MAG Historical Income Statement
| MAG Stock | USD 15.35 0.01 0.07% |
Historical analysis of MAG Silver income statement accounts such as Operating Income of 53.3 M can show how well MAG Silver Corp performed in making a profits. Evaluating MAG Silver income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MAG Silver's future profits or losses.
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.
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About MAG Income Statement Analysis
MAG Silver Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to MAG Silver shareholders. The income statement also shows MAG investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
MAG Silver Income Statement Chart
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Most accounts from MAG Silver's income statement are interrelated and interconnected. However, analyzing income statement 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 income statement 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 nation. At this time, MAG Silver's Other Operating Expenses is most likely to increase significantly in the upcoming years. The MAG Silver's current Operating Income is estimated to increase to about 53.3 M, while EBITDA is forecasted to increase to (13.3 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 146K | 136K | 235K | 122.4K | Net Interest Income | 174K | 630K | 2.2M | 1.2M |
MAG Silver income statement Correlations
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MAG Silver Account Relationship Matchups
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MAG Silver income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 106K | 127.4K | 144.7K | 130.6K | 358.5K | 376.4K | |
| Interest Expense | 68.6K | 67.4K | 57.5K | 19.7M | 22.7M | 23.8M | |
| Other Operating Expenses | 9.0M | 9.1M | 11.5M | 12.5M | 50.8M | 53.3M | |
| Operating Income | (8.9M) | (9.3M) | (11.5M) | 17.8M | 50.8M | 53.3M | |
| Ebit | (8.9M) | (9.3M) | (11.5M) | (21.8M) | (14.3M) | (13.6M) | |
| Ebitda | (8.8M) | (9.1M) | (11.4M) | (21.7M) | (14.0M) | (13.3M) | |
| Total Operating Expenses | 8.9M | 9.0M | 11.3M | 12.5M | (50.8M) | (48.2M) | |
| Net Income | (4.4M) | (7.1M) | 6.0M | 17.6M | 48.7M | 51.1M | |
| Income Tax Expense | (131K) | 1.0M | (1.6M) | 371K | 5.6M | 5.9M | |
| Income Before Tax | (4.6M) | (6.1M) | 4.5M | 18.0M | 54.2M | 56.9M | |
| Total Other Income Expense Net | 4.4M | 3.2M | 16.0M | 264K | 3.5M | 3.6M | |
| Selling General Administrative | 8.3M | 8.9M | 11.2M | 12.2M | 13.6M | 9.1M | |
| Gross Profit | (106K) | (121K) | (146K) | (130.6K) | (358.5K) | (340.5K) | |
| Net Income From Continuing Ops | (4.4M) | (7.1M) | 6.0M | 17.6M | 32.1M | 33.7M | |
| Cost Of Revenue | 106K | 121K | 146K | 130.6K | 358.5K | 397.9K | |
| Net Income Applicable To Common Shares | (4.4M) | (7.1M) | 6.0M | 17.6M | 15.9M | 16.7M | |
| Tax Provision | (131K) | 1.0M | (1.6M) | 371K | 2.3M | 2.4M | |
| Interest Income | 4.4M | 637K | 15.9M | 41.0M | 2.2M | 2.1M | |
| Net Interest Income | 2.6M | 637K | 174K | 630K | 2.2M | 1.2M | |
| Reconciled Depreciation | 106K | 121K | 146K | 136K | 235K | 122.4K |
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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: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 nation. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MAG Silver. If investors know MAG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MAG Silver listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.51 | Earnings Share 0.72 | Return On Assets (0.02) | Return On Equity 0.1403 |
The market value of MAG Silver Corp is measured differently than its book value, which is the value of MAG that is recorded on the company's balance sheet. Investors also form their own opinion of MAG Silver's value that differs from its market value or its book value, called intrinsic value, which is MAG Silver's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MAG Silver's market value can be influenced by many factors that don't directly affect MAG Silver's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.