Equinox Historical Financial Ratios

EQX Stock

CAD 7.96 0.10 1.27%

Equinox Gold is recently reporting on over 98 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 0.6 or Days Sales Outstanding of 26.23 will help investors to properly organize and evaluate Equinox Gold Corp financial condition quickly.

Quick Ratio Current Ratio

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinox Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Equinox Financial Ratios Analysis

Equinox Gold CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Equinox Gold investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Equinox financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Equinox Gold history.

Equinox Gold Financial Ratios Chart

At this time, Equinox Gold's Average Inventory is very stable compared to the past year. As of the 29th of November 2024, Cash Per Share is likely to grow to 1.78, while Price To Sales Ratio is likely to drop 1.34.

Price To Sales Ratio Ptb Ratio Days Sales Outstanding Book Value Per Share Capex To Revenue Pocfratio

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Price To Sales Ratio

Price to Sales Ratio is figured by comparing Equinox Gold Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Equinox Gold sales, a figure that is much harder to manipulate than other Equinox Gold Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Most ratios from Equinox Gold's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Equinox Gold Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinox Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Days Sales Outstanding	4.79	3.14	27.61	26.23
PTB Ratio	0.75	0.42	0.63	0.6

Days Sales Outstanding Ptb Ratio

Equinox Gold fundamentals Correlations

	Price To Sales Ratio	Ptb Ratio	Days Sales Outstanding	Book Value Per Share	Free Cash Flow Yield	Invested Capital	Operating Cash Flow Per Share	Average Payables	Capex To Depreciation	Pb Ratio	Ev To Sales	Free Cash Flow Per Share	Roic	Inventory Turnover	Net Income Per Share	Days Of Inventory On Hand	Payables Turnover	Average Inventory	Capex To Revenue	Cash Per Share	Pocfratio	Interest Coverage	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding	Net Current Asset Value
Price To Sales Ratio		0.46	0.99	-0.82	0.23	0.35	-0.57	-0.35	0.39	0.46	1.0	0.23	-0.51	-0.69	-0.4	-0.85	-0.84	-0.87	-0.64	0.03	-0.3	-0.51	-0.41	-0.3	0.87	0.35
Ptb Ratio	0.46		0.45	-0.56	0.32	0.16	-0.08	-0.66	-0.08	1.0	0.46	0.35	-0.15	-0.37	0.12	-0.54	-0.43	-0.5	-0.3	-0.51	0.07	-1.0	-0.19	0.08	0.52	0.16
Days Sales Outstanding	0.99	0.45		-0.79	0.21	0.38	-0.64	-0.33	0.4	0.45	0.99	0.19	-0.51	-0.65	-0.43	-0.84	-0.87	-0.86	-0.58	0.04	-0.3	-0.5	-0.46	-0.3	0.87	0.38
Book Value Per Share	-0.82	-0.56	-0.79		-0.49	-0.35	0.3	0.35	-0.02	-0.56	-0.82	-0.51	0.5	0.77	0.17	0.62	0.78	0.67	0.81	0.42	0.18	0.58	0.3	0.18	-0.68	-0.35
Free Cash Flow Yield	0.23	0.32	0.21	-0.49		-0.02	0.43	-0.37	-0.31	0.32	0.23	0.98	-0.2	-0.36	0.45	-0.1	-0.19	-0.14	-0.56	-0.31	-0.22	-0.3	-0.58	-0.22	0.15	-0.02
Invested Capital	0.35	0.16	0.38	-0.35	-0.02		-0.53	0.32	0.16	0.16	0.35	0.05	-0.18	-0.02	-0.14	-0.29	-0.58	-0.26	-0.21	-0.05	-0.11	-0.18	-0.08	-0.1	0.3	1.0
