First Financial Statements From 2010 to 2021

AG -  USA Stock  

USD 16.18  0.22  1.34%

First Majestic financial statements provide useful quarterly and yearly information to potential First Majestic Silver investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on First Majestic financial statements helps investors assess First Majestic's valuation, profitability, and current liquidity needs.
There are over eighty-six available fundamental signals for First Majestic Silver, which can be analyzed over time and compared to other ratios. Please make sure to verify all of First Majestic's prevailing performance against the performance from 2010 to 2021 to make sure the company is sustainable down the road.
First Majestic Earnings before Tax are projected to decrease significantly based on the last few years of reporting. The past year's Earnings before Tax were at 29.73 Million. The current year Working Capital is expected to grow to about 274.5 M, whereas Average Equity is forecasted to decline to about 700.9 M.

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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 Consolidated Income of 24.9 M, Cost of Revenue of 250.2 M or Earning Before Interest and Taxes EBIT of 48 M, as well as many exotic indicators such as Asset Turnover of 0.33, Book Value per Share of 3.72 or Current Ratio of 3.08. First financial statements analysis is a perfect complement when working with First Majestic Valuation or Volatility modules. It can also supplement various First Majestic Technical models. Please continue to the analysis of First Majestic Correlation against competitors.

First Majestic Revenues

343.41 MillionShare

First Majestic Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.1 B1.2 B821.4 M
Increasing
Slightly volatile
Cash and Equivalents257.4 M238.6 M113.3 M
Increasing
Slightly volatile
Investments39.2 M36.3 M12.1 M
Increasing
Slightly volatile
Investments Current39.2 M36.3 M11.8 M
Increasing
Slightly volatile
Investments Non CurrentMM3.3 M
Decreasing
Slightly volatile
Deferred Revenue2.9 M2.7 M1.7 M
Increasing
Slightly volatile
Property Plant and Equipment Net755.1 M782.3 M606.6 M
Increasing
Slightly volatile
Inventory30.2 M32.5 M23.2 M
Increasing
Slightly volatile
Tax Assets100.5 M126.6 M58 M
Increasing
Slightly volatile
Trade and Non Trade Receivables4.4 M4.3 M12 M
Decreasing
Slightly volatile
Trade and Non Trade Payables63.1 M76 M41.8 M
Increasing
Slightly volatile
Goodwill and Intangible Assets22 M22.1 M24.2 M
Decreasing
Slightly volatile
Total Liabilities342.9 M387.3 M248.8 M
Increasing
Slightly volatile
Shareholders Equity768.7 M850.2 M572.6 M
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit(347.8 M)(338.9 M)(112.7 M)
Decreasing
Slightly volatile
Current Assets384.2 M356 M180 M
Increasing
Slightly volatile
Assets Non Current830.7 M881.5 M650 M
Increasing
Slightly volatile
Current Liabilities89.2 M101.6 M64 M
Increasing
Slightly volatile
Liabilities Non Current253.7 M285.7 M184.8 M
Increasing
Slightly volatile
Tax Liabilities94.9 M78.4 M92.8 M
Increasing
Stable
Total Debt139.6 M173.3 M88.2 M
Increasing
Slightly volatile
Debt Current16.3 M16.3 M18.2 M
Decreasing
Very volatile
Debt Non Current169.3 M156.9 M73.9 M
Increasing
Slightly volatile
Shareholders Equity USD768.7 M850.2 M572.6 M
Increasing
Slightly volatile
Cash and Equivalents USD257.4 M238.6 M113.3 M
Increasing
Slightly volatile
Total Debt USD139.6 M173.3 M88.2 M
Increasing
Slightly volatile

First Majestic Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues343.4 M363.9 M269.1 M
Increasing
Slightly volatile
Cost of Revenue250.2 M258.8 M201.3 M
Increasing
Slightly volatile
Selling General and Administrative Expense24.6 M24.9 M20.2 M
Increasing
Slightly volatile
Operating Expenses78.7 M58.4 M82.6 M
Increasing
Slightly volatile
Interest Expense11.7 M14.8 M7.2 M
Increasing
Slightly volatile
Income Tax Expense7.2 M6.6 M3.5 M
Decreasing
Slightly volatile
Consolidated Income24.9 M23.1 M(18.5 M)
Decreasing
Slightly volatile
Net Income24.9 M23.1 M(18.5 M)
Decreasing
Slightly volatile
Net Income Common Stock24.9 M23.1 M(18.5 M)
Decreasing
Slightly volatile
Weighted Average Shares196.6 M213.9 M149.4 M
Increasing
Slightly volatile
Weighted Average Shares Diluted198.5 M215.9 M151 M
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT48 M44.5 M(7.4 M)
Decreasing
Slightly volatile
Revenues USD343.4 M363.9 M269.1 M
Increasing
Slightly volatile
Net Income Common Stock USD24.9 M23.1 M(18.5 M)
Decreasing
Slightly volatile
Earning Before Interest and Taxes USD48 M44.5 M(7.4 M)
Decreasing
Slightly volatile
Gross Profit113.3 M105.1 M69.5 M
Decreasing
Stable
Operating Income50.4 M46.7 M(11.8 M)
Decreasing
Slightly volatile

