First Ptb Ratio vs Dividend Yield Analysis
FR Stock | CAD 8.40 0.02 0.24% |
First Majestic financial indicator trend analysis is much more than just examining First Majestic Silver latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Majestic Silver is a good investment. Please check the relationship between First Majestic Ptb Ratio and its Dividend Yield accounts. Check out Investing Opportunities 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 closely tied with the direction of predictive economic indicators such as signals in estimate.
Ptb Ratio vs Dividend Yield
Ptb Ratio vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Majestic Silver Ptb Ratio account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between First Majestic's Ptb Ratio and Dividend Yield is -0.32. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of First Majestic Silver, assuming nothing else is changed. The correlation between historical values of First Majestic's Ptb Ratio and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of First Majestic Silver are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Ptb Ratio i.e., First Majestic's Ptb Ratio and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Dividend Yield
Dividend Yield is First Majestic Silver dividend as a percentage of First Majestic stock price. First Majestic Silver dividend yield is a measure of First Majestic stock productivity, which can be interpreted as interest rate earned on an First Majestic investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Most indicators from First Majestic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities 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 closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, First Majestic's Selling General Administrative is very stable compared to the past year. As of the 17th of June 2024, Sales General And Administrative To Revenue is likely to grow to 0.12, though Tax Provision is likely to grow to (57.8 M).
First Majestic fundamental ratios Correlations
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First Majestic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Majestic fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.0B | 1.2B | 2.1B | 2.1B | 2.0B | 2.1B | |
Total Current Liabilities | 71.9M | 101.6M | 172.8M | 167.4M | 120.1M | 126.1M | |
Total Stockholder Equity | 662.3M | 850.2M | 1.4B | 1.4B | 1.4B | 1.4B | |
Property Plant And Equipment Net | 712.1M | 782.3M | 1.5B | 1.5B | 1.4B | 1.5B | |
Net Debt | 8.7M | (65.3M) | (16.8M) | 96.5M | 93.8M | 98.5M | |
Retained Earnings | (361.6M) | (338.9M) | (347.8M) | (468.9M) | (609.9M) | (579.4M) | |
Accounts Payable | 36.3M | 49.9M | 72.4M | 71.1M | 48.2M | 24.9M | |
Cash | 169.0M | 238.6M | 237.9M | 151.4M | 125.6M | 79.9M | |
Non Current Assets Total | 784.9M | 881.5M | 1.7B | 1.7B | 1.7B | 1.8B | |
Non Currrent Assets Other | 21.7M | 29.5M | 126.5M | 143.6M | 125.6M | 131.9M | |
Cash And Short Term Investments | 175.5M | 274.9M | 264.4M | 186.0M | 213.9M | 224.6M | |
Net Receivables | 33.9M | 45.9M | 54.3M | 41.2M | 10.1M | 9.6M | |
Common Stock Shares Outstanding | 201.6M | 215.9M | 244.7M | 263.1M | 287.1M | 301.5M | |
Liabilities And Stockholders Equity | 1.0B | 1.2B | 2.1B | 2.1B | 2.4B | 2.5B | |
Non Current Liabilities Total | 293.8M | 285.7M | 541.2M | 531.3M | 498.1M | 523.0M | |
Other Current Assets | 3.0M | (1K) | 17.9M | 5.6M | 8.7M | 9.2M | |
Other Stockholder Equity | 90.7M | 102.0M | 98.9M | (12.0M) | (13.8M) | (13.1M) | |
Total Liab | 365.6M | 387.3M | 714.0M | 698.7M | 618.2M | 649.1M | |
Property Plant And Equipment Gross | 712.1M | 782.3M | 2.1B | 2.5B | 2.0B | 2.1B | |
Total Current Assets | 243.0M | 356.0M | 397.2M | 370.3M | 309.1M | 324.5M | |
Accumulated Other Comprehensive Income | 90.7M | 102.0M | 98.9M | 98.9M | 113.8M | 119.4M | |
Other Assets | 57.9M | 1K | 200.8M | 188.3M | 216.5M | 227.3M | |
Inventory | 30.5M | 32.5M | 60.6M | 64.8M | 63.7M | 66.9M | |
Short Long Term Debt Total | 177.8M | 173.3M | 221.1M | 247.9M | 285.1M | 299.4M | |
Other Current Liab | 45.9M | 32.7M | 76.2M | 78.5M | 90.3M | 94.8M | |
Short Term Debt | 8.1M | 16.3M | 12.0M | 14.4M | 16.5M | 16.8M | |
Current Deferred Revenue | 4.5M | 2.7M | 12.2M | 3.4M | 3.9M | 2.9M | |
Short Term Investments | 6.5M | 36.3M | 26.5M | 34.5M | 62.4M | 65.5M | |
Common Stock Total Equity | 636.7M | 827.6M | 933.2M | 1.1B | 1.3B | 727.3M | |
Common Stock | 933.2M | 1.1B | 1.7B | 1.8B | 2.0B | 2.2B | |
Other Liab | 109.1M | 128.7M | 332.1M | 297.7M | 342.4M | 185.6M | |
Net Tangible Assets | 662.3M | 850.2M | 1.4B | 1.4B | 1.6B | 854.7M | |
Long Term Debt | 154.6M | 141.7M | 181.1M | 209.8M | 219.0M | 117.3M | |
Short Long Term Debt | 1.2M | 11.0M | 125K | 551K | 426K | 404.7K | |
Property Plant Equipment | 712.1M | 782.3M | 1.5B | 1.5B | 1.8B | 937.0M | |
Long Term Debt Total | 169.7M | 157.0M | 209.1M | 233.6M | 268.6M | 137.1M | |
Capital Lease Obligations | 21.9M | 20.6M | 39.9M | 37.6M | 36.7M | 24.7M | |
Non Current Liabilities Other | 4.7M | 5.4M | 5.8M | 5.7M | 5.6M | 4.7M | |
Net Invested Capital | 818.1M | 993.1M | 1.6B | 1.6B | 1.6B | 1.2B |
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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 Investing Opportunities 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 closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.