MAG Gross Profit from 2010 to 2024

MAG Stock  USD 12.28  0.08  0.65%   
MAG Silver's Gross Profit is decreasing over the last several years with slightly volatile swings. Gross Profit is estimated to finish at about -340.5 K this year. Gross Profit is the profit MAG Silver Corp makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2003-03-31
Previous Quarter
-131.3 K
Current Value
-155.2 K
Quarterly Volatility
25.4 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, Interest Expense of 23.8 M or Other 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 Gross Profit Growth Pattern

Below is the plot of the Gross Profit of MAG Silver Corp over the last few years. Gross profit is a required income statement account that reflects total revenue of MAG Silver Corp minus its cost of goods sold. It is profit before MAG Silver operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. MAG Silver's Gross Profit 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.
ViewLast Reported 010 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

MAG Gross Profit Regression Statistics

Arithmetic Mean(92,805)
Geometric Mean0.00
Coefficient Of Variation(124.00)
Mean Deviation86,102
Median(35,751)
Standard Deviation115,080
Sample Variance13.2B
Range358.5K
R-Value(0.81)
Mean Square Error4.9B
R-Squared0.66
Significance0.0003
Slope(20,843)
Total Sum of Squares185.4B

MAG Gross Profit History

2024-340.5 K
2023-358.5 K
2022-130.6 K
2021-146 K
2020-121 K
2019-106 K
2018-15 K

Other Fundumenentals of MAG Silver Corp

MAG Silver Gross Profit component correlations

1.0-0.22-0.50.850.130.960.840.580.980.97-0.17-0.490.87-0.830.91-0.91
1.0-0.22-0.510.840.140.960.840.580.980.97-0.17-0.490.87-0.830.91-0.91
-0.22-0.220.68-0.06-0.94-0.390.00.17-0.28-0.020.5-0.320.11-0.070.1-0.14
-0.5-0.510.68-0.14-0.7-0.73-0.21-0.18-0.59-0.40.550.19-0.220.5-0.280.21
0.850.84-0.06-0.14-0.060.710.780.480.790.820.07-0.430.76-0.570.78-0.81
0.130.14-0.94-0.7-0.060.33-0.09-0.160.2-0.07-0.560.33-0.160.14-0.160.2
0.960.96-0.39-0.730.710.330.740.510.970.9-0.33-0.460.76-0.830.82-0.8
0.840.840.0-0.210.78-0.090.740.490.770.820.15-0.480.77-0.680.79-0.87
0.580.580.17-0.180.48-0.160.510.490.540.590.19-0.240.69-0.480.7-0.59
0.980.98-0.28-0.590.790.20.970.770.540.95-0.26-0.480.84-0.840.89-0.88
0.970.97-0.02-0.40.82-0.070.90.820.590.95-0.17-0.590.91-0.910.96-0.96
-0.17-0.170.50.550.07-0.56-0.330.150.19-0.26-0.170.02-0.020.22-0.060.02
-0.49-0.49-0.320.19-0.430.33-0.46-0.48-0.24-0.48-0.590.02-0.520.76-0.520.54
0.870.870.11-0.220.76-0.160.760.770.690.840.91-0.02-0.52-0.790.98-0.94
-0.83-0.83-0.070.5-0.570.14-0.83-0.68-0.48-0.84-0.910.220.76-0.79-0.850.83
0.910.910.1-0.280.78-0.160.820.790.70.890.96-0.06-0.520.98-0.85-0.97
-0.91-0.91-0.140.21-0.810.2-0.8-0.87-0.59-0.88-0.960.020.54-0.940.83-0.97
Click cells to compare fundamentals

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 Gross Profit, 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
Gross Profit-358.5 K-340.5 K
Gross Profit Margin 0.00  0.00 
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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Equity Valuation
Check real value of public entities based on technical and fundamental data
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
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.