MAG Other Liab vs Common Stock Shares Outstanding 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 Other Liab and its Common Stock Shares Outstanding 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.

Other Liab vs Common Stock Shares Outstanding

Other Liab vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MAG Silver Corp Other Liab account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between MAG Silver's Other Liab and Common Stock Shares Outstanding is 0.41. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Common Stock Shares Outstanding 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 Other Liab and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of MAG Silver Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Liab i.e., MAG Silver's Other Liab and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Other Liab

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Depreciation146K136K235K122.4K
Net Interest Income174K630K2.2M1.2M

MAG Silver fundamental ratios Correlations

0.851.0-0.22-0.510.160.960.42-0.370.120.670.860.130.960.140.80.580.790.92-0.310.160.94-0.10.680.260.98
0.850.850.01-0.09-0.080.880.12-0.39-0.120.370.88-0.110.710.430.940.480.770.94-0.080.440.67-0.20.80.080.76
1.00.85-0.22-0.510.170.960.43-0.370.120.680.850.140.960.140.80.580.780.92-0.310.150.94-0.090.680.260.98
-0.220.01-0.220.68-0.990.050.22-0.01-0.94-0.5-0.07-0.94-0.390.41-0.010.17-0.08-0.010.270.4-0.43-0.610.29-0.06-0.28
-0.51-0.09-0.510.68-0.68-0.31-0.390.25-0.69-0.85-0.19-0.7-0.730.46-0.17-0.18-0.19-0.20.310.45-0.76-0.290.01-0.22-0.6
0.16-0.080.17-0.99-0.68-0.11-0.20.030.950.510.00.950.35-0.44-0.04-0.180.02-0.05-0.26-0.430.390.62-0.340.070.23
0.960.880.960.05-0.31-0.110.49-0.36-0.170.540.87-0.150.860.280.820.630.80.94-0.240.30.83-0.290.780.280.92
0.420.120.430.22-0.39-0.20.49-0.14-0.230.450.09-0.220.47-0.090.260.340.050.3-0.15-0.080.42-0.170.460.20.48
-0.37-0.39-0.37-0.010.250.03-0.36-0.140.0-0.22-0.240.0-0.380.3-0.4-0.09-0.13-0.30.040.31-0.35-0.11-0.370.25-0.34
0.12-0.120.12-0.94-0.690.95-0.17-0.230.00.48-0.071.00.32-0.5-0.09-0.17-0.06-0.09-0.24-0.490.360.68-0.37-0.040.19
0.670.370.68-0.5-0.850.510.540.45-0.220.480.410.50.81-0.060.470.470.390.43-0.18-0.050.830.10.30.410.71
0.860.880.85-0.07-0.190.00.870.09-0.24-0.070.41-0.060.740.420.770.490.970.92-0.220.420.74-0.290.670.370.8
0.13-0.110.14-0.94-0.70.95-0.15-0.220.01.00.5-0.060.33-0.5-0.08-0.16-0.05-0.08-0.24-0.490.370.67-0.36-0.040.2
0.960.710.96-0.39-0.730.350.860.47-0.380.320.810.740.33-0.050.690.510.680.8-0.35-0.040.990.020.540.260.97
0.140.430.140.410.46-0.440.28-0.090.3-0.5-0.060.42-0.5-0.050.440.310.430.310.31.0-0.06-0.450.460.430.03
0.80.940.8-0.01-0.17-0.040.820.26-0.4-0.090.470.77-0.080.690.440.370.650.88-0.070.450.66-0.180.840.130.72
0.580.480.580.17-0.18-0.180.630.34-0.09-0.170.470.49-0.160.510.310.370.460.470.030.320.51-0.280.420.290.54
0.790.770.78-0.08-0.190.020.80.05-0.13-0.060.390.97-0.050.680.430.650.460.83-0.280.430.7-0.330.550.520.76
0.920.940.92-0.01-0.2-0.050.940.3-0.3-0.090.430.92-0.080.80.310.880.470.83-0.280.320.77-0.190.780.190.88
-0.31-0.08-0.310.270.31-0.26-0.24-0.150.04-0.24-0.18-0.22-0.24-0.350.3-0.070.03-0.28-0.280.3-0.36-0.120.25-0.35-0.46
0.160.440.150.40.45-0.430.3-0.080.31-0.49-0.050.42-0.49-0.041.00.450.320.430.320.3-0.05-0.450.470.430.04
0.940.670.94-0.43-0.760.390.830.42-0.350.360.830.740.370.99-0.060.660.510.70.77-0.36-0.050.040.480.310.96
-0.1-0.2-0.09-0.61-0.290.62-0.29-0.17-0.110.680.1-0.290.670.02-0.45-0.18-0.28-0.33-0.19-0.12-0.450.04-0.3-0.36-0.06
0.680.80.680.290.01-0.340.780.46-0.37-0.370.30.67-0.360.540.460.840.420.550.780.250.470.48-0.30.030.57
0.260.080.26-0.06-0.220.070.280.20.25-0.040.410.37-0.040.260.430.130.290.520.19-0.350.430.31-0.360.030.32
0.980.760.98-0.28-0.60.230.920.48-0.340.190.710.80.20.970.030.720.540.760.88-0.460.040.96-0.060.570.32
Click cells to compare fundamentals

