First Quick Ratio from 2010 to 2025

AG Stock  USD 6.92  0.14  1.98%   
First Majestic's Quick Ratio is decreasing over the last several years with slightly volatile swings. Quick Ratio is predicted to flatten to 2.02. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
2.12253737
Current Value
2.02
Quarterly Volatility
1.49767778
 
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 128.7 M, Interest Expense of 18.4 M or Selling General Administrative of 22.6 M, as well as many indicators such as Price To Sales Ratio of 2.75, Dividend Yield of 0.0022 or PTB Ratio of 1.26. 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 Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of First Majestic Silver over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. First Majestic's Quick 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.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

First Quick Ratio Regression Statistics

Arithmetic Mean2.57
Geometric Mean2.22
Coefficient Of Variation58.27
Mean Deviation1.02
Median2.30
Standard Deviation1.50
Sample Variance2.24
Range6.2107
R-Value(0.40)
Mean Square Error2.03
R-Squared0.16
Significance0.13
Slope(0.12)
Total Sum of Squares33.65

First Quick Ratio History

2025 2.02
2024 2.12
2023 2.04
2022 1.83
2021 1.95
2020 3.18
2019 2.96

About First Majestic Financial Statements

First Majestic stakeholders use historical fundamental indicators, such as First Majestic's Quick 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 ReportedProjected for Next Year
Quick Ratio 2.12  2.02 

Currently Active Assets on Macroaxis

Check out the analysis of First Majestic Correlation against competitors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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
0.019
Earnings Share
(0.34)
Revenue Per Share
1.897
Quarterly Revenue Growth
0.258
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.