| FF Stock | | | CAD 0.13 0.01 7.14% |
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 Invested Capital and its Free Cash Flow Per Share 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.
Invested Capital vs Free Cash Flow Per Share
Invested Capital vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
First Mining Gold Invested Capital account and
Free Cash Flow Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between First Mining's Invested Capital and Free Cash Flow Per Share is 0.61. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Free Cash Flow Per Share 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 Invested Capital and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of First Mining Gold are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Invested Capital i.e., First Mining's Invested Capital and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | 0.61 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
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.
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
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 25th of November 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)
First Mining fundamental ratios Correlations
Click cells to compare fundamentals
First Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Mining fundamental ratios Accounts
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.