Magnetite Mines Ltd Total Liabilities

Latest as of June 2025: AU$4.31 Million AUD ≈ $3.05 Million USD

Magnetite Mines Ltd total liabilities. Based on the latest financial reports, Magnetite Mines Ltd (MGT) has total liabilities worth AU$4.31 Million AUD (≈ $3.05 Million USD) 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. Check MGT cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Total Liabilities of Magnetite Mines Ltd (2006–2025)

Total liabilities of Magnetite Mines Ltd from 2006 to 2025. This chart illustrates how Magnetite Mines Ltd's total liabilities have evolved over time, based on quarterly financial data. Explore long-term investment intensity of Magnetite Mines Ltd to see how much of total assets are deployed in long-term investments.

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
Maven Income and Growth VCT 4 PLC
LSE:MAV4
UK GBX398.00K
Bone Biologics Corp
NASDAQ:BBLG
USA $512.02K
EJF Investments Ltd
LSE:EJFI
UK GBX20.85 Million
N.W.F Group
LSE:NWF
UK GBX191.50 Million
The Real Good Food Company, Inc.
NYSE:RGFC
USA $195.43 Million
Grosvenor Resource Corp
V:GVR
Canada CA$23.93K
Lapidoth-Heletz Limited Partnership
TA:LPHL-L
Israel ILA5.57 Million
International Frontier Resources Corporation
V:IFR
Canada CA$2.68 Million

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. For the complete balance sheet picture, see Magnetite Mines Ltd assets under control.

Liquidity & Leverage Metrics

Magnetite Mines Ltd Total Liabilities Ratios Explained

Magnetite Mines Ltd total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.

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
≈ $3.05 Million
+211.98%
2024-06-30 AU$1.38 Million
≈ $978.04K
-62.24%
2023-06-30 AU$3.66 Million
≈ $2.59 Million
-43.18%
2022-06-30 AU$6.44 Million
≈ $4.56 Million
+129.31%
2021-06-30 AU$2.81 Million
≈ $1.99 Million
+22.95%
2020-06-30 AU$2.29 Million
≈ $1.62 Million
-17.30%
2019-06-30 AU$2.76 Million
≈ $1.96 Million
-12.00%
2018-06-30 AU$3.14 Million
≈ $2.22 Million
-7.47%
2017-06-30 AU$3.39 Million
≈ $2.40 Million
+12.70%
2016-06-30 AU$3.01 Million
≈ $2.13 Million
+2387.15%
2015-06-30 AU$121.07K
≈ $85.67K
-88.05%
2014-06-30 AU$1.01 Million
≈ $716.94K
+64.16%
2013-06-30 AU$617.23K
≈ $436.73K
-66.02%
2012-06-30 AU$1.82 Million
≈ $1.29 Million
+66.37%
2011-06-30 AU$1.09 Million
≈ $772.50K
+14.69%
2010-06-30 AU$951.90K
≈ $673.53K
+585.15%
2009-06-30 AU$138.93K
≈ $98.30K
-58.80%
2008-06-30 AU$337.19K
≈ $238.58K
+429.71%
2007-06-30 AU$63.66K
≈ $45.04K
+19.14%
2006-06-30 AU$53.43K
≈ $37.80K
--

About Magnetite Mines Ltd

AU:MGT Australia Other Industrial Metals & Mining
Market Cap
$970.95K
AU$1.37 Million AUD
Market Cap Rank
#30707 Global
#1795 in Australia
Share Price
AU$0.01
Change (1 day)
-22.22%
52-Week Range
AU$0.01 - AU$0.06
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