First Majestic Silver Balance Sheet Health
Financial Health criteria checks 4/6
First Majestic Silver has a total shareholder equity of $1.3B and total debt of $222.0M, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are $2.0B and $615.8M respectively.
Key information
16.6%
Debt to equity ratio
US$221.97m
Debt
Interest coverage ratio | n/a |
Cash | US$154.01m |
Equity | US$1.34b |
Total liabilities | US$615.75m |
Total assets | US$1.96b |
Recent financial health updates
Would First Majestic Silver (TSE:FR) Be Better Off With Less Debt?
Nov 09We Think First Majestic Silver (TSE:FR) Has A Fair Chunk Of Debt
Jul 17We Think First Majestic Silver (TSE:FR) Is Taking Some Risk With Its Debt
Dec 09These 4 Measures Indicate That First Majestic Silver (TSE:FR) Is Using Debt Extensively
Aug 08Does First Majestic Silver (TSE:FR) Have A Healthy Balance Sheet?
May 09Recent updates
First Majestic Silver Corp.'s (TSE:AG) Share Price Not Quite Adding Up
Jun 13Investors Still Aren't Entirely Convinced By First Majestic Silver Corp.'s (TSE:FR) Revenues Despite 27% Price Jump
Mar 15First Majestic Silver Corp.'s (TSE:FR) Shareholders Might Be Looking For Exit
Dec 18Would First Majestic Silver (TSE:FR) Be Better Off With Less Debt?
Nov 09We Think First Majestic Silver (TSE:FR) Has A Fair Chunk Of Debt
Jul 17First Majestic Silver Corp.'s (TSE:FR) Share Price Matching Investor Opinion
May 07We Think First Majestic Silver (TSE:FR) Is Taking Some Risk With Its Debt
Dec 09These 4 Measures Indicate That First Majestic Silver (TSE:FR) Is Using Debt Extensively
Aug 08Does First Majestic Silver (TSE:FR) Have A Healthy Balance Sheet?
May 09Financial Position Analysis
Short Term Liabilities: AG's short term assets ($279.4M) exceed its short term liabilities ($119.9M).
Long Term Liabilities: AG's short term assets ($279.4M) do not cover its long term liabilities ($495.9M).
Debt to Equity History and Analysis
Debt Level: AG's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: AG's debt to equity ratio has reduced from 23.7% to 16.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.