First Quantum Minerals Ltd (FM) — Cash Flow-to-Debt Ratio
First Quantum Minerals Ltd (FM) has a Cash Flow-to-Debt Ratio of 0.01x as of June 2026, meaning its operating cash flow of CA$130.00 Million could theoretically repay 0% of its total liabilities (CA$13.49 Billion) in one year. See how financially flexible is First Quantum Minerals Ltd to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
First Quantum Minerals Ltd Cash Flow-to-Debt Ratio (1997–2025)
Historical debt coverage capacity for First Quantum Minerals Ltd across 29 annual periods. For the full cash flow conversion analysis, see how efficiently does First Quantum Minerals Ltd generate cash.
Annual Cash Flow-to-Debt Ratio for First Quantum Minerals Ltd (1997–2025)
Year-by-year debt coverage analysis for First Quantum Minerals Ltd. Check First Quantum Minerals Ltd (FM) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (CAD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.12x | CA$1.62 Billion | CA$13.70 Billion | ▼ -12.8% |
| 2024 | 0.14x | CA$1.65 Billion | CA$12.21 Billion | ▲ +23.0% |
| 2023 | 0.11x | CA$1.43 Billion | CA$12.98 Billion | ▼ -39.5% |
| 2022 | 0.18x | CA$2.33 Billion | CA$12.84 Billion | ▼ -13.3% |
| 2021 | 0.21x | CA$2.88 Billion | CA$13.78 Billion | ▲ +84.4% |
| 2020 | 0.11x | CA$1.61 Billion | CA$14.20 Billion | ▲ +80.0% |
| 2019 | 0.06x | CA$889.00 Million | CA$14.09 Billion | ▼ -59.1% |
| 2018 | 0.15x | CA$1.98 Billion | CA$12.81 Billion | ▲ +94.3% |
| 2017 | 0.08x | CA$914.00 Million | CA$11.49 Billion | ▼ -20.8% |
| 2016 | 0.10x | CA$923.00 Million | CA$9.20 Billion | ▼ -32.7% |
| 2015 | 0.15x | CA$1.19 Billion | CA$7.99 Billion | ▲ +55.2% |
| 2014 | 0.10x | CA$743.60 Million | CA$7.74 Billion | ▼ -29.4% |
| 2013 | 0.14x | CA$868.80 Million | CA$6.38 Billion | ▼ -34.2% |
| 2012 | 0.21x | CA$342.50 Million | CA$1.66 Billion | ▼ -43.3% |
| 2011 | 0.37x | CA$412.30 Million | CA$1.13 Billion | ▲ +2.1% |
| 2010 | 0.36x | CA$761.30 Million | CA$2.13 Billion | ▲ +7.2% |
| 2009 | 0.33x | CA$562.60 Million | CA$1.69 Billion | ▼ -43.8% |
| 2008 | 0.59x | CA$765.40 Million | CA$1.29 Billion | ▼ -3.4% |
| 2007 | 0.61x | CA$540.80 Million | CA$881.30 Million | ▼ -7.5% |
| 2006 | 0.66x | CA$549.88 Million | CA$829.11 Million | ▲ +35.5% |
| 2005 | 0.49x | CA$235.49 Million | CA$481.00 Million | ▲ +399.4% |
| 2004 | 0.10x | CA$30.69 Million | CA$313.03 Million | ▼ -53.3% |
| 2003 | 0.21x | CA$15.92 Million | CA$75.83 Million | ▲ +317.1% |
| 2002 | -0.10x | CA$-4.07 Million | CA$42.11 Million | ▼ -256.9% |
| 2001 | 0.06x | CA$6.54 Million | CA$106.05 Million | ▼ -37.7% |
| 2000 | 0.10x | CA$9.40 Million | CA$95.02 Million | ▼ -65.7% |
| 1999 | 0.29x | CA$9.91 Million | CA$34.34 Million | ▲ +969.5% |
| 1998 | -0.03x | CA$-1.43 Million | CA$43.24 Million | ▼ -14.4% |
| 1997 | -0.03x | CA$-1.05 Million | CA$36.32 Million | — |