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First Quantum Minerals (TSX:FM) Debt-to-Revenue : 1.46 (As of Mar. 2024)


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What is First Quantum Minerals Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

First Quantum Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$416 Mil. First Quantum Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$7,772 Mil. First Quantum Minerals's annualized Revenue for the quarter that ended in Mar. 2024 was C$5,609 Mil. First Quantum Minerals's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 1.46.


First Quantum Minerals Debt-to-Revenue Historical Data

The historical data trend for First Quantum Minerals's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Quantum Minerals Debt-to-Revenue Chart

First Quantum Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 1.65 1.10 0.97 1.17

First Quantum Minerals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.11 1.02 0.85 1.56 1.46

Competitive Comparison of First Quantum Minerals's Debt-to-Revenue

For the Copper subindustry, First Quantum Minerals's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Quantum Minerals's Debt-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, First Quantum Minerals's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where First Quantum Minerals's Debt-to-Revenue falls into.



First Quantum Minerals Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

First Quantum Minerals's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1297.327 + 8867.976) / 8661.37
=1.17

First Quantum Minerals's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(415.555 + 7772.371) / 5609.32
=1.46

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


First Quantum Minerals Debt-to-Revenue Related Terms

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First Quantum Minerals (TSX:FM) Business Description

Traded in Other Exchanges
Address
330 Bay Street, Suite 1101, Toronto, ON, CAN, M5H 2S8
First Quantum Minerals Ltd is a diversified mining company. The company's principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite. It has operating mines located in Zambia, Panama, Turkey, Spain, Australia and Mauritania. The Company's reportable operating segments are Cobre Panama, Kansanshi, Trident and Ravensthorpe. Majority of the revenue is generated from Cobre Panama.