Minerals 260 Ltd (MI6) - Total Liabilities

Latest as of June 2025: AU$16.95 Million AUD ≈ $11.99 Million USD

Based on the latest financial reports, Minerals 260 Ltd (MI6) has total liabilities worth AU$16.95 Million AUD (≈ $11.99 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 efficiently does Minerals 260 Ltd generate cash to assess how effectively this company generates cash.

Minerals 260 Ltd - Total Liabilities Trend (2019–2025)

This chart illustrates how Minerals 260 Ltd's total liabilities have evolved over time, based on quarterly financial data. Check MI6 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Minerals 260 Ltd Competitors by Total Liabilities

The table below lists competitors of Minerals 260 Ltd ranked by their total liabilities.

Company Country Total Liabilities
Lifecome Biochemistry Co Ltd
SHE:002868
China CN¥1.49 Billion
Bangkok Airways Public Company Limited
BK:BA
Thailand ฿36.18 Billion
Evommune, Inc.
NYSE:EVMN
USA $19.38 Million
Lotus Technology Inc.
NASDAQ:LOT
USA $3.12 Billion
Varroc Engineering Limited
NSE:VARROC
India Rs30.51 Billion
Eczacibasi Yatirim Holding Ortakligi AS
IS:ECZYT
Turkey TL573.72 Million
Zhejiang Changhua Auto Parts Co Ltd
SHG:605018
China CN¥678.48 Million
Qurient Co. Ltd
KQ:115180
Korea ₩6.81 Billion

Liability Composition Analysis (2019–2025)

This chart breaks down Minerals 260 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 Minerals 260 Ltd stock valuation.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric Value Description
Current Ratio 4.42 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 0.08 Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets 0.07 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 Minerals 260 Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Minerals 260 Ltd (2019–2025)

The table below shows the annual total liabilities of Minerals 260 Ltd from 2019 to 2025.

Year Total Liabilities Change
2025-06-30 AU$16.95 Million
≈ $11.99 Million
+1339.03%
2024-06-30 AU$1.18 Million
≈ $833.27K
+29.17%
2023-06-30 AU$911.75K
≈ $645.12K
+60.16%
2022-06-30 AU$569.29K
≈ $402.81K
+1110.15%
2021-06-30 AU$47.04K
≈ $33.29K
-85.66%
2020-06-30 AU$327.97K
≈ $232.06K
+1592.15%
2019-06-30 AU$19.38K
≈ $13.71K
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About Minerals 260 Ltd

AU:MI6 Australia Other Precious Metals & Mining
Market Cap
$1.10 Billion
AU$1.55 Billion AUD
Market Cap Rank
#9675 Global
#239 in Australia
Share Price
AU$0.72
Change (1 day)
+2.86%
52-Week Range
AU$0.11 - AU$0.80
All Time High
AU$0.80
About

Minerals 260 Limited engages in the exploration and evaluation of mineral resources in Australia. The company explores for gold, palladium, nickel, copper, and rare earths elements, as well as precious and battery-related metals. The company holds 100% interest in the Bullabulling Gold Project located in south-west of Kalgoorlie, Western Australian in the Eastern Goldfields; and the Moora project… Read more