John McGlynn insists Falkirk are "still big underdogs" despite the impressive strength in their squad.
Key defender Filip Lissah will be absent for this weekend's trip to Hibernian due to injury but the Bairns boss says he's spoilt for choice with the options available to him.
Falkirk's squad has been boosted by the arrival of Ben Parkinson and Louie Marsh this month, with Scott Arfield and Alfredo Agyeman departing in search of regular game-time.
"We've got a lot of players back now. We only really have Ross MacIver and Gary Oliver [of the long-term absentees] out and even MacIver now could be knocking on the door to get in the squad," McGlynn said.
"But such is the strength in our squad that we can let Alfie [Agyeman] go out to St Johnstone because he can't even get on the bench now.
"Our squad is so strong that some of our good players can't even get on the bench.
"Lewis Neilson's coming back, we've got Coll Donaldson back and Tom Lang's actually been back in full training for a couple of weeks now as well.
"I'm delighted at the strength in depth that we've got in the squad. Our 11 v 11 games in training, the quality is just so good."
Falkirk are sixth in the Premiership and can narrow the gap on Hibs with victory at Easter Road on Saturday.
"We're five points behind Hibs – we could narrow that down to two," McGlynn added.
"We find ourselves five points ahead of Aberdeen and Dundee United.
"Of course, they're going to continue to put pressure on us, so it's just about managing to continuously get results and try and stay in that position that we're in.
"We're in a really good place. The boys are buzzing. We also understand that David Gray won't be happy getting knocked out the cup.
"They'll have been extra focused this week in training, I'm sure. He'll be looking for a reaction from them.
"We've got to make sure that we don't get complacent at all. We're still big underdogs."