MAGCAUTIOUS

MAG Quick Ratio Analysis

43.91x

Higher than 100% of Basic Materials sector peers

Updated 3748h ago·SEC filings & market data

Key Takeaway

MAG (MAG) has a Quick Ratio of 43.91x as of May 2026.

Sector Performance

100th percentile

MAG

43.91x

Sector Median

1.91x

Sector Avg

5.55x

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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 5.55x. 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), AEM (2.03x), AG (2.51x), BHP (1.20x), ALB (1.11x).

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Learn More About Quick Ratio

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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.