First Capital Stock vs Short Term Debt Analysis
AG Stock | USD 6.31 0.13 2.02% |
First Majestic financial indicator trend analysis is much more than just examining First Majestic Silver latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Majestic Silver is a good investment. Please check the relationship between First Majestic Capital Stock and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Capital Stock vs Short Term Debt
Capital Stock vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Majestic Silver Capital Stock account and Short Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between First Majestic's Capital Stock and Short Term Debt is -0.13. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of First Majestic Silver, assuming nothing else is changed. The correlation between historical values of First Majestic's Capital Stock and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of First Majestic Silver are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Capital Stock i.e., First Majestic's Capital Stock and Short Term Debt go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Short Term Debt
Most indicators from First Majestic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Majestic Silver current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, First Majestic's Enterprise Value is most likely to increase significantly in the upcoming years.
First Majestic fundamental ratios Correlations
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First Majestic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Majestic fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.0B | 1.2B | 2.1B | 2.1B | 2.0B | 2.1B | |
Total Current Liabilities | 71.9M | 101.6M | 172.8M | 167.4M | 120.1M | 126.1M | |
Total Stockholder Equity | 662.3M | 850.2M | 1.4B | 1.4B | 1.4B | 1.4B | |
Property Plant And Equipment Net | 712.1M | 782.3M | 1.5B | 1.5B | 1.4B | 1.5B | |
Net Debt | 8.7M | (65.3M) | (16.8M) | 96.5M | 130.5M | 137.1M | |
Retained Earnings | (361.6M) | (338.9M) | (347.8M) | (468.9M) | (606.8M) | (576.4M) | |
Accounts Payable | 36.3M | 49.9M | 72.4M | 19.0M | 31.9M | 22.4M | |
Cash | 169.0M | 238.6M | 237.9M | 151.4M | 125.6M | 77.3M | |
Non Current Assets Total | 784.9M | 881.5M | 1.7B | 1.7B | 1.7B | 1.7B | |
Non Currrent Assets Other | 21.7M | 29.5M | 126.5M | 143.6M | 108.8M | 114.2M | |
Cash And Short Term Investments | 175.5M | 274.9M | 264.4M | 186.0M | 188.0M | 197.4M | |
Net Receivables | 33.9M | 45.9M | 7.7M | 8.6M | 10.1M | 16.9M | |
Common Stock Shares Outstanding | 201.6M | 215.9M | 244.7M | 263.1M | 282.3M | 296.4M | |
Liabilities And Stockholders Equity | 1.0B | 1.2B | 2.1B | 2.1B | 2.0B | 2.1B | |
Non Current Liabilities Total | 293.8M | 285.7M | 541.2M | 531.3M | 498.1M | 523.0M | |
Other Current Assets | 3.0M | 2.7M | 64.5M | 111.0M | 47.3M | 49.7M | |
Other Stockholder Equity | 74.1M | 1K | 98.9M | 98.9M | 113.8M | 95.5M | |
Total Liab | 365.6M | 387.3M | 714.0M | 698.7M | 615.1M | 645.8M | |
Property Plant And Equipment Gross | (41.6M) | 782.3M | 2.1B | 2.5B | 2.0B | 2.1B | |
Total Current Assets | 243.0M | 356.0M | 397.2M | 370.3M | 307.5M | 322.8M | |
Accumulated Other Comprehensive Income | 90.7M | 102.0M | 98.9M | 98.9M | 87.6M | 92.0M | |
Other Assets | 57.9M | 1K | 200.8M | 200.6M | 230.7M | 242.2M | |
Other Current Liab | 23.0M | 36.0M | 60.5M | 115.8M | 64.9M | 68.1M | |
Other Liab | 109.1M | 128.7M | 332.1M | 297.7M | 342.4M | 359.5M | |
Net Tangible Assets | 662.3M | 850.2M | 1.4B | 1.4B | 1.6B | 1.7B | |
Long Term Debt | 154.6M | 141.7M | 181.1M | 209.8M | 219.0M | 229.9M | |
Common Stock Total Equity | 636.7M | 827.6M | 933.2M | 1.1B | 1.3B | 1.3B | |
Short Term Investments | 6.5M | 36.3M | 26.5M | 34.5M | 62.4M | 65.5M | |
Inventory | 30.5M | 32.5M | 60.6M | 64.8M | 63.7M | 66.9M | |
Short Long Term Debt | 1.2M | 11.0M | 125K | 551K | 426K | 404.7K | |
Short Term Debt | 8.1M | 6.5M | 11.9M | 14.4M | 18.2M | 15.5M | |
Common Stock | 933.2M | 1.1B | 1.7B | 1.8B | 1.9B | 2.0B | |
Property Plant Equipment | 712.1M | 782.3M | 1.5B | 1.5B | 1.8B | 1.9B | |
Short Long Term Debt Total | 177.8M | 173.3M | 221.1M | 247.9M | 256.1M | 268.9M | |
Current Deferred Revenue | 4.5M | 2.7M | 12.2M | 3.4M | 2.3M | 2.6M | |
Long Term Debt Total | 151.2M | 169.7M | 157.0M | 209.1M | 240.5M | 252.5M |
Currently Active Assets on Macroaxis
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.