First Historical Financial Ratios

FF Stock

CAD 0.13 0.06 85.71%

First Mining is recently reporting on over 95 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 0.44 or Days Sales Outstanding of 0.0 will help investors to properly organize and evaluate First Mining Gold financial condition quickly.

Quick Ratio Current Ratio

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Mining Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About First Financial Ratios Analysis

First Mining GoldFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate First Mining investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on First financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across First Mining history.

First Mining Financial Ratios Chart

At this time, First Mining's Average Receivables is very stable compared to the past year. As of the 11th of December 2024, Interest Debt Per Share is likely to grow to 0.02, while PTB Ratio is likely to drop 0.44.

Invested Capital Average Payables Payables Turnover Cash Per Share

Add Fundamental

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to First Mining Gold. There are two different methods for calculating First Mining Gold invested capital: operating approach and financing approach. Understanding First Mining invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Most ratios from First Mining's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into First Mining Gold current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Mining Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

First Mining fundamentals Correlations

	Ptb Ratio	Book Value Per Share	Free Cash Flow Yield	Invested Capital	Operating Cash Flow Per Share	Average Payables	Capex To Depreciation	Pb Ratio	Free Cash Flow Per Share	Roic	Net Income Per Share	Payables Turnover	Average Inventory	Cash Per Share	Pocfratio	Interest Coverage	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding	Income Quality	Roe	Ev To Operating Cash Flow	Pe Ratio	Return On Tangible Assets	Ev To Free Cash Flow	Earnings Yield
Ptb Ratio		-0.06	0.07	-0.37	0.13	-0.08	-0.04	1.0	0.11	-0.47	0.05	-0.06	0.21	0.01	-0.34	0.01	0.06	-0.31	0.08	-0.07	-0.97	-0.34	-0.22	0.61	-0.31	0.06
Book Value Per Share	-0.06		-0.2	-0.61	-0.66	0.9	0.79	-0.06	-0.58	0.46	-0.41	0.36	0.56	0.2	0.39	-0.25	-0.17	0.58	-0.36	-0.49	0.05	0.39	0.53	0.38	0.57	-0.33
Free Cash Flow Yield	0.07	-0.2		0.47	-0.18	-0.54	-0.37	0.07	0.79	-0.39	0.07	-0.39	-0.5	0.12	-0.62	-0.35	0.88	-0.71	0.56	0.32	-0.05	-0.64	-0.56	-0.29	-0.7	0.34
Invested Capital	-0.37	-0.61	0.47		-0.07	-0.79	-0.42	-0.37	0.61	-0.25	0.25	-0.56	-0.84	-0.22	-0.07	0.1	0.55	-0.46	0.72	0.4	0.32	-0.08	-0.29	-0.5	-0.45	0.33
Operating Cash Flow Per Share	0.13	-0.66	-0.18	-0.07		-0.36	-0.56	0.13	0.18	-0.1	0.37	0.23	-0.06	-0.17	-0.38	0.21	-0.34	-0.2	-0.26	0.21	-0.07	-0.36	-0.31	-0.13	-0.2	0.18
Average Payables	-0.08	0.9	-0.54	-0.79	-0.36		0.74	-0.08	-0.78	0.58	-0.45	0.51	0.74	0.21	0.5	-0.09	-0.52	0.79	-0.65	-0.58	0.06	0.52	0.67	0.43	0.78	-0.49
