MAG Silver Corp (MAG) — Tangible Net Worth Ratio

Latest as of June 2025: 100.0%

MAG Silver Corp (MAG) has a Tangible Net Worth Ratio of 100.0% as of June 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$618.49 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See how liquid is MAG Silver Corp's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$618.49 Million
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$641.97 Million
CAD

MAG Silver Corp Tangible Net Worth Ratio (2001–2024)

This chart shows how MAG Silver Corp's Tangible Net Worth Ratio has changed across 24 annual periods from 2001 to 2024. As of June 2025, the ratio stands at 100.0%, reflecting net assets of CA$618.49 Million with intangible assets of CA$0.00 CAD. See MAG Silver Corp (MAG) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for MAG Silver Corp (2001–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for MAG Silver Corp from 2001 to 2024, covering 24 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see MAG Silver Corp (MAG) market capitalisation.

Year Tangible NW Ratio Net Assets (CAD) Intangible Assets Total Assets Change (pp)
2024 100.0% CA$591.33 Million CA$0.00 CA$611.07 Million ▲ +0.0 pp
2023 100.0% CA$506.76 Million CA$0.00 CA$520.53 Million ▲ +0.0 pp
2022 100.0% CA$401.70 Million CA$0.00 CA$407.83 Million ▲ +0.0 pp
2021 100.0% CA$367.52 Million CA$0.00 CA$372.37 Million ▲ +0.0 pp
2020 100.0% CA$316.67 Million CA$0.00 CA$323.08 Million ▲ +0.0 pp
2019 100.0% CA$215.25 Million CA$0.00 CA$218.81 Million ▲ +0.0 pp
2018 100.0% CA$213.88 Million CA$0.00 CA$217.56 Million ▲ +0.0 pp
2017 100.0% CA$220.24 Million CA$0.00 CA$222.49 Million ▲ +0.0 pp
2016 100.0% CA$175.92 Million CA$0.00 CA$177.24 Million ▲ +0.0 pp
2015 100.0% CA$154.14 Million CA$0.00 CA$160.26 Million ▲ +0.0 pp
2014 100.0% CA$165.29 Million CA$0.00 CA$169.52 Million ▲ +0.0 pp
2013 100.0% CA$101.38 Million CA$0.00 CA$106.45 Million ▲ +0.0 pp
2012 100.0% CA$129.24 Million CA$0.00 CA$130.55 Million ▲ +0.0 pp
2011 100.0% CA$100.55 Million CA$0.00 CA$103.22 Million ▲ +6.7 pp
2010 93.3% CA$108.76 Million CA$7.33 Million CA$111.08 Million ▲ +2.5 pp
2009 90.8% CA$77.91 Million CA$7.17 Million CA$78.94 Million ▼ -1.9 pp
2008 92.7% CA$76.95 Million CA$5.65 Million CA$78.18 Million ▼ -1.3 pp
2007 94.0% CA$85.25 Million CA$5.13 Million CA$85.90 Million ▲ +23.6 pp
2006 70.4% CA$15.94 Million CA$4.72 Million CA$16.24 Million ▼ -2.1 pp
2005 72.5% CA$15.22 Million CA$4.18 Million CA$15.56 Million ▲ +6.3 pp
2004 66.3% CA$8.08 Million CA$2.73 Million CA$8.13 Million ▼ -33.7 pp
2003 100.0% CA$6.42 Million CA$0.00 CA$6.58 Million ▲ +0.0 pp
2002 100.0% CA$221.84K CA$0.00 CA$259.24K ▲ +0.0 pp
2001 100.0% CA$60.85K CA$0.00 CA$69.66K
pp = percentage points