First Quantum Minerals Ltd (FM) — Financial Flexibility Index

Latest as of December 2025: 0.23x

First Quantum Minerals Ltd (FM) has a Financial Flexibility Index of 0.23x as of December 2025. Free cash flow of CA$3.21 Billion (operating CF CA$2.08 Billion minus capex CA$1.13 Billion) represents 0% of total liabilities (CA$14.07 Billion). Also explore First Quantum Minerals Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.23x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$3.21 Billion
Operating CF − Capex

Total Liabilities

CA$14.07 Billion
CAD

Capital Expenditures

CA$1.13 Billion
CAD

First Quantum Minerals Ltd Financial Flexibility Index (1997–2025)

Historical Financial Flexibility Index trend for First Quantum Minerals Ltd across 29 annual periods. Check FM PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for First Quantum Minerals Ltd (1997–2025)

Year-by-year free cash flow to debt coverage for First Quantum Minerals Ltd. For the full company profile including market capitalisation, see First Quantum Minerals Ltd stock valuation.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2025 0.23x CA$3.21 Billion CA$2.08 Billion CA$13.70 Billion ▼ -2.6%
2024 0.24x CA$2.94 Billion CA$1.65 Billion CA$12.21 Billion ▲ +14.5%
2023 0.21x CA$2.73 Billion CA$1.43 Billion CA$12.98 Billion ▼ -22.9%
2022 0.27x CA$3.50 Billion CA$2.33 Billion CA$12.84 Billion ▼ -3.3%
2021 0.28x CA$3.88 Billion CA$2.88 Billion CA$13.78 Billion ▲ +79.9%
2020 0.16x CA$2.22 Billion CA$1.61 Billion CA$14.20 Billion ▼ -5.9%
2019 0.17x CA$2.34 Billion CA$889.00 Million CA$14.09 Billion ▼ -48.3%
2018 0.32x CA$4.12 Billion CA$1.98 Billion CA$12.81 Billion ▲ +44.1%
2017 0.22x CA$2.57 Billion CA$914.00 Million CA$11.49 Billion ▼ -0.5%
2016 0.22x CA$2.06 Billion CA$923.00 Million CA$9.20 Billion ▼ -35.0%
2015 0.35x CA$2.76 Billion CA$1.19 Billion CA$7.99 Billion ▼ -21.2%
2014 0.44x CA$3.39 Billion CA$743.60 Million CA$7.74 Billion ▼ -19.4%
2013 0.54x CA$3.47 Billion CA$868.80 Million CA$6.38 Billion ▼ -47.6%
2012 1.04x CA$1.72 Billion CA$342.50 Million CA$1.66 Billion ▼ -19.9%
2011 1.29x CA$1.46 Billion CA$412.30 Million CA$1.13 Billion ▲ +145.5%
2010 0.53x CA$1.12 Billion CA$761.30 Million CA$2.13 Billion ▼ -3.8%
2009 0.55x CA$924.40 Million CA$562.60 Million CA$1.69 Billion ▼ -42.3%
2008 0.95x CA$1.23 Billion CA$765.40 Million CA$1.29 Billion ▼ -2.7%
2007 0.98x CA$860.40 Million CA$540.80 Million CA$881.30 Million ▼ -5.5%
2006 1.03x CA$856.49 Million CA$549.88 Million CA$829.11 Million ▲ +11.5%
2005 0.93x CA$445.55 Million CA$235.49 Million CA$481.00 Million ▲ +29.5%
2004 0.72x CA$223.94 Million CA$30.69 Million CA$313.03 Million ▼ -4.1%
2003 0.75x CA$56.55 Million CA$15.92 Million CA$75.83 Million ▲ +36.4%
2002 0.55x CA$23.01 Million CA$-4.07 Million CA$42.11 Million ▲ +98.9%
2001 0.27x CA$29.14 Million CA$6.54 Million CA$106.05 Million ▲ +177.8%
2000 0.10x CA$9.40 Million CA$9.40 Million CA$95.02 Million ▼ -72.3%
1999 0.36x CA$12.28 Million CA$9.91 Million CA$34.34 Million ▲ +67.0%
1998 0.21x CA$9.26 Million CA$-1.43 Million CA$43.24 Million ▼ -79.1%
1997 1.03x CA$37.24 Million CA$-1.05 Million CA$36.32 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities