First Income Tax Expense from 2010 to 2024

AG Stock  USD 6.14  0.06  0.99%   
First Majestic's Income Tax Expense is decreasing over the last several years with slightly volatile swings. Income Tax Expense is estimated to finish at about -57.8 M this year. During the period from 2010 to 2024 First Majestic Silver Income Tax Expense regressed destribution of quarterly values had coefficient of variationof (7,156) and r-value of (0.37). View All Fundamentals
 
Income Tax Expense  
First Reported
2001-09-30
Previous Quarter
30.5 M
Current Value
24.4 M
Quarterly Volatility
14 M
 
Housing Crash
 
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 Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of First Majestic Silver over the last few years. It is First Majestic's Income Tax Expense 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.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

First Income Tax Expense Regression Statistics

Arithmetic Mean(547,699)
Geometric Mean16,251,445
Coefficient Of Variation(7,156)
Mean Deviation31,134,488
Median1,450,000
Standard Deviation39,196,053
Sample Variance1536.3T
Range125.2M
R-Value(0.37)
Mean Square Error1424.3T
R-Squared0.14
Significance0.17
Slope(3,269,202)
Total Sum of Squares21508.6T

First Income Tax Expense History

2024-57.8 M
2023-60.8 M
202252.9 M
202130.2 M
20206.6 M
20191.4 M
2018-58.9 M

About First Majestic Financial Statements

First Majestic stakeholders use historical fundamental indicators, such as First Majestic's Income Tax Expense, 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 ReportedProjected for Next Year
Income Tax Expense-60.8 M-57.8 M

Currently Active Assets on Macroaxis

Check out the analysis of First Majestic Correlation against competitors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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.