MAG Operating Income vs Interest Income Analysis

MAG Stock

USD 15.37 0.02 0.13%

MAG Silver financial indicator trend analysis is infinitely more than just investigating MAG Silver Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MAG Silver Corp is a good investment. Please check the relationship between MAG Silver Operating Income and its Interest Income accounts. 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.

Operating Income vs Interest Income

Operating Income vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MAG Silver Corp Operating Income account and Interest Income. At this time, the significance of the direction appears to have almost no relationship.

The correlation between MAG Silver's Operating Income and Interest Income is 0.15. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Interest Income in the same time period over historical financial statements of MAG Silver Corp, assuming nothing else is changed. The correlation between historical values of MAG Silver's Operating Income and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of MAG Silver Corp are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Operating Income i.e., MAG Silver's Operating Income and Interest Income go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from MAG Silver Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of MAG Silver Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Most indicators from MAG Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Tax Provision is most likely to decrease significantly in the upcoming years. The MAG Silver's current Enterprise Value is estimated to increase to about 1.4 B, while Selling General Administrative is projected to decrease to roughly 9.1 M.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	146K	136K	235K	122.4K
Net Interest Income	174K	630K	2.2M	1.2M

Reconciled Depreciation Net Interest Income

MAG Silver fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Accounts Payable	Net Receivables	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Property Plant And Equipment Gross	Common Stock Total Equity	Short Term Investments	Other Current Liab	Other Liab	Net Tangible Assets
Total Assets		0.85	1.0	-0.22	-0.51	0.16	0.96	0.42	-0.37	0.12	0.67	0.86	0.13	0.96	0.14	0.8	0.58	0.79	0.92	-0.31	0.16	0.94	-0.1	0.68	0.26	0.98
Total Current Liabilities	0.85		0.85	0.01	-0.09	-0.08	0.88	0.12	-0.39	-0.12	0.37	0.88	-0.11	0.71	0.43	0.94	0.48	0.77	0.94	-0.08	0.44	0.67	-0.2	0.8	0.08	0.76
Total Stockholder Equity	1.0	0.85		-0.22	-0.51	0.17	0.96	0.43	-0.37	0.12	0.68	0.85	0.14	0.96	0.14	0.8	0.58	0.78	0.92	-0.31	0.15	0.94	-0.09	0.68	0.26	0.98
Net Debt	-0.22	0.01	-0.22		0.68	-0.99	0.05	0.22	-0.01	-0.94	-0.5	-0.07	-0.94	-0.39	0.41	-0.01	0.17	-0.08	-0.01	0.27	0.4	-0.43	-0.61	0.29	-0.06	-0.28
Retained Earnings	-0.51	-0.09	-0.51	0.68		-0.68	-0.31	-0.39	0.25	-0.69	-0.85	-0.19	-0.7	-0.73	0.46	-0.17	-0.18	-0.19	-0.2	0.31	0.45	-0.76	-0.29	0.01	-0.22	-0.6
Cash	0.16	-0.08	0.17	-0.99	-0.68		-0.11	-0.2	0.03	0.95	0.51	0.0	0.95	0.35	-0.44	-0.04	-0.18	0.02	-0.05	-0.26	-0.43	0.39	0.62	-0.34	0.07	0.23
