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First Mining Gold (First Mining Gold) Debt-to-Asset : 0.00 (As of Mar. 2024)


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What is First Mining Gold Debt-to-Asset?

First Mining Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.08 Mil. First Mining Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.16 Mil. First Mining Gold's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $200.60 Mil. First Mining Gold's debt to asset for the quarter that ended in Mar. 2024 was 0.00.


First Mining Gold Debt-to-Asset Historical Data

The historical data trend for First Mining Gold's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Mining Gold Debt-to-Asset Chart

First Mining Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
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First Mining Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of First Mining Gold's Debt-to-Asset

For the Gold subindustry, First Mining Gold's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Mining Gold's Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, First Mining Gold's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where First Mining Gold's Debt-to-Asset falls into.



First Mining Gold Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

First Mining Gold's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

First Mining Gold's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.084 + 0.157) / 200.597
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Mining Gold  (OTCPK:FFMGF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


First Mining Gold Debt-to-Asset Related Terms

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First Mining Gold (First Mining Gold) Business Description

Traded in Other Exchanges
Address
1188 West Georgia Street, Suite 2070, Vancouver, BC, CAN, V6E 4A2
First Mining Gold Corp is engaged in the acquisition, exploration, development and selective disposition of its North American mineral properties. It is engaged in advancing a portfolio of gold projects in Canada, with the project being the Springpole Gold Project in northwestern Ontario. The company also holds an equity position in Treasury Metals which is advancing the Goliath Gold Complex toward construction. Its portfolio of gold projects in eastern Canada also includes Hope Brook, Cameron, Duparquet, Duquesne, and Pitt gold projects. In addition, the Company holds an interest in the PC Gold legal entity which holds the Pickle Crow gold project.