Mag Silver Financials
This page shows Mag Silver (MAG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Mag Silver does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Mag Silver passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
For every $1 of reported earnings, Mag Silver used $0.08 of operating cash (-$6.0M OCF vs $77.8M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Mag Silver reported $77.8M in net income in fiscal year 2024. This represents an increase of 59.8% from the prior year.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Cash & Balance Sheet
Mag Silver recorded an outflow of $6.2M in free cash flow in fiscal year 2024, representing a cash shortfall after capex. This represents an increase of 30.9% from the prior year.
Mag Silver held $162.3M in cash against $2.1M in long-term debt as of fiscal year 2024.
Not reported for fiscal year 2024.
Margins & Returns
Mag Silver's ROE was 13.2% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 3.6 percentage points from the prior year.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Capital Allocation
Mag Silver invested $168K in capex in fiscal year 2024, funding long-term assets and infrastructure.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
MAG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q3'20 | Q4'19 | Q4'18 |
|---|---|---|---|---|---|---|---|---|
| Net Income | N/A | N/A | N/A | N/A | N/A | -$89K | N/A | N/A |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, Interest Expense, Income Tax, EPS (Diluted).
MAG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q3'20 | Q4'19 | Q4'18 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $611.1M+17.4% | $520.5M+27.6% | $407.8M+9.5% | $372.4M+15.3% | $323.1M | N/A | $218.8M+0.6% | $217.6M |
| Current Assets | $163.7M+127.2% | $72.1M+125.9% | $31.9M-46.3% | $59.4M-37.8% | $95.4M | N/A | $72.7M-44.4% | $130.9M |
| Cash & Equivalents | $162.3M+136.3% | $68.7M+129.4% | $30.0M-47.2% | $56.7M-39.6% | $94.0M | N/A | $72.4M-44.4% | $130.2M |
| Total Liabilities | $19.7M+43.3% | $13.8M+124.6% | $6.1M+26.4% | $4.9M-24.4% | $6.4M | N/A | $3.6M-3.1% | $3.7M |
| Current Liabilities | $3.6M-24.5% | $4.8M+79.9% | $2.7M+65.4% | $1.6M+78.7% | $901K | N/A | $854K-45.4% | $1.6M |
| Long-Term Debt | $2.1M | $0-100.0% | $140K-49.1% | $275K-28.2% | $383K | N/A | $467K | N/A |
| Total Equity | $591.3M+16.7% | $506.8M+26.2% | $401.7M+9.3% | $367.5M+16.1% | $316.7M+4.0% | $304.5M+41.5% | $215.2M+0.6% | $213.9M |
| Retained Earnings | -$51.4M+60.2% | -$129.2M+27.4% | -$177.8M+9.5% | -$196.4M+5.3% | -$207.5M+2.8% | -$213.5M-6.0% | -$201.5M-2.3% | -$197.1M |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill.
MAG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q3'20 | Q4'19 | Q4'18 |
|---|
Not reported in any period shown, so not listed: Operating Cash Flow, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
MAG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q3'20 | Q4'19 | Q4'18 |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | N/A | N/A | N/A | N/A | N/A | 0.0% | N/A | N/A |
| Current Ratio | 45.24+30.2x | 15.04+3.1x | 11.98-24.9x | 36.88-69.0x | 105.90 | N/A | 85.14+1.4x | 83.74 |
| Debt-to-Equity | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.00 | N/A | 0.000.0x | 0.02 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Assets, FCF Margin.
Similar Companies
Where Mag Silver Ranks
Frequently Asked Questions
Is Mag Silver profitable?
Yes, Mag Silver (MAG) reported a net income of $77.8M in fiscal year 2024.
How much debt does Mag Silver have?
As of fiscal year 2024, Mag Silver (MAG) had $162.3M in cash and equivalents against $2.1M in long-term debt.
What is Mag Silver's return on equity (ROE)?
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.
What is Mag Silver's free cash flow?
Mag Silver (MAG) recorded an outflow of $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.
What is Mag Silver's operating cash flow?
Mag Silver (MAG) recorded an outflow of $6.0M in operating cash flow during fiscal year 2024, representing cash used by core business activities.
What are Mag Silver's total assets?
Mag Silver (MAG) had $611.1M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Mag Silver's capital expenditures?
Mag Silver (MAG) invested $168K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Mag Silver's current ratio?
Mag Silver (MAG) had a current ratio of 45.24 as of fiscal year 2024, which is generally considered healthy.
What is Mag Silver's debt-to-equity ratio?
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.
What is Mag Silver's return on assets (ROA)?
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.
What is Mag Silver's Piotroski F-Score?
Mag Silver (MAG) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Mag Silver's earnings high quality?
For every $1 of reported earnings, Mag Silver (MAG) used $0.08 of operating cash (-$6.0M OCF vs $77.8M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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.