Mag Silver (MAG) Return on Assets ROA from the fourth quarter of 2023 to fourth quarter of 2020 and for the year 2023, Average High and Low, Fundamental Ratios from Dec 31 2023 to Sep 30 2020 - CSIMarket
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Mag Silver Corp   (NYSE: MAG)
    Sector • Basic Materials    Industry • Metal Mining
   Industry • Metal Mining
   Sector • Basic Materials


Mag Silver 's ROA from the fourth quarter of 2023 to the fourth quarter of 2020 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Mag Silver 's ROA in the fourth quarter of 2023?
Mag Silver Corp achieved a return on average assets (ROA) of 11.52 % in its fourth quarter of 2023, this is above MAG's average return on assets of 0.02%.
Mag Silver Corp assets over the 12 months ending in its fourth quarter of 2023 are valued at $422 million

ROA has improved compared to -0.02% in the third quarter of 2023, due to net income growth.

However, within the Basic Materials sector 48 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the third quarter of 2023 from to 801.

What is ROA?


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Return On Assets (Dec 31 2023)
IV. Quarter		 0
III. Quarter		 0
II. Quarter		 0
I. Quarter		 (Sep 30 2020)
III. Quarter
Y / Y Total Assets Change -66.73 % 1369.54 % 687.4 % 417.42 % 130.01 %
Y / Y Net Income Change - - - - -
Net Income (TTM) in million 49 0 -5 -5 -5
Return On Assets (TTM) 11.52 % -0.02 % -1.16 % -1.63 % -2.57 %
MAG's Total Ranking # 801 # # # # 1789
Total Assets (TTM) in million 168 509 506 506 506
Seq. Total Assets Change -66.94 % 0.64 % 0 % 0 % 1360.22 %
Seq. Net Income Change - - - - -

MAG's 5 Years Annual ROA >> Back to MAG Management Effectiveness >> Compare MAG ROA to its Competitors


Return On Assets Company Ranking
Within: No.
Industry # 15
Sector # 49
Overall # 532

Return On Assets Statistics
High Average Low
12.77 %
0.02 %
-34.64 %
(Dec 30 2012)   (Dec 28 2014)



  News about Mag Silver Corp Return on Assets ROA

MAG Silver's Updated Juanicipio Technical Report Reveals Struggles but Provides Hope for Improvement

MAG Silver Announces Release of Updated Juanicipio Technical Report
VANCOUVER, British Columbia, March 25, 2024 - MAG Silver Corp. (TSX / NYSE American: MAG) has announced that it will be releasing the results from its updated Juanicipio Technical Report on Wednesday, March 27, 2024. The company will also be hosting a conference call to discuss the findings on the same day at 8:15 a.m. Eastern Time.
The Report is expected to provide valuable insights into the progress and future prospects of the Juanicipio project, a joint venture between MAG Silver Corp. and Fresnillo PLC. Located in Mexico, the Juanicipio mine is considered one of the world s largest primary silver deposits and is estimated to have significant mineral resources.



Financial Statements
Mag Silver 's Assets $ 168 million MAG's Balance sheet
Mag Silver 's Income $ 49 million Quarterly MAG's Income Statement
MAG's Income by Division See MAG's Income by Division



Annual Return On Assets (Dec 31 2024)
FY 2024		 (Dec 31 2023)
FY 2023		 (Dec 31 2022)
FY 2022		 (Dec 31 2021)
FY 2021		 (Dec 31 2020)
FY 2020
Y / Y Total Assets Change -66.94 % 1369.54 % -46.08 % -34.29 % -55.55 %
Total Assets in million 168 509 35 64 98
Y / Y Net Income Change 59.85 % 175.78 % 192.85 % - -
Net Income in million 78 49 18 6 -7
Annual Return On Assets 46.2 % 9.55 % 50.91 % 9.37 % -7.26 %

MAG's 5 Years Annual ROA >> Back to MAG Management Effectiveness >> Compare MAG ROA to its Competitors



Comment on MAG's ROA in the fiscal year ending 2024
In the fiscal year 2024 ROA improved to 46.2 % compared to prior year, due to annual net income growth of 59.85 % to $77.78 million, and due to decline of value in Mag Silver 's assets by -66.94 % to $168.35 million, compared to $168.35 a year before.


More Return On Assets Ratios
MAG's' Return on Assets at Yahoo Finance
Metal Mining Industry Return On Assets Trends and Statistics
Basic Materials Sector Roa Statistics
Roa Trends for overall market
MAG's Roa Ratio versus Metal Mining Industry, Basic Materials Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for MAG's Competitors
Subscribers only: Roa for Mag Silver 's Suppliers
Subscribers only: Return On Assets for MAG's Customers

You may also want to know
MAG's Roi MAG's Inventory Turnover Ratio MAG's Growth Rates MAG's Dividend Comparisons
MAG's Profitability Ratios MAG's Asset Turnover Ratio MAG's Dividend Growth
MAG's Roe MAG's Valuation Ratios MAG's Financial Strength Ratios MAG's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2023, within Basic Materials Sector ROA
Energy Fuels Inc   25.76 %
Silvercrest Metals Inc   25.36 %
Westlake Chemical Partners Lp  25.08 %
Cardinal Ethanol Llc  24.80 %
Xpel Inc   23.38 %
Mueller Industries Inc  22.45 %
Tecnoglass Inc   20.31 %
Trex Company Inc   19.88 %
Tenaris Sa  18.77 %
Encore Wire Corp  18.72 %
United States Lime and Minerals Inc  18.02 %
Profire Energy Inc   17.59 %
Eagle Materials Inc   17.58 %
Dnow Inc   17.55 %
Steel Dynamics Inc   16.84 %
Knife River Corporation  16.71 %
Newmarket Corporation  16.70 %
Wd 40 Company  15.75 %
Flotek Industries Inc  15.65 %
Hawkins Inc   15.31 %
Mines Management Inc  15.25 %
Northern Dynasty Minerals Ltd  14.60 %
Nucor Corporation  14.53 %
Cactus inc   14.36 %
Southern Copper Corp  14.33 %
Boise Cascade Company  13.88 %
Cabot Corporation  13.58 %
Beacon Roofing Supply Inc   13.50 %
Clearwater Paper Corporation  13.37 %
Drilling Tools International Corporation  13.31 %

Date modified: 2026-09-18T13:11:05+00:00


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