Magnetite Mines Ltd

AU:MGT Australia Other Industrial Metals & Mining
Market Cap
$4.61 Million
AU$7.45 Million AUD
Market Cap Rank
#32532 Global
#1074 in Australia
Share Price
AU$0.04
Change (1 day)
-2.56%
52-Week Range
AU$0.04 - AU$0.14
All Time High
AU$4.21
About

Magnetite Mines Limited engages in the exploration of mineral properties in South Australia. The company's flagship project is the Razorback Iron Ore project that includes the Razorback and Iron Peak deposits located in Adelaide, South Australia. The company was formerly known as Royal Resources Limited and changed its name to Magnetite Mines Limited in December 2015. Magnetite Mines Limited was … Read more

Magnetite Mines Ltd (MGT) - Total Liabilities

Latest total liabilities as of June 2025: AU$4.31 Million AUD

Based on the latest financial reports, Magnetite Mines Ltd (MGT) has total liabilities worth AU$4.31 Million AUD as of June 2025.

Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.

Magnetite Mines Ltd - Total Liabilities Trend (2006–2025)

This chart illustrates how Magnetite Mines Ltd's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.

Magnetite Mines Ltd Competitors by Total Liabilities

The table below lists competitors of Magnetite Mines Ltd ranked by their total liabilities.

Company Country Total Liabilities
Kakatiya Cement Sugar & Industries Limited
NSE:KAKATCEM
India ₹375.01 Million
Great Atlantic Resources Corp
V:GR
Canada CA$6.14 Million
Complii Fintech Solutions Ltd
AU:CF1
Australia AU$2.49 Million
Society Pass Inc
NASDAQ:SOPA
USA $19.60 Million
Sodas Sodyum Sanayi AS
IS:SODSN
Turkey TL9.87 Million
TruCap Finance Limited
NSE:TRU
India ₹3.42 Billion
1ZX0
F:1ZX0
Germany €884.56K

Liability Composition Analysis (2006–2025)

This chart breaks down Magnetite Mines Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric Value Description
Current Ratio 0.40 Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio N/A More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio N/A Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity 0.12 Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets 0.10 Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Magnetite Mines Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Magnetite Mines Ltd (2006–2025)

The table below shows the annual total liabilities of Magnetite Mines Ltd from 2006 to 2025.

Year Total Liabilities Change
2025-06-30 AU$4.31 Million +211.98%
2024-06-30 AU$1.38 Million -62.24%
2023-06-30 AU$3.66 Million -43.18%
2022-06-30 AU$6.44 Million +129.31%
2021-06-30 AU$2.81 Million +22.95%
2020-06-30 AU$2.29 Million -17.30%
2019-06-30 AU$2.76 Million -12.00%
2018-06-30 AU$3.14 Million -7.47%
2017-06-30 AU$3.39 Million +12.70%
2016-06-30 AU$3.01 Million +2387.15%
2015-06-30 AU$121.07K -88.05%
2014-06-30 AU$1.01 Million +64.16%
2013-06-30 AU$617.23K -66.02%
2012-06-30 AU$1.82 Million +66.37%
2011-06-30 AU$1.09 Million +14.69%
2010-06-30 AU$951.90K +585.15%
2009-06-30 AU$138.93K -58.80%
2008-06-30 AU$337.19K +429.71%
2007-06-30 AU$63.66K +19.14%
2006-06-30 AU$53.43K --