MAG Silver (TSX:MAG) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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What is MAG Silver LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. MAG Silver's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.00.

MAG Silver's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.00). It may suggest that MAG Silver is progressively becoming more dependent on debt to grow their business.

MAG Silver LT-Debt-to-Total-Asset Historical Data

The historical data trend for MAG Silver's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MAG Silver LT-Debt-to-Total-Asset Chart

MAG Silver Annual Data

Trend

Dec15

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Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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MAG Silver Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

MAG Silver LT-Debt-to-Total-Asset Calculation

MAG Silver's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	2.992	/	870.594
	=

MAG Silver's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	2.992	/	870.594
	=

MAG Silver (TSX:MAG) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

MAG Silver LT-Debt-to-Total-Asset Related Terms

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MAG Silver Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MAG Silver Corp (TSX:MAG) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

MAG:USA 0V56:UK MQ8:Germany

Address

800 West Pender Street, Suite 770, Vancouver, BC, CAN, V6C 2V6

Website

https://www.magsilver.com

MAG Silver Corp is a Canadian mining company. It is focused on advancing high-grade, district-scale precious metals projects in the Americas. The Company's principal asset is in the Juanicipio Mine located in Zacatecas, Mexico, which achieved commercial production of around 4,000 tonnes per day. The company has also Interest in the Larder project. Also, MAG has an expanded exploration program targeting multiple prospective targets at both Juanicipio and the Deer Trail 100% earn-in project in Utah. The Juanicipio Mine recognizes revenue for silver, gold, lead, and zinc from concentrate sales.

Executives

George Nickolas Paspalas	Director, Senior Officer
Thomas Peregoodoff	Director
Michael John Curlook	Senior Officer
Peter Megaw	Senior Officer
Daniel Thomas Macinnis	Director
Larry Taddei	Senior Officer
Dale Canfield Peniuk	Director
William James Mallory	Senior Officer
Selma Lussenburg	Director
The K2 Principal Fund L.p.	10% Security Holder
Ingrid Jo-ann Hibbard	Director
Richard Peter Clark	Director
Noëlle Drapeau	Director, Senior Officer
Darren Hartley Bondar	Director, Senior Officer
Zula Kropivnitski	Director