Mag Silver Quick Ratio (MAG) starting from the fourth quarter 2024 to fourth quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - 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 Quick Ratio

MAG's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Mag Silver 's Cash & cash equivalent grew by 136.29 % in the Q4 2024 sequentially, while Current Liabilities decreased, this led to improvement in Mag Silver 's Quick Ratio to 46.69, above Mag Silver Corp average Quick Ratio.

Within Metal Mining industry 2 other companies have achieved higher Quick Ratio than Mag Silver in fourth quarter 2024. While Quick Ratio total ranking in the fourth quarter 2024 has deteriorated compared to the prior quarter from 363 to 606.

Explain Quick Ratio?
How much Cash & cash equivalents MAG´s has?
What are MAG´s Current Liabilities?




MAG Quick Ratio (Dec 31 2024)
Q4
(Dec 31 2023)
Q3
0
Q2
0
Q1
0
Q3
Y / Y Current Liabilities Change -27.43 % 193.43 % 219.4 % 492.95 % 193.21 %
Y / Y Cash & cash equivalent Change 136.29 % 129.37 % 21.07 % -26.91 % -5.05 %
Quick Ratio MRQ 46.69 9.21 14.34 14.34 14.34
MAG's Total Ranking # 606 # 363 # 403 # 427 # 590
Seq. Current Liabilities Change -53.39 % 55.69 % 0 % 0 % 88.47 %
Seq. Cash & cash equivalent Change 136.29 % 0 % 0 % 0 % 129.37 %



Quick Ratio fourth quarter 2024 Company Ranking
Within: No.
Metal Mining Industry # 3
Basic Materials Sector # 4
Overall Market # 123


Quick Ratio Statistics
High Average Low
171.36 33.14 0.57
(Dec 31 2017)   (Jun 27 2010)




Financial Statements
Mag Silver 's Current Liabilities $ 3 Millions Visit MAG's Balance sheet
Mag Silver 's Cash & cash equivalent $ 162 Millions Visit MAG's Balance sheet
Source of MAG's Sales Visit MAG's Sales by Geography


Cumulative Mag Silver 's Quick Ratio

MAG's Quick Ratio for the trailling 12 Months

MAG Quick Ratio

(Dec 31 2024)
12 Months
(Dec 31 2023)
12 Months
0
12 Months
0
12 Months
0
12 Months
Y / Y Current Liabilities TTM Growth 112.82 % 236.71 % 252.69 % 228.29 % 129.77 %
Y / Y Cash & cash equivalent TTM Growth 47.73 % 8.6 % -20.1 % -27.96 % -13.83 %
Quick Ratio TTM 17.96 12.59 13.96 16.45 25.87
Total Ranking TTM # 58 # 363 # 403 # 427 # 152
Seq. Current Liabilities TTM Growth -6.02 % 29.07 % 24.16 % 41.31 % 48.69 %
Seq. Cash & cash equivalent TTM Growth 34.07 % 16.42 % 5.34 % -10.14 % -1.44 %


On the trailing twelve months basis MAG Cash & cash equivalent more than doubled by 136.29 % in Q4 2024 year on year, while Current Liabilities dropped to $3 millions, this led to increase in in Mag Silver 's Quick Ratio to 17.96, Quick Ratio remained below MAG average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Metal Mining industry 77 other companies have achieved higher Quick Ratio than Mag Silver . While Quick Ratio overall ranking has improved so far to 0, from total ranking during the twelve months ending fourth quarter 2023 at 3137.

Explain Quick Ratio?
How much Cash & cash equivalents MAG´s has?
What are MAG´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Metal Mining Industry # 78
Basic Materials Sector # 188
Within the Market # 606


trailing twelve months Quick Ratio Statistics
High Average Low
171.36 50.24 0.58
(Dec 31 2017)   (Dec 28 2014)




Companies with similar Quick Ratio in the quarter ending Dec 31 2024, within Metal Mining Industry Quick RatioDec 31 2024 MRQ Cash & cash equivalentDec 31 2024 MRQ Current Liabilities
Mag Silver Corp   46.69 $ 162.347  Millions$ 3.477  Millions
Trilogy Metals Inc   32.58 $ 25.834  Millions$ 0.793  Millions
Lithium Corporation  25.14 $ 0.218  Millions$ 0.009  Millions
National Grid Plc  22.56 $ 101.224  Millions$ 4.486  Millions
Wheaton Precious Metals Corp   19.00 $ 818.166  Millions$ 43.057  Millions
Vista Gold Corp   16.20 $ 16.950  Millions$ 1.046  Millions
Or Royalties Inc   15.96 $ 59.096  Millions$ 3.702  Millions
U s Gold Corp   14.10 $ 5.574  Millions$ 0.395  Millions
Solitario Resources Corp   12.51 $ 4.604  Millions$ 0.368  Millions
Lion Copper And Gold Corp   11.36 $ 11.999  Millions$ 1.056  Millions
Lithium Americas Corp   10.19 $ 594.149  Millions$ 58.280  Millions
Chilean Cobalt Corp.  9.60 $ 0.331  Millions$ 0.035  Millions

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



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