MAG Silver Account Relationship Matchups

MAG Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets218.8M323.1M372.4M407.8M520.5M546.6M
Total Current Liabilities854K901K1.6M2.7M4.8M5.0M
Total Stockholder Equity215.2M316.7M367.5M401.7M506.8M532.1M
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)
Cash72.4M94.0M56.7M30.0M68.7M54.2M
Non Current Assets Total146.1M227.7M313.0M375.9M448.5M470.9M
Non Currrent Assets Other7.3M12.5M20.2M37.2M909.0K863.5K
Cash And Short Term Investments72.4M94.0M56.7M30.0M68.7M57.0M
Common Stock Shares Outstanding86.1M91.1M95.5M98.6M102.6M63.6M
Liabilities And Stockholders Equity218.8M323.1M372.4M407.8M520.5M546.6M
Total Liab3.6M6.4M4.9M6.1M13.8M14.5M
Total Current Assets72.7M95.4M59.4M31.9M72.1M58.2M
Common Stock400.0M496.6M543.9M559.9M614.4M645.1M
Property Plant And Equipment Net8.0M13.1M20.7M37.6M52.9M55.6M
Accounts Payable780K808K960K2.5M2.7M2.8M
Net Receivables83K897K2.1M707.7K1.6M894.2K
Non Current Liabilities Total2.7M5.5M3.2M3.5M9.0M9.4M
Other Current Assets269K509K526K1.2M1.8M1.9M
Other Stockholder Equity16.8M28.3M1.8M784K(999.0)(949.05)
Property Plant And Equipment Gross8.0M13.1M21.7M38.8M52.9M55.6M
Accumulated Other Comprehensive Income16.8M27.5M20.0M19.6M21.5M22.6M
Common Stock Total Equity392.6M392.9M400.0M496.6M571.1M599.6M
Other Current Liab74K808K540K2.5M2.0M2.1M
Other Liab2.2M5.1M3.0M3.3M3.8M2.0M
Net Tangible Assets215.2M316.7M367.5M401.7M462.0M485.0M
Long Term Investments138.1M214.5M292.3M338.3M394.6M414.4M
Short Term Debt74K93K110K121K154K161.7K
Property Plant Equipment8.0M13.1M20.7M37.6M33.8M24.0M
Long Term Debt Total467K383K275K140K161K173.9K
Capital Lease Obligations541K476K385K261K154K222.1K
Cash And Equivalents0.094.0M56.7M30.0M27.0M53.6M
Net Invested Capital215.2M316.7M367.5M401.7M506.8M352.3M
Net Working Capital71.9M94.5M57.8M29.2M67.3M69.7M
Capital Stock400.0M496.6M543.9M559.9M614.4M551.4M

Currently Active Assets on Macroaxis

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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.