Magnetite Mines Ltd (MGT) - Total Liabilities

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

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. Explore how much of Magnetite Mines Ltd's assets are long-term investments to see how much of total assets are deployed in long-term investments.

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. For the complete balance sheet picture, see MGT total asset value.

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
Photocat AS ST:PCAT	Sweden	Skr11.83 Million
Inventronics Ltd V:IVX	Canada	CA$3.11 Million
Kestrel Gold Inc V:KGC	Canada	CA$35.81K
Laxmi Cotspin Limited NSE:LAXMICOT	India	Rs531.88 Million
Recon Technology Ltd NASDAQ:RCON	USA	$91.93 Million
Mulberry Group PLC LSE:MUL	UK	GBX103.59 Million
Silver Castle Holdings Ltd TA:SLCL	Israel	ILA6.67 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. See MGT equity to assets ratio to measure how much of total assets are equity-financed.

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 ≈ $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

$2.36 Million

AU$3.33 Million AUD

Market Cap Rank

#29898 Global

#1729 in Australia

Share Price

AU$0.02

Change (1 day)

-5.56%

52-Week Range

AU$0.02 - AU$0.07

All Time High

AU$4.21