Capex To Depreciation	-0.04	0.79	-0.37	-0.42	-0.56	0.74		-0.04	-0.58	0.39	-0.39	-0.01	0.29	-0.09	0.42	0.07	-0.23	0.43	-0.01	-0.37	0.02	0.42	0.43	0.27	0.42	-0.41
Pb Ratio	1.0	-0.06	0.07	-0.37	0.13	-0.08	-0.04		0.11	-0.47	0.05	-0.06	0.21	0.01	-0.34	0.01	0.06	-0.31	0.08	-0.07	-0.97	-0.34	-0.22	0.61	-0.31	0.06
Free Cash Flow Per Share	0.11	-0.58	0.79	0.61	0.18	-0.78	-0.58	0.11		-0.53	0.43	-0.43	-0.62	-0.26	-0.48	0.01	0.85	-0.79	0.64	0.65	-0.06	-0.51	-0.69	-0.39	-0.79	0.52
Roic	-0.47	0.46	-0.39	-0.25	-0.1	0.58	0.39	-0.47	-0.53		-0.34	0.39	0.02	0.39	0.39	-0.02	-0.44	0.64	-0.55	-0.52	0.37	0.45	0.63	0.31	0.66	-0.38
Net Income Per Share	0.05	-0.41	0.07	0.25	0.37	-0.45	-0.39	0.05	0.43	-0.34		0.11	-0.27	-0.52	-0.25	-0.12	0.17	-0.42	0.2	0.74	0.08	-0.29	-0.58	-0.24	-0.42	0.93
Payables Turnover	-0.06	0.36	-0.39	-0.56	0.23	0.51	-0.01	-0.06	-0.43	0.39	0.11		0.53	0.11	0.16	-0.37	-0.52	0.53	-0.78	-0.37	0.07	0.17	0.36	0.31	0.52	0.02
Average Inventory	0.21	0.56	-0.5	-0.84	-0.06	0.74	0.29	0.21	-0.62	0.02	-0.27	0.53		0.13	0.3	-0.07	-0.53	0.61	-0.69	-0.37	-0.17	0.3	0.41	0.31	0.59	-0.34
Cash Per Share	0.01	0.2	0.12	-0.22	-0.17	0.21	-0.09	0.01	-0.26	0.39	-0.52	0.11	0.13		-0.19	-0.17	-0.13	0.17	-0.42	-0.47	-0.12	-0.11	0.26	0.32	0.2	-0.31
Pocfratio	-0.34	0.39	-0.62	-0.07	-0.38	0.5	0.42	-0.34	-0.48	0.39	-0.25	0.16	0.3	-0.19		0.36	-0.33	0.78	-0.23	-0.35	0.23	1.0	0.78	0.22	0.78	-0.43
Interest Coverage	0.01	-0.25	-0.35	0.1	0.21	-0.09	0.07	0.01	0.01	-0.02	-0.12	-0.37	-0.07	-0.17	0.36		-0.19	0.08	0.12	0.01	-0.03	0.37	0.16	-0.05	0.07	-0.31
Capex To Operating Cash Flow	0.06	-0.17	0.88	0.55	-0.34	-0.52	-0.23	0.06	0.85	-0.44	0.17	-0.52	-0.53	-0.13	-0.33	-0.19		-0.68	0.72	0.5	-0.04	-0.37	-0.54	-0.3	-0.68	0.36
Pfcf Ratio	-0.31	0.58	-0.71	-0.46	-0.2	0.79	0.43	-0.31	-0.79	0.64	-0.42	0.53	0.61	0.17	0.78	0.08	-0.68		-0.7	-0.68	0.2	0.81	0.93	0.39	1.0	-0.54
Days Payables Outstanding	0.08	-0.36	0.56	0.72	-0.26	-0.65	-0.01	0.08	0.64	-0.55	0.2	-0.78	-0.69	-0.42	-0.23	0.12	0.72	-0.7		0.49	-0.05	-0.28	-0.52	-0.39	-0.71	0.3
Income Quality	-0.07	-0.49	0.32	0.4	0.21	-0.58	-0.37	-0.07	0.65	-0.52	0.74	-0.37	-0.37	-0.47	-0.35	0.01	0.5	-0.68	0.49		0.22	-0.4	-0.82	-0.62	-0.69	0.72
Roe	-0.97	0.05	-0.05	0.32	-0.07	0.06	0.02	-0.97	-0.06	0.37	0.08	0.07	-0.17	-0.12	0.23	-0.03	-0.04	0.2	-0.05	0.22		0.22	0.06	-0.71	0.19	0.06
Ev To Operating Cash Flow	-0.34	0.39	-0.64	-0.08	-0.36	0.52	0.42	-0.34	-0.51	0.45	-0.29	0.17	0.3	-0.11	1.0	0.37	-0.37	0.81	-0.28	-0.4	0.22		0.82	0.26	0.81	-0.47
Pe Ratio	-0.22	0.53	-0.56	-0.29	-0.31	0.67	0.43	-0.22	-0.69	0.63	-0.58	0.36	0.41	0.26	0.78	0.16	-0.54	0.93	-0.52	-0.82	0.06	0.82		0.51	0.93	-0.65
Return On Tangible Assets	0.61	0.38	-0.29	-0.5	-0.13	0.43	0.27	0.61	-0.39	0.31	-0.24	0.31	0.31	0.32	0.22	-0.05	-0.3	0.39	-0.39	-0.62	-0.71	0.26	0.51		0.42	-0.26
Ev To Free Cash Flow	-0.31	0.57	-0.7	-0.45	-0.2	0.78	0.42	-0.31	-0.79	0.66	-0.42	0.52	0.59	0.2	0.78	0.07	-0.68	1.0	-0.71	-0.69	0.19	0.81	0.93	0.42		-0.54
Earnings Yield	0.06	-0.33	0.34	0.33	0.18	-0.49	-0.41	0.06	0.52	-0.38	0.93	0.02	-0.34	-0.31	-0.43	-0.31	0.36	-0.54	0.3	0.72	0.06	-0.47	-0.65	-0.26	-0.54

