MAG Net Income From Continuing Ops vs Ebit Analysis
MAG Stock | USD 12.36 0.08 0.65% |
MAG Silver financial indicator trend analysis is infinitely more than just investigating MAG Silver Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MAG Silver Corp is a good investment. Please check the relationship between MAG Silver Net Income From Continuing Ops and its Ebit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAG Silver Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Net Income From Continuing Ops vs Ebit
Net Income From Continuing Ops vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MAG Silver Corp Net Income From Continuing Ops account and Ebit. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between MAG Silver's Net Income From Continuing Ops and Ebit is -0.61. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Ebit in the same time period over historical financial statements of MAG Silver Corp, assuming nothing else is changed. The correlation between historical values of MAG Silver's Net Income From Continuing Ops and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of MAG Silver Corp are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Income From Continuing Ops i.e., MAG Silver's Net Income From Continuing Ops and Ebit go up and down completely randomly.
Correlation Coefficient | -0.61 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Income From Continuing Ops
Ebit
Most indicators from MAG Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MAG Silver Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAG Silver Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. The MAG Silver's current Tax Provision is estimated to increase to about 2.4 M, while Selling General Administrative is projected to decrease to roughly 12.9 K.
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 146K | 136K | 235K | 122.4K | Net Interest Income | 174K | 630K | 2.2M | 1.2M |
MAG Silver fundamental ratios Correlations
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MAG Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MAG Silver fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 218.8M | 323.1M | 372.4M | 407.8M | 521.1M | 547.1M | |
Total Current Liabilities | 854K | 901K | 1.6M | 2.7M | 4.8M | 5.0M | |
Total Stockholder Equity | 215.2M | 316.7M | 367.5M | 401.7M | 504.2M | 529.4M | |
Net Debt | (71.8M) | (93.5M) | (56.4M) | (29.7M) | (68.2M) | (71.6M) | |
Retained Earnings | (201.5M) | (207.5M) | (196.4M) | (177.8M) | (128.5M) | (134.9M) | |
Cash | 72.4M | 94.0M | 56.7M | 30.0M | 68.4M | 54.2M | |
Non Current Assets Total | 146.1M | 227.7M | 313.0M | 375.9M | 449.4M | 471.9M | |
Non Currrent Assets Other | 7.3M | 12.5M | 20.2M | 37.2M | 53.3M | 55.9M | |
Cash And Short Term Investments | 72.4M | 94.0M | 56.7M | 30.0M | 68.4M | 57.0M | |
Common Stock Shares Outstanding | 86.1M | 91.1M | 95.5M | 98.6M | 102.6M | 63.6M | |
Liabilities And Stockholders Equity | 218.8M | 323.1M | 372.4M | 407.8M | 521.1M | 547.1M | |
Total Liab | 3.6M | 6.4M | 4.9M | 6.1M | 16.9M | 17.8M | |
Total Current Assets | 72.7M | 95.4M | 59.4M | 31.9M | 71.7M | 58.1M | |
Common Stock | 400.0M | 496.6M | 543.9M | 559.9M | 611.2M | 641.8M | |
Property Plant And Equipment Net | 8.0M | 13.1M | 20.7M | 37.6M | 299.5K | 284.5K | |
Accounts Payable | 780K | 808K | 1.5M | 2.5M | 2.7M | 2.8M | |
Net Receivables | 83K | 897K | 2.1M | 708K | 1.6M | 894.4K | |
Non Current Liabilities Total | 2.7M | 5.5M | 3.2M | 3.5M | 12.2M | 12.8M | |
Other Current Assets | 269K | 509K | 525.3K | 1.2M | 1.8M | 1.9M | |
Other Stockholder Equity | 16.8M | 28.3M | 1.8M | 784K | 705.6K | 670.3K | |
Property Plant And Equipment Gross | 8.0M | 13.1M | 21.7M | 38.8M | 52.9M | 55.6M | |
Accumulated Other Comprehensive Income | 16.8M | 27.5M | 20.0M | 19.6M | 21.4M | 22.5M | |
Common Stock Total Equity | 392.6M | 392.9M | 400.0M | 496.6M | 571.1M | 599.6M | |
Other Current Liab | 74K | 808K | 1.5M | 2.5M | 4.6M | 4.8M | |
Other Liab | 2.2M | 5.1M | 3.0M | 3.3M | 3.8M | 2.0M | |
Net Tangible Assets | 215.2M | 316.7M | 367.5M | 401.7M | 462.0M | 485.0M | |
Long Term Investments | 138.1M | 214.5M | 292.3M | 338.3M | 394.6M | 414.4M | |
Short Term Debt | 74K | 93K | 110K | 121K | 153.2K | 160.9K | |
Property Plant Equipment | 8.0M | 13.1M | 20.7M | 37.6M | 33.8M | 24.0M | |
Long Term Debt Total | 467K | 383K | 275K | 140K | 161K | 173.9K | |
Capital Lease Obligations | 541K | 476K | 385K | 261K | 154K | 222.1K | |
Cash And Equivalents | 0.0 | 94.0M | 56.7M | 30.0M | 27.0M | 53.6M | |
Net Invested Capital | 215.2M | 316.7M | 367.5M | 401.7M | 506.8M | 352.3M | |
Net Working Capital | 71.9M | 94.5M | 57.8M | 29.2M | 67.3M | 69.7M | |
Capital Stock | 400.0M | 496.6M | 543.9M | 559.9M | 614.4M | 551.4M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAG Silver Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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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.