Equinox Financial Statements From 2010 to 2024

EQX Stock  CAD 7.67  0.05  0.65%   
Equinox Gold financial statements provide useful quarterly and yearly information to potential Equinox Gold Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Equinox Gold financial statements helps investors assess Equinox Gold's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Equinox Gold's valuation are summarized below:
Gross Profit
262.7 M
Profit Margin
0.1983
Market Capitalization
3.5 B
Enterprise Value Revenue
3.097
Revenue
1.2 B
We have found one hundred twenty available fundamental signals for Equinox Gold Corp, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to verify Equinox Gold's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 26th of November 2024, Market Cap is likely to grow to about 1.6 B. Also, Enterprise Value is likely to grow to about 2.4 B

Equinox Gold Total Revenue

590.37 Million

Check Equinox Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Equinox Gold's main balance sheet or income statement drivers, such as Interest Expense of 63.2 M, Selling General Administrative of 47.4 M or Other Operating Expenses of 1.1 B, as well as many indicators such as Price To Sales Ratio of 1.34, Dividend Yield of 0.0 or PTB Ratio of 0.6. Equinox financial statements analysis is a perfect complement when working with Equinox Gold Valuation or Volatility modules.
  
This module can also supplement various Equinox Gold Technical models . Check out the analysis of Equinox Gold Correlation against competitors.

Equinox Gold Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets4.6 B4.4 B1.4 B
Slightly volatile
Total Current Liabilities503.6 M479.6 M143.4 M
Slightly volatile
Total Stockholder Equity2.6 B2.4 B843.2 M
Slightly volatile
Accounts Payable118.4 M112.8 M44.4 M
Slightly volatile
Cash201.6 M192 M99.8 M
Slightly volatile
Cash And Short Term Investments298.9 M284.7 M131.4 M
Slightly volatile
Common Stock Shares Outstanding332.1 M316.3 M134.1 M
Slightly volatile
Liabilities And Stockholders Equity4.6 B4.4 B1.4 B
Slightly volatile
Non Current Liabilities Total1.5 B1.4 B452 M
Slightly volatile
Total LiabilitiesB1.9 B595.4 M
Slightly volatile
Total Current Assets875.7 M834 M307.1 M
Slightly volatile
Net Receivables86.4 M82.3 M27.9 M
Slightly volatile
Other Current Liabilities198.1 M188.6 M58.3 M
Slightly volatile
Non Current Assets Total3.7 B3.5 B1.1 B
Slightly volatile
Non Currrent Assets Other275 M261.9 M85.4 M
Slightly volatile
Other Assets253.5 M241.5 M91 M
Slightly volatile
Common Stock Total Equity1.8 B1.7 B642.8 M
Slightly volatile
Common Stock2.2 B2.1 B756.3 M
Slightly volatile
Property Plant And Equipment Net3.4 B3.2 BB
Slightly volatile
Property Plant And Equipment Gross4.2 BB1.2 B
Slightly volatile
Short and Long Term Debt Total992.6 M945.4 M306.8 M
Slightly volatile
Net Tangible Assets2.8 B2.7 B874.6 M
Slightly volatile
Short Term Investments46.5 M92.7 M28.6 M
Slightly volatile
Property Plant Equipment3.4 B3.3 BB
Slightly volatile
Other Liabilities238.1 M438.1 M154.5 M
Slightly volatile
Long Term Investments46.2 M29.3 M25.6 M
Slightly volatile
Cash And Equivalents171 M230.9 M115.6 M
Slightly volatile
Long Term Debt479.8 M786.4 M248.9 M
Slightly volatile
Deferred Long Term Liabilities2.7 M1.6 M4.8 M
Slightly volatile
Net Invested Capital2.1 B3.4 B1.2 B
Slightly volatile
Short and Long Term Debt167.4 M159.4 M49.3 M
Slightly volatile
Non Current Liabilities Other23.1 M40.3 M14.7 M
Slightly volatile
Net Working Capital318.1 M354.4 M182.2 M
Slightly volatile
Capital Stock1.6 B2.1 B943.8 M
Slightly volatile
Capital Lease Obligations19.6 M20.4 M12.7 M
Slightly volatile

Equinox Gold Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative47.4 M45.2 M18.7 M
Slightly volatile
Other Operating Expenses1.1 BB334.5 M
Slightly volatile
Total Operating Expenses60.8 M57.9 M26.3 M
Slightly volatile
Selling And Marketing Expenses46.2 K48.6 K128.5 K
Slightly volatile
Cost Of RevenueB980.6 M308.2 M
Slightly volatile
Interest Income18.8 M11.7 M10.5 M
Slightly volatile
Total Revenue590.4 M1.1 B326 M
Slightly volatile
Reconciled Depreciation126.6 M216.1 M62.6 M
Slightly volatile