Click cells to compare fundamentals

First Mining Account Relationship Matchups

First Mining fundamentals Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Ptb Ratio	0.56	1.06	0.94	0.65	0.47	0.44
Free Cash Flow Yield	(0.0826)	(0.0706)	(0.0858)	(0.28)	(0.21)	(0.2)
Operating Cash Flow Per Share	(0.007306)	(0.006546)	(0.009222)	(0.006884)	(0.006163)	(0.006471)
Capex To Depreciation	35.99	58.69	51.49	87.27	38.71	43.75
Pb Ratio	0.56	1.06	0.94	0.65	0.47	0.44
Free Cash Flow Per Share	(0.018)	(0.0343)	(0.0328)	(0.0555)	(0.0286)	(0.03)
Roic	(0.0242)	0.0941	0.13	0.003061	(0.0313)	(0.0329)
Net Income Per Share	(0.0121)	(0.0531)	(0.0886)	(0.0207)	(0.008507)	(0.008932)
Payables Turnover	0.22	0.17	0.0689	0.31	0.26	0.2
Cash Per Share	0.0134	0.0734	0.0614	0.0186	0.0151	0.0219
Pocfratio	(34.9)	(61.1)	(32.53)	(29.05)	(21.91)	(23.0)
Capex To Operating Cash Flow	(1.47)	(4.24)	(2.56)	(7.06)	(3.64)	(3.82)
Pfcf Ratio	(14.16)	(11.66)	(9.14)	(3.61)	(4.73)	(4.96)
Days Payables Outstanding	1.6K	2.1K	5.3K	1.2K	1.4K	1.3K
Income Quality	0.6	0.13	0.17	0.31	0.72	0.74
Roe	(0.0265)	(0.14)	(0.28)	(0.0671)	(0.0295)	(0.031)
Ev To Operating Cash Flow	(33.65)	(54.39)	(28.02)	(26.45)	(19.54)	(20.52)
Pe Ratio	(21.07)	(7.53)	(3.39)	(9.66)	(15.87)	(16.66)
Return On Tangible Assets	(0.0452)	(0.026)	(0.11)	(0.0573)	(0.0246)	(0.0258)
Ev To Free Cash Flow	(13.65)	(10.38)	(7.88)	(3.28)	(4.22)	(4.43)
Earnings Yield	(0.0475)	(0.13)	(0.3)	(0.1)	(0.063)	(0.0662)
Net Debt To E B I T D A	0.84	0.8	3.03	1.94	1.82	1.24
Current Ratio	3.27	1.23	4.41	1.61	1.19	1.13
Graham Number	0.35	0.67	0.8	0.38	0.23	0.25
Capex Per Share	0.0107	0.0278	0.0236	0.0486	0.0224	0.013
Graham Net Net	0.003855	(0.0133)	0.009977	(0.0341)	(0.0421)	(0.04)
Enterprise Value Over E B I T D A	(22.53)	(6.46)	(18.8)	(19.71)	(15.1)	(15.86)
Price Earnings Ratio	(21.07)	(7.53)	(3.39)	(9.66)	(15.87)	(16.66)
Price Book Value Ratio	0.56	1.06	0.94	0.65	0.47	0.44
Price Earnings To Growth Ratio	0.5	(0.0222)	(0.0507)	0.13	0.27	0.26
Days Of Payables Outstanding	1.6K	2.1K	5.3K	1.2K	1.4K	1.3K

Pair Trading with First Mining

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Mining will appreciate offsetting losses from the drop in the long position's value.

Moving against First Stock

0.32

FDY

Faraday Copper Corp

Pair Corr

The ability to find closely correlated positions to First Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Mining Gold to buy it.

The correlation of First Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Mining Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for First Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in First Stock

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Price Book Value Ratio	Price Earnings To Growth Ratio
Days Of Payables Outstanding	Dividend Payout Ratio
Price To Operating Cash Flows Ratio	Price To Free Cash Flows Ratio
Pretax Profit Margin	Ebt Per Ebit
Operating Profit Margin	Effective Tax Rate
Company Equity Multiplier	Long Term Debt To Capitalization
Total Debt To Capitalization	Return On Capital Employed
Debt Equity Ratio	Ebit Per Revenue
Quick Ratio	Dividend Paid And Capex Coverage Ratio
Net Income Per E B T	Cash Ratio
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

First Historical Financial Ratios

About First Financial Ratios Analysis

First Mining Financial Ratios Chart

Invested Capital

Average Payables

Payables Turnover

First Mining fundamentals Correlations

First Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Mining fundamentals Accounts

Pair Trading with First Mining

Moving against First Stock

Other Information on Investing in First Stock

COMMON DESTINATIONS

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Pb Ratio	+ 1.0	Ptb Ratio
Ev To Operating Cash Flow	+ 1.0	Pocfratio
Ev To Free Cash Flow	+ 1.0	Pfcf Ratio
Earnings Yield	+ 0.93	Net Income Per Share
Pe Ratio	+ 0.93	Pfcf Ratio
Ev To Free Cash Flow	+ 0.93	Pe Ratio

Roe	- 0.97	Pb Ratio
Roe	- 0.97	Ptb Ratio
Average Inventory	- 0.84	Invested Capital
Pe Ratio	- 0.82	Income Quality
Ev To Free Cash Flow	- 0.79	Free Cash Flow Per Share
Pfcf Ratio	- 0.79	Free Cash Flow Per Share