First Mining Gold Stock Working Capital
| FF Stock | CAD 0.14 0.01 6.67% |
First Mining Gold fundamentals help investors to digest information that contributes to First Mining's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Mining's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to First Mining stock.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | 1.9 M | 1.8 M | |
| Change In Working Capital | 32.4 K | 34 K |
First | Working Capital |
First Mining Gold Company Working Capital Analysis
First Mining's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current First Mining Working Capital | 2.16 M |
Most of First Mining's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Mining Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for First Mining is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Working Capital. Since First Mining's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Mining's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Mining's interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
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First Net Invested Capital
Net Invested Capital |
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According to the company's disclosures, First Mining Gold has a Working Capital of 2.16 M. This is 99.7% lower than that of the Metals & Mining sector and 99.33% lower than that of the Materials industry. The working capital for all Canada stocks is 99.85% higher than that of the company.
First Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Mining's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of First Mining could also be used in its relative valuation, which is a method of valuing First Mining by comparing valuation metrics of similar companies.First Mining is currently under evaluation in working capital category among its peers.
First Mining Current Valuation Drivers
We derive many important indicators used in calculating different scores of First Mining from analyzing First Mining's financial statements. These drivers represent accounts that assess First Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of First Mining's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 146.6M | 258.0M | 209.6M | 147.6M | 132.9M | 111.6M | |
| Enterprise Value | 141.3M | 229.6M | 180.5M | 134.4M | 121.0M | 95.5M |
First Fundamentals
| Return On Equity | -0.19 | ||||
| Return On Asset | -0.074 | ||||
| Current Valuation | 143.01 M | ||||
| Shares Outstanding | 1.08 B | ||||
| Shares Owned By Insiders | 4.55 % | ||||
| Shares Owned By Institutions | 9.72 % | ||||
| Number Of Shares Shorted | 1.16 M | ||||
| Price To Book | 0.72 X | ||||
| EBITDA | (6.6 M) | ||||
| Net Income | (7.04 M) | ||||
| Cash And Equivalents | 13.56 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 172 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 3.02 X | ||||
| Book Value Per Share | 0.21 X | ||||
| Cash Flow From Operations | (5.07 M) | ||||
| Short Ratio | 1.25 X | ||||
| Earnings Per Share | (0.05) X | ||||
| Target Price | 0.59 | ||||
| Beta | 0.94 | ||||
| Market Capitalization | 156.58 M | ||||
| Total Asset | 286.07 M | ||||
| Retained Earnings | (165.58 M) | ||||
| Working Capital | 2.16 M | ||||
| Net Asset | 286.07 M |
About First Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Mining Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Mining Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Other Information on Investing in First Stock
First Mining financial ratios help investors to determine whether First Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Mining security.