First Mining Gold Corp (FF) — Defensive Interval Ratio

Latest as of September 2025: 86 days

First Mining Gold Corp (FF) has a Defensive Interval Ratio of 86 days as of September 2025. Defensive assets of CA$2.66 Million (cash CA$169.00K, short-term investments CA$1.92 Million, receivables CA$576.00K) cover 86 days of daily cash needs of CA$30.95K/day. See First Mining Gold Corp (FF) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

86 days
Days of operational coverage

Defensive Assets

CA$2.66 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$30.95K
Current Liabilities ÷ 365

Current Liabilities

CA$11.30 Million
CAD

First Mining Gold Corp Defensive Interval Ratio (2005–2024)

This chart shows how First Mining Gold Corp's Defensive Interval Ratio has evolved across 20 annual periods from 2005 to 2024. As of September 2025, the ratio stands at 86 days, meaning defensive assets of CA$2.66 Million can fund 86 days of operations without new revenue. See First Mining Gold Corp net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for First Mining Gold Corp (2005–2024)

The table below presents the year-by-year Defensive Interval Ratio for First Mining Gold Corp from 2005 to 2024, covering 20 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see FF market cap overview.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 144 days CA$5.64 Million CA$39.22K/day CA$2.45 Million CA$2.39 Million ▼ -279 days
2023 423 days CA$12.97 Million CA$30.65K/day CA$12.21 Million CA$263.00K ▼ -139 days
2022 562 days CA$14.24 Million CA$25.34K/day CA$13.56 Million CA$184.00K ▼ -1033 days
2021 1595 days CA$43.51 Million CA$27.27K/day CA$29.52 Million CA$13.39 Million ▲ +1151 days
2020 444 days CA$49.67 Million CA$111.85K/day CA$28.90 Million CA$18.43 Million ▼ -699 days
2019 1143 days CA$7.98 Million CA$6.98K/day CA$5.90 Million CA$1.77 Million ▼ -3787 days
2018 4930 days CA$7.86 Million CA$1.59K/day CA$5.12 Million CA$2.60 Million ▼ -1849 days
2017 6779 days CA$20.11 Million CA$2.97K/day CA$15.40 Million CA$4.28 Million ▼ -5257 days
2016 12036 days CA$40.38 Million CA$3.35K/day CA$33.16 Million CA$5.85 Million ▲ +12006 days
2015 29 days CA$377.33K CA$12.90K/day CA$- CA$8.83K ▲ +10 days
2014 19 days CA$1.92K CA$99.24/day CA$- CA$- ▲ +5 days
2013 14 days CA$1.16K CA$81.49/day CA$- CA$- ▼ -91 days
2012 106 days CA$5.30K CA$50.15/day CA$- CA$- ▲ +94 days
2011 12 days CA$813.00 CA$69.93/day CA$- CA$- ▲ +3 days
2010 8 days CA$740.00 CA$87.88/day CA$- CA$- ▼ -13 days
2009 22 days CA$1.71K CA$79.13/day CA$- CA$- ▲ +13 days
2008 8 days CA$478.00 CA$56.42/day CA$- CA$- ▼ -3 days
2007 11 days CA$1.11K CA$99.71/day CA$- CA$- ▼ -42 days
2006 53 days CA$6.62K CA$125.19/day CA$- CA$- ▼ -97 days
2005 150 days CA$5.19K CA$34.74/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)