Nouveau Monde Graphite (NMG) Equity Ratio (2020 - 2025)

Nouveau Monde Graphite (NMG) reported Equity Ratio of 0.46 for Q4 2025, down 39.2% year-over-year from 0.75 in Q4 2024, and down 39.2% quarter-over-quarter from 0.75 in Q4 2024.

Nouveau Monde Graphite (NMG) Equity Ratio (2020 - 2025) Analysis & Trends

Nouveau Monde Graphite (NMG) has 6 years of Equity Ratio data on file, last reported at 0.46 in Q4 2025.

  • Equity Ratio for Q4 2025 came in at 0.46, down 39.2% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.46 (down 39.2% YoY), and the FY2025 annual result was 0.46, down 39.2% from the prior year.
  • Equity Ratio fell to 0.46 in Q4 2025 per NMG's latest filing, from 0.75 in the prior quarter.
  • Over five years, Equity Ratio peaked at 0.84 in Q4 2021 and troughed at 0.44 in Q4 2023.
  • A 5-year average of 0.63 and a median of 0.73 in 2021 frame the typical range for Equity Ratio.
  • The sharpest annual moves came in 2021 and 2022: Equity Ratio jumped 431.54% in 2021, then sank 42.39% in 2022.
  • A 5-year view of Equity Ratio shows it stood at 0.84 in 2021, then slumped by 42.39% to 0.48 in 2022, then dropped by 8.87% to 0.44 in 2023, then surged by 71.43% to 0.75 in 2024, then slumped by 39.2% to 0.46 in 2025.
  • Business Quant data shows NMG's Equity Ratio at 0.46 in Q4 2025, 0.75 in Q4 2024, and 0.44 in Q4 2023.

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 Nouveau Monde Graphite 33.91 -41.79 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.46
Dec 31, 2024 0.75
Dec 31, 2023 0.44
Dec 31, 2022 0.48
Dec 31, 2021 0.84
Sep 30, 2021 0.74
Jun 30, 2021 0.73
Dec 31, 2020 -0.25