Equinox Gold Corp
Equinox Gold Corp. engages in the acquisition, exploration, development, and operation of mineral properties in the Americas. The company primarily explores gold and silver deposits. It holds interest in properties in California located in the United States; Guerrero State located in Mexico; Maranhão, Bahia, and Mina Gerais state located in Brazil; and Ontario, Canada. The company was formerly kn… Read more
Equinox Gold Corp (EQX) - Total Assets
Latest total assets as of September 2025: $10.30 Billion USD
Based on the latest financial reports, Equinox Gold Corp (EQX) holds total assets worth $10.30 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Equinox Gold Corp - Total Assets Trend (2006–2024)
This chart illustrates how Equinox Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Equinox Gold Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Equinox Gold Corp's total assets of $10.30 Billion consist of 11.7% current assets and 88.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $239.33 Million | 3.6% |
| Accounts Receivable | $70.03 Million | 1.0% |
| Inventory | $417.54 Million | 6.2% |
| Property, Plant & Equipment | $5.56 Billion | 82.9% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Equinox Gold Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Equinox Gold Corp's current assets represent 11.7% of total assets in 2024, a decrease from 100.0% in 2006.
- Cash Position: Cash and equivalents constituted 3.6% of total assets in 2024, down from 100.0% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is property, plant & equipment at 82.9% of total assets.
Equinox Gold Corp Competitors by Total Assets
Key competitors of Equinox Gold Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Equinox Gold Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Equinox Gold Corp generates 0.23x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Equinox Gold Corp generates $5.05 in net profit.
Equinox Gold Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.07 | 0.85 | 2.90 |
| Quick Ratio | 0.62 | 0.33 | 1.97 |
| Cash Ratio | 0.29 | 0.20 | 0.00 |
| Working Capital | $88.48 Million | $ -132.93 Million | $ 423.36 Million |
Equinox Gold Corp - Advanced Valuation Insights
This section examines the relationship between Equinox Gold Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.22 |
| Latest Market Cap to Assets Ratio | 1.62 |
| Asset Growth Rate (YoY) | 54.3% |
| Total Assets | $6.71 Billion |
| Market Capitalization | $10.91 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Equinox Gold Corp's assets above their book value (1.62 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Equinox Gold Corp's assets grew by 54.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Equinox Gold Corp (2006–2024)
The table below shows the annual total assets of Equinox Gold Corp from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $6.71 Billion | +54.32% |
| 2023-12-31 | $4.35 Billion | +12.81% |
| 2022-12-31 | $3.86 Billion | -2.80% |
| 2021-12-31 | $3.97 Billion | +48.40% |
| 2020-12-31 | $2.67 Billion | +218.51% |
| 2019-12-31 | $839.35 Million | +11.37% |
| 2018-12-31 | $753.68 Million | +54.97% |
| 2017-12-31 | $486.32 Million | +440.80% |
| 2016-12-31 | $89.93 Million | +4714.08% |
| 2015-12-31 | $1.87 Million | -73.57% |
| 2014-12-31 | $7.07 Million | -24.83% |
| 2013-12-31 | $9.40 Million | +3112.11% |
| 2012-12-31 | $292.75K | 0.00% |
| 2011-12-31 | $292.75K | -21.93% |
| 2010-12-31 | $374.97K | -2.70% |
| 2009-12-31 | $385.39K | +165.20% |
| 2008-12-31 | $145.32K | -35.51% |
| 2007-12-31 | $225.32K | +113.06% |
| 2006-12-31 | $105.75K | -- |