First Interest Coverage from 2010 to 2024

AG Stock  USD 7.94  0.51  6.86%   
First Majestic's Interest Coverage is decreasing over the last several years with slightly volatile swings. Interest Coverage is estimated to finish at -3.59 this year. During the period from 2010 to 2024 First Majestic Silver Interest Coverage regressed destribution of quarterly values had coefficient of variationof  757.76 and r-value of (0.35). View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
(3.78)
Current Value
(3.59)
Quarterly Volatility
34.44778418
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Majestic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First main balance sheet or income statement drivers, such as Depreciation And Amortization of 143.8 M, Interest Expense of 16 M or Selling General Administrative of 52.9 M, as well as many exotic indicators such as Price To Sales Ratio of 2.82, Dividend Yield of 0.0021 or PTB Ratio of 1.35. First financial statements analysis is a perfect complement when working with First Majestic Valuation or Volatility modules.
  
This module can also supplement First Majestic's financial leverage analysis and stock options assessment as well as various First Majestic Technical models . Check out the analysis of First Majestic Correlation against competitors.

Latest First Majestic's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of First Majestic Silver over the last few years. It is First Majestic's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Majestic's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

First Interest Coverage Regression Statistics

Arithmetic Mean4.55
Geometric Mean10.62
Coefficient Of Variation757.76
Mean Deviation20.89
Median(3.59)
Standard Deviation34.45
Sample Variance1,187
Range136
R-Value(0.35)
Mean Square Error1,124
R-Squared0.12
Significance0.21
Slope(2.67)
Total Sum of Squares16,613

First Interest Coverage History

2024 -3.59
2023 -3.78
2022 -3.91
2021 3.92
2020 3.34
2019 2.36
2018 -22.84

About First Majestic Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include First Majestic income statement, its balance sheet, and the statement of cash flows. First Majestic investors use historical funamental indicators, such as First Majestic's Interest Coverage, to determine how well the company is positioned to perform in the future. Although First Majestic investors may use each financial statement separately, they are all related. The changes in First Majestic's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Majestic's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on First Majestic Financial Statements. Understanding these patterns can help to make the right decision on long term investment in First Majestic. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage(3.78)(3.59)

Currently Active Assets on Macroaxis

When determining whether First Majestic Silver is a strong investment it is important to analyze First Majestic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Majestic's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out the analysis of First Majestic Correlation against competitors.
Note that the First Majestic Silver information on this page should be used as a complementary analysis to other First Majestic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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When running First Majestic's price analysis, check to measure First Majestic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Majestic is operating at the current time. Most of First Majestic's value examination focuses on studying past and present price action to predict the probability of First Majestic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Majestic's price. Additionally, you may evaluate how the addition of First Majestic to your portfolios can decrease your overall portfolio volatility.
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Is First Majestic's industry 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
(0.16)
Revenue Per Share
1.831
Quarterly Revenue Growth
(0.33)
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.