First Mining Gold Corp (FF) — Net Asset Quality Index
First Mining Gold Corp (FF) has a Net Asset Quality Index of 60.0% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$371.13 Million minus total liabilities of CA$148.57 Million yields net assets of CA$222.56 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read FF liabilities breakdown for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
First Mining Gold Corp Net Asset Quality Index Over Time (2005–2025)
This chart shows how First Mining Gold Corp's Net Asset Quality Index has evolved across 21 annual periods from 2005 to 2025. As of June 2026, the index stands at 60.0%, representing net assets of CA$222.56 Million against total assets of CA$371.13 Million CAD. For live market cap and overall valuation, see FF market cap.
Annual Net Asset Quality Index for First Mining Gold Corp (2005–2025)
The table below presents the year-by-year Net Asset Quality Index for First Mining Gold Corp from 2005 to 2025, covering 21 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. Check FF strategic asset allocation to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 62.5% | CA$218.05 Million | CA$348.79 Million | CA$130.74 Million | ▼ -20.4 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 | — |