First Total Liab vs Common Stock 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 Total Liab and its Common Stock 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.

Total Liab vs Common Stock

Total Liab vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Majestic Silver Total Liab account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between First Majestic's Total Liab and Common Stock is 0.97. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Common Stock 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 Total Liab and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of First Majestic Silver are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Liab i.e., First Majestic's Total Liab and Common Stock go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Common Stock

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

0.941.00.990.55-0.820.510.571.00.930.77-0.170.940.990.84-0.150.990.930.90.910.90.930.970.90.580.91
0.940.930.950.46-0.680.580.580.940.830.71-0.190.820.920.83-0.140.950.90.840.770.890.830.860.780.540.81
1.00.930.990.53-0.810.490.570.990.930.78-0.180.940.980.84-0.140.980.940.90.910.890.930.980.880.60.91
0.990.950.990.6-0.780.470.491.00.920.7-0.20.910.980.84-0.170.990.950.850.90.90.910.960.870.590.88
0.550.460.530.6-0.62-0.12-0.270.60.650.0-0.050.490.610.53-0.340.590.60.240.660.590.540.560.670.20.5
-0.82-0.68-0.81-0.78-0.62-0.38-0.45-0.8-0.83-0.68-0.03-0.89-0.85-0.650.16-0.83-0.7-0.79-0.83-0.73-0.88-0.82-0.92-0.35-0.92
0.510.580.490.47-0.12-0.380.780.460.290.70.270.530.50.190.090.530.310.640.280.230.430.420.440.460.57
0.570.580.570.49-0.27-0.450.780.50.380.920.110.610.540.370.120.560.350.830.310.440.460.490.50.40.63
1.00.940.991.00.6-0.80.460.50.940.71-0.20.920.990.85-0.170.990.950.860.920.90.930.970.890.570.89
0.930.830.930.920.65-0.830.290.380.940.63-0.330.830.930.89-0.090.920.930.790.970.90.920.950.880.350.8
0.770.710.780.70.0-0.680.70.920.710.630.020.810.740.53-0.020.750.580.950.570.620.70.740.710.50.83
-0.17-0.19-0.18-0.2-0.05-0.030.270.11-0.2-0.330.020.07-0.12-0.410.05-0.14-0.330.02-0.31-0.27-0.24-0.20.070.310.12
0.940.820.940.910.49-0.890.530.610.920.830.810.070.930.68-0.10.920.790.910.840.770.90.930.90.70.98
0.990.920.980.980.61-0.850.50.540.990.930.74-0.120.930.83-0.161.00.910.890.910.890.920.950.940.530.92
0.840.830.840.840.53-0.650.190.370.850.890.53-0.410.680.830.070.840.90.720.850.950.790.80.730.240.63
-0.15-0.14-0.14-0.17-0.340.160.090.12-0.17-0.09-0.020.05-0.1-0.160.07-0.16-0.17-0.01-0.08-0.12-0.17-0.09-0.170.08-0.21
0.990.950.980.990.59-0.830.530.560.990.920.75-0.140.921.00.84-0.160.920.890.890.90.910.940.920.540.91
0.930.90.940.950.6-0.70.310.350.950.930.58-0.330.790.910.9-0.170.920.760.90.910.890.920.770.430.75
0.90.840.90.850.24-0.790.640.830.860.790.950.020.910.890.72-0.010.890.760.740.80.820.860.850.540.91
0.910.770.910.90.66-0.830.280.310.920.970.57-0.310.840.910.85-0.080.890.90.740.820.950.930.840.390.79
0.90.890.890.90.59-0.730.230.440.90.90.62-0.270.770.890.95-0.120.90.910.80.820.80.850.830.350.75
0.930.830.930.910.54-0.880.430.460.930.920.7-0.240.90.920.79-0.170.910.890.820.950.80.930.830.440.88
0.970.860.980.960.56-0.820.420.490.970.950.74-0.20.930.950.8-0.090.940.920.860.930.850.930.870.60.89
0.90.780.880.870.67-0.920.440.50.890.880.710.070.90.940.73-0.170.920.770.850.840.830.830.870.450.92
0.580.540.60.590.2-0.350.460.40.570.350.50.310.70.530.240.080.540.430.540.390.350.440.60.450.62
0.910.810.910.880.5-0.920.570.630.890.80.830.120.980.920.63-0.210.910.750.910.790.750.880.890.920.62
Click cells to compare fundamentals

First Majestic Account Relationship Matchups

First Majestic fundamental ratios 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 Total784.9M881.5M1.7B1.7B1.7B1.8B
Non Currrent Assets Other21.7M29.5M126.5M143.6M146.2M153.5M
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 Equity74.1M1K98.9M98.9M(10.1M)(9.6M)
Total Liab365.6M387.3M714.0M698.7M618.2M649.1M
Property Plant And Equipment Gross(41.6M)782.3M2.1B2.5B2.0B2.1B
Total Current Assets243.0M356.0M397.2M370.3M309.1M324.5M
Accumulated Other Comprehensive Income90.7M102.0M98.9M98.9M88.0M92.4M
Other Assets57.9M1K200.8M200.6M230.7M242.2M
Other Current Liab23.0M36.0M60.5M115.8M62.6M65.7M
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

Currently Active Assets on Macroaxis

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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.