First Retained Earnings vs Long Term Debt Analysis

AG Stock

USD 6.11 0.03 0.49%

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 Retained Earnings and its Long Term Debt accounts. 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 closely tied with the direction of predictive economic indicators such as signals in price.

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Majestic Silver Retained Earnings account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between First Majestic's Retained Earnings and Long Term Debt is -0.92. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Debt 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 Retained Earnings and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of First Majestic Silver are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Retained Earnings i.e., First Majestic's Retained Earnings and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.92

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Long Term Debt

Long-term debt is a debt that First Majestic Silver has held for over one year. Long-term debt appears on First Majestic Silver balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on First Majestic Silver balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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 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 closely tied with the direction of predictive economic indicators such as signals in price.

At this time, First Majestic's Enterprise Value is most likely to increase significantly in the upcoming years.

First Majestic fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Assets	Other Current Liab	Other Liab	Net Tangible Assets	Long Term Debt	Good Will	Common Stock Total Equity
Total Assets		0.94	1.0	0.99	0.55	-0.82	0.51	0.57	1.0	0.93	0.77	-0.17	0.94	0.99	0.84	-0.15	0.99	0.93	0.9	0.91	0.9	0.93	0.97	0.9	0.58	0.91
Total Current Liabilities	0.94		0.93	0.95	0.46	-0.68	0.58	0.58	0.94	0.83	0.71	-0.19	0.82	0.92	0.83	-0.14	0.95	0.9	0.84	0.77	0.89	0.83	0.86	0.78	0.54	0.81
Total Stockholder Equity	1.0	0.93		0.99	0.53	-0.81	0.49	0.57	0.99	0.93	0.78	-0.18	0.94	0.98	0.84	-0.14	0.98	0.94	0.9	0.91	0.89	0.93	0.98	0.88	0.6	0.91
Property Plant And Equipment Net	0.99	0.95	0.99		0.6	-0.78	0.47	0.49	1.0	0.92	0.7	-0.2	0.91	0.98	0.84	-0.17	0.99	0.95	0.85	0.9	0.9	0.91	0.96	0.87	0.59	0.88
Net Debt	0.55	0.46	0.53	0.6		-0.62	-0.12	-0.27	0.6	0.65	0.0	-0.05	0.49	0.61	0.53	-0.34	0.59	0.6	0.24	0.66	0.59	0.54	0.56	0.67	0.2	0.5
Retained Earnings	-0.82	-0.68	-0.81	-0.78	-0.62		-0.38	-0.45	-0.8	-0.83	-0.68	-0.03	-0.89	-0.85	-0.65	0.16	-0.83	-0.7	-0.79	-0.83	-0.73	-0.88	-0.82	-0.92	-0.35	-0.92
Accounts Payable	0.51	0.58	0.49	0.47	-0.12	-0.38		0.78	0.46	0.29	0.7	0.27	0.53	0.5	0.19	0.09	0.53	0.31	0.64	0.28	0.23	0.43	0.42	0.44	0.46	0.57