Equinox Gold Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow210.8 M200.8 M87.6 M
Slightly volatile
End Period Cash Flow201.6 M192 M100.1 M
Slightly volatile
Stock Based Compensation12.2 M11.6 M3.9 M
Slightly volatile
Issuance Of Capital Stock34.3 M23.6 M65.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.341.4055167
Slightly volatile
PTB Ratio0.60.6294198
Slightly volatile
Days Sales Outstanding26.2327.6073548
Slightly volatile
Book Value Per Share8.27.80924.7
Slightly volatile
Invested Capital77.4 K87 K94.8 K
Slightly volatile
Average Payables99.5 K144.2 K140.8 K
Slightly volatile
Stock Based Compensation To Revenue0.00410.00430.102
Slightly volatile
PB Ratio0.60.6294198
Slightly volatile
EV To Sales1.992.0978149
Slightly volatile
Payables Turnover9.128.68353.4811
Slightly volatile
Sales General And Administrative To Revenue0.03940.04150.5971
Slightly volatile
Capex To Revenue0.480.48090.2881
Slightly volatile
Cash Per Share1.780.91011.3519
Very volatile
Days Payables Outstanding39.9342.034K
Slightly volatile
Net Current Asset Value77.4 K87 K94.8 K
Slightly volatile
Tangible Asset Value77.4 K87 K94.8 K
Slightly volatile
Intangibles To Total Assets0.00530.00560.123
Slightly volatile
Current Ratio1.651.738910.4392
Slightly volatile
Tangible Book Value Per Share8.27.80924.6248
Slightly volatile
Receivables Turnover23.4513.221117.3314
Slightly volatile
Graham Number5.774.01796.4572
Pretty Stable
Shareholders Equity Per Share8.167.76934.6659
Slightly volatile
Debt To Equity0.470.38070.4091
Slightly volatile
Capex Per Share1.761.67310.6398
Slightly volatile
Average Receivables120126139
Slightly volatile
Revenue Per Share1.783.47931.3051
Slightly volatile
Debt To Assets0.310.21260.3029
Slightly volatile
Operating Cycle172181741
Slightly volatile
Price Book Value Ratio0.60.6294198
Slightly volatile
Days Of Payables Outstanding39.9342.034K
Slightly volatile
Company Equity Multiplier1.091.79031.3934
Slightly volatile
Long Term Debt To Capitalization0.180.24450.1553
Slightly volatile
Total Debt To Capitalization0.320.27570.2644
Pretty Stable
Debt Equity Ratio0.470.38070.4091
Slightly volatile
Quick Ratio0.840.879810.1032
Slightly volatile
Net Income Per E B T2.051.95591.2138
Slightly volatile
Cash Ratio0.380.40039.4896
Slightly volatile
Cash Conversion Cycle132139628
Slightly volatile
Days Of Sales Outstanding26.2327.6073548
Slightly volatile
Price To Book Ratio0.60.6294198
Slightly volatile
Fixed Asset Turnover0.220.33740.1856
Slightly volatile
Debt Ratio0.310.21260.3029
Slightly volatile
Price Sales Ratio1.341.4055167
Slightly volatile
Asset Turnover0.150.25010.1151
Slightly volatile
Price Fair Value0.60.6294198
Slightly volatile

Equinox Gold Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.6 B1.5 B741.5 M
Slightly volatile
Working Capital77.4 K87 K94.8 K
Slightly volatile
Enterprise Value2.4 B2.3 B936.8 M
Slightly volatile

Equinox Fundamental Market Drivers

Forward Price Earnings5.3191
Cash And Short Term Investments284.7 M

About Equinox Gold Financial Statements

Equinox Gold investors utilize fundamental indicators, such as revenue or net income, to predict how Equinox Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue39.6 M20.1 M
Cost Of Revenue980.6 MB
Total Revenue1.1 B590.4 M
Sales General And Administrative To Revenue 0.04  0.04 
Capex To Revenue 0.48  0.48 
Revenue Per Share 3.48  1.78 
Ebit Per Revenue 0.05  0.05 

Pair Trading with Equinox Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Equinox Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Equinox Gold will appreciate offsetting losses from the drop in the long position's value.

Moving against Equinox Stock

  0.4BRK Berkshire Hathaway CDRPairCorr
The ability to find closely correlated positions to Equinox Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equinox Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Equinox Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Equinox Gold Corp to buy it.
The correlation of Equinox Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Equinox Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equinox Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Equinox Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Equinox Gold Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Equinox Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Equinox Gold Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Equinox Gold Corp Stock:
Check out the analysis of Equinox Gold Correlation against competitors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Please note, there is a significant difference between Equinox Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinox Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinox Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.