First Net Debt vs Property Plant Equipment Analysis
AG Stock | USD 5.46 0.01 0.18% |
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 Net Debt and its Property Plant Equipment 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.
Net Debt vs Property Plant Equipment
Net Debt vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Majestic Silver Net Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between First Majestic's Net Debt and Property Plant Equipment is 0.66. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant Equipment 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 Net Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of First Majestic Silver are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Debt i.e., First Majestic's Net Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Property Plant Equipment
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 Selling General Administrative is most likely to increase significantly in the upcoming years. The First Majestic's current Sales General And Administrative To Revenue is estimated to increase to 0.12, while Tax Provision is forecasted to increase to (58.9 M).
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 | 1.8B | |
Non Currrent Assets Other | 21.7M | 29.5M | 126.5M | 143.6M | 146.2M | 153.5M | |
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 | (10.1M) | (9.6M) | |
Total Liab | 365.6M | 387.3M | 714.0M | 698.7M | 618.2M | 649.1M | |
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 | 309.1M | 324.5M | |
Accumulated Other Comprehensive Income | 90.7M | 102.0M | 98.9M | 98.9M | 88.0M | 92.4M | |
Other Assets | 57.9M | 1K | 200.8M | 200.6M | 230.7M | 242.2M | |
Other Current Liab | 23.0M | 36.0M | 60.5M | 115.8M | 62.6M | 65.7M | |
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 |
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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 Technical Analysis module to check basic technical indicators and analysis based on most latest market 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 0.018 | 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.