MAG Capex To Depreciation vs Roic Analysis
MAG Stock | CAD 18.29 0.73 3.84% |
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 Capex To Depreciation and its Roic 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 board of governors.
Capex To Depreciation vs Roic
Capex To Depreciation vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MAG Silver Corp Capex To Depreciation account and Roic. At this time, the significance of the direction appears to have very week relationship.
The correlation between MAG Silver's Capex To Depreciation and Roic is 0.24. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Roic 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 Capex To Depreciation and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of MAG Silver Corp are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Capex To Depreciation i.e., MAG Silver's Capex To Depreciation and Roic go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.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 board of governors. At this time, MAG Silver's Tax Provision is very stable compared to the past year. As of the 23rd of May 2024, Enterprise Value is likely to grow to about 1.1 B, while Selling General Administrative is likely to drop about 7.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 174K | 630K | 2.5M | 1.3M | Interest Income | 15.9M | 41.0M | 2.6M | 2.5M |
MAG Silver fundamental ratios Correlations
Click cells to compare fundamentals
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 | 520.5M | 546.6M | |
Total Current Liabilities | 854K | 901K | 1.6M | 2.7M | 4.8M | 5.0M | |
Total Stockholder Equity | 215.2M | 316.7M | 367.5M | 401.7M | 506.8M | 532.1M | |
Net Debt | (71.8M) | (93.5M) | (56.4M) | (29.7M) | (26.7M) | (28.1M) | |
Retained Earnings | (201.5M) | (207.5M) | (196.4M) | (177.8M) | (129.2M) | (135.6M) | |
Cash | 72.4M | 94.0M | 56.7M | 30.0M | 68.7M | 54.2M | |
Non Current Assets Total | 146.1M | 227.7M | 313.0M | 375.9M | 448.5M | 470.9M | |
Cash And Short Term Investments | 72.4M | 94.0M | 56.7M | 30.0M | 34.4M | 56.1M | |
Common Stock Total Equity | 392.6M | 392.9M | 400.0M | 496.6M | 571.1M | 599.6M | |
Common Stock Shares Outstanding | 86.1M | 91.1M | 95.5M | 98.6M | 103.0M | 63.6M | |
Liabilities And Stockholders Equity | 218.8M | 323.1M | 372.4M | 407.8M | 469.0M | 492.5M | |
Total Liab | 3.6M | 6.4M | 4.9M | 6.1M | 13.8M | 14.5M | |
Total Current Assets | 72.7M | 95.4M | 59.4M | 31.9M | 72.1M | 58.2M | |
Common Stock | 400.0M | 496.6M | 543.9M | 559.9M | 643.9M | 323.3M | |
Property Plant And Equipment Net | 8.0M | 13.1M | 20.7M | 37.6M | 52.9M | 55.6M | |
Accounts Payable | 780K | 808K | 1.5M | 2.5M | 2.7M | 2.8M | |
Net Receivables | 83K | 897K | 2.1M | 708K | 814.2K | 855.7K | |
Other Stockholder Equity | 16.8M | 27.5M | 20.0M | 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 | 22.5M | 23.6M | |
Short Term Debt | 74K | 93K | 110K | 121K | 139.2K | 132.2K | |
Non Current Liabilities Total | 2.7M | 5.5M | 3.2M | 3.5M | 9.0M | 9.4M | |
Other Liab | 2.2M | 5.1M | 3.0M | 3.3M | 3.0M | 2.5M | |
Net Tangible Assets | 215.2M | 316.7M | 367.5M | 401.7M | 462.0M | 256.5M | |
Long Term Investments | 138.1M | 214.5M | 292.3M | 338.3M | 394.6M | 414.4M | |
Property Plant Equipment | 8.0M | 13.1M | 20.7M | 37.6M | 33.8M | 19.9M | |
Long Term Debt Total | 467K | 383K | 275K | 140K | 161K | 198.8K | |
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 |
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 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 board of governors. 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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.
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Stocks Directory Find actively traded stocks across global markets | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |