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Mag Silver Corp   (MAG)
Other Ticker:  
 
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials

Mag Silver 's Working Capital Ratio

MAG's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Working Capital Ratio deteriorated to 15.04 below Mag Silver 's average Working Capital Ratio.

Within Metal Mining industry 3 other companies have achieved higher Working Capital Ratio than Mag Silver in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 156, from total ranking in the third quarter 2023 at 286.

Explain Working Capital Ratio
How much in Current Assets MAG´s has?
What is the value of MAG´s Current Liabilities?


MAG Working Capital Ratio (Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2019)
IV. Quarter
Y / Y Current Liabilities Change 461.01 % 461.01 % 461.01 % 461.01 % -45.36 %
Y / Y Current Assets Change -0.91 % -0.91 % -0.91 % -0.91 % -44.44 %
Working Capital Ratio MRQ 15.04 15.04 15.04 15.04 85.14
MAG's Total Ranking # 156 # 286 # 346 # 365 #
Seq. Current Liabilities Change 0 % 0 % 0 % 461.01 % 0 %
Seq. Current Assets Change 0 % 0 % 0 % -0.91 % 0 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Metal Mining Industry # 4
Basic Materials Sector # 7
Overall Market # 155


Working Capital Ratio Statistics
High Average Low
85.14 31.04 2.42
(Dec 31 2019)   (Dec 28 2014)




Financial Statements
Mag Silver 's Current Liabilities $ 5 Millions Visit MAG's Balance sheet
Mag Silver 's Current Assets $ 72 Millions Visit MAG's Balance sheet
Source of MAG's Sales Visit MAG's Sales by Geography


Cumulative Mag Silver 's Working Capital Ratio

MAG's Working Capital Ratio for the trailling 12 Months

MAG Working Capital Ratio

(Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2019)
IV. Quarter
Y / Y Current Liabilities TTM Growth 461.01 % 461.01 % 461.01 % 461.01 % -45.36 %
Y / Y Current Assets TTM Growth -0.91 % -0.91 % -0.91 % -0.91 % -44.44 %
Working Capital Ratio TTM 15.04 18.97 25.64 39.47 85.14
Total Ranking TTM # 68 # # # #
Seq. Current Liabilities TTM Growth 0 % 0 % 0 % 461.01 % 0 %
Seq. Current Assets TTM Growth 0 % 0 % 0 % -0.91 % 0 %


On the trailing twelve months basis Due to unchange in Current Liabilities in the IV Quarter 2023 to $4.79 millions, cumulative Working Capital Ratio decreased to 15.04 below the Mag Silver Corp average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Metal Mining industry 2 other companies have achieved higher Working Capital Ratio than Mag Silver . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2023 from to 68.

Explain Working Capital Ratio
How much in Current Assets MAG´s has?
What is the value of MAG´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Metal Mining Industry # 3
Basic Materials Sector # 7
Within the Market # 68


trailing twelve months Working Capital Ratio Statistics
High Average Low
237.71 59.37 2.76
(Dec 31 2017)   (Mar 29 2015)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Metal Mining Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Novagold Resources Inc  32.57 $ 127.219  Millions$ 3.906  Millions
Ssr Mining Inc   31.47 $ 1,196.476  Millions$ 38.015  Millions
U s Goldmining Inc   23.40 $ 12.007  Millions$ 0.513  Millions
Solitario Resources Corp   15.73 $ 9.941  Millions$ 0.632  Millions
Mag Silver Corp   15.04 $ 72.053  Millions$ 4.791  Millions
Texas Mineral Resources Corp   13.86 $ 0.929  Millions$ 0.067  Millions
Nevada Canyon Gold Corp   12.15 $ 10.285  Millions$ 0.846  Millions
Hycroft Mining Holding Corporation  11.14 $ 113.567  Millions$ 10.196  Millions
Nexgen Energy Ltd   11.00 $ 235.135  Millions$ 21.381  Millions
Goldmining Inc   10.12 $ 18.175  Millions$ 1.796  Millions
Mp Materials Corp   7.99 $ 867.826  Millions$ 108.550  Millions
Ur energy Inc   7.85 $ 63.800  Millions$ 8.129  Millions
Vista Gold Corp   6.94 $ 6.515  Millions$ 0.939  Millions
Uranium Energy Corp  6.85 $ 149.581  Millions$ 21.842  Millions
Trilogy Metals Inc   6.67 $ 2.882  Millions$ 0.432  Millions
Bunker Hill Mining Corp   6.60 $ 27.177  Millions$ 4.119  Millions
Ivanhoe Electric Inc   5.91 $ 216.486  Millions$ 36.620  Millions
Vox Royalty Corp   4.57 $ 13.283  Millions$ 2.904  Millions
Silvercrest Metals Inc   3.45 $ 178.533  Millions$ 51.773  Millions
New Found Gold Corp   3.28 $ 47.780  Millions$ 14.560  Millions
Southern Copper Corp  3.19 $ 4,429.500  Millions$ 1,388.500  Millions

Date modified: 2024-03-27T23:31:24+00:00



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