Order Book analysis by agent about Stock فملی on 11/10/2025

**Debt ratio for National Iran Copper Industries Company (Famli):** * **At the end of the fiscal year 1402:** * The debt ratio was about **0.24** (equivalent to 24%). This means that 24% of the company's total assets are financed through debt. * **At the end of the fiscal year 1403:** * The debt ratio was about **0.33** (equivalent to 33%). This shows that in 1403, about 33% of the company's assets were financed through debt. **Recent year changes:** The debt ratio of Femli has increased from 0.24 in 1402 to 0.33 in 1403. This increase means that the company has relied more on debt sources to finance its assets in the recent year (1403). This can be due to an increase in financial facilities received, an increase in accounts and payable documents or other debts. An increase in debt-to-asset ratio generally indicates an increase in the company's financial risk, because the share of debt in the capital structure has increased. For a more accurate assessment, it is necessary to examine the details of the composition of liabilities (short-term and long-term) and the reasons for this increase.