Magontec Ltd
Magontec Limited, together with its subsidiaries, researches, develops, manufactures, and sells generic and specialist magnesium alloys in Australia, Europe, China, North America, and internationally. The company manufactures and distributes magnesium and titanium cathodic corrosion protection (CCP) products, such as HyTonic anodes, Correx impressed current systems, CorroScout measuring systems, … Read more
Magontec Ltd (MGL) - Total Assets
Latest total assets as of June 2025: AU$73.14 Million AUD
Based on the latest financial reports, Magontec Ltd (MGL) holds total assets worth AU$73.14 Million AUD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Magontec Ltd - Total Assets Trend (1988–2024)
This chart illustrates how Magontec Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Magontec Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Magontec Ltd's total assets of AU$73.14 Million consist of 73.0% current assets and 27.1% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$7.75 Million | 11.0% |
| Accounts Receivable | AU$12.63 Million | 17.9% |
| Inventory | AU$29.27 Million | 41.5% |
| Property, Plant & Equipment | AU$14.19 Million | 20.1% |
| Intangible Assets | AU$3.02 Million | 4.3% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (1988–2024)
This chart illustrates how Magontec Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Magontec Ltd's current assets represent 73.0% of total assets in 2024, an increase from 5.5% in 1988.
- Cash Position: Cash and equivalents constituted 11.0% of total assets in 2024, up from 1.7% in 1988.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 20.0% in 1988.
- Asset Diversification: The largest asset category is inventory at 41.5% of total assets.
Magontec Ltd Competitors by Total Assets
Key competitors of Magontec Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Magontec Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Magontec Ltd generates 0.81x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Magontec Ltd is currently not profitable relative to its asset base.
Magontec Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 5.59 | 3.95 | 1.64 |
| Quick Ratio | 2.52 | 1.80 | 0.72 |
| Cash Ratio | 0.66 | 0.74 | 0.08 |
| Working Capital | AU$44.19 Million | AU$ 43.10 Million | AU$ 18.52 Million |
Magontec Ltd - Advanced Valuation Insights
This section examines the relationship between Magontec Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.24 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -17.1% |
| Total Assets | AU$70.59 Million |
| Market Capitalization | $1.99 Million USD |
Valuation Analysis
Below Book Valuation: The market values Magontec Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Magontec Ltd's assets decreased by 17.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Magontec Ltd (1988–2024)
The table below shows the annual total assets of Magontec Ltd from 1988 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$70.59 Million | -17.12% |
| 2023-12-31 | AU$85.17 Million | -11.58% |
| 2022-12-31 | AU$96.32 Million | +16.74% |
| 2021-12-31 | AU$82.51 Million | +9.97% |
| 2020-12-31 | AU$75.03 Million | -10.46% |
| 2019-12-31 | AU$83.79 Million | -6.86% |
| 2018-12-31 | AU$89.96 Million | +9.61% |
| 2017-12-31 | AU$82.07 Million | +9.32% |
| 2016-12-31 | AU$75.08 Million | -9.03% |
| 2015-12-31 | AU$82.53 Million | -4.56% |
| 2014-12-31 | AU$86.47 Million | +4.46% |
| 2013-12-31 | AU$82.78 Million | +1.34% |
| 2012-12-31 | AU$81.69 Million | +11.50% |
| 2011-12-31 | AU$73.26 Million | +293.92% |
| 2010-12-31 | AU$18.60 Million | +83.30% |
| 2009-12-31 | AU$10.15 Million | +662.97% |
| 2008-12-31 | AU$1.33 Million | -60.13% |
| 2007-12-31 | AU$3.34 Million | -54.42% |
| 2006-12-31 | AU$7.32 Million | -46.89% |
| 2005-12-31 | AU$13.78 Million | +50.83% |
| 2004-12-31 | AU$9.14 Million | -92.38% |
| 2003-12-31 | AU$119.89 Million | -46.39% |
| 2002-12-31 | AU$223.64 Million | -68.66% |
| 2001-12-31 | AU$713.71 Million | +81.10% |
| 2000-12-31 | AU$394.09 Million | +107.79% |
| 1999-12-31 | AU$189.66 Million | +15.00% |
| 1998-12-31 | AU$164.91 Million | -1.23% |
| 1997-12-31 | AU$166.97 Million | +0.43% |
| 1996-12-31 | AU$166.26 Million | +16.20% |
| 1995-12-31 | AU$143.09 Million | +8.68% |
| 1994-12-31 | AU$131.66 Million | +7.80% |
| 1993-12-31 | AU$122.13 Million | +27.02% |
| 1992-12-31 | AU$96.15 Million | -0.57% |
| 1991-12-31 | AU$96.70 Million | +55.15% |
| 1990-12-31 | AU$62.33 Million | +137.19% |
| 1989-12-31 | AU$26.28 Million | +77.92% |
| 1988-12-31 | AU$14.77 Million | -- |