First Majestic Silver (TSX:AG) Total Liabilities: C$2,061 Mil (As of Mar. 2026)


TSX:AG First Majestic Silver Corp TSX:AG
65 GF Score
Price C$24.60
GF Value C$14.01
Valuation Significantly Overvalued
! 2 Warning Signs
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What is First Majestic Silver Total Liabilities?

First Majestic Silver TSX:AG -4.43% 65 Total Liabilities is C$2,061 Mil as of Mar. 2026. GuruFocus rates TSX:AG with a GF Score™ of 65/100 and a GF Value™ of C$14.01 (Significantly Overvalued). The stock has 2 warning signs investors should review.

First Majestic Silver's Total Liabilities for the quarter that ended in Mar. 2026 was C$2,061 Mil.

First Majestic Silver's quarterly Total Liabilities increased from Sep. 2025 (C$1,698.90 Mil) to Dec. 2025 (C$2,099.53 Mil) but then declined from Dec. 2025 (C$2,099.53 Mil) to Mar. 2026 (C$2,060.95 Mil).

First Majestic Silver's annual Total Liabilities increased from Dec. 2023 (C$829.42 Mil) to Dec. 2024 (C$895.73 Mil) and increased from Dec. 2024 (C$895.73 Mil) to Dec. 2025 (C$2,099.53 Mil).

First Majestic Silver Total Liabilities Historical Data

* Premium members only.

The historical data trend for First Majestic Silver's Total Liabilities 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 Total Liabilities Chart

First Majestic Silver Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 913.94 949.20 829.42 895.73 2,099.53

First Majestic Silver Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Liabilities 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 1,722.61 1,628.70 1,698.90 2,099.53 2,060.95
TSX:AG
65GF Score
First Majestic Silver Corp TSX:AG
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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First Majestic Silver Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

First Majestic Silver's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=633.382+(410.346+268.164
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+787.637+0+0)
=2,100

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=6476.635-4377.107
=2,100

First Majestic Silver's Total Liabilities for the quarter that ended in Mar. 2026 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=669.539+(343.971+271.306
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+776.132+0+0)
=2,061

Total Liabilities=Total Assets (Q: Mar. 2026 )-Total Equity (Q: Mar. 2026 )
=6612.491-4551.543
=2,061

* 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 Total Liabilities →
What does a Total Liabilities of C$2,061 Mil mean?
First Majestic Silver (TSX:AG) has a Total Liabilities of C$2,061 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for First Majestic Silver and its competitors.
Is First Majestic Silver's Total Liabilities too high?
First Majestic Silver's current Total Liabilities is C$2,061 Mil. Overall, First Majestic Silver has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Majestic Silver's Total Liabilities compare to EXK?
First Majestic Silver's Total Liabilities of C$2,061 Mil 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 Total Liabilities for a Metals & Mining company?
A good Total Liabilities depends on the Metals & Mining industry context. However, Total Liabilities 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 Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for First Majestic Silver and its competitors. First Majestic Silver's current Total Liabilities is C$2,061 Mil. 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 (TSX:AG) is currently considered Significantly Overvalued. The stock's GF Value™ is C$14.01, compared to a current price of C$24.60 — trading 75.6% above its estimated fair value. The current Total Liabilities is C$2,061 Mil. First Majestic Silver's overall GF Score™ is 65/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For First Majestic Silver (TSX:AG), the current Total Liabilities is C$2,061 Mil as of Mar. 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 (TSX:AG) Overvalued in 2026?

Based on GuruFocus' analysis, First Majestic Silver stock appears to be overvalued. The current stock price of C$24.60 is trading 75.6% above its estimated GF Value™ of C$14.01. GuruFocus considers First Majestic Silver to be Significantly Overvalued.

Key valuation signals for TSX:AG:

  • Total Liabilities: C$2,061 Mil
  • GF Value™: C$14.01 vs. price of C$24.60 (75.6% above fair value)
  • GF Score™: 65/100 with 2 warning signs

No single metric tells the full story. See the TSX: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.
65GF Score

Get the complete analysis for TSX:AG

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

C$24.60
Price
C$14.01
GF Value