First Cash Per Share vs Invested Capital Analysis

FF Stock

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First Mining financial indicator trend analysis is much more than just examining First Mining Gold latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Mining Gold is a good investment. Please check the relationship between First Mining Cash Per Share and its Invested Capital accounts. 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.

Cash Per Share vs Invested Capital

Cash Per Share vs Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Mining Gold Cash Per Share account and Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between First Mining's Cash Per Share and Invested Capital is -0.22. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Invested Capital in the same time period over historical financial statements of First Mining Gold, assuming nothing else is changed. The correlation between historical values of First Mining's Cash Per Share and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of First Mining Gold are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Cash Per Share i.e., First Mining's Cash Per Share and Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.22

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash Per Share

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.

Most indicators from First Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.

As of the 2nd of December 2024, Selling General Administrative is likely to drop to about 3.6 M. In addition to that, Tax Provision is likely to grow to about (1.5 M)

	2023	2024 (projected)
Non Recurring	83.9K	74.5K
Research Development	1.6M	1.7M

Non Recurring Research Development

First Mining fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Total Equity	Inventory	Common Stock	Short Long Term Debt Total	Net Tangible Assets	Current Deferred Revenue	Short Long Term Debt
Total Assets		0.5	0.94	-0.73	-0.75	0.56	0.71	0.67	0.59	0.95	0.76	0.47	0.64	0.68	0.44	0.96	0.98	0.78	0.62	0.96	0.62	0.97	0.35	0.98	0.31	0.16
Total Current Liabilities	0.5		0.38	-0.57	-0.61	0.34	0.55	0.65	0.83	0.51	0.34	0.53	0.82	0.66	0.98	0.31	0.45	0.86	0.84	0.49	0.27	0.5	-0.01	0.4	0.91	0.1
Total Stockholder Equity	0.94	0.38		-0.71	-0.56	0.43	0.72	0.67	0.57	0.83	0.75	0.5	0.42	0.68	0.36	0.97	0.98	0.73	0.57	0.96	0.65	0.95	0.47	0.98	0.28	0.1
Net Debt	-0.73	-0.57	-0.71		0.55	-0.39	-1.0	-0.98	-0.81	-0.65	-0.63	-0.75	-0.57	-0.98	-0.56	-0.6	-0.68	-0.8	-0.53	-0.73	-0.45	-0.73	-0.42	-0.71	-0.5	0.1
Retained Earnings	-0.75	-0.61	-0.56	0.55		-0.63	-0.5	-0.49	-0.39	-0.89	-0.63	-0.47	-0.93	-0.49	-0.52	-0.61	-0.69	-0.68	-0.52	-0.74	-0.36	-0.78	0.14	-0.64	-0.24	-0.07
Accounts Payable	0.56	0.34	0.43	-0.39	-0.63		0.37	0.37	0.24	0.59	0.42	0.27	0.58	0.37	0.2	0.48	0.51	0.43	0.27	0.53	0.42	0.55	0.3	0.5	0.05	0.67
Cash	0.71	0.55	0.72	-1.0	-0.5	0.37		0.98	0.82	0.61	0.63	0.76	0.52	0.98	0.54	0.6	0.67	0.78	0.53	0.72	0.46	0.72	0.48	0.7	0.49	-0.08
