First Mining Total Debt vs. Return On Asset

FF Stock  CAD 0.14  0.01  7.69%   
Considering the key profitability indicators obtained from First Mining's historical financial statements, First Mining Gold may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess First Mining's ability to earn profits and add value for shareholders. At this time, First Mining's Average Receivables is very stable compared to the past year. As of the 12th of December 2024, Interest Debt Per Share is likely to grow to 0.02, while PTB Ratio is likely to drop 0.44.
For First Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First Mining Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First Mining Gold over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between First Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

First Mining Gold Return On Asset vs. Total Debt Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining First Mining's current stock value. Our valuation model uses many indicators to compare First Mining value to that of its competitors to determine the firm's financial worth.
First Mining Gold is rated # 4 in total debt category among its peers. It is rated # 3 in return on asset category among its peers . As of the 12th of December 2024, Return On Assets is likely to drop to -0.03. Comparative valuation analysis is a catch-all model that can be used if you cannot value First Mining by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for First Mining's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

First Total Debt vs. Competition

First Mining Gold is rated # 4 in total debt category among its peers. Total debt of Materials industry is currently estimated at about 16.64 Million. First Mining claims roughly 172,000 in total debt contributing just under 2% to all equities under Materials industry.
Total debt  Revenue  Valuation  Workforce  Capitalization

First Return On Asset vs. Total Debt

Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

First Mining

Total Debt

 = 

Bonds

+

Notes

 = 
172 K
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

First Mining

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.0738
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

First Return On Asset Comparison

First Mining is currently under evaluation in return on asset category among its peers.

First Mining Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in First Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First Mining will eventually generate negative long term returns. The profitability progress is the general direction of First Mining's change in net profit over the period of time. It can combine multiple indicators of First Mining, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income49.1 M51.5 M
Operating Income-9.6 M-9.1 M
Net Loss-7 M-7.4 M
Income Tax Expense-1.6 M-1.5 M
Income Before Tax-7.1 M-7.4 M
Total Other Income Expense Net2.5 M2.6 M
Net Loss-7 M-7.4 M
Net Loss-14.7 M-15.4 M
Interest Income941 K829.7 K
Net Interest Income941 K988 K
Change To Netincome13.8 M9.1 M
Net Loss(0.01)(0.01)
Income Quality 0.72  0.74 
Net Income Per E B T 0.99  1.30 

First Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on First Mining. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of First Mining position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the First Mining's important profitability drivers and their relationship over time.

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Other Information on Investing in First Stock

To fully project First Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of First Mining Gold at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include First Mining's income statement, its balance sheet, and the statement of cash flows.
Potential First Mining investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although First Mining investors may work on each financial statement separately, they are all related. The changes in First Mining's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Mining's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.