Non Current Assets Total	0.96	0.88	0.96	0.05	-0.31	-0.11		0.49	-0.36	-0.17	0.54	0.87	-0.15	0.86	0.28	0.82	0.63	0.8	0.94	-0.24	0.3	0.83	-0.29	0.78	0.28	0.92
Non Currrent Assets Other	0.42	0.12	0.43	0.22	-0.39	-0.2	0.49		-0.14	-0.23	0.45	0.09	-0.22	0.47	-0.09	0.26	0.34	0.05	0.3	-0.15	-0.08	0.42	-0.17	0.46	0.2	0.48
Other Assets	-0.37	-0.39	-0.37	-0.01	0.25	0.03	-0.36	-0.14		0.0	-0.22	-0.24	0.0	-0.38	0.3	-0.4	-0.09	-0.13	-0.3	0.04	0.31	-0.35	-0.11	-0.37	0.25	-0.34
Cash And Short Term Investments	0.12	-0.12	0.12	-0.94	-0.69	0.95	-0.17	-0.23	0.0		0.48	-0.07	1.0	0.32	-0.5	-0.09	-0.17	-0.06	-0.09	-0.24	-0.49	0.36	0.68	-0.37	-0.04	0.19
Common Stock Shares Outstanding	0.67	0.37	0.68	-0.5	-0.85	0.51	0.54	0.45	-0.22	0.48		0.41	0.5	0.81	-0.06	0.47	0.47	0.39	0.43	-0.18	-0.05	0.83	0.1	0.3	0.41	0.71
Total Liab	0.86	0.88	0.85	-0.07	-0.19	0.0	0.87	0.09	-0.24	-0.07	0.41		-0.06	0.74	0.42	0.77	0.49	0.97	0.92	-0.22	0.42	0.74	-0.29	0.67	0.37	0.8
Total Current Assets	0.13	-0.11	0.14	-0.94	-0.7	0.95	-0.15	-0.22	0.0	1.0	0.5	-0.06		0.33	-0.5	-0.08	-0.16	-0.05	-0.08	-0.24	-0.49	0.37	0.67	-0.36	-0.04	0.2
Common Stock	0.96	0.71	0.96	-0.39	-0.73	0.35	0.86	0.47	-0.38	0.32	0.81	0.74	0.33		-0.05	0.69	0.51	0.68	0.8	-0.35	-0.04	0.99	0.02	0.54	0.26	0.97
Property Plant And Equipment Net	0.14	0.43	0.14	0.41	0.46	-0.44	0.28	-0.09	0.3	-0.5	-0.06	0.42	-0.5	-0.05		0.44	0.31	0.43	0.31	0.3	1.0	-0.06	-0.45	0.46	0.43	0.03
Accounts Payable	0.8	0.94	0.8	-0.01	-0.17	-0.04	0.82	0.26	-0.4	-0.09	0.47	0.77	-0.08	0.69	0.44		0.37	0.65	0.88	-0.07	0.45	0.66	-0.18	0.84	0.13	0.72
Net Receivables	0.58	0.48	0.58	0.17	-0.18	-0.18	0.63	0.34	-0.09	-0.17	0.47	0.49	-0.16	0.51	0.31	0.37		0.46	0.47	0.03	0.32	0.51	-0.28	0.42	0.29	0.54
Non Current Liabilities Total	0.79	0.77	0.78	-0.08	-0.19	0.02	0.8	0.05	-0.13	-0.06	0.39	0.97	-0.05	0.68	0.43	0.65	0.46		0.83	-0.28	0.43	0.7	-0.33	0.55	0.52	0.76
Other Current Assets	0.92	0.94	0.92	-0.01	-0.2	-0.05	0.94	0.3	-0.3	-0.09	0.43	0.92	-0.08	0.8	0.31	0.88	0.47	0.83		-0.28	0.32	0.77	-0.19	0.78	0.19	0.88
Other Stockholder Equity	-0.31	-0.08	-0.31	0.27	0.31	-0.26	-0.24	-0.15	0.04	-0.24	-0.18	-0.22	-0.24	-0.35	0.3	-0.07	0.03	-0.28	-0.28		0.3	-0.36	-0.12	0.25	-0.35	-0.46
Property Plant And Equipment Gross	0.16	0.44	0.15	0.4	0.45	-0.43	0.3	-0.08	0.31	-0.49	-0.05	0.42	-0.49	-0.04	1.0	0.45	0.32	0.43	0.32	0.3		-0.05	-0.45	0.47	0.43	0.04
Common Stock Total Equity	0.94	0.67	0.94	-0.43	-0.76	0.39	0.83	0.42	-0.35	0.36	0.83	0.74	0.37	0.99	-0.06	0.66	0.51	0.7	0.77	-0.36	-0.05		0.04	0.48	0.31	0.96
Short Term Investments	-0.1	-0.2	-0.09	-0.61	-0.29	0.62	-0.29	-0.17	-0.11	0.68	0.1	-0.29	0.67	0.02	-0.45	-0.18	-0.28	-0.33	-0.19	-0.12	-0.45	0.04		-0.3	-0.36	-0.06
Other Current Liab	0.68	0.8	0.68	0.29	0.01	-0.34	0.78	0.46	-0.37	-0.37	0.3	0.67	-0.36	0.54	0.46	0.84	0.42	0.55	0.78	0.25	0.47	0.48	-0.3		0.03	0.57
Other Liab	0.26	0.08	0.26	-0.06	-0.22	0.07	0.28	0.2	0.25	-0.04	0.41	0.37	-0.04	0.26	0.43	0.13	0.29	0.52	0.19	-0.35	0.43	0.31	-0.36	0.03		0.32
Net Tangible Assets	0.98	0.76	0.98	-0.28	-0.6	0.23	0.92	0.48	-0.34	0.19	0.71	0.8	0.2	0.97	0.03	0.72	0.54	0.76	0.88	-0.46	0.04	0.96	-0.06	0.57	0.32

