First Majestic Silver (XSWX:AG) Liabilities-to-Assets : 0.32 (As of Jun. 2026)

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XSWX:AG First Majestic Silver Corp XSWX:AG
29 GF Score
Price CHF16.32
GF Value CHF9.17
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is First Majestic Silver Liabilities-to-Assets?

First Majestic Silver XSWX:AG +7.24% 29 Liabilities-to-Assets is 0.32 as of Jun. 2026. GuruFocus rates XSWX:AG with a GF Score™ of 29/100 and a GF Value™ of CHF9.17 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. First Majestic Silver's Total Liabilities for the quarter that ended in Jun. 2026 was CHF1,250 Mil. First Majestic Silver's Total Assets for the quarter that ended in Jun. 2026 was CHF3,948 Mil. Therefore, First Majestic Silver's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 was 0.32.


First Majestic Silver  (XSWX:AG) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


First Majestic Silver Liabilities-to-Assets Related Terms


First Majestic Silver Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for First Majestic Silver's Liabilities-to-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.

First Majestic Silver Liabilities-to-Assets Chart

First Majestic Silver Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.33 0.31 0.32 0.32

First Majestic Silver Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.29 0.32 0.31 0.32

XSWX:AG vs EXK: Liabilities-to-Assets Comparison

For the Silver subindustry, First Majestic Silver's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets vs Metals & Mining Industry

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

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


XSWX:AG
29GF Score
First Majestic Silver Corp XSWX:AG
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Majestic Silver Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

First Majestic Silver's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Liabilities-to-Assets (A: Dec. 2025 )=Total Liabilities/Total Assets
=1212.841/3741.378
=0.32

First Majestic Silver's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 is calculated as

Liabilities-to-Assets (Q: Jun. 2026 )=Total Liabilities/Total Assets
=1250.221/3947.819
=0.32

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.32 mean?
First Majestic Silver (XSWX:AG) has a Liabilities-to-Assets of 0.32 as of Jun. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on First Majestic Silver and its competitors.
Is First Majestic Silver's Liabilities-to-Assets too high?
First Majestic Silver's current Liabilities-to-Assets is 0.32. Overall, First Majestic Silver has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Majestic Silver's Liabilities-to-Assets compare to EXK?
First Majestic Silver's Liabilities-to-Assets of 0.32 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Metals & Mining company?
A good Liabilities-to-Assets depends on the Metals & Mining industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on First Majestic Silver and its competitors. First Majestic Silver's current Liabilities-to-Assets is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Majestic Silver stock overvalued right now?
Based on GuruFocus' analysis, First Majestic Silver (XSWX:AG) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF9.17, compared to a current price of CHF16.32 — trading 78% above its estimated fair value. The current Liabilities-to-Assets is 0.32. First Majestic Silver's overall GF Score™ is 29/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For First Majestic Silver (XSWX:AG), the current Liabilities-to-Assets is 0.32 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Majestic Silver (XSWX:AG) Overvalued in 2026?

Based on GuruFocus' analysis, First Majestic Silver stock appears to be overvalued. The current stock price of CHF16.32 is trading 78% above its estimated GF Value™ of CHF9.17. GuruFocus considers First Majestic Silver to be Significantly Overvalued.

Key valuation signals for XSWX:AG:

  • Liabilities-to-Assets: 0.32
  • GF Value™: CHF9.17 vs. price of CHF16.32 (78% above fair value)
  • GF Score™: 29/100 with 2 warning signs

No single metric tells the full story. See the XSWX:AG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Majestic Silver Business Description

Address 925 West Georgia Street, Suite 1800, Vancouver, BC, CAN, V6C 3L2
First Majestic Silver Corp is in the business of production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. The company owns four producing mines in Mexico, consisting of the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, the Los Gatos Silver Mine, and the La Encantada Silver Mine. It also owns the Jerritt Canyon Gold Mine in Nevada, USA. Additionally, the firm holds interests in the San Martin Silver Mine and the Del Toro Silver Mine, and several exploration-stage projects. The majority of the company's revenues are from the sale of precious metals contained in dore and concentrate form. It generates maximum revenue from the sale of silver, followed by gold, zinc, copper, and other metals.
29GF Score

Get the complete analysis for XSWX:AG

Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF16.32
Price
CHF9.17
GF Value