Equinox Gold Corp (EQX) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.035x

Based on the latest financial reports, Equinox Gold Corp (EQX) has a cash flow conversion efficiency ratio of 0.035x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$216.52 Million ≈ $156.63 Million USD) by net assets (CA$6.13 Billion ≈ $4.43 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Equinox Gold Corp (EQX) defensive interval to measure how many days the company can operate on defensive assets alone.

Equinox Gold Corp - Cash Flow Conversion Efficiency Trend (2006–2025)

This chart illustrates how Equinox Gold Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Equinox Gold Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Equinox Gold Corp ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Lumen Technologies Inc NYSE:LUMN	0.114x
Zhejiang China Commodities City Group Co Ltd SHG:600415	0.343x
Hotai Motor Co Ltd TW:2207	0.112x
Powertech Technology Inc TW:6239	0.073x
DocuSign Inc NASDAQ:DOCU	0.197x
Knight Transportation Inc NYSE:KNX	0.102x
NKT A/S CO:NKT	0.036x
Zhengzhou Yutong Bus Co Ltd SHG:600066	0.005x

Annual Cash Flow Conversion Efficiency for Equinox Gold Corp (2006–2025)

The table below shows the annual cash flow conversion efficiency of Equinox Gold Corp from 2006 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of Equinox Gold Corp.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$5.78 Billion ≈ $4.18 Billion	CA$697.77 Million ≈ $504.76 Million	0.121x	+10.11%
2024-12-31	CA$3.40 Billion ≈ $2.46 Billion	CA$372.18 Million ≈ $269.23 Million	0.110x	-25.36%
2023-12-31	CA$2.44 Billion ≈ $1.77 Billion	CA$358.46 Million ≈ $259.31 Million	0.147x	+511.52%
2022-12-31	CA$2.35 Billion ≈ $1.70 Billion	CA$56.47 Million ≈ $40.85 Million	0.024x	-80.66%
2021-12-31	CA$2.59 Billion ≈ $1.87 Billion	CA$320.78 Million ≈ $232.05 Million	0.124x	-17.08%
2020-12-31	CA$1.45 Billion ≈ $1.05 Billion	CA$216.51 Million ≈ $156.62 Million	0.150x	+0.99%
2019-12-31	CA$403.06 Million ≈ $291.57 Million	CA$59.72 Million ≈ $43.20 Million	0.148x	+373.70%
2018-12-31	CA$424.99 Million ≈ $307.43 Million	CA$-23.01 Million ≈ $-16.64 Million	-0.054x	+22.77%
2017-12-31	CA$365.68 Million ≈ $264.53 Million	CA$-25.63 Million ≈ $-18.54 Million	-0.070x	+32.44%
2016-12-31	CA$67.39 Million ≈ $48.75 Million	CA$-6.99 Million ≈ $-5.06 Million	-0.104x	+96.30%
2015-12-31	CA$1.68 Million ≈ $1.21 Million	CA$-4.70 Million ≈ $-3.40 Million	-2.801x	-608.82%
2014-12-31	CA$6.90 Million ≈ $4.99 Million	CA$-2.73 Million ≈ $-1.97 Million	-0.395x	-136.09%
2013-12-31	CA$9.24 Million ≈ $6.69 Million	CA$-1.55 Million ≈ $-1.12 Million	-0.167x	+77.33%
2012-12-31	CA$276.62K ≈ $200.10K	CA$-204.22K ≈ $-147.73K	-0.738x	0.00%
2011-12-31	CA$276.62K ≈ $200.10K	CA$-204.22K ≈ $-147.73K	-0.738x	-375.48%
2010-12-31	CA$337.33K ≈ $244.02K	CA$-52.38K ≈ $-37.89K	-0.155x	+83.05%
2009-12-31	CA$367.58K ≈ $265.90K	CA$-336.81K ≈ $-243.64K	-0.916x	-140.79%
2008-12-31	CA$122.76K ≈ $88.80K	CA$-46.71K ≈ $-33.79K	-0.381x	-123.92%
2007-12-31	CA$213.66K ≈ $154.56K	CA$-36.31K ≈ $-26.27K	-0.170x	-632123.51%
2006-12-31	CA$96.72K ≈ $69.97K	CA$-2.60 ≈ $-1.88	0.000x	--

About Equinox Gold Corp

TO:EQX Canada Gold

Market Cap

$8.45 Billion

CA$11.68 Billion CAD

Market Cap Rank

#2564 Global

#82 in Canada

Share Price

CA$14.80

Change (1 day)

-4.95%

52-Week Range

CA$7.78 - CA$25.62

All Time High

CA$25.62