Northern Minerals & Exploration (NMEX) Debt Ratio (2010 - 2026)
Northern Minerals & Exploration's (NMEX) quarterly Debt Ratio came in at 0.18 in Q1 2026, down 95.19% year-on-year from 3.64 in Q1 2025, and down 22.19% quarter-over-quarter from 0.23 in Q4 2025.
Northern Minerals & Exploration (NMEX) Debt Ratio (2010 - 2026) Analysis & Trends
Northern Minerals & Exploration has disclosed Debt Ratio across 17 years of filings, most recently posting 0.18 for Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.18, down 95.19% year-over-year; the trailing twelve-month figure through Jan 2026 was 0.18 (down 95.19% YoY), and the FY2025 annual result was 0.24, down 92.67% from the prior year.
- Debt Ratio came in at 0.18 for Q1 2026 at Northern Minerals & Exploration, down from 0.23 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 40.38 in Q4 2023 to a low of 0.18 in Q1 2026.
- The 5-year median for Debt Ratio is 3.79 (2023), against an average of 10.3.
- Across the five-year window, Debt Ratio soared 506.14% in 2023 and sank 97.21% in 2025, its largest moves.
- Northern Minerals & Exploration's Debt Ratio stood at 28.31 in 2022, then jumped by 42.66% to 40.38 in 2023, then slumped by 80.02% to 8.07 in 2024, then tumbled by 97.21% to 0.23 in 2025, then declined by 22.19% to 0.18 in 2026.
- The last three Debt Ratio figures came in at 0.18 (Q1 2026), 0.23 (Q4 2025), and 0.24 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Triple Flag Precious Metals | 37.84 Bn | 37.77 Bn | 77.21 Mn | - |
| 2 | Buenaventura Mining | 10.77 Bn | 10.77 Bn | - | 0.12 |
| 3 | Hecla Mining | 9.72 Bn | 9.11 Bn | 253.26 Mn | 0.08 |
| 4 | Perpetua Resources | 2.83 Bn | 2.83 Bn | - | - |
| 5 | Versamet Royalties | 2.41 Bn | 2.40 Bn | - | 0.34 |
| 6 | Metalla Royalty & Streaming | 2.10 Bn | 2.09 Bn | 2.79 Mn | 0.04 |
| 7 | Sibanye Stillwater | 1.84 Bn | 838.91 Mn | - | - |
| 8 | Avino Silver & Gold Mines | 1.57 Bn | 1.43 Bn | - | 0.00 |
| 9 | Solaris Resources | 1.41 Bn | 1.39 Bn | - | - |
| 10 | Northern Minerals & Exploration | - | - | 1,891.00 | 0.18 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 0.18 |
| Oct 31, 2025 | 0.23 |
| Jul 31, 2025 | 0.24 |
| Apr 30, 2025 | 0.45 |
| Jan 31, 2025 | 3.64 |
| Oct 31, 2024 | 8.07 |
| Jul 31, 2024 | 3.24 |
| Apr 30, 2024 | 2.03 |
| Jan 31, 2024 | 8.22 |
| Oct 31, 2023 | 40.38 |
| Jul 31, 2023 | 37.10 |
| Apr 30, 2023 | 12.56 |
| Jan 31, 2023 | 3.79 |
| Oct 31, 2022 | 28.31 |
| Jul 31, 2022 | 6.12 |
| Oct 31, 2021 | 5.00 |
| Jul 31, 2021 | 25.85 |
| Apr 30, 2021 | 2.48 |
| Jan 31, 2021 | 1.68 |
| Oct 31, 2020 | 1.95 |