MAG Silver Corp (MAG) — Defensive Interval Ratio

Latest as of September 2024: 170 days

MAG Silver Corp (MAG) has a Defensive Interval Ratio of 170 days as of September 2024. Defensive assets of CA$1.68 Million (cash CA$-, short-term investments CA$-, receivables CA$1.68 Million) cover 170 days of daily cash needs of CA$9.87K/day. Check MAG Silver Corp (MAG) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

170 days
Days of operational coverage

Defensive Assets

CA$1.68 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$9.87K
Current Liabilities ÷ 365

Current Liabilities

CA$3.60 Million
CAD

MAG Silver Corp Defensive Interval Ratio (2002–2023)

This chart shows how MAG Silver Corp's Defensive Interval Ratio has evolved across 22 annual periods from 2002 to 2023. As of September 2024, the ratio stands at 170 days, meaning defensive assets of CA$1.68 Million can fund 170 days of operations without new revenue. Also explore MAG Silver Corp equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for MAG Silver Corp (2002–2023)

The table below presents the year-by-year Defensive Interval Ratio for MAG Silver Corp from 2002 to 2023, covering 22 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see MAG Silver Corp market cap and net worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 119 days CA$1.56 Million CA$13.13K/day CA$- CA$- ▼ -4084 days
2022 4203 days CA$30.66 Million CA$7.30K/day CA$29.95 Million CA$- ▼ -9138 days
2021 13341 days CA$58.84 Million CA$4.41K/day CA$56.75 Million CA$- ▼ -25106 days
2020 38447 days CA$94.91 Million CA$2.47K/day CA$94.01 Million CA$- ▲ +38411 days
2019 35 days CA$83.00K CA$2.34K/day CA$0.00 CA$- ▼ -17566 days
2018 17601 days CA$75.37 Million CA$4.28K/day CA$75.00 Million CA$- ▼ -33156 days
2017 50757 days CA$130.16 Million CA$2.56K/day CA$130.00 Million CA$0.00 ▼ -18804 days
2016 69561 days CA$139.69 Million CA$2.01K/day CA$83.35 Million CA$55.72 Million ▲ +69329 days
2015 231 days CA$606.11K CA$2.62K/day CA$- CA$279.11K ▼ -397 days
2014 629 days CA$947.96K CA$1.51K/day CA$- CA$364.58K ▼ -17 days
2013 645 days CA$1.47 Million CA$2.28K/day CA$- CA$486.70K ▲ +367 days
2012 278 days CA$1.00 Million CA$3.60K/day CA$- CA$430.81K ▲ +20 days
2011 258 days CA$1.30 Million CA$5.04K/day CA$- CA$494.41K ▼ -198 days
2010 456 days CA$2.90 Million CA$6.36K/day CA$- CA$678.77K ▼ -241 days
2009 697 days CA$1.96 Million CA$2.82K/day CA$- CA$12.80K ▲ +108 days
2008 589 days CA$1.99 Million CA$3.38K/day CA$- CA$3.38K ▲ +119 days
2007 470 days CA$828.37K CA$1.76K/day CA$- CA$- ▲ +65 days
2006 404 days CA$333.10K CA$823.53/day CA$- CA$- ▲ +283 days
2005 122 days CA$113.21K CA$928.55/day CA$- CA$- ▼ -3083 days
2004 3205 days CA$451.67K CA$140.93/day CA$- CA$- ▲ +2637 days
2003 568 days CA$249.56K CA$439.48/day CA$- CA$- ▲ +567 days
2002 0 days CA$48.28 CA$102.47/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)