Nouveau Monde Graphite Debt-to-Equity Ratio Growth & History (NMG)
Nouveau Monde Graphite's debt-to-equity ratio was 0.03 for fiscal 2025.
View full Nouveau Monde Graphite company overviewNouveau Monde Graphite annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.03 | 0.01 | +72.37% |
| 2024 | 2024-12-31 | 0.02 | −0.05 | −74.90% |
| 2023 | 2023-12-31 | 0.07 | 0.00 | +6.33% |
| 2022 | 2022-12-31 | 0.07 | 0.02 | +57.73% |
| 2021 | 2021-12-31 | 0.04 | — | — |
Nouveau Monde Graphite quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.04 | −0.11 | −73.10% |
| Q1 2026 | 2026-03-31 | 0.25 | 0.12 | +88.44% |
| Q4 2025 | 2025-12-31 | 0.03 | 0.01 | +72.37% |
| Q3 2025 | 2025-09-30 | 0.40 | — | — |
| Q2 2025 | 2025-06-30 | 0.15 | — | — |
| Q1 2025 | 2025-03-31 | 0.13 | — | — |
| Q4 2024 | 2024-12-31 | 0.02 | −0.05 | −74.90% |
| Q4 2023 | 2023-12-31 | 0.07 | 0.00 | +6.33% |
| Q4 2022 | 2022-12-31 | 0.07 | 0.02 | +57.73% |
| Q4 2021 | 2021-12-31 | 0.04 | — | — |
| Q3 2021 | 2021-09-30 | 0.02 | — | — |
| Q2 2021 | 2021-06-30 | 0.03 | — | — |
Nouveau Monde Graphite debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Nouveau Monde Graphite's debt-to-equity ratio decreased from 0.04 to 0.03, a change of −0.01. The latest reported quarter, Q2 2026, shows 0.04.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Nouveau Monde Graphite source filings ↗