First Interest Debt Per Share from 2010 to 2024
| AG Stock | USD 6.70 0.02 0.30% |
Interest Debt Per Share | First Reported 2010-12-31 | Previous Quarter 0.88979747 | Current Value 0.46 | Quarterly Volatility 0.26779337 |
Check First Majestic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First main balance sheet or income statement drivers, such as Depreciation And Amortization of 143.8 M, Interest Expense of 16 M or Selling General Administrative of 52.9 M, as well as many exotic indicators such as Price To Sales Ratio of 2.82, Dividend Yield of 0.0021 or PTB Ratio of 1.35. First financial statements analysis is a perfect complement when working with First Majestic Valuation or Volatility modules.
First | Interest Debt Per Share |
Latest First Majestic's Interest Debt Per Share Growth Pattern
Below is the plot of the Interest Debt Per Share of First Majestic Silver over the last few years. It is First Majestic's Interest Debt Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Majestic's overall financial position and show how it may be relating to other accounts over time.
| Interest Debt Per Share | 10 Years Trend |
|
Interest Debt Per Share |
| Timeline |
First Interest Debt Per Share Regression Statistics
| Arithmetic Mean | 0.68 | |
| Geometric Mean | 0.61 | |
| Coefficient Of Variation | 39.53 | |
| Mean Deviation | 0.22 | |
| Median | 0.72 | |
| Standard Deviation | 0.27 | |
| Sample Variance | 0.07 | |
| Range | 0.8352 | |
| R-Value | 0.42 | |
| Mean Square Error | 0.06 | |
| R-Squared | 0.17 | |
| Significance | 0.12 | |
| Slope | 0.02 | |
| Total Sum of Squares | 1.00 |
First Interest Debt Per Share History
About First Majestic Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include First Majestic income statement, its balance sheet, and the statement of cash flows. First Majestic investors use historical funamental indicators, such as First Majestic's Interest Debt Per Share, to determine how well the company is positioned to perform in the future. Although First Majestic investors may use each financial statement separately, they are all related. The changes in First Majestic's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Majestic's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on First Majestic Financial Statements. Understanding these patterns can help to make the right decision on long term investment in First Majestic. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Interest Debt Per Share | 0.89 | 0.46 |
Pair Trading with First Majestic
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Majestic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Majestic will appreciate offsetting losses from the drop in the long position's value.Moving together with First Stock
| 0.94 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.75 | OR | Osisko Gold Ro Earnings Call This Week | PairCorr |
| 0.88 | EQX | Equinox Gold Corp Earnings Call This Week | PairCorr |
Moving against First Stock
| 0.86 | SID | Companhia Siderurgica Earnings Call This Week | PairCorr |
| 0.69 | X | United States Steel | PairCorr |
| 0.52 | MSB | Mesabi Trust | PairCorr |
| 0.41 | IAUX | I 80 Gold Financial Report 13th of May 2024 | PairCorr |
The ability to find closely correlated positions to First Majestic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Majestic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Majestic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Majestic Silver to buy it.
The correlation of First Majestic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Majestic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Majestic Silver moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Majestic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of First Majestic Correlation against competitors. Note that the First Majestic Silver information on this page should be used as a complementary analysis to other First Majestic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for First Stock analysis
When running First Majestic's price analysis, check to measure First Majestic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Majestic is operating at the current time. Most of First Majestic's value examination focuses on studying past and present price action to predict the probability of First Majestic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Majestic's price. Additionally, you may evaluate how the addition of First Majestic to your portfolios can decrease your overall portfolio volatility.
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Is First Majestic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Majestic. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Majestic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.359 | Dividend Share 0.02 | Earnings Share (0.48) | Revenue Per Share 2.032 | Quarterly Revenue Growth (0.08) |
The market value of First Majestic Silver is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Majestic's value that differs from its market value or its book value, called intrinsic value, which is First Majestic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Majestic's market value can be influenced by many factors that don't directly affect First Majestic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Majestic's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Majestic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Majestic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.