First Mining Debt To Equity vs. Current Valuation
| FF Stock | CAD 0.52 -0.04 -7.14% |
Debt To Equity | First Reported 2010-12-31 | Previous Quarter 0.00104 | Current Value 0.000988 | Quarterly Volatility 0.00443599 |
Macro event markers
The module aggregates profitability drivers for First Mining with ratios tied to revenue, assets, and equity.
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Macro event markers
First Mining Gold Current Valuation vs. Debt To Equity Fundamental Analysis
Cross-company financial ratios help determine First Mining's valuation standing. First Mining Gold lands at #4 in debt to equity compared to key competitors. It lands at #3 in current valuation compared to key competitors producing 340,530,826,500 in Current Valuation for each unit of Debt To Equity. Financial indicators imply that Debt To Equity is moving in a rebounding direction. Debt To Equity was last measured at 0.001. Relative valuation techniques benchmark First Mining across industry multiples.First Current Valuation 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 |
| = | 0.002 % |
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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
First Mining |
| = | 681.06 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
First Current Valuation vs Competition
First Mining Gold lands at #3 in current valuation compared to key competitors. After adjusting for long-term liabilities, total market size of Materials industry is currently estimated at about 5.21 Billion. First Mining retains roughly 681.06 Million in current valuation claiming about 13% of all equities under Materials space.
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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -6.2 M | -5.9 M | |
| Operating Income | -7 M | -6.7 M | |
| Net Loss | -13.8 M | -13.1 M | |
| Income Tax Expense | -2.4 M | -2.2 M | |
| Income Before Tax | -16.2 M | -17 M | |
| Total Other Income Expense Net | -8.6 M | -8.2 M | |
| Net Loss | -13.8 M | -14.5 M | |
| Net Loss | -13.8 M | -14.5 M | |
| Interest Income | 2.9 M | 3 M | |
| Net Interest Income | 1.4 M | 1.4 M | |
| Change To Netincome | 13.8 M | 9.1 M | |
| Net Loss | -0.02 | -0.02 | |
| Income Quality | 0.30 | 0.28 | |
| Net Income Per E B T | 0.98 | 1.24 |
First Profitability Driver Comparison
Profitability drivers for First Mining are the financial and operational factors with the greatest impact on its earnings. Investors must anticipate a wide variety of external disruptions that can affect First Mining's profit margins, market performance, and overall investment attractiveness.
Earnings per Share Projection vs Actual
Use First Mining in pair-trading
Using First Mining in a pair-trading setup can improve risk control because gains and losses are judged against a second position instead of against the market alone. A disciplined pair strategy still requires monitoring because correlation can weaken when market regimes change.
First Mining Pair Trading
First Mining Gold Pair Trading Analysis
The information in the correlation table below can inform First Mining tax-loss harvesting decisions, showing which instruments historically move in lockstep with First Mining Gold and can serve as viable temporary replacements.
Negative correlation assets provide natural hedges against First Mining positions. When First Mining Gold's value declines, a negatively correlated instrument tends to rise, partially offsetting portfolio losses.
Pair evaluation and Correlation analysis for First Mining provide hedging context. This approach is commonly reviewed within sectors and across broader groups.Use Investing Themes to Complement your First Mining position
First Mining Gold Basic Materials sector classification and 718.51 Million smaller-cap scale make it a natural anchor for themes targeting Gold exposure. Building a Basic Materials theme from First Mining Gold 718.51 Million position turns a single Gold conviction into a risk-managed basket.
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Other Information on Investing in First Stock
Projecting First Mining's profitability begins with historical financial statements. Core statements include the income statement, balance sheet, and cash-flow statement.