MAG Historical Balance Sheet

MAG Stock

CAD 23.51 0.48 2.00%

Trend analysis of MAG Silver Corp balance sheet accounts such as Total Stockholder Equity of 620.9 M provides information on MAG Silver's total assets, liabilities, and equity, which is the actual value of MAG Silver Corp to its prevalent stockholders. By breaking down trends over time using MAG Silver balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining MAG Silver Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MAG Silver Corp is a good buy for the upcoming year.

MAG Silver Inventory

2.15 Million

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAG Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About MAG Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of MAG Silver Corp at a specified time, usually calculated after every quarter, six months, or one year. MAG Silver Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of MAG Silver and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which MAG currently owns. An asset can also be divided into two categories, current and non-current.

MAG Silver Balance Sheet Chart

At this time, MAG Silver's Common Stock Total Equity is very stable compared to the past year. As of the 26th of March 2025, Liabilities And Stockholders Equity is likely to grow to about 628.5 M, while Net Debt is likely to drop (64.8 M).

Total Assets Other Current Liab Total Current Liabilities Total Stockholder Equity

Add Fundamental

Total Assets

Total assets refers to the total amount of MAG Silver assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in MAG Silver Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on MAG Silver balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of MAG Silver Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most accounts from MAG Silver's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into MAG Silver Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAG Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2022	2023	2024	2025 (projected)
Other Current Liabilities	920.0	2.0M	1.8M	1.9M
Total Assets	407.8M	520.5M	611.1M	641.6M

