First Majestic Silver Balance Sheet Health
Financial Health criteria checks 4/6
First Majestic Silver has a total shareholder equity of $1.4B and total debt of $219.8M, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are $2.0B and $618.2M respectively.
Key information
16.2%
Debt to equity ratio
US$219.81m
Debt
| Interest coverage ratio | n/a |
| Cash | US$187.96m |
| Equity | US$1.36b |
| Total liabilities | US$618.24m |
| Total assets | US$1.98b |
Recent financial health updates
Would First Majestic Silver (TSE:FR) Be Better Off With Less Debt?
Nov 09
We 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
Investors 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: FR's short term assets ($309.1M) exceed its short term liabilities ($120.1M).
Long Term Liabilities: FR's short term assets ($309.1M) do not cover its long term liabilities ($498.1M).
Debt to Equity History and Analysis
Debt Level: FR's net debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: FR's debt to equity ratio has reduced from 25.1% to 16.2% 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: FR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if FR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.