First Historical Balance Sheet

FF Stock

CAD 0.18 0.01 5.26%

Trend analysis of First Mining Gold balance sheet accounts such as Total Stockholder Equity of 128.4 M or Accounts Payable of 5 M provides information on First Mining's total assets, liabilities, and equity, which is the actual value of First Mining Gold to its prevalent stockholders. By breaking down trends over time using First Mining balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining First Mining Gold latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Mining Gold is a good buy for the upcoming year.

First Mining Inventory

(18.03)

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Mining Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About First Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of First Mining Gold at a specified time, usually calculated after every quarter, six months, or one year. First Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of First Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which First currently owns. An asset can also be divided into two categories, current and non-current.

First Mining Balance Sheet Chart

At this time, First Mining's Short and Long Term Debt is very stable compared to the past year. As of the 21st of July 2025, Accumulated Other Comprehensive Income is likely to grow to about 59.2 M, while Total Stockholder Equity is likely to drop about 128.4 M.

Total Assets Total Current Liabilities Accounts Payable Cash And Short Term Investments Total Current Assets

Add Fundamental

Total Assets

Total assets refers to the total amount of First Mining assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in First Mining Gold books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on First Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of First Mining Gold are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents First Mining obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of First Mining Gold are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of First Mining Gold balance sheet. This account contains First Mining investments that will expire within one year. These investments include stocks and bonds that can be liquidated by First Mining Gold fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most accounts from First Mining's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into First Mining Gold current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Mining Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

	2022	2023	2024	2025 (projected)
Total Current Liabilities	9.2M	11.2M	14.3M	15.0M
Total Assets	266.9M	286.1M	294.9M	309.6M

