First Mining Debt To Equity vs. Net Income

FF Stock  CAD 0.43  -0.04  -8.51%   
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 April. 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
0.00104
 Current Value
0.000988
 Quarterly Volatility
0.00443599
Macro event markers
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Net Income Per E B T is showing structural movement consistent with a rebounding trend. Year-ago financials show First Mining with Net Income Per E B T of 0.98. Per market data dated March 20, 2026, Free Cash Flow Operating Cash Flow Ratio is projected to grow to 5.99, whereas our analysis places PTB Ratio near 0.52 following downward revisions. Per market data dated March 20, 2026, Gross Profit is projected to grow to approximately -415.5 K.
Profitability ratios for First Mining Gold measure how effectively resources convert into earnings. All ratios are based on standardized financial reporting inputs. Multi-period profitability trends help frame the stability of earnings generation. The dataset captures profitability as reported in public financial disclosures.
  
Investing Opportunities.
By analyzing First Mining's earnings estimates, investors can diagnose trend shifts in analyst expectations and compare EPS projections across timeframes. For First Mining, EPS is most informative when read together with margin stability and cash-flow conversion. Consensus projections for First Mining Gold reference EPS measures that strip out non-recurring items. The estimates may reflect stock option expense as part of the total.
Macro event markers
 
Covid
 
Interest Hikes
As of 31st of December 2024, First Mining EPS is estimated at 0.0. The consensus for First Mining Gold integrates analyst inputs with observed historical earnings variability. The information is sourced from company financial filings.. Earnings estimates provide context for forward-looking performance discussion. Earnings context for First Mining is presented alongside other analytical inputs. Financial data is sourced from standardized regulatory submissions. The content reflects structured data inputs rather than subjective analysis.
The concept of value for First Mining differs from its quoted price, since each reflects a different lens. For First Mining, key inputs include a P/B ratio of 2.75, and ROE of -11.98%.

First Mining Gold Net Income 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 is rated below average in net income compared to key competitors . 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 Net Income 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

 = 
0.002 %
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

First Mining

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
-15.31 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

First Net Income Comparison

First Mining is currently under evaluation in net income compared to key competitors.

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 ReportedEnd Of Year Estimate
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 Income2.9 MM
Net Interest Income1.4 M1.4 M
Change To Netincome13.8 M9.1 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.
The Correlation analysis framework supports pair trading and hedging evaluation for First Mining. The approach can be applied within sectors or across broader universes.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your First Mining position

First Mining Gold Basic Materials sector classification and 587.24 Million smaller-cap scale make it a natural anchor for themes targeting Gold exposure. Building a Basic Materials theme from First Mining Gold 587.24 Million position turns a single Gold conviction into a risk-managed basket.

Did You Try This Idea?

Run Aluminum Thematic Idea Now

Aluminum
Aluminum Theme
Companies involved in production of aluminum. The Aluminum theme has 40 constituents at this time.
Investors can hold the Aluminum Theme as a long-term basket or actively trade individual constituents to capture short-term price movement.
View All  Next Launch

More Resources for First Stock Analysis

Other Information on Investing in First Stock

First Mining's profitability outlook is grounded in historical financial statement analysis. The primary documents are the income statement, balance sheet, and cash flow statement. The figures reflect publicly disclosed earnings, balance sheet, and cash flow data. The information is analytical in nature and is not intended as a specific recommendation.
Observed trends in First Mining's financial reports frame how the business is evolving. Financial statement linkages mean that balance sheet changes shape income and cash flow context.