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Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. First Quantum Minerals's Total Liabilities for the quarter that ended in Jun. 2026 was $13,486 Mil. First Quantum Minerals's Total Assets for the quarter that ended in Jun. 2026 was $25,072 Mil.
Therefore, First Quantum Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 was 0.54.
First Quantum Minerals (OTCPK:FQVLF) Liabilities-to-Assets Explanation
Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.
First Quantum Minerals Liabilities-to-Assets Related Terms
First Quantum Minerals Liabilities-to-Assets Historical Data
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The historical data trend for First Quantum Minerals's Liabilities-to-Assets 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.
First Quantum Minerals Liabilities-to-Assets Chart
FQVLF vs SCCO, FCX: Liabilities-to-Assets Comparison
For the Copper subindustry, First Quantum Minerals's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Quantum Minerals Liabilities-to-Assets vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, First Quantum Minerals's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where First Quantum Minerals's Liabilities-to-Assets falls into.
First Quantum Minerals Liabilities-to-Assets Calculation
Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.
First Quantum Minerals's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:
* 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 Quantum Minerals (FQVLF) has a Liabilities-to-Assets of 0.54 as of Jun. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on First Quantum Minerals and its competitors.
Is First Quantum Minerals' Liabilities-to-Assets too high?
First Quantum Minerals' current Liabilities-to-Assets is 0.54. Overall, First Quantum Minerals has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Quantum Minerals' Liabilities-to-Assets compare to SCCO and FCX?
First Quantum Minerals' Liabilities-to-Assets of 0.54 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Metals & Mining company?
A good Liabilities-to-Assets depends on the Metals & Mining industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on First Quantum Minerals and its competitors. First Quantum Minerals's current Liabilities-to-Assets is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Quantum Minerals stock overvalued right now?
Based on GuruFocus' analysis, First Quantum Minerals (FQVLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.52, compared to a current price of $34.44 — trading 108.5% above its estimated fair value. The current Liabilities-to-Assets is 0.54. First Quantum Minerals' overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For First Quantum Minerals (FQVLF), the current Liabilities-to-Assets is 0.54 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Quantum Minerals (FQVLF) Overvalued in 2026?
Based on GuruFocus' analysis, First Quantum Minerals stock appears to be overvalued.
The current stock price of $34.44 is trading 108.5% above its estimated GF Value™ of $16.52.
GuruFocus considers First Quantum Minerals to be Significantly Overvalued.
Key valuation signals for FQVLF:
Liabilities-to-Assets: 0.54
GF Value™: $16.52 vs. price of $34.44 (108.5% above fair value)
No single metric tells the full story. See the FQVLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Quantum Minerals Ltd is a diversified mining company. The company's principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite. It has operating mines located in Zambia, Panama, Turkey, Spain, Australia, and Mauritania. The company's reportable operating segments are Cobre Panama, Kansanshi, and Trident.
66GF Score
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