First Debt Ratio from 2010 to 2024

AG Stock

USD 6.14 0.06 0.99%

First Majestic's Debt Ratio is decreasing over the last several years with slightly volatile swings. Debt Ratio is estimated to finish at 0.17 this year. During the period from 2010 to 2024 First Majestic Silver Debt Ratio regressed destribution of quarterly values had coefficient of variationof 178.16 and r-value of (0.31). View All Fundamentals

Debt Ratio

First Reported

2010-12-31

Previous Quarter

0.11122091

Current Value

0.17

Quarterly Volatility

0.28550304

Credit Downgrade

Yuan Drop

Covid

Check First Majestic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Majestic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 132.5 M, Interest Expense of 16 M or Selling General Administrative of 52.9 M, as well as many indicators such as Price To Sales Ratio of 2.86, Dividend Yield of 0.0021 or PTB Ratio of 1.35. First financial statements analysis is a perfect complement when working with First Majestic Valuation or Volatility modules.

Check out the analysis of First Majestic Correlation against competitors.

Latest First Majestic's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of First Majestic Silver over the last few years. It is First Majestic's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Majestic's overall financial position and show how it may be relating to other accounts over time.

Debt Ratio

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Debt Ratio

Timeline

First Debt Ratio Regression Statistics

	Arithmetic Mean	0.16
	Geometric Mean	0.08
	Coefficient Of Variation	178.16
	Mean Deviation	0.14
	Median	0.09
	Standard Deviation	0.29
	Sample Variance	0.08
	Range	1.1759
	R-Value	(0.31)
	Mean Square Error	0.08
	R-Squared	0.1
	Significance	0.25
	Slope	(0.02)
	Total Sum of Squares	1.14

