First Mining Gold Corp (FF) — Net Asset Quality Index
First Mining Gold Corp (FF) has a Net Asset Quality Index of 70.8% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$334.02 Million minus total liabilities of CA$97.62 Million yields net assets of CA$236.40 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check First Mining Gold Corp (FF) asset resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
First Mining Gold Corp Net Asset Quality Index Over Time (2005–2024)
This chart shows how First Mining Gold Corp's Net Asset Quality Index has evolved across 20 annual periods from 2005 to 2024. As of September 2025, the index stands at 70.8%, representing net assets of CA$236.40 Million against total assets of CA$334.02 Million CAD. See First Mining Gold Corp current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for First Mining Gold Corp (2005–2024)
The table below presents the year-by-year Net Asset Quality Index for First Mining Gold Corp from 2005 to 2024, covering 20 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see First Mining Gold Corp market cap and net worth.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 82.9% | CA$244.44 Million | CA$294.85 Million | CA$50.41 Million | ▼ -0.4 pp |
| 2023 | 83.3% | CA$238.39 Million | CA$286.07 Million | CA$47.67 Million | ▼ -2.0 pp |
| 2022 | 85.3% | CA$227.67 Million | CA$266.93 Million | CA$39.26 Million | ▼ -0.7 pp |
| 2021 | 86.0% | CA$223.93 Million | CA$260.31 Million | CA$36.38 Million | ▲ +5.2 pp |
| 2020 | 80.9% | CA$243.55 Million | CA$301.21 Million | CA$57.66 Million | ▼ -17.0 pp |
| 2019 | 97.9% | CA$262.33 Million | CA$268.02 Million | CA$5.69 Million | ▼ -1.9 pp |
| 2018 | 99.8% | CA$256.95 Million | CA$257.53 Million | CA$582.00K | ▲ +0.2 pp |
| 2017 | 99.6% | CA$264.65 Million | CA$265.74 Million | CA$1.08 Million | ▲ +0.8 pp |
| 2016 | 98.8% | CA$266.23 Million | CA$269.56 Million | CA$3.33 Million | ▲ +3.1 pp |
| 2015 | 95.7% | CA$104.56 Million | CA$109.27 Million | CA$4.71 Million | ▲ +20.0 pp |
| 2014 | 75.7% | CA$112.97K | CA$149.19K | CA$36.22K | ▼ -15.1 pp |
| 2013 | 90.8% | CA$292.87K | CA$322.61K | CA$29.75K | ▼ -4.5 pp |
| 2012 | 95.3% | CA$368.87K | CA$387.17K | CA$18.30K | ▲ +641.3 pp |
| 2011 | -546.0% | CA$-21.57K | CA$3.95K | CA$25.52K | ▼ -580.7 pp |
| 2010 | 34.7% | CA$17.07K | CA$49.14K | CA$32.08K | ▼ -37.8 pp |
| 2009 | 72.6% | CA$76.46K | CA$105.34K | CA$28.88K | ▼ -15.6 pp |
| 2008 | 88.2% | CA$153.85K | CA$174.45K | CA$20.59K | ▲ +3.2 pp |
| 2007 | 85.0% | CA$206.77K | CA$243.16K | CA$36.39K | ▼ 0.0 pp |
| 2006 | 85.1% | CA$260.46K | CA$306.16K | CA$45.70K | ▼ -12.1 pp |
| 2005 | 97.2% | CA$438.92K | CA$451.60K | CA$12.68K | — |