Magnum Goldcorp Inc (MGI) - Total Liabilities

Latest as of November 2025: CA$144.78K CAD ≈ $104.73K USD

Based on the latest financial reports, Magnum Goldcorp Inc (MGI) has total liabilities worth CA$144.78K CAD (≈ $104.73K USD) as of November 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. See MGI working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Magnum Goldcorp Inc - Total Liabilities Trend (2014–2025)

This chart illustrates how Magnum Goldcorp Inc's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see MGI asset base.

Magnum Goldcorp Inc Competitors by Total Liabilities

The table below lists competitors of Magnum Goldcorp Inc ranked by their total liabilities.

Company	Country	Total Liabilities
Tessin Nordic Holding AB ST:TESSIN	Sweden	Skr221.96 Million
Accelerate Diagnostics Inc NASDAQ:AXDX	USA	$84.60 Million
Ovoca Gold PLC IR:OVXA	Ireland	€967.00K
Speedy Hire PLC LSE:SDY	UK	GBX385.50 Million
Hansard Global Plc LSE:HSD	UK	GBX1.42 Billion
Insplorion AB ST:INSP	Sweden	Skr3.60 Million
Upgrade Invest Nordic AB ST:UPGRAD	Sweden	Skr42.00K
Setubandhan Infrastructure Limited NSE:SETUINFRA	India	Rs2.29 Billion

Liability Composition Analysis (2014–2025)

This chart breaks down Magnum Goldcorp Inc'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 MGI equity financing ratio to measure how much of total assets are equity-financed.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	0.20	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	-1.51	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	2.94	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 Magnum Goldcorp Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Magnum Goldcorp Inc (2014–2025)

The table below shows the annual total liabilities of Magnum Goldcorp Inc from 2014 to 2025.

Year	Total Liabilities	Change
2025-05-31	CA$220.32K ≈ $159.38K	+44.50%
2024-05-31	CA$152.48K ≈ $110.30K	+63.95%
2023-05-31	CA$93.00K ≈ $67.28K	-43.91%
2022-05-31	CA$165.80K ≈ $119.93K	-58.01%
2021-05-31	CA$394.84K ≈ $285.62K	+7.67%
2020-05-31	CA$366.70K ≈ $265.27K	-11.64%
2019-05-31	CA$415.03K ≈ $300.22K	+127.24%
2018-05-31	CA$182.64K ≈ $132.12K	-30.47%
2017-05-31	CA$262.69K ≈ $190.03K	+57.20%
2016-05-31	CA$167.11K ≈ $120.88K	+42.23%
2015-05-31	CA$117.49K ≈ $84.99K	-32.48%
2014-05-31	CA$174.00K ≈ $125.87K	--

About Magnum Goldcorp Inc

V:MGI Canada Gold

Market Cap

$847.35K

CA$1.17 Million CAD

Market Cap Rank

#30789 Global

#1600 in Canada

Share Price

CA$0.13

Change (1 day)

+0.00%

52-Week Range

CA$0.13 - CA$0.13

All Time High

CA$3.60