MAG Pb Ratio vs Capex To Depreciation Analysis

MAG Stock  CAD 21.85  0.14  0.64%   
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 Pb Ratio and its Capex To Depreciation 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 board of governors.

Pb Ratio vs Capex To Depreciation

Pb Ratio vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MAG Silver Corp Pb Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between MAG Silver's Pb Ratio and Capex To Depreciation is -0.13. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Capex To Depreciation 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 Pb Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of MAG Silver Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Pb Ratio i.e., MAG Silver's Pb Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Pb Ratio

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
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 board of governors.
At this time, MAG Silver's Tax Provision is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value is likely to grow to about 1.4 B, while Selling General Administrative is likely to drop about 8 M.
 2021 2022 2023 2024 (projected)
Net Interest Income174K630K2.5M1.3M
Interest Income15.9M41.0M2.6M2.5M

MAG Silver fundamental ratios Correlations

0.470.851.0-0.22-0.510.160.96-0.130.120.940.67-0.290.860.130.820.140.850.580.92-0.470.150.34-0.120.74-0.25
0.470.80.470.130.27-0.20.52-0.24-0.220.290.010.360.69-0.210.080.540.620.330.6-0.290.540.09-0.140.560.01
0.850.80.850.01-0.09-0.080.88-0.21-0.120.690.37-0.080.88-0.110.50.430.940.480.93-0.40.430.22-0.170.77-0.16
1.00.470.85-0.22-0.510.170.96-0.120.120.940.68-0.290.850.140.820.140.850.580.92-0.470.140.34-0.120.73-0.25
-0.220.130.01-0.220.68-0.990.05-0.28-0.94-0.45-0.50.23-0.07-0.94-0.410.41-0.010.17-0.01-0.450.41-0.41-0.10.00.52
-0.510.27-0.09-0.510.68-0.68-0.31-0.41-0.69-0.76-0.850.26-0.19-0.7-0.80.46-0.23-0.18-0.210.020.46-0.56-0.2-0.060.5
0.16-0.2-0.080.17-0.99-0.68-0.110.290.950.410.51-0.220.00.950.41-0.44-0.05-0.18-0.060.47-0.440.440.1-0.06-0.5
0.960.520.880.960.05-0.31-0.11-0.21-0.170.830.54-0.230.87-0.150.710.280.870.630.94-0.60.290.23-0.240.77-0.06
-0.13-0.24-0.21-0.12-0.28-0.410.29-0.210.30.080.21-0.06-0.180.290.1-0.41-0.17-0.42-0.230.03-0.410.140.1-0.22-0.35
0.12-0.22-0.120.12-0.94-0.690.95-0.170.30.370.48-0.21-0.071.00.38-0.5-0.1-0.17-0.090.47-0.510.420.41-0.15-0.63
0.940.290.690.94-0.45-0.760.410.830.080.370.83-0.270.720.390.91-0.070.720.490.76-0.36-0.060.48-0.020.58-0.38
0.670.010.370.68-0.5-0.850.510.540.210.480.83-0.130.410.50.94-0.060.520.470.43-0.09-0.060.830.060.3-0.33
-0.290.36-0.08-0.290.230.26-0.22-0.23-0.06-0.21-0.27-0.13-0.24-0.21-0.240.25-0.10.1-0.350.020.240.15-0.01-0.350.21
0.860.690.880.85-0.07-0.190.00.87-0.18-0.070.720.41-0.24-0.060.530.420.780.50.91-0.370.420.25-0.250.930.03
0.13-0.21-0.110.14-0.94-0.70.95-0.150.291.00.390.5-0.21-0.060.39-0.5-0.08-0.16-0.070.46-0.50.430.41-0.14-0.63
0.820.080.50.82-0.41-0.80.410.710.10.380.910.94-0.240.530.39-0.150.610.540.6-0.32-0.150.610.00.39-0.33
0.140.540.430.140.410.46-0.440.28-0.41-0.5-0.07-0.060.250.42-0.5-0.150.410.310.310.051.00.29-0.330.540.51
0.850.620.940.85-0.01-0.23-0.050.87-0.17-0.10.720.52-0.10.78-0.080.610.410.490.88-0.350.420.34-0.190.66-0.17
0.580.330.480.580.17-0.18-0.180.63-0.42-0.170.490.470.10.5-0.160.540.310.490.46-0.30.320.39-0.040.440.06
0.920.60.930.92-0.01-0.21-0.060.94-0.23-0.090.760.43-0.350.91-0.070.60.310.880.46-0.460.320.17-0.130.82-0.16
-0.47-0.29-0.4-0.47-0.450.020.47-0.60.030.47-0.36-0.090.02-0.370.46-0.320.05-0.35-0.3-0.460.040.260.12-0.33-0.17
0.150.540.430.140.410.46-0.440.29-0.41-0.51-0.06-0.060.240.42-0.5-0.151.00.420.320.320.040.29-0.330.540.51
0.340.090.220.34-0.41-0.560.440.230.140.420.480.830.150.250.430.610.290.340.390.170.260.290.080.22-0.15
-0.12-0.14-0.17-0.12-0.1-0.20.1-0.240.10.41-0.020.06-0.01-0.250.410.0-0.33-0.19-0.04-0.130.12-0.330.08-0.32-0.55
0.740.560.770.730.0-0.06-0.060.77-0.22-0.150.580.3-0.350.93-0.140.390.540.660.440.82-0.330.540.22-0.320.23
-0.250.01-0.16-0.250.520.5-0.5-0.06-0.35-0.63-0.38-0.330.210.03-0.63-0.330.51-0.170.06-0.16-0.170.51-0.15-0.550.23
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 Other661K86.7M146.1M909K1.0M993.1K
Cash And Short Term Investments72.4M94.0M56.7M30.0M68.7M57.0M
Common Stock Total Equity392.6M392.9M400.0M496.6M571.1M599.6M
Common Stock Shares Outstanding86.1M91.1M95.5M98.6M102.6M63.6M
Liabilities And Stockholders Equity218.8M323.1M372.4M407.8M520.5M546.6M
Other Stockholder Equity18.0M16.8M27.5M20.0M(1.0)(0.95)
Total Liab3.6M6.4M4.9M6.1M13.8M14.5M
Total Current Assets72.7M95.4M59.4M31.9M72.1M58.2M
Common Stock400.0M496.6M543.9M559.9M614.4M346.8M
Property Plant And Equipment Net8.0M13.1M20.7M37.6M52.9M55.6M
Accounts Payable780K808K1.5M2.5M2.7M2.8M
Net Receivables83K897K2.1M708K1.6M894.8K
Other Current Assets352.01.4K2.6K1.9K3.3K3.2K
Property Plant And Equipment Gross8.0M13.1M21.7M38.8M52.9M55.6M
Accumulated Other Comprehensive Income16.8M27.5M20.0M19.6M21.5M22.6M
Short Term Debt74K93K110K121K154K146.3K
Non Current Liabilities Total2.7M5.5M3.2M3.5M9.0M9.4M
Other Liab2.2M5.1M3.0M3.3M3.0M2.5M
Net Tangible Assets215.2M316.7M367.5M401.7M462.0M256.5M
Long Term Investments138.1M214.5M292.3M338.3M394.6M414.4M
Property Plant Equipment8.0M13.1M20.7M37.6M33.8M19.9M
Long Term Debt Total467K383K275K140K161K198.8K
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
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 board of governors.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.