Magontec Ltd (MGL) - Total Assets
Based on the latest financial reports, Magontec Ltd (MGL) holds total assets worth AU$73.14 Million AUD (≈ $51.75 Million USD) 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. See Magontec Ltd (MGL) net assets for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see MGL stock market capitalisation.
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 |
|---|---|---|
|
Baiyin Nonferrous Group Co Ltd
SHG:601212
|
China | CN¥53.18 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
Almonty Industries Inc
TO:AII
|
Canada | CA$433.14 Million |
|
Zhuzhou Smelter Group Co Ltd
SHG:600961
|
China | CN¥8.95 Billion |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
|
Shandong Humon Smelting Co Ltd
SHE:002237
|
China | CN¥36.97 Billion |
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 | 0.12 |
| Asset Growth Rate (YoY) | -17.1% |
| Total Assets | AU$70.59 Million |
| Market Capitalization | $8.67 Million USD |
Valuation Analysis
Below Book Valuation: The market values Magontec Ltd's assets below their book value (0.12x), 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 ≈ $49.95 Million |
-17.12% |
| 2023-12-31 | AU$85.17 Million ≈ $60.26 Million |
-11.58% |
| 2022-12-31 | AU$96.32 Million ≈ $68.15 Million |
+16.74% |
| 2021-12-31 | AU$82.51 Million ≈ $58.38 Million |
+9.97% |
| 2020-12-31 | AU$75.03 Million ≈ $53.09 Million |
-10.46% |
| 2019-12-31 | AU$83.79 Million ≈ $59.29 Million |
-6.86% |
| 2018-12-31 | AU$89.96 Million ≈ $63.65 Million |
+9.61% |
| 2017-12-31 | AU$82.07 Million ≈ $58.07 Million |
+9.32% |
| 2016-12-31 | AU$75.08 Million ≈ $53.12 Million |
-9.03% |
| 2015-12-31 | AU$82.53 Million ≈ $58.39 Million |
-4.56% |
| 2014-12-31 | AU$86.47 Million ≈ $61.18 Million |
+4.46% |
| 2013-12-31 | AU$82.78 Million ≈ $58.57 Million |
+1.34% |
| 2012-12-31 | AU$81.69 Million ≈ $57.80 Million |
+11.50% |
| 2011-12-31 | AU$73.26 Million ≈ $51.84 Million |
+293.92% |
| 2010-12-31 | AU$18.60 Million ≈ $13.16 Million |
+83.30% |
| 2009-12-31 | AU$10.15 Million ≈ $7.18 Million |
+662.97% |
| 2008-12-31 | AU$1.33 Million ≈ $940.88K |
-60.13% |
| 2007-12-31 | AU$3.34 Million ≈ $2.36 Million |
-54.42% |
| 2006-12-31 | AU$7.32 Million ≈ $5.18 Million |
-46.89% |
| 2005-12-31 | AU$13.78 Million ≈ $9.75 Million |
+50.83% |
| 2004-12-31 | AU$9.14 Million ≈ $6.46 Million |
-92.38% |
| 2003-12-31 | AU$119.89 Million ≈ $84.83 Million |
-46.39% |
| 2002-12-31 | AU$223.64 Million ≈ $158.24 Million |
-68.66% |
| 2001-12-31 | AU$713.71 Million ≈ $504.99 Million |
+81.10% |
| 2000-12-31 | AU$394.09 Million ≈ $278.85 Million |
+107.79% |
| 1999-12-31 | AU$189.66 Million ≈ $134.19 Million |
+15.00% |
| 1998-12-31 | AU$164.91 Million ≈ $116.69 Million |
-1.23% |
| 1997-12-31 | AU$166.97 Million ≈ $118.14 Million |
+0.43% |
| 1996-12-31 | AU$166.26 Million ≈ $117.64 Million |
+16.20% |
| 1995-12-31 | AU$143.09 Million ≈ $101.24 Million |
+8.68% |
| 1994-12-31 | AU$131.66 Million ≈ $93.16 Million |
+7.80% |
| 1993-12-31 | AU$122.13 Million ≈ $86.42 Million |
+27.02% |
| 1992-12-31 | AU$96.15 Million ≈ $68.03 Million |
-0.57% |
| 1991-12-31 | AU$96.70 Million ≈ $68.42 Million |
+55.15% |
| 1990-12-31 | AU$62.33 Million ≈ $44.10 Million |
+137.19% |
| 1989-12-31 | AU$26.28 Million ≈ $18.59 Million |
+77.92% |
| 1988-12-31 | AU$14.77 Million ≈ $10.45 Million |
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About 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