Cash And Short Term Investments	0.67	0.65	0.67	-0.98	-0.49	0.37	0.98		0.86	0.58	0.56	0.77	0.55	1.0	0.65	0.54	0.63	0.85	0.56	0.69	0.44	0.68	0.4	0.65	0.62	-0.08
Net Receivables	0.59	0.83	0.57	-0.81	-0.39	0.24	0.82	0.86		0.46	0.46	0.63	0.58	0.87	0.84	0.45	0.55	0.83	0.82	0.58	0.39	0.57	0.45	0.56	0.85	0.07
Common Stock Shares Outstanding	0.95	0.51	0.83	-0.65	-0.89	0.59	0.61	0.58	0.46		0.73	0.43	0.77	0.58	0.43	0.88	0.91	0.74	0.55	0.91	0.53	0.94	0.1	0.9	0.23	0.08
Other Current Assets	0.76	0.34	0.75	-0.63	-0.63	0.42	0.63	0.56	0.46	0.73		0.58	0.51	0.56	0.3	0.75	0.77	0.59	0.46	0.78	0.36	0.79	0.34	0.75	0.15	0.07
Other Stockholder Equity	0.47	0.53	0.5	-0.75	-0.47	0.27	0.76	0.77	0.63	0.43	0.58		0.48	0.77	0.55	0.37	0.46	0.71	0.47	0.54	0.43	0.54	0.2	0.44	0.48	-0.02
Total Liab	0.64	0.82	0.42	-0.57	-0.93	0.58	0.52	0.55	0.58	0.77	0.51	0.48		0.56	0.74	0.44	0.56	0.75	0.66	0.62	0.29	0.65	-0.14	0.51	0.51	0.11
Total Current Assets	0.68	0.66	0.68	-0.98	-0.49	0.37	0.98	1.0	0.87	0.58	0.56	0.77	0.56		0.66	0.54	0.63	0.85	0.58	0.69	0.44	0.68	0.41	0.66	0.63	-0.07
Other Current Liab	0.44	0.98	0.36	-0.56	-0.52	0.2	0.54	0.65	0.84	0.43	0.3	0.55	0.74	0.66		0.26	0.4	0.84	0.83	0.46	0.24	0.46	-0.05	0.36	0.94	-0.03
Property Plant And Equipment Net	0.96	0.31	0.97	-0.6	-0.61	0.48	0.6	0.54	0.45	0.88	0.75	0.37	0.44	0.54	0.26		0.99	0.64	0.53	0.95	0.63	0.95	0.42	0.99	0.16	0.16
Non Current Assets Total	0.98	0.45	0.98	-0.68	-0.69	0.51	0.67	0.63	0.55	0.91	0.77	0.46	0.56	0.63	0.4	0.99		0.75	0.61	0.98	0.64	0.99	0.37	0.99	0.28	0.14
Non Currrent Assets Other	0.78	0.86	0.73	-0.8	-0.68	0.43	0.78	0.85	0.83	0.74	0.59	0.71	0.75	0.85	0.84	0.64	0.75		0.75	0.78	0.5	0.79	0.17	0.73	0.77	0.04
Other Assets	0.62	0.84	0.57	-0.53	-0.52	0.27	0.53	0.56	0.82	0.55	0.46	0.47	0.66	0.58	0.83	0.53	0.61	0.75		0.61	0.39	0.61	0.24	0.58	0.77	0.21
Common Stock Total Equity	0.96	0.49	0.96	-0.73	-0.74	0.53	0.72	0.69	0.58	0.91	0.78	0.54	0.62	0.69	0.46	0.95	0.98	0.78	0.61		0.62	1.0	0.31	0.97	0.31	0.08
Inventory	0.62	0.27	0.65	-0.45	-0.36	0.42	0.46	0.44	0.39	0.53	0.36	0.43	0.29	0.44	0.24	0.63	0.64	0.5	0.39	0.62		0.62	0.41	0.64	0.2	0.39
Common Stock	0.97	0.5	0.95	-0.73	-0.78	0.55	0.72	0.68	0.57	0.94	0.79	0.54	0.65	0.68	0.46	0.95	0.99	0.79	0.61	1.0	0.62		0.3	0.97	0.3	0.1
Short Long Term Debt Total	0.35	-0.01	0.47	-0.42	0.14	0.3	0.48	0.4	0.45	0.1	0.34	0.2	-0.14	0.41	-0.05	0.42	0.37	0.17	0.24	0.31	0.41	0.3		0.43	0.06	0.51
Net Tangible Assets	0.98	0.4	0.98	-0.71	-0.64	0.5	0.7	0.65	0.56	0.9	0.75	0.44	0.51	0.66	0.36	0.99	0.99	0.73	0.58	0.97	0.64	0.97	0.43		0.26	0.14
Current Deferred Revenue	0.31	0.91	0.28	-0.5	-0.24	0.05	0.49	0.62	0.85	0.23	0.15	0.48	0.51	0.63	0.94	0.16	0.28	0.77	0.77	0.31	0.2	0.3	0.06	0.26		-0.02
Short Long Term Debt	0.16	0.1	0.1	0.1	-0.07	0.67	-0.08	-0.08	0.07	0.08	0.07	-0.02	0.11	-0.07	-0.03	0.16	0.14	0.04	0.21	0.08	0.39	0.1	0.51	0.14	-0.02

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First Mining Account Relationship Matchups

First Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	268.0M	301.2M	260.3M	266.9M	286.1M	300.4M
Total Current Liabilities	2.5M	40.8M	10.0M	9.2M	11.2M	11.7M
Total Stockholder Equity	262.3M	243.6M	223.9M	227.7M	238.4M	121.0M
Net Debt	(5.3M)	(28.3M)	(29.1M)	(13.2M)	(12.0M)	(11.4M)
Retained Earnings	(50.0M)	(116.9M)	(142.3M)	(158.5M)	(165.6M)	(157.3M)
Accounts Payable	768K	837K	2.4M	750K	1.8M	1.9M
Cash	5.9M	28.9M	29.5M	13.6M	12.2M	8.5M
Cash And Short Term Investments	7.7M	47.3M	42.9M	13.7M	12.5M	11.2M
Net Receivables	303K	2.3M	604K	499K	500K	382.2K
Common Stock Shares Outstanding	574.9M	644.9M	698.7M	738.2M	827.0M	868.3M
Liabilities And Stockholders Equity	268.0M	301.2M	260.3M	266.9M	286.1M	300.4M
Other Current Assets	349K	354K	405K	619K	375K	317.8K
Total Liab	5.7M	57.7M	36.4M	39.3M	47.7M	50.1M
Total Current Assets	8.3M	50.0M	43.9M	14.9M	13.3M	11.8M
Other Current Liab	1.7M	39.9M	7.4M	8.4M	9.2M	4.7M
Property Plant And Equipment Net	254.1M	180.0M	171.1M	222.5M	246.3M	173.4M
Non Current Assets Total	259.7M	251.2M	216.4M	252.1M	272.7M	191.0M
Non Currrent Assets Other	222K	650K	399K	270K	181K	218.3K
Other Assets	206K	0.0	650K	270K	310.5K	168.5K
Common Stock Total Equity	272.5M	275.1M	282.7M	317.2M	364.7M	185.6M
Common Stock	282.7M	317.2M	318.5M	341.0M	354.9M	232.2M
Net Tangible Assets	262.3M	243.6M	223.9M	227.7M	261.8M	204.4M
Accumulated Other Comprehensive Income	(3.6M)	(1.4M)	410K	(4.3M)	49.1M	51.5M
Short Term Debt	94K	112K	127K	143K	158K	150.1K
Property Plant Equipment	258.8M	186.7M	177.5M	222.5M	255.9M	185.3M
Long Term Investments	5.4M	70.5M	44.9M	29.3M	26.2M	20.9M
Short Term Investments	1.8M	18.4M	13.4M	184K	263K	249.9K
Property Plant And Equipment Gross	240.6M	244.8M	254.1M	180.0M	207.0M	229.4M
Long Term Debt Total	554K	442K	315K	172K	154.8K	147.1K
Non Current Liabilities Total	3.1M	16.8M	26.4M	30.0M	36.5M	38.3M
Cash And Equivalents	5.9M	28.9M	29.5M	13.6M	12.2M	15.0M
Net Invested Capital	262.3M	243.6M	223.9M	227.7M	238.4M	196.3M
Net Working Capital	5.8M	9.2M	34.0M	5.6M	2.2M	2.1M
Capital Stock	282.7M	317.2M	318.5M	341.0M	354.9M	346.4M

Other Information on Investing in First Stock

Balance Sheet is a snapshot of the financial position of First Mining Gold at a specified time, usually calculated after every quarter, six months, or one year. First Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of First Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which First currently owns. An asset can also be divided into two categories, current and non-current.

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First Cash Per Share vs Invested Capital Analysis

Cash Per Share vs Invested Capital

Cash Per Share vs Invested Capital Correlation Analysis

Correlation Coefficient

Cash Per Share

Invested Capital

First Mining fundamental ratios Correlations

First Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Mining fundamental ratios Accounts

Other Information on Investing in First Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Net Tangible Assets	+ 0.99	Property Plant And Equipment Net
Common Stock	+ 0.99	Non Current Assets Total
Net Tangible Assets	+ 0.99	Non Current Assets Total

Cash	- 1.0	Net Debt
Total Current Assets	- 0.98	Net Debt
Cash And Short Term Investments	- 0.98	Net Debt
Total Liab	- 0.93	Retained Earnings
Common Stock Shares Outstanding	- 0.89	Retained Earnings
Net Receivables	- 0.81	Net Debt