First Mining Gold Balance Sheet Health
Financial Health criteria checks 5/6
First Mining Gold has a total shareholder equity of CA$215.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$278.9M and CA$63.2M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$13.21m |
Equity | CA$215.73m |
Total liabilities | CA$63.17m |
Total assets | CA$278.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FF's short term assets (CA$14.0M) exceed its short term liabilities (CA$12.1M).
Long Term Liabilities: FF's short term assets (CA$14.0M) do not cover its long term liabilities (CA$51.1M).
Debt to Equity History and Analysis
Debt Level: FF is debt free.
Reducing Debt: FF had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FF has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FF is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.