MAG Silver Corp Total Assets
MAG Silver Corp total assets. Based on the latest financial reports, MAG Silver Corp (MAG) holds total assets worth CA$641.97 Million CAD (≈ $464.39 Million USD) as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see market cap of MAG Silver Corp for the company's overall valuation and market capitalisation.
Total Assets of MAG Silver Corp (2001–2024)
Total assets of MAG Silver Corp from 2001 to 2024. This chart illustrates how MAG Silver Corp's total assets have evolved over time, based on quarterly financial data. See MAG stock price and chart for real-time trading data and today's change.
MAG Silver Corp - Asset Composition Analysis
MAG Silver Corp Total Assets Breakdown (December 2024)
MAG Silver Corp total assets breakdown as of December 2024. MAG Silver Corp's total assets of CA$641.97 Million consist of 26.8% current assets and 73.2% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 26.6% |
| Accounts Receivable | CA$0.00 | 0.0% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$82.75 Million | 13.5% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2001–2024)
This chart illustrates how MAG Silver Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore MAG Silver Corp working capital to net assets to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MAG Silver Corp's current assets represent 26.8% of total assets in 2024, a decrease from 82.0% in 2001.
- Cash Position: Cash and equivalents constituted 26.6% of total assets in 2024, down from 82.0% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is property, plant & equipment at 13.5% of total assets.
MAG Silver Corp Competitors by Total Assets
Key competitors of MAG Silver Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
KUYA SILVER CORP.
F:6MR1
|
Germany | €53.97 Million |
|
Bunker Hill Mining Corp.
V:BNKR
|
Canada | CA$150.96 Million |
|
Hercules Metals Corp.
V:BIG
|
Canada | CA$13.80 Million |
|
Silver Mountain Resources Inc
V:AGMR
|
Canada | CA$61.62 Million |
|
Sotkamo Silver AB
HE:SOSI1
|
Finland | €607.40 Million |
|
Reyna Silver Corp
V:RSLV
|
Canada | CA$17.67 Million |
|
Minco Silver Corporation
TO:MSV
|
Canada | CA$54.31 Million |
|
Unico Silver Ltd
AU:USL
|
Australia | AU$15.02 Million |
MAG Silver Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 44.26 | 28.03 | 232.23 |
| Quick Ratio | 44.26 | 28.31 | 232.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$170.15 Million | CA$96.46 Million | CA$137.81 Million |
MAG Silver Corp - Advanced Valuation Insights
This section examines the relationship between MAG Silver Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.18 |
| Latest Market Cap to Assets Ratio | 4.22 |
| Asset Growth Rate (YoY) | 17.4% |
| Total Assets | CA$611.07 Million |
| Market Capitalization | $2.58 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values MAG Silver Corp's assets at a significant premium (4.22x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: MAG Silver Corp's assets grew by 17.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for MAG Silver Corp (2001–2024)
The table below shows the annual total assets of MAG Silver Corp from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$611.07 Million ≈ $442.04 Million |
+17.39% |
| 2023-12-31 | CA$520.53 Million ≈ $376.54 Million |
+27.63% |
| 2022-12-31 | CA$407.83 Million ≈ $295.02 Million |
+9.52% |
| 2021-12-31 | CA$372.37 Million ≈ $269.37 Million |
+15.26% |
| 2020-12-31 | CA$323.08 Million ≈ $233.71 Million |
+47.65% |
| 2019-12-31 | CA$218.81 Million ≈ $158.28 Million |
+0.58% |
| 2018-12-31 | CA$217.56 Million ≈ $157.38 Million |
-2.22% |
| 2017-12-31 | CA$222.49 Million ≈ $160.95 Million |
+25.53% |
| 2016-12-31 | CA$177.24 Million ≈ $128.21 Million |
+10.59% |
| 2015-12-31 | CA$160.26 Million ≈ $115.93 Million |
-5.46% |
| 2014-12-31 | CA$169.52 Million ≈ $122.63 Million |
+59.25% |
| 2013-12-31 | CA$106.45 Million ≈ $77.00 Million |
-18.46% |
| 2012-12-31 | CA$130.55 Million ≈ $94.44 Million |
+26.48% |
| 2011-12-31 | CA$103.22 Million ≈ $74.67 Million |
-7.07% |
| 2010-12-31 | CA$111.08 Million ≈ $80.35 Million |
+40.72% |
| 2009-12-31 | CA$78.94 Million ≈ $57.10 Million |
+0.96% |
| 2008-12-31 | CA$78.18 Million ≈ $56.56 Million |
-8.98% |
| 2007-12-31 | CA$85.90 Million ≈ $62.14 Million |
+428.88% |
| 2006-12-31 | CA$16.24 Million ≈ $11.75 Million |
+4.35% |
| 2005-12-31 | CA$15.56 Million ≈ $11.26 Million |
+91.41% |
| 2004-12-31 | CA$8.13 Million ≈ $5.88 Million |
+23.54% |
| 2003-12-31 | CA$6.58 Million ≈ $4.76 Million |
+2438.80% |
| 2002-12-31 | CA$259.24K ≈ $187.53K |
+272.13% |
| 2001-12-31 | CA$69.66K ≈ $50.39K |
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About 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 incorporated in 1999… Read more