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First Majestic Silver (TSE:AG)
TSX:AG
Canadian Market
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First Majestic Silver (AG) Ratios

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First Majestic Silver Ratios

TSE:AG's free cash flow for Q2 2025 was $0.19. For the 2025 fiscal year, TSE:AG's free cash flow was decreased by $ and operating cash flow was $0.16. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
3.27 2.57 2.21 2.30 3.50
Quick Ratio
2.84 2.04 1.83 1.95 3.18
Cash Ratio
1.96 1.05 0.90 1.38 2.35
Solvency Ratio
0.19 -0.01 0.03 0.16 0.23
Operating Cash Flow Ratio
1.37 0.46 0.11 0.40 0.78
Short-Term Operating Cash Flow Coverage
679.22 130.55 34.46 995.99 73.00
Net Current Asset Value
$ -551.43M$ -309.18M$ -328.42M$ -316.81M$ -31.23M
Leverage Ratios
Debt-to-Assets Ratio
0.06 0.13 0.12 0.10 0.14
Debt-to-Equity Ratio
0.09 0.19 0.18 0.16 0.20
Debt-to-Capital Ratio
0.09 0.16 0.15 0.14 0.17
Long-Term Debt-to-Capital Ratio
0.08 0.14 0.13 0.11 0.14
Financial Leverage Ratio
1.64 1.46 1.50 1.51 1.46
Debt Service Coverage Ratio
15.66 0.40 2.67 10.73 7.47
Interest Coverage Ratio
6.96 -11.72 -3.91 3.92 3.34
Debt to Market Cap
0.05 0.13 0.10 0.07 0.05
Interest Debt Per Share
0.51 0.96 0.99 0.95 0.87
Net Debt to EBITDA
-0.49 -2.40 1.08 -0.10 -0.62
Profitability Margins
Gross Profit Margin
22.85%4.45%2.67%17.27%28.65%
EBIT Margin
12.04%-31.34%-7.73%6.44%11.40%
EBITDA Margin
36.61%-9.45%14.19%28.19%28.64%
Operating Profit Margin
12.61%-31.02%-8.06%8.38%11.01%
Pretax Profit Margin
10.23%-33.99%-9.80%4.30%8.11%
Net Profit Margin
2.74%-23.44%-18.23%-0.84%6.30%
Continuous Operations Profit Margin
2.74%-23.44%-18.23%-0.84%6.30%
Net Income Per EBT
26.75%68.96%186.11%-19.50%77.66%
EBT Per EBIT
81.14%109.58%121.50%51.32%73.67%
Return on Assets (ROA)
0.56%-6.84%-5.42%-0.23%1.87%
Return on Equity (ROE)
1.19%-9.95%-8.10%-0.35%2.72%
Return on Capital Employed (ROCE)
2.69%-9.63%-2.60%2.52%3.55%
Return on Invested Capital (ROIC)
0.72%-6.58%-4.81%-0.49%2.74%
Return on Tangible Assets
0.56%-6.84%-5.42%-0.23%1.87%
Earnings Yield
0.49%-7.95%-5.22%-0.18%0.81%
Efficiency Ratios
Receivables Turnover
10.68 11.84 15.21 10.82 7.99
Payables Turnover
5.44 11.43 8.58 6.71 5.24
Inventory Turnover
7.73 8.65 9.42 8.01 8.05
Fixed Asset Turnover
0.26 0.40 0.41 0.38 0.47
Asset Turnover
0.20 0.29 0.30 0.28 0.30
Working Capital Turnover Ratio
1.96 2.94 2.93 2.45 1.72
Cash Conversion Cycle
14.29 41.12 20.21 24.83 21.45
Days of Sales Outstanding
34.19 30.83 24.00 33.73 45.70
Days of Inventory Outstanding
47.25 42.21 38.74 45.54 45.36
Days of Payables Outstanding
67.15 31.92 42.53 54.43 69.61
Operating Cycle
81.44 73.04 62.74 79.27 91.06
Cash Flow Ratios
Operating Cash Flow Per Share
0.55 0.20 0.07 0.28 0.37
Free Cash Flow Per Share
0.21 -0.32 -0.76 -0.49 -0.16
CapEx Per Share
0.35 0.52 0.83 0.77 0.54
Free Cash Flow to Operating Cash Flow
0.37 -1.62 -10.46 -1.75 -0.44
Dividend Paid and CapEx Coverage Ratio
1.52 0.37 0.08 0.36 0.70
Capital Expenditure Coverage Ratio
1.59 0.38 0.09 0.36 0.70
Operating Cash Flow Coverage Ratio
1.15 0.22 0.08 0.31 0.46
Operating Cash Flow to Sales Ratio
0.32 0.10 0.03 0.12 0.22
Free Cash Flow Yield
2.14%-5.32%-9.07%-4.42%-1.21%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
205.07 -12.57 -19.16 -553.02 124.18
Price-to-Sales (P/S) Ratio
5.61 2.95 3.49 4.64 7.82
Price-to-Book (P/B) Ratio
1.87 1.25 1.55 1.93 3.37
Price-to-Free Cash Flow (P/FCF) Ratio
46.71 -18.80 -11.02 -22.64 -82.44
Price-to-Operating Cash Flow Ratio
17.39 30.54 115.31 39.62 35.97
Price-to-Earnings Growth (PEG) Ratio
2.23 -1.08 >-0.01 4.68 -0.80
Price-to-Fair Value
1.87 1.25 1.55 1.93 3.37
Enterprise Value Multiple
14.82 -33.57 25.70 16.34 26.68
Enterprise Value
4.51B 1.83B 2.29B 2.71B 2.80B
EV to EBITDA
14.82 -33.57 25.70 16.34 26.68
EV to Sales
5.43 3.17 3.65 4.61 7.64
EV to Free Cash Flow
45.19 -20.25 -11.51 -22.50 -80.56
EV to Operating Cash Flow
16.81 32.90 120.39 39.37 35.15
Tangible Book Value Per Share
5.98 4.81 5.36 5.76 3.98
Shareholders’ Equity Per Share
5.15 4.81 5.36 5.76 3.98
Tax and Other Ratios
Effective Tax Rate
0.73 0.31 -0.86 1.19 0.22
Revenue Per Share
1.71 2.04 2.38 2.40 1.71
Net Income Per Share
0.05 -0.48 -0.43 -0.02 0.11
Tax Burden
0.27 0.69 1.86 -0.19 0.78
Interest Burden
0.85 1.08 1.27 0.67 0.71
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.07 0.09 0.08 0.06 0.09
Stock-Based Compensation to Revenue
0.02 0.02 0.02 0.02 0.02
Income Quality
11.79 -0.41 -0.17 -13.96 3.45
Currency in USD
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