First Mining Gold (FFMGF) Debt Ratio (2015 - 2026)
First Mining Gold's Debt Ratio came in at 0.01 for the quarter ended Mar 31, 2026, down 3.7% from 0.01 a year earlier and down 3.7% from the prior quarter.
First Mining Gold (FFMGF) Debt Ratio (2015 - 2026) Analysis & Trends
Going back to the quarter ended Dec 31, 2015, First Mining Gold's Debt Ratio data covers 32 quarters.
- Debt Ratio has declined in each of the last three years.
- Going back by year, Debt Ratio was 0.01 in the year ended Dec 31, 2024 (-14.9%), 0.02 in the year ended Dec 31, 2023 (-19.0%), 0.02 in the year ended Dec 31, 2022 (+17.0%) and 0.02 in the year ended Dec 31, 2021 (+14.1%).
- The five-year range for quarterly Debt Ratio is 0.01 (the quarter ended Sep 30, 2025) to 0.06 (the quarter ended Jun 30, 2021).
- Year-over-year, Debt Ratio has declined for ten consecutive quarters, with an average decline of 13.8% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in the quarter ended Jun 30, 2021 (growth of 819.1%), and the weakest in the quarter ended Jun 30, 2022 (a decline of 69.5%).
- Business Quant data shows FFMGF's Debt Ratio at 0.01 (quarter ended Dec 31, 2025), 0.01 (quarter ended Sep 30, 2025) and 0.01 (quarter ended Jun 30, 2025) in the three quarters before the quarter ended Mar 31, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | 0.00 |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 0.33 |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 0.09 |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 0.32 |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 0.16 |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 0.01 |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 0.00 |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 0.19 |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 0.24 |
| 10 | First Mining Gold | 765.94 Mn | 765.94 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.01 |
| Dec 31, 2025 | 0.01 |
| Sep 30, 2025 | 0.01 |
| Jun 30, 2025 | 0.01 |
| Mar 31, 2025 | 0.01 |
| Dec 31, 2024 | 0.01 |
| Sep 30, 2024 | 0.02 |
| Jun 30, 2024 | 0.02 |
| Mar 31, 2024 | 0.02 |
| Dec 31, 2023 | 0.02 |
| Sep 30, 2023 | 0.02 |
| Jun 30, 2023 | 0.02 |
| Mar 31, 2023 | 0.02 |
| Dec 31, 2022 | 0.02 |
| Sep 30, 2022 | 0.02 |
| Jun 30, 2022 | 0.02 |
| Mar 31, 2022 | 0.02 |
| Dec 31, 2021 | 0.02 |
| Sep 30, 2021 | 0.02 |
| Jun 30, 2021 | 0.06 |
First Mining Gold Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=FFMGF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "FFMGF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=FFMGF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();