First Financial Statements From 2010 to 2024

FM Stock  CAD 18.69  0.22  1.16%   
First Quantum financial statements provide useful quarterly and yearly information to potential First Quantum Minerals investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on First Quantum financial statements helps investors assess First Quantum's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting First Quantum's valuation are summarized below:
Gross Profit
2.2 B
Profit Margin
(0.32)
Market Capitalization
15.8 B
Enterprise Value Revenue
3.5883
Revenue
4.8 B
We have found one hundred twenty available fundamental signals for First Quantum Minerals, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to verify First Quantum's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 27th of November 2024, Market Cap is likely to drop to about 4.6 B. In addition to that, Enterprise Value is likely to drop to about 6.6 B

First Quantum Total Revenue

6.78 Billion

Check First Quantum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Quantum's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Interest Expense of 673 M or Selling General Administrative of 149.1 M, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0092 or PTB Ratio of 0.52. First financial statements analysis is a perfect complement when working with First Quantum Valuation or Volatility modules.
  
This module can also supplement various First Quantum Technical models . Check out the analysis of First Quantum Correlation against competitors.

First Quantum Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets24.9 B23.8 B18.5 B
Slightly volatile
Short and Long Term Debt TotalB7.6 B5.6 B
Slightly volatile
Other Current Liabilities172.1 M182 M223.5 M
Slightly volatile
Total Current Liabilities2.1 BB1.5 B
Slightly volatile
Total Stockholder Equity10.8 B10.2 B8.2 B
Slightly volatile
Property Plant And Equipment Net19.5 B18.6 B14.6 B
Slightly volatile
Accounts Payable872.5 M831 M606.1 M
Slightly volatile
Cash660.9 M1.2 B910.2 M
Slightly volatile
Non Current Assets Total21.3 B20.3 B15.7 B
Slightly volatile
Non Currrent Assets Other823.2 M784 M454 M
Slightly volatile
Cash And Short Term Investments660.9 M1.2 B910.2 M
Slightly volatile
Net Receivables365.6 M586 M517.5 M
Slightly volatile
Common Stock Shares Outstanding481.4 M690.9 M588.1 M
Slightly volatile
Liabilities And Stockholders Equity24.9 B23.8 B18.5 B
Slightly volatile
Non Current Liabilities Total11.5 B11 B7.8 B
Slightly volatile
Inventory1.7 B1.6 B1.1 B
Slightly volatile
Other Current Assets99.1 M123 M133.3 M
Very volatile
Total Liabilities13.6 B13 B9.3 B
Slightly volatile
Property Plant And Equipment Gross30.6 B29.2 B17.3 B
Slightly volatile
Total Current Assets1.8 B3.5 B2.6 B
Slightly volatile
Short Term DebtB967 M644.9 M
Slightly volatile
Other Assets442.7 M504.9 M525 M
Slightly volatile
Common Stock Total Equity3.7 B6.5 B4.5 B
Slightly volatile
Common Stock4.1 B5.4 B4.5 B
Slightly volatile
Other Liabilities2.7 B3.5 B2.4 B
Slightly volatile
Net Tangible Assets10 B12.3 B9.1 B
Slightly volatile
Long Term Debt6.7 B6.6 B5.5 B
Slightly volatile
Good Will260.6 M272.6 M240.8 M
Slightly volatile
Long Term Investments593.8 M645 M459.2 M
Slightly volatile
Short and Long Term Debt833.3 M967 M1.6 B
Slightly volatile
Property Plant Equipment19 B21.9 B16.6 B
Slightly volatile
Long Term Debt Total7.1 B7.8 BB
Slightly volatile
Cash And Equivalents1.5 B1.9 B1.5 B
Pretty Stable
Net Invested Capital19.3 B17.8 B16.8 B
Slightly volatile
Net Working Capital1.6 B1.5 B1.3 B
Slightly volatile
Capital Stock4.4 B5.4 B5.5 B
Slightly volatile
Non Current Liabilities Other1.8 B2.1 B2.1 B
Slightly volatile

First Quantum Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.2 B1.1 B743.2 M
Slightly volatile
Selling General Administrative149.1 M142 M94.7 M
Slightly volatile
Total Revenue6.8 B6.5 B4.2 B
Slightly volatile
Gross Profit827.2 M1.3 BB
Slightly volatile
Other Operating Expenses5.6 B5.3 B3.2 B
Slightly volatile
Total Operating Expenses128 M144 M123.8 M
Slightly volatile
Cost Of Revenue5.4 B5.2 B3.1 B
Slightly volatile
Research Development17.5 M19.7 M21.5 M
Slightly volatile
Tax Provision409.1 M757 M427.4 M
Very volatile
Interest Income100.7 M106 M153.8 M
Slightly volatile
Reconciled Depreciation1.2 B1.1 B988.6 M
Slightly volatile

