First Majestic Silver (First Majestic Silver) Total Current Assets

: $309.1 Mil (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. First Majestic Silver's total current assets for the quarter that ended in Dec. 2023 was $309.1 Mil.

First Majestic Silver Total Current Assets Historical Data

The historical data trend for First Majestic Silver's Total Current Assets 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.

* Premium members only.

First Majestic Silver Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

242.98

356.05

397.21

370.29

309.06

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
Total Current Assets																370.29	325.37	362.80	298.26	309.06

First Majestic Silver Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

First Majestic Silver's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	187.961	+	48.686	+	63.69	+	8.72
	=	309.1

First Majestic Silver's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	187.961	+	48.686	+	63.69	+	8.72
	=	309.1

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

First Majestic Silver (NYSE:AG) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

First Majestic Silver's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	187.961	-	618.235	+	0.75 * 10.099	+	0.5 * 63.69
=	-390.9

First Majestic Silver Total Current Assets Related Terms

Thank you for viewing the detailed overview of First Majestic Silver's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

First Majestic Silver (First Majestic Silver) Business Description

Industry

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

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