Cash	0.57	0.58	0.57	0.49	-0.27	-0.45	0.78		0.5	0.38	0.92	0.11	0.61	0.54	0.37	0.12	0.56	0.35	0.83	0.31	0.44	0.46	0.49	0.5	0.4	0.63
Non Current Assets Total	1.0	0.94	0.99	1.0	0.6	-0.8	0.46	0.5		0.94	0.71	-0.2	0.92	0.99	0.85	-0.17	0.99	0.95	0.86	0.92	0.9	0.93	0.97	0.89	0.57	0.89
Non Currrent Assets Other	0.93	0.83	0.93	0.92	0.65	-0.83	0.29	0.38	0.94		0.63	-0.33	0.83	0.93	0.89	-0.09	0.92	0.93	0.79	0.97	0.9	0.92	0.95	0.88	0.35	0.8
Cash And Short Term Investments	0.77	0.71	0.78	0.7	0.0	-0.68	0.7	0.92	0.71	0.63		0.02	0.81	0.74	0.53	-0.02	0.75	0.58	0.95	0.57	0.62	0.7	0.74	0.71	0.5	0.83
Net Receivables	-0.17	-0.19	-0.18	-0.2	-0.05	-0.03	0.27	0.11	-0.2	-0.33	0.02		0.07	-0.12	-0.41	0.05	-0.14	-0.33	0.02	-0.31	-0.27	-0.24	-0.2	0.07	0.31	0.12
Common Stock Shares Outstanding	0.94	0.82	0.94	0.91	0.49	-0.89	0.53	0.61	0.92	0.83	0.81	0.07		0.93	0.68	-0.1	0.92	0.79	0.91	0.84	0.77	0.9	0.93	0.9	0.7	0.98
Non Current Liabilities Total	0.99	0.92	0.98	0.98	0.61	-0.85	0.5	0.54	0.99	0.93	0.74	-0.12	0.93		0.83	-0.16	1.0	0.91	0.89	0.91	0.89	0.92	0.95	0.94	0.53	0.92
Other Current Assets	0.84	0.83	0.84	0.84	0.53	-0.65	0.19	0.37	0.85	0.89	0.53	-0.41	0.68	0.83		0.07	0.84	0.9	0.72	0.85	0.95	0.79	0.8	0.73	0.24	0.63
Other Stockholder Equity	-0.15	-0.14	-0.14	-0.17	-0.34	0.16	0.09	0.12	-0.17	-0.09	-0.02	0.05	-0.1	-0.16	0.07		-0.16	-0.17	-0.01	-0.08	-0.12	-0.17	-0.09	-0.17	0.08	-0.21
Total Liab	0.99	0.95	0.98	0.99	0.59	-0.83	0.53	0.56	0.99	0.92	0.75	-0.14	0.92	1.0	0.84	-0.16		0.92	0.89	0.89	0.9	0.91	0.94	0.92	0.54	0.91
Property Plant And Equipment Gross	0.93	0.9	0.94	0.95	0.6	-0.7	0.31	0.35	0.95	0.93	0.58	-0.33	0.79	0.91	0.9	-0.17	0.92		0.76	0.9	0.91	0.89	0.92	0.77	0.43	0.75
Total Current Assets	0.9	0.84	0.9	0.85	0.24	-0.79	0.64	0.83	0.86	0.79	0.95	0.02	0.91	0.89	0.72	-0.01	0.89	0.76		0.74	0.8	0.82	0.86	0.85	0.54	0.91
Other Assets	0.91	0.77	0.91	0.9	0.66	-0.83	0.28	0.31	0.92	0.97	0.57	-0.31	0.84	0.91	0.85	-0.08	0.89	0.9	0.74		0.82	0.95	0.93	0.84	0.39	0.79
Other Current Liab	0.9	0.89	0.89	0.9	0.59	-0.73	0.23	0.44	0.9	0.9	0.62	-0.27	0.77	0.89	0.95	-0.12	0.9	0.91	0.8	0.82		0.8	0.85	0.83	0.35	0.75
Other Liab	0.93	0.83	0.93	0.91	0.54	-0.88	0.43	0.46	0.93	0.92	0.7	-0.24	0.9	0.92	0.79	-0.17	0.91	0.89	0.82	0.95	0.8		0.93	0.83	0.44	0.88
Net Tangible Assets	0.97	0.86	0.98	0.96	0.56	-0.82	0.42	0.49	0.97	0.95	0.74	-0.2	0.93	0.95	0.8	-0.09	0.94	0.92	0.86	0.93	0.85	0.93		0.87	0.6	0.89
Long Term Debt	0.9	0.78	0.88	0.87	0.67	-0.92	0.44	0.5	0.89	0.88	0.71	0.07	0.9	0.94	0.73	-0.17	0.92	0.77	0.85	0.84	0.83	0.83	0.87		0.45	0.92
Good Will	0.58	0.54	0.6	0.59	0.2	-0.35	0.46	0.4	0.57	0.35	0.5	0.31	0.7	0.53	0.24	0.08	0.54	0.43	0.54	0.39	0.35	0.44	0.6	0.45		0.62
Common Stock Total Equity	0.91	0.81	0.91	0.88	0.5	-0.92	0.57	0.63	0.89	0.8	0.83	0.12	0.98	0.92	0.63	-0.21	0.91	0.75	0.91	0.79	0.75	0.88	0.89	0.92	0.62