First Debt Ratio History

	2024	0.17
	2023	0.11
	2022	0.0997
	2021	0.0853
	2020	0.12
	2019	0.15
	2018	0.16

Other Fundumenentals of First Majestic Silver

Cash Flow To Debt Ratio

First Majestic Debt Ratio component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Net Tangible Assets	Long Term Debt	Good Will	Short Term Investments	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Long Term Debt Total	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	0.55	-0.82	0.51	-0.17	0.99	0.9	0.97	0.9	0.58	0.83	0.44	0.58	-0.42	0.0	0.58	0.98	0.98	0.59	0.88	0.93	0.77	0.91
Total Stockholder Equity	1.0		0.53	-0.81	0.49	-0.18	0.98	0.9	0.98	0.88	0.6	0.85	0.47	0.6	-0.4	0.01	0.6	0.97	0.98	0.56	0.86	0.92	0.76	0.91
Net Debt	0.55	0.53		-0.62	-0.12	-0.05	0.59	0.24	0.56	0.67	0.2	0.54	0.06	0.2	-0.37	0.13	0.2	0.6	0.66	0.08	0.63	0.54	0.21	0.57
Retained Earnings	-0.82	-0.81	-0.62		-0.38	-0.03	-0.83	-0.79	-0.82	-0.92	-0.35	-0.83	-0.19	-0.35	0.73	0.29	-0.35	-0.92	-0.81	-0.42	-0.96	-0.83	-0.75	-0.81
Accounts Payable	0.51	0.49	-0.12	-0.38		0.27	0.53	0.64	0.42	0.44	0.46	0.23	0.36	0.46	-0.26	-0.07	0.46	0.45	0.39	0.84	0.46	0.45	0.59	0.34
Net Receivables	-0.17	-0.18	-0.05	-0.03	0.27		-0.14	0.02	-0.2	0.07	0.31	-0.18	0.26	0.31	0.08	-0.2	0.31	-0.13	-0.22	-0.05	0.04	-0.29	-0.07	-0.39
Total Liab	0.99	0.98	0.59	-0.83	0.53	-0.14		0.89	0.94	0.92	0.54	0.78	0.39	0.54	-0.46	0.0	0.54	0.97	0.96	0.64	0.9	0.93	0.77	0.9
Total Current Assets	0.9	0.9	0.24	-0.79	0.64	0.02	0.89		0.86	0.85	0.54	0.76	0.4	0.54	-0.4	-0.26	0.54	0.89	0.81	0.6	0.85	0.86	0.89	0.81
Net Tangible Assets	0.97	0.98	0.56	-0.82	0.42	-0.2	0.94	0.86		0.87	0.6	0.9	0.47	0.6	-0.36	-0.02	0.6	0.97	0.98	0.46	0.86	0.9	0.73	0.92
Long Term Debt	0.9	0.88	0.67	-0.92	0.44	0.07	0.92	0.85	0.87		0.45	0.8	0.26	0.45	-0.52	-0.26	0.45	0.94	0.88	0.49	0.98	0.87	0.78	0.84
Good Will	0.58	0.6	0.2	-0.35	0.46	0.31	0.54	0.54	0.6	0.45		0.43	0.95	1.0	0.12	0.34	1.0	0.52	0.58	0.25	0.38	0.3	0.27	0.3
Short Term Investments	0.83	0.85	0.54	-0.83	0.23	-0.18	0.78	0.76	0.9	0.8	0.43		0.31	0.43	-0.43	-0.12	0.43	0.89	0.87	0.19	0.82	0.8	0.73	0.84
Deferred Long Term Liab	0.44	0.47	0.06	-0.19	0.36	0.26	0.39	0.4	0.47	0.26	0.95	0.31		0.95	0.17	0.44	0.95	0.37	0.45	0.17	0.19	0.15	0.12	0.16
Long Term Investments	0.58	0.6	0.2	-0.35	0.46	0.31	0.54	0.54	0.6	0.45	1.0	0.43	0.95		0.12	0.34	1.0	0.52	0.58	0.25	0.38	0.3	0.27	0.3
Short Long Term Debt	-0.42	-0.4	-0.37	0.73	-0.26	0.08	-0.46	-0.4	-0.36	-0.52	0.12	-0.43	0.17	0.12		0.24	0.12	-0.54	-0.4	-0.43	-0.61	-0.5	-0.46	-0.46
Short Term Debt	0.0	0.01	0.13	0.29	-0.07	-0.2	0.0	-0.26	-0.02	-0.26	0.34	-0.12	0.44	0.34	0.24		0.34	-0.11	0.09	-0.05	-0.33	-0.19	-0.28	-0.13
Intangible Assets	0.58	0.6	0.2	-0.35	0.46	0.31	0.54	0.54	0.6	0.45	1.0	0.43	0.95	1.0	0.12	0.34		0.52	0.58	0.25	0.38	0.3	0.27	0.3
Common Stock	0.98	0.97	0.6	-0.92	0.45	-0.13	0.97	0.89	0.97	0.94	0.52	0.89	0.37	0.52	-0.54	-0.11	0.52		0.96	0.52	0.94	0.93	0.79	0.92
Property Plant Equipment	0.98	0.98	0.66	-0.81	0.39	-0.22	0.96	0.81	0.98	0.88	0.58	0.87	0.45	0.58	-0.4	0.09	0.58	0.96		0.49	0.85	0.89	0.68	0.91
Current Deferred Revenue	0.59	0.56	0.08	-0.42	0.84	-0.05	0.64	0.6	0.46	0.49	0.25	0.19	0.17	0.25	-0.43	-0.05	0.25	0.52	0.49		0.52	0.57	0.52	0.47
Long Term Debt Total	0.88	0.86	0.63	-0.96	0.46	0.04	0.9	0.85	0.86	0.98	0.38	0.82	0.19	0.38	-0.61	-0.33	0.38	0.94	0.85	0.52		0.89	0.81	0.85
Net Invested Capital	0.93	0.92	0.54	-0.83	0.45	-0.29	0.93	0.86	0.9	0.87	0.3	0.8	0.15	0.3	-0.5	-0.19	0.3	0.93	0.89	0.57	0.89		0.81	0.99
Net Working Capital	0.77	0.76	0.21	-0.75	0.59	-0.07	0.77	0.89	0.73	0.78	0.27	0.73	0.12	0.27	-0.46	-0.28	0.27	0.79	0.68	0.52	0.81	0.81		0.75
Capital Stock	0.91	0.91	0.57	-0.81	0.34	-0.39	0.9	0.81	0.92	0.84	0.3	0.84	0.16	0.3	-0.46	-0.13	0.3	0.92	0.91	0.47	0.85	0.99	0.75

Click cells to compare fundamentals

About First Majestic Financial Statements

First Majestic stakeholders use historical fundamental indicators, such as First Majestic's Debt Ratio, to determine how well the company is positioned to perform in the future. Although First Majestic investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Majestic's assets and liabilities are reflected in the revenues and expenses on First Majestic's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Majestic Silver. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Debt Ratio	0.11	0.17
Cash Flow To Debt Ratio	0.25	0.24

Currently Active Assets on Macroaxis

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C
MSFT	Microsoft
GM	General Motors

How To Invest In First

Details

Is First Stock a good investment?

Details

What is First Majestic's Net Worth?

Details

Largest Metals & Mining Companies

View

Largest Materials Companies

View

Check out the analysis of First Majestic Correlation against competitors.

You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Majestic. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Majestic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

2.359

Dividend Share

0.018

Earnings Share

(0.26)

Revenue Per Share

1.8

Quarterly Revenue Growth

0.097

The market value of First Majestic Silver is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Majestic's value that differs from its market value or its book value, called intrinsic value, which is First Majestic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Majestic's market value can be influenced by many factors that don't directly affect First Majestic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between First Majestic's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Majestic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Majestic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

First Debt Ratio from 2010 to 2024

Latest First Majestic's Debt Ratio Growth Pattern

First Debt Ratio Regression Statistics

First Debt Ratio History

Other Fundumenentals of First Majestic Silver

First Majestic Debt Ratio component correlations

About First Majestic Financial Statements

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY