Magnetite Mines Ltd (MGT) - 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. Also explore Magnetite Mines Ltd (MGT) net asset momentum to track the company's year-over-year net asset growth rate.
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. See how much free cash does Magnetite Mines Ltd generate to measure how efficiently the company converts operating cash flow to free cash.
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 |
|---|---|---|
|
Vast Renewables Limited Ordinary Shares
NASDAQ:VSTE
|
USA | $24.07 Million |
|
Invion Ltd
AU:IVX
|
Australia | AU$1.24 Million |
|
Himalaya Energi Perkasa Tbk PT
JK:HADE
|
Indonesia | Rp1.28 Billion |
|
Golden Goliath Resources Ltd.
V:GNG
|
Canada | CA$650.60K |
|
Silver Castle Holdings Ltd
TA:SLCL
|
Israel | ILA6.67 Million |
|
Identitii Ltd
AU:ID8
|
Australia | AU$1.96 Million |
|
Plaza Centers NV
WAR:PLZ
|
Poland | zł177.01 Million |
|
Orexplore Technologies Ltd
AU:OXT
|
Australia | AU$2.08 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 full company profile including market capitalisation, see market cap of Magnetite Mines Ltd.
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 |
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About Magnetite Mines Ltd
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