First Historical Balance Sheet

AG Stock  USD 6.44  0.10  1.53%   
Trend analysis of First Majestic Silver balance sheet accounts such as Total Current Liabilities of 126.1 M or Total Stockholder Equity of 1.4 B provides information on First Majestic's total assets, liabilities, and equity, which is the actual value of First Majestic Silver to its prevalent stockholders. By breaking down trends over time using First Majestic balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining First Majestic Silver latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Majestic Silver is a good buy for the upcoming year.

First Majestic Inventory

66.87 Million

  
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.

About First Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of First Majestic Silver at a specified time, usually calculated after every quarter, six months, or one year. First Majestic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of First Majestic and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which First currently owns. An asset can also be divided into two categories, current and non-current.

First Majestic Balance Sheet Chart

At this time, First Majestic's Total Stockholder Equity is most likely to increase significantly in the upcoming years. The First Majestic's current Property Plant And Equipment Net is estimated to increase to about 1.5 B, while Accounts Payable is projected to decrease to roughly 22.4 M.

Total Assets

Total assets refers to the total amount of First Majestic assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in First Majestic Silver books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on First Majestic balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of First Majestic Silver are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most accounts from First Majestic's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 Total Stockholder Equity is most likely to increase significantly in the upcoming years. The First Majestic's current Property Plant And Equipment Net is estimated to increase to about 1.5 B, while Accounts Payable is projected to decrease to roughly 22.4 M.
 2021 2022 2023 2024 (projected)
Total Current Liabilities172.8M167.4M120.1M126.1M
Total Assets2.1B2.1B2.0B2.1B

First Majestic balance sheet Correlations

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First Majestic Account Relationship Matchups

First Majestic balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.2B2.1B2.1B2.0B2.1B
Total Current Liabilities71.9M101.6M172.8M167.4M120.1M126.1M
Total Stockholder Equity662.3M850.2M1.4B1.4B1.4B1.4B
Property Plant And Equipment Net712.1M782.3M1.5B1.5B1.4B1.5B
Net Debt8.7M(65.3M)(16.8M)96.5M130.5M137.1M
Retained Earnings(361.6M)(338.9M)(347.8M)(468.9M)(606.8M)(576.4M)
Accounts Payable36.3M49.9M72.4M19.0M31.9M22.4M
Cash169.0M238.6M237.9M151.4M125.6M77.3M
Non Current Assets Total784.9M881.5M1.7B1.7B1.7B1.7B
Non Currrent Assets Other21.7M29.5M126.5M143.6M108.8M114.2M
Cash And Short Term Investments175.5M274.9M264.4M186.0M188.0M197.4M
Net Receivables33.9M45.9M7.7M8.6M10.1M16.9M
Common Stock Shares Outstanding201.6M215.9M244.7M263.1M282.3M296.4M
Liabilities And Stockholders Equity1.0B1.2B2.1B2.1B2.0B2.1B
Non Current Liabilities Total293.8M285.7M541.2M531.3M498.1M523.0M
Other Current Assets3.0M2.7M64.5M111.0M47.3M49.7M
Other Stockholder Equity74.1M1K98.9M98.9M113.8M95.5M
Total Liab365.6M387.3M714.0M698.7M615.1M645.8M
Property Plant And Equipment Gross(41.6M)782.3M2.1B2.5B2.0B2.1B
Total Current Assets243.0M356.0M397.2M370.3M307.5M322.8M
Accumulated Other Comprehensive Income90.7M102.0M98.9M98.9M87.6M92.0M
Other Assets57.9M1K200.8M200.6M230.7M242.2M
Other Current Liab23.0M36.0M60.5M115.8M64.9M68.1M
Other Liab109.1M128.7M332.1M297.7M342.4M359.5M
Net Tangible Assets662.3M850.2M1.4B1.4B1.6B1.7B
Long Term Debt154.6M141.7M181.1M209.8M219.0M229.9M
Common Stock Total Equity636.7M827.6M933.2M1.1B1.3B1.3B
Short Term Investments6.5M36.3M26.5M34.5M62.4M65.5M
Inventory30.5M32.5M60.6M64.8M63.7M66.9M
Short Long Term Debt1.2M11.0M125K551K426K404.7K
Short Term Debt8.1M6.5M11.9M14.4M18.2M15.5M
Common Stock933.2M1.1B1.7B1.8B1.9B2.0B
Property Plant Equipment712.1M782.3M1.5B1.5B1.8B1.9B
Short Long Term Debt Total177.8M173.3M221.1M247.9M256.1M268.9M
Current Deferred Revenue4.5M2.7M12.2M3.4M2.3M2.6M
Long Term Debt Total151.2M169.7M157.0M209.1M240.5M252.5M

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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.