | Value |
|---|---|
| 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 |