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MAG Silver (TSX:MAG) Scaled Net Operating Assets : 0.81 (As of Sep. 2024)


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What is MAG Silver Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

MAG Silver's operating assets for the quarter that ended in Sep. 2024 was C$642.23 Mil. MAG Silver's operating liabilities for the quarter that ended in Sep. 2024 was C$21.86 Mil. MAG Silver's Total Assets for the quarter that ended in Jun. 2024 was C$770.23 Mil. Therefore, MAG Silver's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.81.


MAG Silver Scaled Net Operating Assets Historical Data

The historical data trend for MAG Silver's Scaled Net Operating Assets 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.

* Premium members only.

MAG Silver Scaled Net Operating Assets Chart

MAG Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.99 0.96 1.06 1.06

MAG Silver Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 0.87 0.87 0.85 0.81

Competitive Comparison of MAG Silver's Scaled Net Operating Assets

For the Silver subindustry, MAG Silver's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MAG Silver's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MAG Silver's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where MAG Silver's Scaled Net Operating Assets falls into.



MAG Silver Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

MAG Silver's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(606.166-18.271)/554.036
=1.06

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=698.343 - 92.177
=606.166

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18.478 - 0 - 0.207
=18.271

MAG Silver's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(642.233-21.857)/770.226
=0.81

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=795.968 - 153.735
=642.233

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=21.911 - 0 - 0.054
=21.857

* 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.


MAG Silver Scaled Net Operating Assets Related Terms

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MAG Silver Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 770, Vancouver, BC, CAN, V6C 2V6
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
Thomas Peregoodoff Director
Michael John Curlook Senior Officer
Peter Megaw Senior Officer
George Nickolas Paspalas Director, 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