First Historical Income Statement
AG Stock | USD 7.17 0.13 1.85% |
Historical analysis of First Majestic income statement accounts such as Interest Expense of 16 M or Selling General Administrative of 52.9 M can show how well First Majestic Silver performed in making a profits. Evaluating First Majestic income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Majestic's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining First Majestic Silver latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Majestic Silver is a good buy for the upcoming year.
First |
About First Income Statement Analysis
First Majestic Silver Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Majestic shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
First Majestic Income Statement Chart
First Majestic Silver Income Statement is one of the three primary financial statements used for reporting First's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of First Majestic Silver revenue and expense. First Majestic Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, First Majestic's Selling General Administrative is most likely to increase significantly in the upcoming years. The First Majestic's current Total Revenue is estimated to increase to about 613.5 M, while Operating Income is forecasted to increase to (54.8 M). Add Fundamental
Total Revenue
Total revenue comprises all receipts First Majestic Silver generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First Majestic Silver. It is also known as First Majestic overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from First Majestic's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Majestic Silver current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. At this time, First Majestic's Selling General Administrative is most likely to increase significantly in the upcoming years. The First Majestic's current Total Revenue is estimated to increase to about 613.5 M, while Operating Income is forecasted to increase to (54.8 M).
First Majestic income statement Correlations
Click cells to compare fundamentals
First Majestic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Majestic income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 67.2M | 64.7M | 116.4M | 137.4M | 137.0M | 143.8M | |
Interest Expense | 12.0M | 12.1M | 12.6M | 12.9M | 15.2M | 16.0M | |
Selling General Administrative | 33.5M | 31.2M | 37.7M | 48.7M | 50.4M | 52.9M | |
Total Revenue | 368.8M | 366.7M | 587.2M | 626.9M | 584.3M | 613.5M | |
Gross Profit | 67.9M | 105.1M | 101.4M | 16.8M | 16.1M | 15.3M | |
Other Operating Expenses | 346.1M | 318.7M | 540.4M | 678.5M | 642.0M | 674.1M | |
Operating Income | 28.4M | 40.4M | 49.2M | (50.5M) | (57.7M) | (54.8M) | |
Ebit | 28.4M | 40.4M | 49.2M | (50.5M) | (57.7M) | (54.8M) | |
Ebitda | 95.6M | 105.0M | 165.6M | 86.9M | 79.3M | 61.4M | |
Total Operating Expenses | 45.1M | 57.1M | 54.6M | 68.4M | 73.8M | 77.5M | |
Income Before Tax | (39.0M) | 29.7M | 25.3M | (61.4M) | (199.5M) | (189.5M) | |
Total Other Income Expense Net | (67.4M) | (10.6M) | (24.0M) | (10.9M) | (141.8M) | (134.7M) | |
Net Income | (40.5M) | 23.1M | (4.9M) | (114.3M) | (137.6M) | (130.7M) | |
Income Tax Expense | 1.5M | 6.6M | 30.2M | 52.9M | (61.9M) | (58.8M) | |
Net Income From Continuing Ops | (40.5M) | 23.1M | (4.9M) | (114.3M) | (162.2M) | (154.1M) | |
Cost Of Revenue | 301.0M | 261.6M | 485.8M | 610.1M | 568.2M | 596.6M | |
Net Income Applicable To Common Shares | (40.5M) | 23.1M | (4.9M) | (114.3M) | (102.8M) | (97.7M) | |
Tax Provision | 1.5M | 6.6M | 30.2M | 52.9M | (62.1M) | (58.9M) | |
Interest Income | 3.9M | 1.1M | 13.0M | 2.4M | 7.1M | 5.6M | |
Net Interest Income | (6.4M) | (11.3M) | (12.1M) | (11.9M) | (10.5M) | (11.0M) | |
Reconciled Depreciation | 67.2M | 56.3M | 118.3M | 137.4M | 131.9M | 107.4M |
Currently Active Assets on Macroaxis
MSFT | Microsoft | |
GM | General Motors | |
CRM | Salesforce | |
MSFT | Microsoft | |
GOOG | Alphabet Inc Class C |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for First Stock analysis
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.
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |
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.