Other Current Liab Total Assets

MAG Silver balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Accounts Payable	Net Receivables	Inventory	Other Current Assets	Property Plant And Equipment Gross	Intangible Assets	Short Term Debt	Non Current Liabilities Total	Other Liab
Total Assets		0.59	0.87	1.0	-0.14	-0.06	0.6	0.96	-0.18	0.11	0.91	0.66	-0.36	0.9	0.55	0.97	0.45	0.88	0.78	0.95	0.95	0.31	0.3	-0.14	0.84	-0.22
Other Current Liab	0.59		0.81	0.58	0.16	0.5	0.3	0.59	-0.27	-0.18	0.33	0.15	0.09	0.75	0.25	0.45	0.69	0.77	0.58	0.68	0.7	0.61	0.12	-0.15	0.69	0.03
Total Current Liabilities	0.87	0.81		0.86	0.05	0.16	0.36	0.89	-0.23	-0.09	0.67	0.52	-0.12	0.84	0.31	0.78	0.59	0.93	0.71	0.91	0.91	0.51	0.26	-0.19	0.75	-0.11
Total Stockholder Equity	1.0	0.58	0.86		-0.14	-0.07	0.6	0.96	-0.17	0.11	0.91	0.67	-0.36	0.9	0.55	0.97	0.44	0.87	0.77	0.95	0.95	0.3	0.31	-0.14	0.84	-0.23
Net Debt	-0.14	0.16	0.05	-0.14		0.63	-0.74	0.08	-0.29	-0.94	-0.41	-0.47	0.28	0.0	-0.74	-0.3	0.36	0.07	0.16	0.03	0.03	0.41	-0.41	-0.1	0.04	0.51
Retained Earnings	-0.06	0.5	0.16	-0.07	0.63		-0.19	0.02	-0.45	-0.63	-0.45	-0.66	0.29	0.26	-0.24	-0.29	0.6	0.21	0.12	0.19	0.19	0.56	-0.49	-0.22	0.36	0.39
Cash	0.6	0.3	0.36	0.6	-0.74	-0.19		0.37	0.1	0.7	0.67	0.46	-0.35	0.58	0.97	0.65	0.13	0.46	0.27	0.5	0.5	-0.04	0.33	0.01	0.58	-0.5
Non Current Assets Total	0.96	0.59	0.89	0.96	0.08	0.02	0.37		-0.24	-0.13	0.83	0.61	-0.3	0.86	0.3	0.9	0.5	0.87	0.8	0.94	0.94	0.4	0.24	-0.25	0.8	-0.05
Non Currrent Assets Other	-0.18	-0.27	-0.23	-0.17	-0.29	-0.45	0.1	-0.24		0.29	0.05	0.16	-0.13	-0.22	0.12	-0.04	-0.42	-0.23	-0.43	-0.26	-0.27	-0.43	0.13	0.11	-0.24	-0.34
Cash And Short Term Investments	0.11	-0.18	-0.09	0.11	-0.94	-0.63	0.7	-0.13	0.29		0.38	0.47	-0.28	-0.04	0.78	0.27	-0.42	-0.1	-0.15	-0.05	-0.06	-0.47	0.44	0.41	-0.08	-0.63
Common Stock Total Equity	0.91	0.33	0.67	0.91	-0.41	-0.45	0.67	0.83	0.05	0.38		0.85	-0.41	0.7	0.64	0.98	0.16	0.7	0.63	0.75	0.75	0.04	0.48	-0.03	0.62	-0.37
Common Stock Shares Outstanding	0.66	0.15	0.52	0.67	-0.47	-0.66	0.46	0.61	0.16	0.47	0.85		-0.26	0.42	0.46	0.79	0.06	0.49	0.45	0.48	0.48	0.03	0.8	0.04	0.31	-0.32
Other Stockholder Equity	-0.36	0.09	-0.12	-0.36	0.28	0.29	-0.35	-0.3	-0.13	-0.28	-0.41	-0.26		-0.34	-0.36	-0.41	0.29	-0.07	-0.1	-0.34	-0.34	0.39	0.14	-0.05	-0.24	0.29
Total Liab	0.9	0.75	0.84	0.9	0.0	0.26	0.58	0.86	-0.22	-0.04	0.7	0.42	-0.34		0.51	0.8	0.66	0.86	0.74	0.94	0.95	0.51	0.19	-0.22	0.97	-0.03
Total Current Assets	0.55	0.25	0.31	0.55	-0.74	-0.24	0.97	0.3	0.12	0.78	0.64	0.46	-0.36	0.51		0.62	0.05	0.4	0.25	0.45	0.45	-0.12	0.34	0.27	0.5	-0.62
Common Stock	0.97	0.45	0.78	0.97	-0.3	-0.29	0.65	0.9	-0.04	0.27	0.98	0.79	-0.41	0.8	0.62		0.28	0.79	0.71	0.86	0.86	0.14	0.41	-0.06	0.72	-0.34
Property Plant And Equipment Net	0.45	0.69	0.59	0.44	0.36	0.6	0.13	0.5	-0.42	-0.42	0.16	0.06	0.29	0.66	0.05	0.28		0.67	0.55	0.58	0.58	0.97	0.26	-0.32	0.72	0.37
Accounts Payable	0.88	0.77	0.93	0.87	0.07	0.21	0.46	0.87	-0.23	-0.1	0.7	0.49	-0.07	0.86	0.4	0.79	0.67		0.72	0.9	0.91	0.55	0.29	-0.2	0.81	-0.14
Net Receivables	0.78	0.58	0.71	0.77	0.16	0.12	0.27	0.8	-0.43	-0.15	0.63	0.45	-0.1	0.74	0.25	0.71	0.55	0.72		0.72	0.73	0.47	0.27	-0.08	0.7	-0.01
Inventory	0.95	0.68	0.91	0.95	0.03	0.19	0.5	0.94	-0.26	-0.05	0.75	0.48	-0.34	0.94	0.45	0.86	0.58	0.9	0.72		1.0	0.44	0.17	-0.14	0.9	-0.14
Other Current Assets	0.95	0.7	0.91	0.95	0.03	0.19	0.5	0.94	-0.27	-0.06	0.75	0.48	-0.34	0.95	0.45	0.86	0.58	0.91	0.73	1.0		0.44	0.17	-0.17	0.89	-0.14
Property Plant And Equipment Gross	0.31	0.61	0.51	0.3	0.41	0.56	-0.04	0.4	-0.43	-0.47	0.04	0.03	0.39	0.51	-0.12	0.14	0.97	0.55	0.47	0.44	0.44		0.29	-0.34	0.56	0.47
Intangible Assets	0.3	0.12	0.26	0.31	-0.41	-0.49	0.33	0.24	0.13	0.44	0.48	0.8	0.14	0.19	0.34	0.41	0.26	0.29	0.27	0.17	0.17	0.29		0.07	0.14	-0.15
Short Term Debt	-0.14	-0.15	-0.19	-0.14	-0.1	-0.22	0.01	-0.25	0.11	0.41	-0.03	0.04	-0.05	-0.22	0.27	-0.06	-0.32	-0.2	-0.08	-0.14	-0.17	-0.34	0.07		-0.24	-0.55
Non Current Liabilities Total	0.84	0.69	0.75	0.84	0.04	0.36	0.58	0.8	-0.24	-0.08	0.62	0.31	-0.24	0.97	0.5	0.72	0.72	0.81	0.7	0.9	0.89	0.56	0.14	-0.24		0.04
Other Liab	-0.22	0.03	-0.11	-0.23	0.51	0.39	-0.5	-0.05	-0.34	-0.63	-0.37	-0.32	0.29	-0.03	-0.62	-0.34	0.37	-0.14	-0.01	-0.14	-0.14	0.47	-0.15	-0.55	0.04

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MAG Silver Account Relationship Matchups