Total Current Liabilities Total Assets

First Mining balance sheet Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Total Equity	Inventory	Common Stock	Short Long Term Debt Total	Net Tangible Assets	Current Deferred Revenue	Short Long Term Debt
Total Assets		0.54	0.94	-0.71	-0.76	0.55	0.68	0.65	0.58	0.91	0.77	0.35	0.67	0.66	0.43	0.96	0.98	0.79	0.62	0.96	0.62	0.97	0.31	0.98	0.28	0.15
Total Current Liabilities	0.54		0.39	-0.56	-0.64	0.4	0.52	0.63	0.81	0.55	0.36	0.42	0.83	0.64	0.95	0.35	0.48	0.86	0.84	0.51	0.28	0.53	-0.05	0.43	0.85	0.11
Total Stockholder Equity	0.94	0.39		-0.7	-0.62	0.33	0.69	0.66	0.57	0.75	0.76	0.41	0.46	0.66	0.35	0.97	0.98	0.73	0.56	0.97	0.65	0.95	0.42	0.99	0.26	0.09
Net Debt	-0.71	-0.56	-0.7		0.56	-0.23	-0.99	-0.98	-0.81	-0.56	-0.62	-0.71	-0.53	-0.98	-0.56	-0.58	-0.66	-0.79	-0.53	-0.71	-0.45	-0.7	-0.41	-0.7	-0.49	0.1
Retained Earnings	-0.76	-0.64	-0.62	0.56		-0.58	-0.51	-0.51	-0.41	-0.86	-0.67	-0.4	-0.91	-0.51	-0.54	-0.66	-0.74	-0.71	-0.5	-0.78	-0.42	-0.83	0.15	-0.65	-0.24	-0.02
Accounts Payable	0.55	0.4	0.33	-0.23	-0.58		0.16	0.18	0.13	0.76	0.36	-0.14	0.69	0.18	0.11	0.46	0.47	0.36	0.27	0.46	0.25	0.51	0.01	0.44	-0.07	0.46
Cash	0.68	0.52	0.69	-0.99	-0.51	0.16		0.98	0.82	0.49	0.61	0.73	0.47	0.98	0.54	0.56	0.63	0.77	0.52	0.69	0.45	0.67	0.47	0.68	0.49	-0.08
Cash And Short Term Investments	0.65	0.63	0.66	-0.98	-0.51	0.18	0.98		0.86	0.48	0.54	0.73	0.51	1.0	0.65	0.51	0.6	0.84	0.57	0.67	0.43	0.64	0.4	0.65	0.62	-0.08
Net Receivables	0.58	0.81	0.57	-0.81	-0.41	0.13	0.82	0.86		0.39	0.46	0.59	0.54	0.87	0.84	0.45	0.54	0.83	0.83	0.57	0.39	0.55	0.44	0.56	0.84	0.07
Common Stock Shares Outstanding	0.91	0.55	0.75	-0.56	-0.86	0.76	0.49	0.48	0.39		0.69	0.17	0.82	0.48	0.36	0.84	0.87	0.68	0.51	0.85	0.48	0.9	0.0	0.83	0.14	0.09
Other Current Assets	0.77	0.36	0.76	-0.62	-0.67	0.36	0.61	0.54	0.46	0.69		0.48	0.53	0.55	0.3	0.76	0.78	0.6	0.47	0.79	0.37	0.8	0.3	0.77	0.13	0.06
Other Stockholder Equity	0.35	0.42	0.41	-0.71	-0.4	-0.14	0.73	0.73	0.59	0.17	0.48		0.3	0.73	0.52	0.26	0.35	0.63	0.42	0.44	0.38	0.4	0.24	0.37	0.48	-0.02
Total Liab	0.67	0.83	0.46	-0.53	-0.91	0.69	0.47	0.51	0.54	0.82	0.53	0.3		0.52	0.69	0.5	0.6	0.74	0.64	0.64	0.31	0.69	-0.18	0.52	0.43	0.09
Total Current Assets	0.66	0.64	0.66	-0.98	-0.51	0.18	0.98	1.0	0.87	0.48	0.55	0.73	0.52		0.66	0.52	0.61	0.84	0.59	0.68	0.43	0.65	0.4	0.65	0.63	-0.07
Other Current Liab	0.43	0.95	0.35	-0.56	-0.54	0.11	0.54	0.65	0.84	0.36	0.3	0.52	0.69	0.66		0.25	0.39	0.83	0.82	0.44	0.25	0.44	-0.05	0.35	0.94	-0.03
Property Plant And Equipment Net	0.96	0.35	0.97	-0.58	-0.66	0.46	0.56	0.51	0.45	0.84	0.76	0.26	0.5	0.52	0.25		0.99	0.65	0.52	0.95	0.64	0.96	0.36	0.98	0.12	0.15
Non Current Assets Total	0.98	0.48	0.98	-0.66	-0.74	0.47	0.63	0.6	0.54	0.87	0.78	0.35	0.6	0.61	0.39	0.99		0.75	0.6	0.98	0.64	0.99	0.32	0.99	0.24	0.13
Non Currrent Assets Other	0.79	0.86	0.73	-0.79	-0.71	0.36	0.77	0.84	0.83	0.68	0.6	0.63	0.74	0.84	0.83	0.65	0.75		0.78	0.8	0.5	0.79	0.14	0.75	0.75	0.04
Other Assets	0.62	0.84	0.56	-0.53	-0.5	0.27	0.52	0.57	0.83	0.51	0.47	0.42	0.64	0.59	0.82	0.52	0.6	0.78		0.6	0.4	0.6	0.24	0.57	0.77	0.21
Common Stock Total Equity	0.96	0.51	0.97	-0.71	-0.78	0.46	0.69	0.67	0.57	0.85	0.79	0.44	0.64	0.68	0.44	0.95	0.98	0.8	0.6		0.63	0.99	0.27	0.97	0.28	0.07
Inventory	0.62	0.28	0.65	-0.45	-0.42	0.25	0.45	0.43	0.39	0.48	0.37	0.38	0.31	0.43	0.25	0.64	0.64	0.5	0.4	0.63		0.62	0.39	0.65	0.18	0.38
Common Stock	0.97	0.53	0.95	-0.7	-0.83	0.51	0.67	0.64	0.55	0.9	0.8	0.4	0.69	0.65	0.44	0.96	0.99	0.79	0.6	0.99	0.62		0.23	0.96	0.25	0.08
Short Long Term Debt Total	0.31	-0.05	0.42	-0.41	0.15	0.01	0.47	0.4	0.44	0.0	0.3	0.24	-0.18	0.4	-0.05	0.36	0.32	0.14	0.24	0.27	0.39	0.23		0.4	0.07	0.51
Net Tangible Assets	0.98	0.43	0.99	-0.7	-0.65	0.44	0.68	0.65	0.56	0.83	0.77	0.37	0.52	0.65	0.35	0.98	0.99	0.75	0.57	0.97	0.65	0.96	0.4		0.24	0.13
Current Deferred Revenue	0.28	0.85	0.26	-0.49	-0.24	-0.07	0.49	0.62	0.84	0.14	0.13	0.48	0.43	0.63	0.94	0.12	0.24	0.75	0.77	0.28	0.18	0.25	0.07	0.24		-0.02
Short Long Term Debt	0.15	0.11	0.09	0.1	-0.02	0.46	-0.08	-0.08	0.07	0.09	0.06	-0.02	0.09	-0.07	-0.03	0.15	0.13	0.04	0.21	0.07	0.38	0.08	0.51	0.13	-0.02

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First Mining Account Relationship Matchups

