First Quantum Minerals Ltd. FM.TO TSX

Toronto Stock Exchan • Basic Materials • Copper • CA • CAD

SharesGrow Score

36/100

0/6 Pass

SharesGrow Intrinsic Value

N/A

Negative cash flow

Income Statement Balance Sheet Cash Flow Statement

Annual Quarterly

First Quantum Minerals Ltd. (FM.TO) reported total assets of $25.24B and total liabilities of $13.7B for fiscal year 2025, resulting in total equity of $11.54B.

The company held $716M in cash and short-term investments. Total debt stood at $5.91B, with net debt of $5.19B. The Debt-to-Equity (D/E) ratio was 0.51 (moderate).

Current ratio is 1.42, suggesting adequate short-term liquidity. Interest coverage is 1.6x (weak).

Criteria supported by this page:

HEALTH (33/100, Fail) — the balance sheet shows elevated risk in debt or liquidity metrics
MOAT (55/100) — Total assets $25.24B and equity $11.54B support the company's competitive scale

Overall SharesGrow Score: 35/100 with 0/7 criteria passed.

SharesGrow 7-Criteria Score

36/100

SG Score

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VALUE

N/A

No coverage

FUTURE

55/100

Analyst consensus

→ Forecast

PAST

50/100

→ Income

✗

HEALTH

33/100

Debt-to-Equity & liquidity

Proven by this page

MOAT

55/100

→ Income

✗

GROWTH

15/100

→ Income

✗

INCOME

10/100

→ Income

First Quantum Minerals Ltd. Balance Sheet History

Metric	FY2025	FY2024	FY2023	FY2022
Total Assets	$25.24B	$24.11B	$23.76B	$25.08B
Total Liabilities	$13.7B	$12.21B	$12.98B	$12.84B
Total Debt	$5.91B	$6.37B	$7.58B	$7.38B
Cash & Investments	$716M	$843M	$1.16B	$1.69B
Total Stockholders Equity	$11.17B	$11.47B	$10.25B	$10.9B