First Majestic Silver (First Majestic Silver) Debt-to-Asset

: 0.13 (As of Dec. 2023)

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First Majestic Silver's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $18.2 Mil. First Majestic Silver's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $238.3 Mil. First Majestic Silver's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $1,976.4 Mil. First Majestic Silver's debt to asset for the quarter that ended in Dec. 2023 was 0.13.

First Majestic Silver Debt-to-Asset Historical Data

The historical data trend for First Majestic Silver's Debt-to-Asset 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

Debt-to-Asset

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0.18

0.14

0.10

0.12

0.13

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
Debt-to-Asset	Get a 7-Day Free Trial															0.12	0.13	0.13	0.13	0.13

Competitive Comparison

For the Silver subindustry, First Majestic Silver's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Majestic Silver Debt-to-Asset Distribution

For the Metals & Mining industry and Basic Materials sector, First Majestic Silver's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where First Majestic Silver's Debt-to-Asset falls into.

First Majestic Silver Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

First Majestic Silver's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(18.202	+	238.312)	/	1976.355
	=	0.13

First Majestic Silver's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(18.202	+	238.312)	/	1976.355
	=	0.13

First Majestic Silver (NYSE:AG) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

First Majestic Silver Debt-to-Asset Related Terms

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First Majestic Silver (First Majestic Silver) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » First Majestic Silver Corp (NYSE:AG) » Definitions » Debt-to-Asset

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