MAG Silver Total Debt vs. Cash Per Share
| MAG Stock | USD 15.35 0.01 0.07% |
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.
MAG |
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.
MAG Silver Corp Cash Per Share vs. Total Debt 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 third in total debt category among its peers. It is considered to be number one stock in cash per share category among its peers . The ratio of Total Debt to Cash Per Share for MAG Silver Corp is about 342,222 . At this time, MAG Silver's Cash Per Share is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value MAG Silver by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.MAG Total Debt vs. Competition
MAG Silver Corp is regarded third in total debt category among its peers. Total debt of Materials industry is now estimated at about 10.34 Million. MAG Silver claims roughly 154,000 in total debt contributing just under 2% to all equities under Materials industry.
MAG Cash Per Share vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
MAG Silver |
| = | 154 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
MAG Silver |
| = | 0.45 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
MAG Cash Per Share Comparison
MAG Silver is currently under evaluation in cash per share 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 | 50.8 M | 53.3 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 | 3.5 M | 3.6 M | |
| Net Income From Continuing Ops | 32.1 M | 33.7 M | |
| Net Income Applicable To Common Shares | 15.9 M | 16.7 M | |
| Interest Income | 2.2 M | 2.1 M | |
| Net Interest Income | 2.2 M | 1.2 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.
Use MAG Silver in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MAG Silver position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MAG Silver will appreciate offsetting losses from the drop in the long position's value.MAG Silver Pair Trading
MAG Silver Corp Pair Trading Analysis
The ability to find closely correlated positions to MAG Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MAG Silver when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MAG Silver - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MAG Silver Corp to buy it.
The correlation of MAG Silver is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MAG Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MAG Silver Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MAG Silver can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your MAG Silver position
In addition to having MAG Silver in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Correlation Analysis. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.