First Mining balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	301.2M	260.3M	266.9M	286.1M	294.9M	309.6M
Total Current Liabilities	40.8M	10.0M	9.2M	11.2M	14.3M	15.0M
Total Stockholder Equity	243.6M	223.9M	227.7M	238.4M	244.4M	128.4M
Net Debt	(28.3M)	(29.1M)	(13.2M)	(12.0M)	(10.8M)	(11.4M)
Retained Earnings	(116.9M)	(142.3M)	(158.5M)	(165.6M)	(123.8M)	(117.6M)
Accounts Payable	837K	2.4M	750K	1.8M	4.7M	5.0M
Cash	28.9M	29.5M	13.6M	12.2M	8.9M	8.5M
Cash And Short Term Investments	47.3M	42.9M	13.7M	12.5M	13.7M	11.4M
Net Receivables	2.3M	604K	499K	500K	575K	382.2K
Common Stock Shares Outstanding	644.9M	698.7M	738.2M	827.0M	1.1B	1.1B
Liabilities And Stockholders Equity	301.2M	260.3M	266.9M	286.1M	294.9M	309.6M
Other Current Assets	354K	405K	619K	375K	431.3K	317.8K
Other Stockholder Equity	44.6M	47.3M	49.6M	1.0	(5.4M)	(5.1M)
Total Liab	57.7M	36.4M	39.3M	47.7M	50.4M	52.9M
Total Current Assets	50.0M	43.9M	14.9M	13.3M	15.1M	12.0M
Other Current Liab	39.9M	7.4M	8.4M	9.2M	5.4M	4.7M
Property Plant And Equipment Net	180.0M	171.1M	222.5M	246.3M	258.0M	181.9M
Non Current Assets Total	251.2M	216.4M	252.1M	272.7M	279.8M	200.0M
Non Currrent Assets Other	650K	399K	270K	181K	284K	225.5K
Common Stock	317.2M	318.5M	341.0M	354.9M	373.6M	245.9M
Short Long Term Debt Total	554K	442K	315K	172K	154.8K	147.1K
Net Tangible Assets	262.3M	243.6M	223.9M	227.7M	261.8M	204.4M
Accumulated Other Comprehensive Income	(1.4M)	410K	(4.3M)	49.1M	56.4M	59.2M
Short Term Debt	94K	112K	127K	143K	158K	0.0
Property Plant Equipment	186.7M	177.5M	222.5M	246.3M	258.0M	200.6M
Long Term Investments	70.5M	44.9M	29.3M	26.2M	21.5M	21.1M
Short Term Investments	18.4M	13.4M	184K	263K	2.4M	2.3M
Property Plant And Equipment Gross	244.8M	254.1M	180.0M	269.9M	310.4M	239.1M
Long Term Debt Total	442K	315K	172K	14K	175K	335.9K
Non Current Liabilities Total	16.8M	26.4M	30.0M	36.5M	36.1M	18.5M
Cash And Equivalents	28.9M	29.5M	13.6M	12.2M	2.4M	2.3M
Net Invested Capital	243.6M	223.9M	227.7M	238.4M	244.4M	196.2M
Net Working Capital	9.2M	34.0M	5.6M	2.2M	744K	706.8K
Capital Stock	317.2M	318.5M	341.0M	354.9M	373.6M	355.6M
Capital Lease Obligations	554K	442K	315K	172K	221K	313.6K

Pair Trading with First Mining

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

0.81

First Majestic Silver

Pair Corr

Moving against First Stock

0.68	BRK	Berkshire Hathaway CDR	Pair Corr
0.56	FDR	Flinders Resources Earnings Call This Week	Pair Corr
0.53	INFM	Infinico Metals Corp	Pair Corr

The ability to find closely correlated positions to First Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Mining Gold to buy it.

The correlation of First Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Mining Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for First Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in First Stock

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First Historical Balance Sheet

First Mining Inventory

(18.03)

About First Balance Sheet Analysis

First Mining Balance Sheet Chart

Total Assets

Total Current Liabilities

Accounts Payable

Cash And Short Term Investments

Total Current Assets

First Mining balance sheet Correlations

First Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Mining balance sheet Accounts

Pair Trading with First Mining

Moving together with First Stock

Moving against First Stock

Other Information on Investing in First Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Common Stock	+ 0.99	Non Current Assets Total
Net Tangible Assets	+ 0.99	Non Current Assets Total
Common Stock	+ 0.99	Common Stock Total Equity

Cash	- 0.99	Net Debt
Total Current Assets	- 0.98	Net Debt
Cash And Short Term Investments	- 0.98	Net Debt
Total Liab	- 0.91	Retained Earnings
Common Stock Shares Outstanding	- 0.86	Retained Earnings
Common Stock	- 0.83	Retained Earnings