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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FMV's short term assets ($309.1M) exceed its short term liabilities ($120.1M).
Long Term Liabilities: FMV's short term assets ($309.1M) do not cover its long term liabilities ($498.1M).
Debt to Equity History and Analysis
Debt Level: FMV's net debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: FMV'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: FMV has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if FMV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.