Magnetic North Acquisition Corp Total Liabilities

Latest as of September 2024: CA$4.68 Million CAD ≈ $3.39 Million USD

Magnetic North Acquisition Corp total liabilities. Based on the latest financial reports, Magnetic North Acquisition Corp (MNC) has total liabilities worth CA$4.68 Million CAD (≈ $3.39 Million USD) as of September 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. Check MNC financial resilience to evaluate the company's liquid asset resilience ratio.

Total Liabilities of Magnetic North Acquisition Corp (2017–2023)

Total liabilities of Magnetic North Acquisition Corp from 2017 to 2023. This chart illustrates how Magnetic North Acquisition Corp's total liabilities have evolved over time, based on quarterly financial data. Explore long-term investment intensity of Magnetic North Acquisition Corp to see how much of total assets are deployed in long-term investments.

Magnetic North Acquisition Corp Competitors by Total Liabilities

The table below lists competitors of Magnetic North Acquisition Corp ranked by their total liabilities.

Company	Country	Total Liabilities
Springs Global Participações S.A. SA:SGPS3	Brazil	R$3.26 Billion
Fidelity Japanese Values PLC ORD LSE:FJV	UK	GBX2.64 Million
Knosys Ltd AU:KNO	Australia	AU$8.90 Million
Omnia Metals Group Ltd AU:OM1	Australia	AU$276.32K
METALQUEST MINING INC. F:E7Q	Germany	€139.10K
Iterum Therapeutics PLC NASDAQ:ITRM	USA	$39.88 Million
Albion Enterprise VCT PLC LSE:AAEV	UK	GBX1.66 Million
EQTEC plc LSE:EQT	UK	£9.22 Million

Liability Composition Analysis (2017–2023)

This chart breaks down Magnetic North Acquisition Corp'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 complete balance sheet picture, see how large is Magnetic North Acquisition Corp's balance sheet.

Liquidity & Leverage Metrics

Magnetic North Acquisition Corp Total Liabilities Ratios Explained

Magnetic North Acquisition Corp total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.

Metric	Value	Description
Current Ratio	0.17	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	-1.28	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	4.59	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 Magnetic North Acquisition Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Magnetic North Acquisition Corp (2017–2023)

The table below shows the annual total liabilities of Magnetic North Acquisition Corp from 2017 to 2023.

Year	Total Liabilities	Change
2023-09-30	CA$15.89 Million ≈ $11.49 Million	-16.49%
2022-09-30	CA$19.02 Million ≈ $13.76 Million	+3.80%
2021-09-30	CA$18.33 Million ≈ $13.26 Million	+3374.45%
2020-09-30	CA$527.52K ≈ $381.60K	-14.47%
2019-09-30	CA$616.77K ≈ $446.16K	-21.84%
2018-09-30	CA$789.06K ≈ $570.80K	+94.91%
2017-09-30	CA$404.84K ≈ $292.86K	--

About Magnetic North Acquisition Corp

V:MNC Canada Capital Markets

Market Cap

$3.21 Million

CA$4.43 Million CAD

Market Cap Rank

#29358 Global

#1363 in Canada

Share Price

CA$0.08

Change (1 day)

+0.00%

52-Week Range

CA$0.08 - CA$0.08

All Time High

CA$0.99