First Majestic Silver (First Majestic Silver) Interest Expense

: $-15.2 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Majestic Silver's interest expense for the three months ended in Dec. 2023 was $ -4.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-15.2 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. First Majestic Silver's Operating Income for the three months ended in Dec. 2023 was $ -2.1 Mil. First Majestic Silver's Interest Expense for the three months ended in Dec. 2023 was $ -4.0 Mil. First Majestic Silver did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

First Majestic Silver Interest Expense Historical Data

The historical data trend for First Majestic Silver's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Majestic Silver Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-12.03

-12.07

-12.55

-12.94

-15.25

First Majestic Silver Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-3.71	-3.49	-3.68	-4.03	-4.05

First Majestic Silver Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15.2 Mil.

First Majestic Silver (NYSE:AG) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

First Majestic Silver's Interest Expense for the three months ended in Dec. 2023 was $-4.0 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-2.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $238.3 Mil.

First Majestic Silver's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

First Majestic Silver did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

First Majestic Silver (First Majestic Silver) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » First Majestic Silver Corp (NYSE:AG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

0QYC:UK FMV:Germany FMV:Germany FMV:Germany FMV:Germany FR:Canada

Address

925 West Georgia Street, Suite 1800, Vancouver, BC, CAN, V6C 3L2

Website

https://www.firstmajestic.com

First Majestic Silver Corp is engaged in the production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. It owns four producing mines, three mines in Mexico consisting of the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, the La Encantada Silver Mine and the Jerritt Canyon Gold Mine in Nevada.

Executives

Vinita Lee Piper

10 percent owner

712 WILCREST, SUITE 3020, HOUSTON TX 77042