MAG Silver Balance Sheet Health
Financial Health criteria checks 6/6
MAG Silver has a total shareholder equity of $571.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $587.6M and $16.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$113.49m |
| Equity | US$571.43m |
| Total liabilities | US$16.18m |
| Total assets | US$587.60m |
Financial Position Analysis
Short Term Liabilities: MAG's short term assets ($117.3M) exceed its short term liabilities ($3.6M).
Long Term Liabilities: MAG's short term assets ($117.3M) exceed its long term liabilities ($12.6M).
Debt to Equity History and Analysis
Debt Level: MAG is debt free.
Reducing Debt: MAG has not had any debt for past 5 years.
Debt Coverage: MAG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MAG has no debt, therefore coverage of interest payments is not a concern.