MAG Silver Corp
MAG Silver Corp., a mining and exploration company, engages in the acquisition, exploration, and advancement of mineral projects in Canada, the United States, and Mexico. The company explores for silver, gold, lead, copper, and zinc deposits. Its flagship property is the 44% owned Juanicipio mine located in the Fresnillo District, Zacatecas State, Mexico. MAG Silver Corp. was founded in 2000 and … Read more
MAG Silver Corp - Asset Resilience Ratio
MAG Silver Corp (MAG) has an Asset Resilience Ratio of 7.34% as of December 2022. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2004–2023)
This chart shows how MAG Silver Corp's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down MAG Silver Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $29.95 Million | 7.34% |
| Short-term Investments | $0.00 | 0% |
| Total Liquid Assets | $29.95 Million | 7.34% |
Asset Resilience Insights
- Limited Liquidity: MAG Silver Corp maintains only 7.34% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
MAG Silver Corp Industry Peers by Asset Resilience Ratio
Compare MAG Silver Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
First Majestic Silver Corp
NYSE:AG |
Silver | 3.84% |
|
Andean Precious Metals Corp
OTCQX:ANPMF |
Silver | 17.96% |
|
Aya Gold & Silver Inc.
PINK:AYASF |
Silver | 0.00% |
|
Bald Eagle Gold Corp.
OTCQB:BADEF |
Silver | 18.47% |
|
Bunker Hill Mining Corp
OTCQB:BHLL |
Silver | 0.51% |
|
Hercules Metals Corp.
V:BIG |
Silver | 18.47% |
|
C0X
F:C0X |
Silver | 18.47% |
|
Canada Silver Cobalt Works Inc
OTCQB:CCWOF |
Silver | 29.22% |
Annual Asset Resilience Ratio for MAG Silver Corp (2004–2023)
The table below shows the annual Asset Resilience Ratio data for MAG Silver Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | -0.07% | $-351.53K | $520.53 Million | -7.41pp |
| 2022-12-31 | 7.34% | $29.95 Million | $407.83 Million | -7.89pp |
| 2021-12-31 | 15.24% | $56.75 Million | $372.37 Million | -13.86pp |
| 2020-12-31 | 29.10% | $94.01 Million | $323.08 Million | -- |
| 2019-12-31 | 0.00% | $0.00 | $218.81 Million | -- |
| 2018-12-31 | 34.47% | $75.00 Million | $217.56 Million | -43.99pp |
| 2016-12-31 | 78.46% | $139.06 Million | $177.24 Million | +78.29pp |
| 2015-12-31 | 0.17% | $279.11K | $160.26 Million | -0.04pp |
| 2014-12-31 | 0.22% | $364.58K | $169.52 Million | -0.24pp |
| 2013-12-31 | 0.46% | $486.70K | $106.45 Million | +0.13pp |
| 2012-12-31 | 0.33% | $430.81K | $130.55 Million | -0.15pp |
| 2011-12-31 | 0.48% | $494.41K | $103.22 Million | -0.13pp |
| 2010-12-31 | 0.61% | $678.77K | $111.08 Million | +0.59pp |
| 2009-12-31 | 0.02% | $12.80K | $78.94 Million | +0.01pp |
| 2008-12-31 | 0.00% | $3.38K | $78.18 Million | -69.15pp |
| 2007-12-31 | 69.15% | $59.40 Million | $85.90 Million | +52.53pp |
| 2006-12-31 | 16.62% | $2.70 Million | $16.24 Million | +8.91pp |
| 2005-12-31 | 7.71% | $1.20 Million | $15.56 Million | -10.74pp |
| 2004-12-31 | 18.45% | $1.50 Million | $8.13 Million | -- |