Equinox Gold Corp Stock Total Debt
EQX Stock | USD 5.65 0.05 0.89% |
Equinox Gold Corp fundamentals help investors to digest information that contributes to Equinox Gold's financial success or failures. It also enables traders to predict the movement of Equinox Stock. The fundamental analysis module provides a way to measure Equinox Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Equinox Gold stock.
Total Debt To Capitalization is likely to rise to 0.32 in 2024. Equinox | Total Debt |
Equinox Gold Corp Company Total Debt Analysis
Equinox Gold's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Equinox Gold Total Debt | 945.37 M |
Most of Equinox Gold's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Equinox Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Equinox Total Debt Driver Correlations
Understanding the fundamental principles of building solid financial models for Equinox Gold is extremely important. It helps to project a fair market value of Equinox Stock properly, considering its historical fundamentals such as Total Debt. Since Equinox Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Equinox Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Equinox Gold's interrelated accounts and indicators.
Click cells to compare fundamentals
Equinox Total Debt Historical Pattern
Today, most investors in Equinox Gold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Equinox Gold's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total debt growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Equinox Gold total debt as a starting point in their analysis.
Equinox Gold Total Debt |
Timeline |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Competition |
Equinox Net Debt
Net Debt |
|
Based on the latest financial disclosure, Equinox Gold Corp has a Total Debt of 945.37 M. This is 54.24% lower than that of the Metals & Mining sector and 14.54% higher than that of the Materials industry. The total debt for all United States stocks is 82.22% higher than that of the company.
Equinox Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Equinox Gold's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Equinox Gold could also be used in its relative valuation, which is a method of valuing Equinox Gold by comparing valuation metrics of similar companies.Equinox Gold is currently under evaluation in total debt category among its peers.
Equinox Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Equinox Gold from analyzing Equinox Gold's financial statements. These drivers represent accounts that assess Equinox Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Equinox Gold's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 862.4M | 2.2B | 1.9B | 997.1M | 1.5B | 1.6B | |
Enterprise Value | 1.1B | 2.4B | 2.2B | 1.6B | 2.3B | 2.4B |
Equinox Gold ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Equinox Gold's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Equinox Gold's managers, analysts, and investors.Environmental | Governance | Social |
Equinox Fundamentals
Return On Equity | 0.0872 | ||||
Return On Asset | 0.0131 | ||||
Profit Margin | 0.20 % | ||||
Operating Margin | 0.20 % | ||||
Current Valuation | 3.9 B | ||||
Shares Outstanding | 455.4 M | ||||
Shares Owned By Insiders | 6.01 % | ||||
Shares Owned By Institutions | 61.75 % | ||||
Number Of Shares Shorted | 14.97 M | ||||
Price To Earning | 2.31 X | ||||
Price To Book | 0.79 X | ||||
Price To Sales | 2.08 X | ||||
Revenue | 1.09 B | ||||
Gross Profit | 262.67 M | ||||
EBITDA | 291.09 M | ||||
Net Income | 28.88 M | ||||
Cash And Equivalents | 200.77 M | ||||
Cash Per Share | 0.84 X | ||||
Total Debt | 945.37 M | ||||
Debt To Equity | 0.28 % | ||||
Current Ratio | 2.89 X | ||||
Book Value Per Share | 7.58 X | ||||
Cash Flow From Operations | 358.46 M | ||||
Short Ratio | 3.16 X | ||||
Earnings Per Share | 0.55 X | ||||
Target Price | 6.77 | ||||
Number Of Employees | 3.69 K | ||||
Beta | 1.19 | ||||
Market Capitalization | 2.57 B | ||||
Total Asset | 4.35 B | ||||
Retained Earnings | 348.55 M | ||||
Working Capital | 354.36 M | ||||
Current Asset | 105.76 M | ||||
Current Liabilities | 55.65 M | ||||
Net Asset | 4.35 B |
About Equinox Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Equinox Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Equinox Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Equinox Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Equinox Stock Analysis
When running Equinox Gold's price analysis, check to measure Equinox Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equinox Gold is operating at the current time. Most of Equinox Gold's value examination focuses on studying past and present price action to predict the probability of Equinox Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinox Gold's price. Additionally, you may evaluate how the addition of Equinox Gold to your portfolios can decrease your overall portfolio volatility.