Operating Cash Flow Per Share	-0.57	-0.08	-0.64	0.3	0.43	-0.53		-0.16	-0.56	-0.08	-0.57	0.46	0.24	0.17	0.73	0.54	0.75	0.52	0.03	-0.27	0.05	0.14	0.27	0.05	-0.54	-0.53
Average Payables	-0.35	-0.66	-0.33	0.35	-0.37	0.32	-0.16		0.15	-0.66	-0.35	-0.37	0.01	0.4	-0.16	0.5	0.2	0.43	0.23	0.14	0.49	0.64	0.18	0.49	-0.44	0.32
Capex To Depreciation	0.39	-0.08	0.4	-0.02	-0.31	0.16	-0.56	0.15		-0.08	0.39	-0.36	0.02	-0.22	-0.82	-0.52	-0.39	-0.47	-0.13	0.71	0.04	0.01	-0.2	0.04	0.46	0.16
Pb Ratio	0.46	1.0	0.45	-0.56	0.32	0.16	-0.08	-0.66	-0.08		0.46	0.35	-0.15	-0.37	0.12	-0.54	-0.43	-0.5	-0.3	-0.51	0.07	-1.0	-0.19	0.08	0.52	0.16
Ev To Sales	1.0	0.46	0.99	-0.82	0.23	0.35	-0.57	-0.35	0.39	0.46		0.23	-0.51	-0.7	-0.4	-0.85	-0.84	-0.87	-0.65	0.02	-0.3	-0.51	-0.41	-0.3	0.87	0.35
Free Cash Flow Per Share	0.23	0.35	0.19	-0.51	0.98	0.05	0.46	-0.37	-0.36	0.35	0.23		-0.21	-0.4	0.49	-0.08	-0.18	-0.12	-0.6	-0.36	-0.23	-0.32	-0.46	-0.23	0.14	0.05
Roic	-0.51	-0.15	-0.51	0.5	-0.2	-0.18	0.24	0.01	0.02	-0.15	-0.51	-0.21		0.41	0.06	0.38	0.49	0.6	0.31	0.23	0.12	0.18	0.21	0.12	-0.58	-0.18
Inventory Turnover	-0.69	-0.37	-0.65	0.77	-0.36	-0.02	0.17	0.4	-0.22	-0.37	-0.7	-0.4	0.41		0.31	0.66	0.62	0.71	0.89	0.1	0.24	0.41	0.18	0.24	-0.7	-0.02
Net Income Per Share	-0.4	0.12	-0.43	0.17	0.45	-0.14	0.73	-0.16	-0.82	0.12	-0.4	0.49	0.06	0.31		0.47	0.51	0.45	0.12	-0.49	-0.02	-0.05	0.11	-0.02	-0.44	-0.14
Days Of Inventory On Hand	-0.85	-0.54	-0.84	0.62	-0.1	-0.29	0.54	0.5	-0.52	-0.54	-0.85	-0.08	0.38	0.66	0.47		0.77	0.96	0.53	-0.22	0.38	0.6	0.34	0.38	-0.97	-0.29
Payables Turnover	-0.84	-0.43	-0.87	0.78	-0.19	-0.58	0.75	0.2	-0.39	-0.43	-0.84	-0.18	0.49	0.62	0.51	0.77		0.79	0.56	0.01	0.28	0.47	0.48	0.28	-0.82	-0.58
Average Inventory	-0.87	-0.5	-0.86	0.67	-0.14	-0.26	0.52	0.43	-0.47	-0.5	-0.87	-0.12	0.6	0.71	0.45	0.96	0.79		0.56	-0.13	0.33	0.56	0.36	0.33	-1.0	-0.26
Capex To Revenue	-0.64	-0.3	-0.58	0.81	-0.56	-0.21	0.03	0.23	-0.13	-0.3	-0.65	-0.6	0.31	0.89	0.12	0.53	0.56	0.56		0.14	0.2	0.33	0.22	0.19	-0.57	-0.21
Cash Per Share	0.03	-0.51	0.04	0.42	-0.31	-0.05	-0.27	0.14	0.71	-0.51	0.02	-0.36	0.23	0.1	-0.49	-0.22	0.01	-0.13	0.14		-0.32	0.47	-0.17	-0.32	0.13	-0.05
Pocfratio	-0.3	0.07	-0.3	0.18	-0.22	-0.11	0.05	0.49	0.04	0.07	-0.3	-0.23	0.12	0.24	-0.02	0.38	0.28	0.33	0.2	-0.32		-0.08	0.13	1.0	-0.35	-0.11
Interest Coverage	-0.51	-1.0	-0.5	0.58	-0.3	-0.18	0.14	0.64	0.01	-1.0	-0.51	-0.32	0.18	0.41	-0.05	0.6	0.47	0.56	0.33	0.47	-0.08		0.21	-0.09	-0.58	-0.18
Capex To Operating Cash Flow	-0.41	-0.19	-0.46	0.3	-0.58	-0.08	0.27	0.18	-0.2	-0.19	-0.41	-0.46	0.21	0.18	0.11	0.34	0.48	0.36	0.22	-0.17	0.13	0.21		0.13	-0.36	-0.08
Pfcf Ratio	-0.3	0.08	-0.3	0.18	-0.22	-0.1	0.05	0.49	0.04	0.08	-0.3	-0.23	0.12	0.24	-0.02	0.38	0.28	0.33	0.19	-0.32	1.0	-0.09	0.13		-0.35	-0.1
Days Payables Outstanding	0.87	0.52	0.87	-0.68	0.15	0.3	-0.54	-0.44	0.46	0.52	0.87	0.14	-0.58	-0.7	-0.44	-0.97	-0.82	-1.0	-0.57	0.13	-0.35	-0.58	-0.36	-0.35		0.3
Net Current Asset Value	0.35	0.16	0.38	-0.35	-0.02	1.0	-0.53	0.32	0.16	0.16	0.35	0.05	-0.18	-0.02	-0.14	-0.29	-0.58	-0.26	-0.21	-0.05	-0.11	-0.18	-0.08	-0.1	0.3

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Equinox Gold Account Relationship Matchups

