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 MAG Silver Corp (MAG) financial flexibility to measure the company's free cash flow as a share of total liabilities.
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. See MAG Silver Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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 stock market capitalisation.
| 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 | — |