First Majestic Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals(2.3 M)(2.3 M)8.4 M
Decreasing
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals(893.4 K)(828 K)(1.4 M)
Increasing
Stable
Net Cash Flow from Financing125.8 M116.6 M38.7 M
Increasing
Slightly volatile
Issuance Repayment of Debt Securities (18.1 M)(17.7 M)(5.3 M)
Decreasing
Very volatile
Issuance Purchase of Equity Shares149.4 M138.4 M39.5 M
Increasing
Slightly volatile
Net Cash Flow from Operations81.3 M79.7 M92.5 M
Decreasing
Stable
Effect of Exchange Rate Changes on Cash 428.3 K397 K33.1 K
Increasing
Stable
Net Cash Flow or Change in Cash and Cash Equivalents74.6 M69.2 M25.6 M
Increasing
Stable
Share Based Compensation8.8 M8.3 M7.8 M
Increasing
Very volatile
Depreciation Amortization and Accretion61.7 M56.3 M55.9 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share0.120.11(0.0716)
Decreasing
Slightly volatile
Earnings per Diluted Share0.120.11(0.0774)
Decreasing
Slightly volatile
Earnings per Basic Share USD0.120.11(0.0716)
Decreasing
Slightly volatile
Return on Average Equity0.03350.031(0.0045)
Decreasing
Slightly volatile
Return on Average Assets0.02270.0210.0036
Decreasing
Slightly volatile
Return on Invested Capital0.03790.0440.0353
Decreasing
Slightly volatile
Gross Margin0.270.2890.2679
Decreasing
Slightly volatile
Profit Margin0.0680.063(0.0545)
Decreasing
Slightly volatile
EBITDA Margin0.220.2770.1847
Decreasing
Slightly volatile
Return on Sales0.130.122(0.0123)
Decreasing
Slightly volatile
Asset Turnover0.330.3230.3777
Decreasing
Slightly volatile
Enterprise Value over EBITDA27.7828.03122.9406
Increasing
Stable
Enterprise Value over EBIT67.9763.011.0811
Decreasing
Very volatile
Price to Earnings Ratio13212229.6655
Increasing
Stable
Sales per Share1.671.7011.823
Decreasing
Slightly volatile
Price to Sales Ratio6.597.95.8546
Decreasing
Stable
Price to Book Value2.963.3122.9012
Decreasing
Slightly volatile
Debt to Equity Ratio0.480.4550.4184
Increasing
Slightly volatile
Current Ratio3.083.5032.9513
Decreasing
Very volatile
Free Cash Flow per Share(0.15)(0.151)(0.0547)
Decreasing
Stable
Book Value per Share3.723.9753.8458
Decreasing
Very volatile
Tangible Assets Book Value per Share6.215.7865.5229
Increasing
Stable

First Majestic Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax32.1 M29.7 M(15 M)
Decreasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA108.7 M100.8 M48.4 M
Decreasing
Stable
Earnings Before Interest Taxes and Depreciation Amortization USD108.7 M100.8 M48.4 M
Decreasing
Stable
Market Capitalization2.3 B2.8 B1.5 B
Increasing
Slightly volatile
Enterprise Value2.3 B2.8 B1.5 B
Increasing
Slightly volatile
Invested Capital977.1 M1.1 B736.3 M
Increasing
Slightly volatile
Average Equity700.9 M756.3 M538 M
Increasing
Slightly volatile
Average AssetsB1.1 B770.4 M
Increasing
Slightly volatile
Invested Capital Average921.7 MB694.4 M
Increasing
Slightly volatile
Tangible Asset Value1.1 B1.2 B819.2 M
Increasing
Slightly volatile
Free Cash Flow(33.1 M)(32.3 M)(10.5 M)
Decreasing
Stable
Working Capital274.5 M254.4 M114.3 M
Increasing
Slightly volatile

First Fundamental Market Drivers

Forward Price Earnings254.29
Shares Short Prior Month16.89M
Average Daily Volume Last 10 Day3.71M
Average Daily Volume In Three Month4.13M
Date Short Interest15th of April 2021
Fifty Day Average16.84
Two Hundred Day Average15.55

First Upcoming Events

Upcoming Quarterly Report5th of August 2021
Next Earnings Report4th of November 2021
Next Fiscal Quarter End30th of June 2021
Next Fiscal Year End17th of February 2022
Last Quarter Report31st of March 2021
Last Earning Announcement30th of June 2020

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 revenue or net income, 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 2021
Deferred Revenue2.7 M2.9 M
Cost of Revenue258.8 M250.2 M
Revenues363.9 M343.4 M
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in Mexico. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada. First Majestic operates under Silver classification in the United States and is traded on New York Stock Exchange.

First Majestic Investors Sentiment

The influence of First Majestic's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in First. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - AG

First Majestic Silver Investor Sentiment

Larger part of Macroaxis users are presently bullish on First Majestic Silver. What is your opinion about investing in First Majestic Silver? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Pair Trading with First Majestic

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Majestic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Majestic will appreciate offsetting losses from the drop in the long position's value.

First Majestic Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for First Majestic and Avino Silver Gold. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Please continue to 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running First Majestic Silver 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 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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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 Silver underlying business (such as 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 First Majestic value 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.