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