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

First Majestic Silver (TSX:AG) Total Current Assets : C$525.5 Mil (As of Dec. 2024)


View and export this data going back to 2008. Start your Free Trial

What is First Majestic Silver Total Current Assets?

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. 2024 was C$525.5 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 Total Current Assets Chart

First Majestic Silver Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 456.06 508.43 503.04 414.63 525.46

First Majestic Silver Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Current 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 414.63 378.21 468.58 481.69 525.46

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. 2024 is calculated as

First Majestic Silver's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

* 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.

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  (TSX: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. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=358.969-895.733+0.75 * 17.528+0.5 * 89.078
=-479.1

* 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 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 Business Description

Address
925 West Georgia Street, Suite 1800, Vancouver, BC, CAN, V6C 3L2
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 three producing mines in Mexico consisting of the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine.
Executives
Samir Devendra Patel Senior Officer
Cory Christopher Anderson Senior Officer
Rose Marjorie Co Director
Gonzalo Ariel Mercado Senior Officer
Colin Bower Senior Officer
Keith Neumeyer Director, Senior Officer
Mani Alkhafaji Senior Officer
Steven Holmes Senior Officer
Todd Anthony Senior Officer
Andrew Winston Poon Senior Officer
Robert A. Mccallum Director
Connie Lillico Senior Officer
Jill Anne Arias Senior Officer
Jose Ramon Hernandez Aguilar Senior Officer
William James Mallory Senior Officer