First Quantum Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow1.8 B1.7 B822.4 M
Slightly volatile
Capital Expenditures898.5 M1.3 B1.4 B
Pretty Stable
End Period Cash Flow532.3 M959 M714.4 M
Slightly volatile
Depreciation1.2 B1.1 B743.5 M
Slightly volatile
Stock Based Compensation52.5 M50 M26.4 M
Slightly volatile
Dividends Paid97.7 M93 M45.9 M
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.830.875432.0435
Slightly volatile
Dividend Yield0.00920.01650.006
Very volatile
PTB Ratio0.520.55151.0981
Slightly volatile
Days Sales Outstanding31.4733.1304228
Slightly volatile
Book Value Per Share16.3815.600514.234
Slightly volatile
Invested Capital1.3 B1.4 B1.6 B
Slightly volatile
Average Payables218.1 M207.7 M213.5 M
Slightly volatile
Stock Based Compensation To Revenue0.00460.00770.006
Very volatile
Capex To Depreciation1.11.15972.9471
Slightly volatile
PB Ratio0.520.55151.0981
Slightly volatile
EV To Sales1.781.869853.1754
Slightly volatile
Inventory Turnover3.223.24172.7971
Pretty Stable
Days Of Inventory On Hand112113140
Slightly volatile
Payables Turnover3.256.22174.7853
Slightly volatile
Sales General And Administrative To Revenue0.02630.0220.0243
Slightly volatile
Average Inventory291.8 M277.9 M285.7 M
Slightly volatile
Research And Ddevelopement To Revenue0.01380.01550.0169
Slightly volatile
Capex To Revenue0.190.201436.7038
Slightly volatile
Cash Per Share0.851.67471.3809
Slightly volatile
Interest Coverage0.120.121740.243
Slightly volatile
Days Payables Outstanding55.7358.665886.6818
Slightly volatile
Tangible Asset Value932.7 MB1.1 B
Slightly volatile
Intangibles To Total Assets0.01170.010.012
Slightly volatile
Current Ratio1.371.72351.9384
Pretty Stable
Tangible Book Value Per Share16.0215.257413.9472
Slightly volatile
Receivables Turnover7.3111.01719.8036
Pretty Stable
Graham Number22.5421.466615.4479
Pretty Stable
Shareholders Equity Per Share15.5714.831912.7634
Slightly volatile
Debt To Equity0.480.73940.6612
Slightly volatile
Capex Per Share1.211.88172.2399
Slightly volatile
Average Receivables20.8 M38.2 M38.5 M
Very volatile
Revenue Per Share9.819.34476.4732
Slightly volatile
Interest Debt Per Share12.4911.8959.5142
Slightly volatile
Debt To Assets0.20.31890.2851
Slightly volatile
Short Term Coverage Ratios1.41.47573.9537
Slightly volatile
Operating Cycle148146180
Slightly volatile
Price Book Value Ratio0.520.55151.0981
Slightly volatile
Days Of Payables Outstanding55.7358.665886.6818
Slightly volatile
Company Equity Multiplier2.512.31852.198
Slightly volatile
Long Term Debt To Capitalization0.260.39210.3463
Slightly volatile
Total Debt To Capitalization0.280.42510.3695
Slightly volatile
Debt Equity Ratio0.480.73940.6612
Slightly volatile
Quick Ratio0.850.92971.1134
Very volatile
Cash Ratio0.480.57650.6045
Pretty Stable
Days Of Inventory Outstanding112113140
Slightly volatile
Days Of Sales Outstanding31.4733.1304228
Slightly volatile
Price To Book Ratio0.520.55151.0981
Slightly volatile
Fixed Asset Turnover0.620.34740.3174
Pretty Stable
Debt Ratio0.20.31890.2851
Slightly volatile
Price Sales Ratio0.830.875432.0435
Slightly volatile
Asset Turnover0.410.27170.2375
Pretty Stable
Gross Profit Margin0.40.20010.2746
Pretty Stable
Price Fair Value0.520.55151.0981
Slightly volatile

First Quantum Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap4.6 B5.7 B8.2 B
Pretty Stable
Enterprise Value6.6 B12.1 B12.5 B
Slightly volatile

First Fundamental Market Drivers

Forward Price Earnings65.7895
Cash And Short Term Investments1.2 B

About First Quantum Financial Statements

First Quantum investors utilize fundamental indicators, such as revenue or net income, to predict how First Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue31.1 M29.5 M
Total Revenue6.5 B6.8 B
Cost Of Revenue5.2 B5.4 B
Sales General And Administrative To Revenue 0.02  0.03 
Research And Ddevelopement To Revenue 0.02  0.01 
Capex To Revenue 0.20  0.19 
Revenue Per Share 9.34  9.81 
Ebit Per Revenue 0.01  0.01 

Pair Trading with First Quantum

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 Quantum 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 Quantum will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

  0.69AG First Majestic SilverPairCorr
  0.72IE Ivanhoe EnergyPairCorr
  0.76FDY Faraday Copper CorpPairCorr

Moving against First Stock

  0.42INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to First Quantum 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 Quantum 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 Quantum - 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 Quantum Minerals to buy it.
The correlation of First Quantum 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 Quantum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Quantum Minerals 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 Quantum 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 CorrelationCorrelation Matching

Other Information on Investing in First Stock

First Quantum 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 Quantum security.