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EQX Financial Statements and Analysis

AMEX : EQX

Equinox Gold Corp.

$5.69
-0.12-2.06%
At Close 4:00 PM
$5.66
-0.03-0.53%
After-Market 06:44 PM
50
A-ESG ScoreESG Rating

EQX FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

EQX Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue428.386M269.378M241.318M306.031M284.747M
cost of revenue327.008M245.591M229.956M269.755M259.545M
gross profit101.378M23.787M11.362M36.276M25.202M
gross profit ratio0.2370.0880.0470.1190.089
research and development expenses00000
general and administrative expenses12.836M12.656M13.911M9.648M13.547M
selling and marketing expenses0-189.572K0758.894K0
selling general and administrative expenses12.836M12.466M13.911M10.407M13.547M
other expenses4.36M0-710.00K4.939M-5.117M
operating expenses17.196M12.466M16.615M10.407M16.586M
cost and expenses344.204M258.111M246.571M280.162M276.131M
interest income1.95M2.371M1.972M2.466M3.043M
interest expense19.725M20.658M17.443M18.395M15.263M
depreciation and amortization59.266M44.375M46.211M63.025M58.866M
ebitda115.752M55.68M29.10M88.894M65.412M
ebitda ratio0.270.2070.1780.290.23
operating income84.182M11.323M-5.253M25.869M8.616M
operating income ratio0.1970.042-0.0220.0850.03
total other income expenses net-47.421M435.584M-28.954M-16.928M-2.294M
income before tax36.761M446.907M-34.207M8.94M-5.898M
income before tax ratio0.0861.659-0.1420.029-0.021
income tax expense36.458M163.503M8.548M4.522M-8.123M
net income303.00K283.775M-42.755M3.895M2.225M
net income ratio0.0011.053-0.1770.0130.008
eps0.0010.72-0.130.0130.007
eps diluted0.0010.60-0.130.0130.007
weighted average shs out428.53M392.453M323.989M313.70M312.951M
weighted average shs out dil434.537M471.535M323.989M317.30M316.534M
Graph

EQX Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
cash and cash equivalents
short term investments
cash and short term investments
net receivables
inventory
other current assets
total current assets
property plant equipment net
goodwill
intangible assets
goodwill and intangible assets
long term investments
tax assets
other non current assets
total non current assets
other assets
total assets
account payables
short term debt
tax payables
deferred revenue
other current liabilities
total current liabilities
long term debt
deferred revenue non current
deferred tax liabilities non current
other non current liabilities
total non current liabilities
other liabilities
capital lease obligations
total liabilities
preferred stock
common stock
retained earnings
accumulated other comprehensive income loss
other total stockholders equity
total stockholders equity
total equity
total liabilities and stockholders equity
minority interest
total investments
total debt
net debt
Graph

EQX Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-06-302024-03-312023-12-312023-09-302023-06-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202320232023
periodQ2Q1Q4Q3Q2
deferred income tax163.503M8.548M-33.963M-8.123M-822.00K
stock based compensation03.357M-163.407M2.754M2.183M
change in working capital-77.834M-29.817M-43.371M-13.356M-61.334M
accounts receivables529.927K11.076M-16.158M-17.55M4.60M
inventory-52.926M-24.501M-49.416M-36.877M-41.062M
accounts payables-6.355M-17.816M28.217M31.464M-17.132M
other working capital-19.083M1.368M-6.013M9.607M-7.74M
other non cash items-164.264M28.30M286.002M27.676M25.457M
net cash provided by operating activities-61.492M17.905M112.295M69.276M19.879M
investments in property plant and equipment-88.564M-104.769M-140.276M-147.589M-110.853M
acquisitions net-704.11M0-1.0050.656K320.357K
purchases of investments00-193.56K-2.058M23.984K
sales maturities of investments47.643M0160.214K-50.656K-344.341K
other investing activites-699.835M-3.995M-6.483M-1.172M-739.00K
net cash used for investing activites-740.756M-108.764M-146.792M-150.819M-111.592M
debt repayment-555.922M-8.808M-168.415M-9.149M-8.963M
common stock issued285.539M49.203M25.088M120.881K1.722M
common stock repurchased00000
dividends paid00000
other financing activites12.168M-1.191M9.005M273.67M-12.908M
net cash used provided by financing activities845.624M24.907M-134.322M264.642M-20.149M
effect of forex changes on cash-1.966M-777.00K1.355M-801.00K1.395M
net change in cash42.318M-66.729M-164.016M182.298M-110.467M
cash at end of period167.454M125.266M191.013M356.738M174.44M
cash at beginning of period125.137M191.995M355.028M174.44M284.907M
operating cashflow-61.492M17.905M112.295M69.276M19.879M
capital expenditure-88.564M-104.769M-140.276M-147.589M-110.853M
free cash flow-150.056M-86.864M-27.981M-78.313M-90.974M
Graph

Frequently Asked Questions

How did Equinox Gold Corp. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, EQX generated $428.39M in revenue last quarter, while its costs came in at $327.01M.

Last quarter, how much Gross Profit did Equinox Gold Corp. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. Equinox Gold Corp. reported a $101.38M Gross Profit for the quarter ended Jun 30, 2024.

Have EQX's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. EQX incurred $17.20M worth of Operating Expenses, while it generated $84.18M worth of Operating Income.

How much Net Income has EQX posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from Equinox Gold Corp., the company generated $303.00K in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did Equinox Gold Corp. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to Equinox Gold Corp. as of the end of the last quarter was -.

What are EQX's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, EQX had Total Net Receivables of -.

In terms of Total Assets and Current Assets, where did Equinox Gold Corp. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of EQX were -, while the Total Assets stand at -.

As of the last quarter, how much Total Debt did Equinox Gold Corp. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of EQX's debt was - at the end of the last quarter.

What were EQX's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, EQX reported total liabilities of -.

How much did EQX's Working Capital change over the last quarter?

Working Capital Change for EQX was -$77.83M over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

EQX generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. EQX generated -$61.49M of Cash from Operating Activities during its recently reported quarter.

What was EQX's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. EQX reported a $42.32M Net Change in Cash in the most recent quarter.

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