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First Majestic Account Relationship Matchups

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	130.5M	137.1M
Retained Earnings	(361.6M)	(338.9M)	(347.8M)	(468.9M)	(606.8M)	(576.4M)
Accounts Payable	36.3M	49.9M	72.4M	19.0M	31.9M	22.4M
Cash	169.0M	238.6M	237.9M	151.4M	125.6M	77.3M
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	146.2M	153.5M
Cash And Short Term Investments	175.5M	274.9M	264.4M	186.0M	188.0M	197.4M
Net Receivables	33.9M	45.9M	7.7M	8.6M	10.1M	16.9M
Common Stock Shares Outstanding	201.6M	215.9M	244.7M	263.1M	282.3M	296.4M
Liabilities And Stockholders Equity	1.0B	1.2B	2.1B	2.1B	2.0B	2.1B
Non Current Liabilities Total	293.8M	285.7M	541.2M	531.3M	498.1M	523.0M
Other Current Assets	3.0M	2.7M	64.5M	111.0M	47.3M	49.7M
Other Stockholder Equity	74.1M	1K	98.9M	98.9M	(10.1M)	(9.6M)
Total Liab	365.6M	387.3M	714.0M	698.7M	618.2M	649.1M
Property Plant And Equipment Gross	(41.6M)	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	88.0M	92.4M
Other Assets	57.9M	1K	200.8M	200.6M	230.7M	242.2M
Other Current Liab	23.0M	36.0M	60.5M	115.8M	62.6M	65.7M
Other Liab	109.1M	128.7M	332.1M	297.7M	342.4M	359.5M
Net Tangible Assets	662.3M	850.2M	1.4B	1.4B	1.6B	1.7B
Long Term Debt	154.6M	141.7M	181.1M	209.8M	219.0M	229.9M
Common Stock Total Equity	636.7M	827.6M	933.2M	1.1B	1.3B	1.3B
Short Term Investments	6.5M	36.3M	26.5M	34.5M	62.4M	65.5M
Inventory	30.5M	32.5M	60.6M	64.8M	63.7M	66.9M
Short Long Term Debt	1.2M	11.0M	125K	551K	426K	404.7K
Short Term Debt	8.1M	6.5M	11.9M	14.4M	18.2M	15.5M
Common Stock	933.2M	1.1B	1.7B	1.8B	1.9B	2.0B
Property Plant Equipment	712.1M	782.3M	1.5B	1.5B	1.8B	1.9B
Short Long Term Debt Total	177.8M	173.3M	221.1M	247.9M	256.1M	268.9M
Current Deferred Revenue	4.5M	2.7M	12.2M	3.4M	2.3M	2.6M
Long Term Debt Total	151.2M	169.7M	157.0M	209.1M	240.5M	252.5M

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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.

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First Retained Earnings vs Long Term Debt Analysis

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Long Term Debt

First Majestic fundamental ratios Correlations

First Majestic Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Majestic fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Assets

Common Stock Total Equity	- 0.92	Retained Earnings
Long Term Debt	- 0.92	Retained Earnings
Common Stock Shares Outstanding	- 0.89	Retained Earnings
Other Liab	- 0.88	Retained Earnings
Non Current Liabilities Total	- 0.85	Retained Earnings
Other Assets	- 0.83	Retained Earnings