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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AG1 N's short term assets ($279.4M) exceed its short term liabilities ($119.9M).
Long Term Liabilities: AG1 N's short term assets ($279.4M) do not cover its long term liabilities ($495.9M).
Debt to Equity History and Analysis
Debt Level: AG1 N's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: AG1 N'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: AG1 N has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AG1 N has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.