Click cells to compare fundamentals

MAG Silver Account Relationship Matchups

MAG Silver fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	218.8M	323.1M	372.4M	407.8M	520.5M	546.6M
Total Current Liabilities	854K	901K	1.6M	2.7M	4.8M	5.0M
Total Stockholder Equity	215.2M	316.7M	367.5M	401.7M	506.8M	532.1M
Net Debt	(71.8M)	(93.5M)	(56.4M)	(29.7M)	(68.6M)	(72.0M)
Retained Earnings	(201.5M)	(207.5M)	(196.4M)	(177.8M)	(129.2M)	(135.6M)
Cash	72.4M	94.0M	56.7M	30.0M	68.7M	54.2M
Non Current Assets Total	146.1M	227.7M	313.0M	375.9M	448.5M	470.9M
Non Currrent Assets Other	7.3M	12.5M	20.2M	37.2M	909.0K	863.5K
Cash And Short Term Investments	72.4M	94.0M	56.7M	30.0M	68.7M	57.0M
Common Stock Shares Outstanding	86.1M	91.1M	95.5M	98.6M	102.6M	63.6M
Liabilities And Stockholders Equity	218.8M	323.1M	372.4M	407.8M	520.5M	546.6M
Total Liab	3.6M	6.4M	4.9M	6.1M	13.8M	14.5M
Total Current Assets	72.7M	95.4M	59.4M	31.9M	72.1M	58.2M
Common Stock	400.0M	496.6M	543.9M	559.9M	614.4M	645.1M
Property Plant And Equipment Net	8.0M	13.1M	20.7M	37.6M	52.9M	55.6M
Accounts Payable	780K	808K	960K	2.5M	2.7M	2.8M
Net Receivables	83K	897K	2.1M	707.7K	1.6M	894.2K
Non Current Liabilities Total	2.7M	5.5M	3.2M	3.5M	9.0M	9.4M
Other Current Assets	269K	509K	526K	1.2M	1.8M	1.9M
Other Stockholder Equity	16.8M	28.3M	1.8M	784K	(999.0)	(949.05)
Property Plant And Equipment Gross	8.0M	13.1M	21.7M	38.8M	52.9M	55.6M
Accumulated Other Comprehensive Income	16.8M	27.5M	20.0M	19.6M	21.5M	22.6M
Common Stock Total Equity	392.6M	392.9M	400.0M	496.6M	571.1M	599.6M
Other Current Liab	74K	808K	540K	2.5M	2.0M	2.1M
Other Liab	2.2M	5.1M	3.0M	3.3M	3.8M	2.0M
Net Tangible Assets	215.2M	316.7M	367.5M	401.7M	462.0M	485.0M
Long Term Investments	138.1M	214.5M	292.3M	338.3M	394.6M	414.4M
Short Term Debt	74K	93K	110K	121K	154K	161.7K
Property Plant Equipment	8.0M	13.1M	20.7M	37.6M	33.8M	24.0M
Long Term Debt Total	467K	383K	275K	140K	161K	173.9K
Capital Lease Obligations	541K	476K	385K	261K	154K	222.1K
Cash And Equivalents	0.0	94.0M	56.7M	30.0M	27.0M	53.6M
Net Invested Capital	215.2M	316.7M	367.5M	401.7M	506.8M	352.3M
Net Working Capital	71.9M	94.5M	57.8M	29.2M	67.3M	69.7M
Capital Stock	400.0M	496.6M	543.9M	559.9M	614.4M	551.4M

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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:

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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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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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.

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MAG Operating Income vs Interest Income Analysis

Operating Income vs Interest Income

Operating Income vs Interest Income Correlation Analysis

Correlation Coefficient

Operating Income

Interest Income

MAG Silver fundamental ratios Correlations

MAG Silver Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MAG Silver fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Cash And Short Term Investments
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Common Stock Total Equity	+ 0.99	Common Stock
Net Tangible Assets	+ 0.98	Total Assets
Net Tangible Assets	+ 0.98	Total Stockholder Equity

Cash	- 0.99	Net Debt
Total Current Assets	- 0.94	Net Debt
Cash And Short Term Investments	- 0.94	Net Debt
Common Stock Shares Outstanding	- 0.85	Retained Earnings
Common Stock Total Equity	- 0.76	Retained Earnings
Common Stock	- 0.73	Retained Earnings