MAG Silver Corp (MAG) — Working Capital to Net Assets Ratio
MAG Silver Corp (MAG) has a Working Capital to Net Assets ratio of 27.5% as of June 2025. Working capital of CA$170.15 Million (current assets of CA$174.08 Million minus current liabilities of CA$3.93 Million) is measured against net assets of CA$618.49 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is MAG Silver Corp's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MAG Silver Corp Working Capital to Net Assets (2001–2024)
This chart shows how MAG Silver Corp's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2001 to 2024. As of June 2025, the ratio stands at 27.5%, reflecting working capital of CA$170.15 Million against net assets of CA$618.49 Million CAD. Check MAG tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for MAG Silver Corp (2001–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for MAG Silver Corp from 2001 to 2024, covering 24 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see MAG Silver Corp market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 27.1% | CA$160.11 Million | CA$591.33 Million | CA$163.73 Million | CA$3.62 Million | ▲ +13.8 pp |
| 2023 | 13.3% | CA$67.26 Million | CA$506.76 Million | CA$72.05 Million | CA$4.79 Million | ▲ +6.0 pp |
| 2022 | 7.3% | CA$29.23 Million | CA$401.70 Million | CA$31.89 Million | CA$2.66 Million | ▼ -8.4 pp |
| 2021 | 15.7% | CA$57.76 Million | CA$367.52 Million | CA$59.37 Million | CA$1.61 Million | ▼ -14.1 pp |
| 2020 | 29.8% | CA$94.51 Million | CA$316.67 Million | CA$95.41 Million | CA$901.00K | ▼ -3.5 pp |
| 2019 | 33.4% | CA$71.86 Million | CA$215.25 Million | CA$72.71 Million | CA$854.00K | ▼ -27.1 pp |
| 2018 | 60.5% | CA$129.32 Million | CA$213.88 Million | CA$130.88 Million | CA$1.56 Million | ▼ -12.1 pp |
| 2017 | 72.6% | CA$159.91 Million | CA$220.24 Million | CA$160.84 Million | CA$936.00K | ▼ -6.5 pp |
| 2016 | 79.1% | CA$139.14 Million | CA$175.92 Million | CA$139.87 Million | CA$733.00K | ▲ +30.3 pp |
| 2015 | 48.8% | CA$75.22 Million | CA$154.14 Million | CA$76.18 Million | CA$957.07K | ▼ -3.9 pp |
| 2014 | 52.7% | CA$87.03 Million | CA$165.29 Million | CA$87.58 Million | CA$550.51K | ▲ +27.0 pp |
| 2013 | 25.6% | CA$25.97 Million | CA$101.38 Million | CA$26.80 Million | CA$830.99K | ▼ -5.7 pp |
| 2012 | 31.3% | CA$40.49 Million | CA$129.24 Million | CA$41.81 Million | CA$1.32 Million | ▲ +5.8 pp |
| 2011 | 25.5% | CA$25.68 Million | CA$100.55 Million | CA$27.52 Million | CA$1.84 Million | ▼ -11.7 pp |
| 2010 | 37.2% | CA$40.47 Million | CA$108.76 Million | CA$42.79 Million | CA$2.32 Million | ▲ +3.0 pp |
| 2009 | 34.2% | CA$26.62 Million | CA$77.91 Million | CA$27.65 Million | CA$1.03 Million | ▼ -22.7 pp |
| 2008 | 56.9% | CA$43.79 Million | CA$76.95 Million | CA$45.03 Million | CA$1.24 Million | ▼ -14.6 pp |
| 2007 | 71.5% | CA$60.97 Million | CA$85.25 Million | CA$61.61 Million | CA$643.42K | ▲ +52.2 pp |
| 2006 | 19.3% | CA$3.08 Million | CA$15.94 Million | CA$3.38 Million | CA$300.59K | ▼ -22.1 pp |
| 2005 | 41.4% | CA$6.30 Million | CA$15.22 Million | CA$6.64 Million | CA$338.92K | ▲ +17.1 pp |
| 2004 | 24.3% | CA$1.96 Million | CA$8.08 Million | CA$2.01 Million | CA$51.44K | ▼ -34.8 pp |
| 2003 | 59.1% | CA$3.79 Million | CA$6.42 Million | CA$3.95 Million | CA$160.41K | ▲ +28.0 pp |
| 2002 | 31.1% | CA$68.90K | CA$221.84K | CA$106.30K | CA$37.40K | ▼ -48.3 pp |
| 2001 | 79.4% | CA$48.29K | CA$60.85K | CA$57.10K | CA$8.81K | — |