MAG Change In Working Capital from 2010 to 2024

MAG Stock  USD 12.36  0.08  0.65%   
MAG Silver's Change In Working Capital is decreasing over the last several years with slightly volatile swings. Change In Working Capital is estimated to finish at about -823.3 K this year. Change In Working Capital is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. View All Fundamentals
 
Change In Working Capital  
First Reported
2003-03-31
Previous Quarter
1.7 M
Current Value
-1.3 M
Quarterly Volatility
715.2 K
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MAG Silver financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MAG main balance sheet or income statement drivers, such as Depreciation And Amortization of 376.4 K, Other Operating Expenses of 7.9 M or Total Operating Expenses of 7.9 M, as well as many exotic indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.01. MAG financial statements analysis is a perfect complement when working with MAG Silver Valuation or Volatility modules.
  
This module can also supplement MAG Silver's financial leverage analysis and stock options assessment as well as various MAG Silver Technical models . Check out the analysis of MAG Silver Correlation against competitors.

Latest MAG Silver's Change In Working Capital Growth Pattern

Below is the plot of the Change In Working Capital of MAG Silver Corp over the last few years. It is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. MAG Silver's Change In Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MAG Silver's overall financial position and show how it may be relating to other accounts over time.
Change In Working Capital10 Years Trend
Slightly volatile
   Change In Working Capital   
       Timeline  

MAG Change In Working Capital Regression Statistics

Arithmetic Mean(29,648)
Geometric Mean291,961
Coefficient Of Variation(1,808)
Mean Deviation457,659
Median56,483
Standard Deviation535,935
Sample Variance287.2B
Range1.6M
R-Value(0.34)
Mean Square Error274.2B
R-Squared0.11
Significance0.22
Slope(40,355)
Total Sum of Squares4T

MAG Change In Working Capital History

2024-823.3 K
2023-866.6 K
2022409 K
2021364 K
2020-434 K
2019262 K
2018-365 K

About MAG Silver Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include MAG Silver income statement, its balance sheet, and the statement of cash flows. MAG Silver investors use historical funamental indicators, such as MAG Silver's Change In Working Capital, to determine how well the company is positioned to perform in the future. Although MAG Silver investors may use each financial statement separately, they are all related. The changes in MAG Silver's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MAG Silver's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on MAG Silver Financial Statements. Understanding these patterns can help to make the right decision on long term investment in MAG Silver. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change In Working Capital-866.6 K-823.3 K
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MAG Silver in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MAG Silver's short interest history, or implied volatility extrapolated from MAG Silver options trading.

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When determining whether MAG Silver Corp is a strong investment it is important to analyze MAG Silver's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MAG Silver's future performance. For an informed investment choice regarding MAG Stock, refer to the following important reports:
Check out the analysis of MAG Silver Correlation against competitors.
Note that the MAG Silver Corp information on this page should be used as a complementary analysis to other MAG Silver's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for MAG Stock analysis

When running MAG Silver's price analysis, check to measure MAG Silver's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MAG Silver is operating at the current time. Most of MAG Silver's value examination focuses on studying past and present price action to predict the probability of MAG Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAG Silver's price. Additionally, you may evaluate how the addition of MAG Silver to your portfolios can decrease your overall portfolio volatility.
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Is MAG Silver's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MAG Silver. If investors know MAG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MAG Silver listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.076
Earnings Share
0.47
Return On Assets
(0.02)
Return On Equity
0.1071
The market value of MAG Silver Corp is measured differently than its book value, which is the value of MAG that is recorded on the company's balance sheet. Investors also form their own opinion of MAG Silver's value that differs from its market value or its book value, called intrinsic value, which is MAG Silver's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MAG Silver's market value can be influenced by many factors that don't directly affect MAG Silver's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MAG Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if MAG Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MAG Silver's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.