MAG Silver balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	323.1M	372.4M	407.8M	520.5M	611.1M	641.6M
Other Current Liab	299.0	650.0	920.0	2.0M	1.8M	1.9M
Total Current Liabilities	901K	1.6M	2.7M	4.8M	3.6M	3.8M
Total Stockholder Equity	316.7M	367.5M	401.7M	506.8M	591.3M	620.9M
Net Debt	(93.5M)	(56.4M)	(29.7M)	(68.6M)	(61.7M)	(64.8M)
Retained Earnings	(207.5M)	(196.4M)	(177.8M)	(129.2M)	(51.4M)	(53.9M)
Cash	94.0M	56.7M	30.0M	68.7M	162.3M	170.5M
Non Current Assets Total	227.7M	313.0M	375.9M	448.5M	447.3M	469.7M
Cash And Short Term Investments	94.0M	56.7M	30.0M	68.7M	79.0M	57.0M
Common Stock Shares Outstanding	91.1M	95.5M	98.6M	102.6M	103.4M	65.7M
Liabilities And Stockholders Equity	323.1M	372.4M	407.8M	520.5M	598.6M	628.5M
Other Stockholder Equity	16.8M	27.5M	20.0M	1.0	0.9	0.86
Total Liab	6.4M	4.9M	6.1M	13.8M	19.7M	20.7M
Total Current Assets	95.4M	59.4M	31.9M	72.1M	163.7M	171.9M
Common Stock	496.6M	543.9M	559.9M	614.4M	706.5M	741.8M
Property Plant And Equipment Net	13.1M	20.7M	37.6M	52.9M	82.7M	86.9M
Accounts Payable	808K	1.5M	2.5M	2.7M	3.5M	3.7M
Net Receivables	897K	2.1M	708K	1.6M	1.8M	1.9M
Inventory	507.6K	523.4K	1.2M	1.8M	2.1M	2.2M
Other Current Assets	509K	526K	1.2M	1.8M	2.1M	2.2M
Property Plant And Equipment Gross	13.1M	21.7M	38.8M	52.9M	60.9M	63.9M
Accumulated Other Comprehensive Income	27.5M	20.0M	19.6M	21.5M	24.8M	26.0M
Short Term Debt	93K	110K	121K	154K	177.1K	168.2K
Non Current Liabilities Total	5.5M	3.2M	3.5M	9.0M	16.1M	16.9M
Other Liab	2.2M	5.1M	3.0M	3.3M	3.0M	2.5M
Net Tangible Assets	215.2M	316.7M	367.5M	401.7M	462.0M	256.5M
Long Term Investments	214.5M	292.3M	338.3M	394.6M	364.0M	183.7M
Property Plant Equipment	8.0M	13.1M	20.7M	37.6M	33.8M	19.9M
Long Term Debt Total	467K	383K	275K	140K	161K	198.8K
Cash And Equivalents	0.0	94.0M	56.7M	30.0M	27.0M	53.6M
Net Invested Capital	316.7M	367.5M	401.7M	506.8M	591.3M	389.6M
Net Working Capital	94.5M	57.8M	29.2M	67.3M	160.1M	168.1M
Capital Stock	496.6M	543.9M	559.9M	614.4M	619.0M	569.9M
Short Long Term Debt Total	476K	385K	261K	154K	138.6K	131.7K

When determining whether MAG Silver Corp is a strong investment it is important to analyze MAG Silver's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MAG Silver's future performance. For an informed investment choice regarding MAG Stock, refer to the following important reports:

How To Invest In MAG

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Is MAG Stock a good investment?

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What is MAG Silver's Net Worth?

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Largest Metals & Mining Companies

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Largest Materials Companies

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You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Please note, there is a significant difference between MAG Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if MAG Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MAG Silver's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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MAG Historical Balance Sheet

MAG Silver Inventory

2.15 Million

About MAG Balance Sheet Analysis

MAG Silver Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

MAG Silver balance sheet Correlations

MAG Silver Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MAG Silver balance sheet Accounts

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Total Stockholder Equity	+ 1.0	Total Assets
Other Current Assets	+ 1.0	Inventory
Common Stock	+ 0.98	Common Stock Total Equity
Common Stock	+ 0.97	Total Assets
Common Stock	+ 0.97	Total Stockholder Equity
Total Current Assets	+ 0.97	Cash

Cash And Short Term Investments	- 0.94	Net Debt
Total Current Assets	- 0.74	Net Debt
Cash	- 0.74	Net Debt
Common Stock Shares Outstanding	- 0.66	Retained Earnings
Other Liab	- 0.63	Cash And Short Term Investments
Cash And Short Term Investments	- 0.63	Retained Earnings