Mag Silver Financials

Yes, Mag Silver (MAG) reported a net income of $77.8M in fiscal year 2024.

As of fiscal year 2024, Mag Silver (MAG) had $162.3M in cash and equivalents against $2.1M in long-term debt.

Mag Silver (MAG) has a return on equity of 13.2% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

Mag Silver (MAG) generated -$6.2M in free cash flow during fiscal year 2024. This represents a 30.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Mag Silver (MAG) generated -$6.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

Mag Silver (MAG) had $611.1M in total assets as of fiscal year 2024, including both current and long-term assets.

Mag Silver (MAG) invested $168K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Mag Silver (MAG) had 103M shares outstanding as of fiscal year 2024.

Mag Silver (MAG) had a current ratio of 45.24 as of fiscal year 2024, which is generally considered healthy.

Mag Silver (MAG) had a debt-to-equity ratio of 0.00 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

Mag Silver (MAG) had a return on assets of 12.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2024 data, Mag Silver (MAG) had $162.3M in cash against an annual operating cash burn of $6.0M. This gives an estimated cash runway of approximately 325 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Mag Silver (MAG) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Mag Silver (MAG) has an earnings quality ratio of -0.08x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.