First Mining Debt To Equity vs. Total Debt

FF Stock  CAD 0.13  0.01  7.14%   
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 December. Profitability indicators assess First Mining's ability to earn profits and add value for shareholders.
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
0.0111
Current Value
0.0151
Quarterly Volatility
0.00403221
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, First Mining's Average Receivables is very stable compared to the past year. As of the 29th of November 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.
  
Check out Investing Opportunities.
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 Total Debt vs. Debt To Equity 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 # 2 in debt to equity category among its peers. It is rated # 4 in total debt category among its peers making up about  86,000,000  of Total Debt per Debt To Equity. At this time, First Mining's Debt To Equity is very stable compared to the past year. 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. Debt To Equity

Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

First Mining

D/E

 = 

Total Debt

Total Equity

 = 
0 %
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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.

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  Capitalization  Revenue  Valuation  Workforce

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.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in First Mining without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Earnings Calls Now

   

Earnings Calls

Check upcoming earnings announcements updated hourly across public exchanges
All  Next Launch Module

Use Investing Themes to Complement your First Mining position

In addition to having First Mining in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Food Products Thematic Idea Now

Food Products
Food Products Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Food Products theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Food Products Theme or any other thematic opportunities.
View All  Next Launch

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.