musicMagpie PLC (MMAG) - Total Liabilities
Based on the latest financial reports, musicMagpie PLC (MMAG) has total liabilities worth GBX28.30 Million GBX (≈ $3.44K USD) as of May 2024. 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.
musicMagpie PLC - Total Liabilities Trend (2016–2023)
This chart illustrates how musicMagpie PLC's total liabilities have evolved over time, based on quarterly financial data. See MMAG working capital ratio to evaluate short-term liquidity relative to the company's equity base.
musicMagpie PLC Competitors by Total Liabilities
The table below lists competitors of musicMagpie PLC ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Carisma Therapeutics Inc.
NASDAQ:CARM
|
USA | $7.42 Million |
|
Sorted Group Holdings Plc
LSE:SORT
|
UK | GBX6.50 Million |
|
NEW FRONTIER VENT. INC.
F:S1O
|
Germany | €570.98K |
|
Aditxt Inc.
NASDAQ:ADTX
|
USA | $49.08 Million |
|
Fibra Mty S.A.P.I. de C.V.
MX:FMTY14
|
Mexico | MX$122.93 Billion |
|
SCG PACKAGING -FGN- BA 1
F:5Y7A
|
Germany | €87.08 Billion |
|
L1 Group Limited
AU:L1G
|
Australia | AU$205.86 Million |
|
Versarien PLC
LSE:VRS
|
UK | GBX8.28 Million |
Liability Composition Analysis (2016–2023)
This chart breaks down musicMagpie PLC'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 MMAG market cap.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.52 | 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 | 3.02 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.75 | 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 musicMagpie PLC's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for musicMagpie PLC (2016–2023)
The table below shows the annual total liabilities of musicMagpie PLC from 2016 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-11-30 | GBX32.45 Million ≈ $3.95K |
+15.46% |
| 2022-11-30 | GBX28.11 Million ≈ $3.42K |
+145.72% |
| 2021-11-30 | GBX11.44 Million ≈ $1.39K |
-55.97% |
| 2020-11-30 | GBX25.98 Million ≈ $3.16K |
-12.52% |
| 2019-11-30 | GBX29.69 Million ≈ $3.61K |
+3.52% |
| 2018-11-30 | GBX28.68 Million ≈ $3.49K |
+55.70% |
| 2017-05-31 | GBX18.42 Million ≈ $2.24K |
+9.17% |
| 2016-05-31 | GBX16.88 Million ≈ $2.05K |
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About musicMagpie PLC
musicMagpie plc engages in the re-commerce of consumer technology, books, and disc media products in the United Kingdom and the United States. The company buys, refurbishes, rents, and sells consumer technology products, including smartphones, tablets, consoles, wearables, and personal computers; and CDs, DVDs, Blu-rays, and video games. It also buys and sells hardback and paperback books; and pr… Read more