First Cash And Short Term Investments from 2010 to 2024

AG Stock  USD 6.11  0.03  0.49%   
First Majestic's Cash And Short Term Investments are increasing over the last several years with slightly volatile swings. Cash And Short Term Investments are estimated to finish at about 197.4 M this year. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2001-09-30
Previous Quarter
210.5 M
Current Value
218.7 M
Quarterly Volatility
79.6 M
 
Housing Crash
 
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 Majestic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 132.5 M, Interest Expense of 16 M or Selling General Administrative of 52.9 M, as well as many indicators such as Price To Sales Ratio of 2.78, Dividend Yield of 0.0021 or PTB Ratio of 1.31. First financial statements analysis is a perfect complement when working with First Majestic Valuation or Volatility modules.
  
Check out the analysis of First Majestic Correlation against competitors.

Latest First Majestic's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of First Majestic Silver over the last few years. Short Term Investments is an account in the current assets section of First Majestic Silver balance sheet. This account contains First Majestic investments that will expire within one year. These investments include stocks and bonds that can be liquidated by First Majestic Silver fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. First Majestic's Cash And Short Term Investments 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.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

First Cash And Short Term Investments Regression Statistics

Arithmetic Mean132,417,598
Geometric Mean64,891,250
Coefficient Of Variation61.69
Mean Deviation66,923,315
Median129,467,000
Standard Deviation81,685,394
Sample Variance6672.5T
Range274.9M
R-Value0.78
Mean Square Error2804.9T
R-Squared0.61
Significance0.0006
Slope14,261,796
Total Sum of Squares93415.1T

First Cash And Short Term Investments History

2024197.4 M
2023188 M
2022186 M
2021264.4 M
2020274.9 M
2019175.5 M
201863.4 M

About First Majestic Financial Statements

First Majestic stakeholders use historical fundamental indicators, such as First Majestic's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although First Majestic investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Majestic's assets and liabilities are reflected in the revenues and expenses on First Majestic's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Majestic Silver. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments188 M197.4 M

Currently Active Assets on Macroaxis

Check out the analysis of First Majestic Correlation against competitors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Metals & Mining space 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
(0.26)
Revenue Per Share
1.8
Quarterly Revenue Growth
0.097
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.