Almonty Industries Inc. key statistics and ratios

In fiscal 2025, Almonty Industries Inc. had return on equity of -80.5%, an operating margin of -111.5%, debt equal to 48.8% of equity and a current ratio of 3.89. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Almonty Industries Inc.: financial ratios, annual
Fiscal year	2024Dec 2024	2025Dec 2025
Gross margin	6.8%	7.3%
Operating margin	−46.0%	−111.5%
Net margin	−56.5%	−498.0%
Return on equity	−43.9%	−80.5%
Return on assets	−6.7%	−38.1%
Asset turnover	0.12	0.08
Current ratio	0.36	3.89
Debt to equity	430.8%	48.8%
Interest cover (operating income ÷ interest)	n/m	n/m

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

3 of 6 checks passed · December 31, 2025

What it owns · $430m

Short-term assets $209mLonger-term assets $221m

What it owes, and who funded it · $430m

Short-term liabilities $54mLonger-term liabilities $115mShareholders' equity $261m

Short-term assets cover short-term liabilities $209m of assets due within a year against $54m of liabilities due within a year.
Short-term assets cover long-term liabilities $209m short-term assets against $115m of longer-dated liabilities.
More cash than debt $196m of cash against $118m of debt.
Debt below 40% of shareholders' equity Debt is 45% of equity.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt −$14m of operating cash flow against $118m of debt.
Operating profit covers interest at least five times over Operating income of −$26m against $3m of interest.

From Almonty Industries Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

Head to head: ABAT vs ALM ALM vs UAMY ALM vs MTA

More: Diversified Metals & Mining stocks compared, Materials sector, rankings of US companies

Figures from Almonty Industries Inc.'s SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Almonty Industries Inc.