FQVLF (First Quantum Minerals) LT-Debt-to-Total-Asset: 0.23 (As of Mar. 2026)

What is First Quantum Minerals LT-Debt-to-Total-Asset?

First Quantum Minerals FQVLF +2.01% 73 LT-Debt-to-Total-Asset is 0.23 as of Mar. 2026. GuruFocus rates FQVLF with a GF Score™ of 73/100 and a GF Value™ of $15.70 (Significantly Overvalued). The stock has 6 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. First Quantum Minerals's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.23.

First Quantum Minerals's long-term debt to total assets ratio declined from Mar. 2025 (0.24) to Mar. 2026 (0.23). It may suggest that First Quantum Minerals is progressively becoming less dependent on debt to grow their business.

First Quantum Minerals (OTCPK:FQVLF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

First Quantum Minerals LT-Debt-to-Total-Asset Related Terms

First Quantum Minerals LT-Debt-to-Total-Asset Historical Data

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The historical data trend for First Quantum Minerals's LT-Debt-to-Total-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.

First Quantum Minerals LT-Debt-to-Total-Asset Chart

First Quantum Minerals Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

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0.30

0.27

0.28

0.24

0.20

First Quantum Minerals Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.24	0.23	0.21	0.20	0.23

73GF Score

First Quantum Minerals Ltd FQVLF

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First Quantum Minerals LT-Debt-to-Total-Asset Calculation

First Quantum Minerals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	5050	/	25238
	=	0.20

First Quantum Minerals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	5691	/	25014
	=	0.23

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.23 mean?

First Quantum Minerals (FQVLF) has a LT-Debt-to-Total-Asset of 0.23 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on First Quantum Minerals and its competitors.

Is First Quantum Minerals' LT-Debt-to-Total-Asset too high?

First Quantum Minerals' current LT-Debt-to-Total-Asset is 0.23. Overall, First Quantum Minerals has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does First Quantum Minerals' LT-Debt-to-Total-Asset compare to SCCO and FCX?

First Quantum Minerals' LT-Debt-to-Total-Asset of 0.23 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 LT-Debt-to-Total-Asset for a Metals & Mining company?

A good LT-Debt-to-Total-Asset depends on the Metals & Mining industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on First Quantum Minerals and its competitors. First Quantum Minerals's current LT-Debt-to-Total-Asset is 0.23. 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 $15.70, compared to a current price of $27.46 — trading 74.9% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.23. First Quantum Minerals' overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For First Quantum Minerals (FQVLF), the current LT-Debt-to-Total-Asset is 0.23 as of Mar. 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 $27.46 is trading 74.9% above its estimated GF Value™ of $15.70. GuruFocus considers First Quantum Minerals to be Significantly Overvalued.

Key valuation signals for FQVLF:

LT-Debt-to-Total-Asset: 0.23
GF Value™: $15.70 vs. price of $27.46 (74.9% above fair value)
GF Score™: 73/100 with 6 warning signs

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 Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSX:LUN TSX:HBM TSX:CS TSX:ERO TSX:TKO TSX:ASCU TSX:FDY TSX:III TSX:MARI TSX:ARG SCCO FCX LSE:ANTO LIM:CVERDEC1 SHSE:600362 WAR:KGH SZSE:301511 SZSE:000630 HKSE:01208 SZSE:002203

Other Exchanges IZ1:Germany FM:Canada

Address 330 Bay Street, Suite 1101, Toronto, ON, CAN, M5H 2S8

Website https://www.first-quantum.com

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.

73GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$27.46

Price

$15.70

GF Value

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