Equinox Gold fundamentals Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Price To Sales Ratio	3.06	2.61	1.78	1.05	1.41	1.34
Ptb Ratio	2.14	1.52	0.75	0.42	0.63	0.6
Days Sales Outstanding	35.49	24.21	4.79	3.14	27.61	26.23
Book Value Per Share	3.6	6.81	9.07	7.74	7.81	8.2
Free Cash Flow Yield	(0.0817)	(0.0439)	0.0198	(0.0122)	(0.5)	(0.11)
Operating Cash Flow Per Share	0.53	1.02	1.13	0.19	1.15	1.2
Stock Based Compensation To Revenue	0.02	0.009662	0.00677	0.003745	0.004307	0.004091
Capex To Depreciation	1.14	0.98	(1.28)	2.95	2.38	2.26
Pb Ratio	2.14	1.52	0.75	0.42	0.63	0.6
Ev To Sales	3.76	2.86	2.02	1.72	2.1	1.99
Free Cash Flow Per Share	(0.34)	0.21	(0.0823)	(1.65)	(0.53)	(0.55)
Roic	0.13	0.0429	0.0486	0.00352	0.0292	0.0306
Inventory Turnover	4.28	2.97	4.3	3.31	2.38	2.05
Net Income Per Share	(0.18)	0.1	1.95	(0.35)	0.0924	0.097
Days Of Inventory On Hand	85.35	122.84	84.88	110.37	153.58	161.25
Payables Turnover	4.39	6.24	7.93	7.16	8.68	9.12
Sales General And Administrative To Revenue	0.0692	0.0471	0.0474	0.0479	0.0415	0.0394
Capex To Revenue	0.17	0.35	0.21	0.32	0.59	0.48
Cash Per Share	0.61	1.64	1.92	0.78	0.91	1.78
Pocfratio	14.44	10.15	6.0	17.66	4.27	4.48
Interest Coverage	3.14	4.31	3.53	0.26	0.81	0.85
Capex To Operating Cash Flow	1.63	0.8	1.07	9.86	1.46	1.53
Pfcf Ratio	(22.78)	50.38	(82.15)	(1.99)	(9.28)	(9.74)
Days Payables Outstanding	83.13	58.5	46.01	51.0	42.03	39.93
Income Quality	(2.94)	10.45	0.58	(0.53)	12.41	13.03
Roe	(0.0504)	0.0154	0.21	(0.0451)	0.0119	0.0125
Ev To Operating Cash Flow	17.73	11.12	6.82	29.01	6.37	6.69
Pe Ratio	(42.43)	98.58	3.47	(9.4)	52.95	55.6
Return On Tangible Assets	(0.0242)	0.008342	0.14	(0.0275)	0.006639	0.006971
Ev To Free Cash Flow	(27.97)	55.2	(93.33)	(3.27)	(13.85)	(14.54)
Earnings Yield	(0.0236)	0.0101	0.29	(0.11)	0.0189	0.0198
Net Debt To E B I T D A	2.06	0.9	0.78	4.88	2.59	3.52
Current Ratio	1.13	2.9	2.89	2.41	1.74	1.65
Tangible Book Value Per Share	3.6	6.81	9.01	7.74	7.81	8.2
Receivables Turnover	10.28	15.08	76.18	116.41	13.22	23.45
Graham Number	3.83	4.01	19.94	7.79	4.02	5.77
Shareholders Equity Per Share	3.6	6.81	9.07	7.74	7.77	8.16
Debt To Equity	0.53	0.66	0.38	0.21	0.35	0.47

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

0.32

BRK

Berkshire Hathaway CDR

Pair Corr

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 Correlation Correlation 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:

How To Invest In Equinox

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Is Equinox Stock a good investment?

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What is Equinox Gold's Net Worth?

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You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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.

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Operating Cycle	Price Book Value Ratio
Price Earnings To Growth Ratio	Days Of Payables Outstanding
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Cash Conversion Cycle
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

Equinox Historical Financial Ratios

About Equinox Financial Ratios Analysis

Equinox Gold Financial Ratios Chart

Price To Sales Ratio

Ptb Ratio

Book Value Per Share

Capex To Revenue

Equinox Gold fundamentals Correlations

Equinox Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Equinox Gold fundamentals Accounts

Pair Trading with Equinox Gold

Moving against Equinox Stock

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Ev To Sales	+ 1.0	Price To Sales Ratio
Pb Ratio	+ 1.0	Ptb Ratio
Net Current Asset Value	+ 1.0	Invested Capital
Pfcf Ratio	+ 1.0	Pocfratio
Days Sales Outstanding	+ 0.99	Price To Sales Ratio
Ev To Sales	+ 0.99	Days Sales Outstanding

Days Payables Outstanding	- 1.0	Average Inventory
Interest Coverage	- 1.0	Pb Ratio
Interest Coverage	- 1.0	Ptb Ratio
Days Payables Outstanding	- 0.97	Days Of Inventory On Hand
Average Inventory	- 0.87	Ev To Sales
Payables Turnover	- 0.87	Days Sales Outstanding