Aris Mining Corp key statistics and ratios

In fiscal 2025, Aris Mining Corp had return on equity of 7.0%, an operating margin of 38.7%, debt equal to 35.9% of equity and a current ratio of 1.76. 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.

Aris Mining Corp: financial ratios, annual
Fiscal year	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Gross margin	51.0%	41.5%	38.4%	55.3%
Operating margin	15.4%	24.3%	23.0%	38.7%
Net margin	−1.2%	2.6%	4.8%	8.4%
Free-cash-flow margin	−9.5%	−2.0%	−7.9%	13.9%
Return on equity	−1.0%	2.0%	3.5%	7.0%
Return on assets	−0.4%	0.9%	1.5%	3.5%
Asset turnover	0.32	0.34	0.31	0.41
Current ratio	2.10	1.99	2.61	1.76
Debt to equity	86.7%	60.5%	64.6%	35.9%
Interest cover (operating income ÷ interest)	2.6x	4.5x	4.8x	9.7x
Effective tax rate	—	80.6%	70.6%	61.7%
Capital spending as % of revenue	28.8%	25.4%	35.5%	26.3%
Free cash flow ÷ net income	—	−79.0%	−163.6%	164.7%
Dividends ÷ net income	—	0.0%	—	—

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

4 of 6 checks passed · December 31, 2025

What it owns · $2.5bn

Short-term assets $537mLonger-term assets $2.0bn

What it owes, and who funded it · $2.5bn

Short-term liabilities $305mLonger-term liabilities $756mShareholders' equity $1.4bn

Short-term assets cover short-term liabilities $537m of assets due within a year against $305m of liabilities due within a year.
Short-term assets cover long-term liabilities $537m short-term assets against $756m of longer-dated liabilities.
More cash than debt $392m of cash against $519m of debt.
Debt below 40% of shareholders' equity Debt is 36% 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 $373m of operating cash flow against $519m of debt.
Operating profit covers interest at least five times over Operating income of $359m against $37m of interest.

From Aris Mining Corp'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

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Figures from Aris Mining Corp'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 Aris Mining Corp.