MAG Historical Income Statement
MAG Stock | USD 11.84 0.56 4.52% |
Historical analysis of MAG Silver income statement accounts such as Total Operating Expenses of 7.9 M can show how well MAG Silver Corp performed in making a profits. Evaluating MAG Silver income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MAG Silver's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining MAG Silver Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MAG Silver Corp is a good buy for the upcoming year.
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About MAG Income Statement Analysis
MAG Silver Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to MAG Silver shareholders. The income statement also shows MAG investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
MAG Silver Income Statement Chart
MAG Silver Corp Income Statement is one of the three primary financial statements used for reporting MAG's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of MAG Silver Corp revenue and expense. MAG Silver Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, MAG Silver's Net Income is most likely to increase significantly in the upcoming years. The MAG Silver's current Income Tax Expense is estimated to increase to about 6 M, while Operating Income is forecasted to increase to (13.9 M). Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of MAG Silver Corp. It is also known as MAG Silver overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from MAG Silver's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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. At this time, MAG Silver's Net Income is most likely to increase significantly in the upcoming years. The MAG Silver's current Income Tax Expense is estimated to increase to about 6 M, while Operating Income is forecasted to increase to (13.9 M).
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 146K | 136K | 235K | 122.4K | Net Interest Income | 174K | 630K | 2.2M | 1.2M |
MAG Silver income statement Correlations
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MAG Silver Account Relationship Matchups
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MAG Silver income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 106K | 121K | 146K | (19.3M) | 358.5K | 376.4K | |
Interest Expense | 68.6K | 67.4K | 57.5K | 19.7M | 22.7M | 23.8M | |
Other Operating Expenses | 9.0M | 9.1M | 11.5M | 12.5M | 14.6M | 7.9M | |
Operating Income | (8.9M) | (9.3M) | (11.5M) | 17.8M | (14.6M) | (13.9M) | |
Ebit | (8.9M) | (9.3M) | (11.5M) | 17.8M | (14.6M) | (13.9M) | |
Ebitda | (8.8M) | (9.1M) | (11.4M) | (1.6M) | (14.2M) | (13.5M) | |
Total Operating Expenses | 8.9M | 9.0M | 11.3M | 12.5M | 14.2M | 7.9M | |
Net Income | (4.4M) | (7.1M) | 6.0M | 17.6M | 49.6M | 52.0M | |
Income Tax Expense | (131K) | 1.0M | (1.6M) | 371K | 5.7M | 6.0M | |
Income Before Tax | (4.6M) | (6.1M) | 4.5M | 18.0M | (11.1M) | (11.6M) | |
Total Other Income Expense Net | 4.4M | 3.2M | 16.0M | 264K | 3.5M | 3.7M | |
Selling General Administrative | 8.3M | 8.9M | 11.2M | 12.2M | 14.2M | 9.2M | |
Gross Profit | (106K) | (121K) | (146K) | (130.6K) | (358.5K) | (340.5K) | |
Net Income From Continuing Ops | (4.4M) | (7.1M) | 6.0M | 17.6M | 32.1M | 33.7M | |
Cost Of Revenue | 106K | 121K | 146K | 130.6K | 358.5K | 397.9K | |
Net Income Applicable To Common Shares | (4.4M) | (7.1M) | 6.0M | 17.6M | 15.9M | 16.7M | |
Tax Provision | (131K) | 1.0M | (1.6M) | 371K | 2.3M | 2.4M | |
Interest Income | 4.4M | 637K | 15.9M | 41.0M | 2.2M | 2.1M | |
Net Interest Income | 2.6M | 637K | 174K | 630K | 2.2M | 1.2M | |
Reconciled Depreciation | 106K | 121K | 146K | 136K | 235K | 122.4K |
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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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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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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.