Equinox Gold Net Debt Growth & History (EQX)
Equinox Gold's net debt was $1.22B for fiscal 2025.
View full Equinox Gold company overviewEquinox Gold annual net debt history
2018
2019
2020
2021
2022
2023
2024
2025
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.22B | $34.8M | +2.92% |
| 2024 | 2024-12-31 | $1.19B | $409.2M | +52.48% |
| 2023 | 2023-12-31 | $779.7M | $117.0M | +17.65% |
| 2022 | 2022-12-31 | $662.8M | $387.0M | +140.38% |
| 2021 | 2021-12-31 | $275.7M | $56.5M | +25.78% |
| 2020 | 2020-12-31 | $219.2M | $21.5M | +10.88% |
| 2019 | 2019-12-31 | $197.7M | $43.9M | +28.58% |
| 2018 | 2018-12-31 | $153.7M | — | — |
Equinox Gold quarterly net debt
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $265.2M | −$1.11B | −80.69% |
| Q1 2026 | 2026-03-31 | $251.8M | — | — |
| Q4 2025 | 2025-12-31 | $1.22B | $34.8M | +2.92% |
| Q3 2025 | 2025-09-30 | $1.28B | — | — |
| Q2 2025 | 2025-06-30 | $1.37B | — | — |
| Q4 2024 | 2024-12-31 | $1.19B | $409.2M | +52.48% |
| Q4 2023 | 2023-12-31 | $779.7M | $117.0M | +17.65% |
| Q4 2022 | 2022-12-31 | $662.8M | $387.0M | +140.38% |
| Q4 2021 | 2021-12-31 | $275.7M | $56.5M | +25.78% |
| Q4 2020 | 2020-12-31 | $219.2M | $21.5M | +10.88% |
| Q4 2019 | 2019-12-31 | $197.7M | — | — |
Equinox Gold net debt trends
Over the last five fiscal years, Equinox Gold's net debt increased from $219.2M to $1.22B, a change of $1.00B. The latest reported quarter, Q2 2026, shows $265.2M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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