Quick Ratio
Higher than 100% of Basic Materials sector peers
Updated 1520h ago
Sector Performance
100th percentileMAG
43.91x
Sector Median
1.91x
Sector Avg
4.76x
Deep Analysis
MAG (MAG) has a Quick Ratio of 43.91x as of May 2026.
This places MAG in the 100th percentile of the Basic Materials sector, which has a median Quick Ratio of 1.91x and a sector average of 4.76x. MAG's Quick Ratio is 2199.0% above the sector median, a significant divergence that warrants closer examination. In context: A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
Frequently Asked Questions
What does the Quick Ratio tell investors about MAG?
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
How is the Quick Ratio calculated?
Quick Ratio is calculated as: (Cash + Receivables) / Current Liabilities.
How does MAG's Quick Ratio compare to its sector?
MAG's Quick Ratio of 43.91x compares to a Basic Materials sector median of 1.91x, placing it in the 100th percentile.
Who are MAG's closest peers by Quick Ratio?
The closest Basic Materials peers by Quick Ratio include: PAAS (1.91x), CDE (1.89x), AEM (2.03x), AG (2.51x), BHP (1.20x).
The Formula
(Cash + Receivables) / Current Liabilities
Why It Matters
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
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43.91x
Sector Median
1.91x
Sector Avg
4.76x
How MAG's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.