MAG Silver Price To Book vs. Cash And Equivalents
| MAG Stock | CAD 21.80 0.20 0.93% |
For MAG Silver profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MAG Silver to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MAG Silver Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MAG Silver's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MAG Silver Corp over time as well as its relative position and ranking within its peers.
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MAG Silver Corp Cash And Equivalents vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MAG Silver's current stock value. Our valuation model uses many indicators to compare MAG Silver value to that of its competitors to determine the firm's financial worth. MAG Silver Corp is regarded second in price to book category among its peers. It is regarded fifth in cash and equivalents category among its peers creating about 10,760,471 of Cash And Equivalents per Price To Book. At this time, MAG Silver's Cash And Equivalents is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value MAG Silver by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MAG Silver's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.MAG Cash And Equivalents vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
MAG Silver |
| = | 2.78 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
MAG Silver |
| = | 29.95 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
MAG Cash And Equivalents Comparison
MAG Silver is currently under evaluation in cash and equivalents category among its peers.
MAG Silver Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MAG Silver, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MAG Silver will eventually generate negative long term returns. The profitability progress is the general direction of MAG Silver's change in net profit over the period of time. It can combine multiple indicators of MAG Silver, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 21.5 M | 22.6 M | |
| Operating Income | -14.3 M | -13.6 M | |
| Net Income | 48.7 M | 51.1 M | |
| Income Tax Expense | 5.6 M | 5.9 M | |
| Income Before Tax | 54.2 M | 56.9 M | |
| Total Other Income Expense Net | 68.6 M | 72 M | |
| Net Income From Continuing Ops | 48.7 M | 51.1 M | |
| Net Income Applicable To Common Shares | 20.3 M | 21.3 M | |
| Interest Income | 2.6 M | 2.5 M | |
| Net Interest Income | 2.5 M | 1.3 M | |
| Change To Netincome | -33.7 M | -32 M | |
| Net Income Per Share | 0.47 | 0.49 | |
| Income Quality | (0.18) | (0.17) | |
| Net Income Per E B T | 0.90 | 0.64 |
MAG Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MAG Silver. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of MAG Silver position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the MAG Silver's important profitability drivers and their relationship over time.
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To fully project MAG Silver's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MAG Silver Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include MAG Silver's income statement, its balance sheet, and the statement of cash flows.