Equinox Gold Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	362.97	407.36	239.33	192	200.77	305.5
Short-Term Investments	136.65	162.68	6.14	92.67	36.87	240.53
Cash & Short-Term Investments	499.62	570.04	245.47	284.66	237.64	546.03
Cash Growth	180.27%	132.22%	-13.77%	19.79%	-56.48%	56.88%
Accounts Receivable	61.15	7.15	3.94	9.92	8.18	14.21
Other Receivables	-	58.32	66.09	72.39	53.72	36.05
Receivables	61.15	65.47	70.04	82.31	76.1	50.26
Inventory	392.05	369.76	417.54	412.01	265.11	201.62
Prepaid Expenses	33.47	26.35	44.53	35.14	38.09	33.55
Restricted Cash	-	2	2.9	2.14	1.94	-
Other Current Assets	2.02	936.94	3.63	17.7	36.22	331.77
Total Current Assets	988.31	1,971	784.11	833.96	655.1	1,163
Property, Plant & Equipment	7,949	7,910	5,565	3,225	2,840	2,498
Long-Term Investments	-	-	32.32	29.26	153.13	127.61
Long-Term Deferred Tax Assets	-	-	2.34	-	-	10.58
Other Long-Term Assets	718.92	635.76	301.03	236.74	186.71	160.43
Total Assets	9,656	10,535	6,714	4,350	3,856	3,967
Accounts Payable	331.72	104.54	128.46	112.77	122.51	109.3
Accrued Expenses	3.81	197.88	129.89	127.36	107.92	75.21
Current Portion of Long-Term Debt	65.98	217.39	151.6	142.52	1.1	26.67
Current Portion of Leases	-	25.26	19.83	26.34	21.42	18.15
Current Income Taxes Payable	92.96	153.12	10.1	6.4	9.38	5.61
Current Unearned Revenue	101.78	127.6	116.33	39.6	-	-
Other Current Liabilities	201.58	436.19	132.88	24.62	9.4	167.63
Total Current Liabilities	797.82	1,262	689.09	479.6	271.72	402.57
Long-Term Debt	721.45	1,519	1,298	813.53	836.54	514.02
Long-Term Leases	-	73.69	60.53	20.39	14.08	26.94
Long-Term Unearned Revenue	166.28	165.13	266.72	194.54	-	-
Long-Term Deferred Tax Liabilities	1,447	1,412	799.97	244.7	262.02	312.2
Other Long-Term Liabilities	397.78	308.52	201.63	155.16	120.25	126.29
Total Liabilities	3,531	4,740	3,316	1,908	1,505	1,382
Common Stock	4,904	4,875	2,799	2,086	2,036	2,007
Retained Earnings	1,127	820	613.66	348.55	326.26	446.59
Comprehensive Income & Other	95.03	100.6	-14.93	8.35	-10.46	131.98
Total Common Equity	6,125	5,795	3,398	2,442	2,352	2,585
Shareholders' Equity	6,125	5,795	3,398	2,442	2,352	2,585
Total Liabilities & Equity	9,656	10,535	6,714	4,350	3,856	3,967
Total Debt	787.43	1,835	1,530	1,003	873.14	585.78
Net Cash (Debt)	-287.81	-1,265	-1,285	-718.12	-635.51	-39.75
Net Cash Per Share	-0.40	-2.01	-2.71	-2.27	-2.09	-0.12
Filing Date Shares Outstanding	789.11	788.28	456.06	323.6	312.13	302.71
Total Common Shares Outstanding	789.08	785.63	455.23	318.01	307.37	301.32
Working Capital	190.49	708.58	95.01	354.36	383.37	760.67
Book Value Per Share	7.76	7.38	7.46	7.68	7.65	8.58
Tangible Book Value	6,125	5,795	3,398	2,442	2,352	2,585
Tangible Book Value Per Share	7.76	7.38	7.46	7.68	7.65	8.58
Machinery	2,632	2,536	1,886	971.89	820.53	666.24
Construction In Progress	43.83	39.57	212.26	746.14	382.34	177.9

Source: S&P Global Market Intelligence. Standard template. Financial Sources.