First Total Assets from 2010 to 2026
| FM Stock | CAD 36.22 0.37 1.01% |
Total Assets | First Reported 1996-12-31 | Previous Quarter 24.8 B | Current Value 25.2 B | Quarterly Volatility 10.4 B |
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 452.5 M, Interest Expense of 641.5 M or Selling General Administrative of 174.3 M, as well as many indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.0199 or PTB Ratio of 1.02. First financial statements analysis is a perfect complement when working with First Quantum Valuation or Volatility modules.
First | Total Assets |
Evaluating First Quantum's Total Assets across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into First Quantum Minerals's fundamental strength.
Latest First Quantum's Total Assets Growth Pattern
Below is the plot of the Total Assets of First Quantum Minerals over the last few years. Total assets refers to the total amount of First Quantum assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in First Quantum Minerals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. First Quantum's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Quantum's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 25.24 B | 10 Years Trend |
|
Total Assets |
| Timeline |
First Total Assets Regression Statistics
| Arithmetic Mean | 19,317,234,366 | |
| Geometric Mean | 13,640,271,478 | |
| Coefficient Of Variation | 40.89 | |
| Mean Deviation | 6,010,508,468 | |
| Median | 23,537,000,000 | |
| Standard Deviation | 7,898,655,115 | |
| Sample Variance | 62388752.6T | |
| Range | 26.4B | |
| R-Value | 0.87 | |
| Mean Square Error | 16485894.6T | |
| R-Squared | 0.75 | |
| Slope | 1,356,657,172 | |
| Total Sum of Squares | 998220042T |
First Total Assets History
About First Quantum Financial Statements
First Quantum investors utilize fundamental indicators, such as Total Assets, 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 Reported | Projected for Next Year | ||
| Total Assets | 25.2 B | 26.5 B | |
| Intangibles To Total Assets | 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
| 0.91 | AG | First Majestic Silver Earnings Call This Week | PairCorr |
| 0.95 | IE | Ivanhoe Energy | PairCorr |
| 0.85 | ORE | Orezone Gold Corp | PairCorr |
| 0.93 | FDY | Faraday Copper Corp | PairCorr |
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.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.