Magna Mining Inc Total Liabilities
Magna Mining Inc total liabilities. Based on the latest financial reports, Magna Mining Inc (NICU) has total liabilities worth CA$94.67 Million CAD (≈ $68.48 Million USD) as of September 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. Check Magna Mining Inc (NICU) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Total Liabilities of Magna Mining Inc (2020–2024)
Total liabilities of Magna Mining Inc from 2020 to 2024. This chart illustrates how Magna Mining Inc's total liabilities have evolved over time, based on quarterly financial data. Explore Magna Mining Inc strategic investment ratio to see how much of total assets are deployed in long-term investments.
Magna Mining Inc Competitors by Total Liabilities
The table below lists competitors of Magna Mining Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Silicius Real Estate SOCIMI S.A.
MC:YSIL
|
Spain | €275.11 Million |
|
Duni AB
ST:DUNI
|
Sweden | Skr4.57 Billion |
|
MNC Studios International Tbk PT
JK:MSIN
|
Indonesia | Rp1.51 Trillion |
|
Shenzhen Crastal Technology Co Ltd
SHE:300824
|
China | CN¥289.79 Million |
|
Barings Corporate Investors
NYSE:MCI
|
USA | $89.92 Million |
|
BEH Property Co Ltd
SHG:600791
|
China | CN¥13.27 Billion |
|
Energiekontor AG
F:EKT
|
Germany | €926.22 Million |
|
Dimerco Express
TWO:5609
|
Taiwan | NT$4.74 Billion |
Liability Composition Analysis (2020–2024)
This chart breaks down Magna Mining 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. For the complete balance sheet picture, see Magna Mining Inc balance sheet assets.
Liquidity & Leverage Metrics
Magna Mining Inc Total Liabilities Ratios Explained
Magna Mining Inc total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 3.23 | 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 | 0.80 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.45 | 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 Magna Mining Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Magna Mining Inc (2020–2024)
The table below shows the annual total liabilities of Magna Mining Inc from 2020 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CA$4.53 Million ≈ $3.27 Million |
-16.66% |
| 2023-12-31 | CA$5.43 Million ≈ $3.93 Million |
+7.07% |
| 2022-12-31 | CA$5.07 Million ≈ $3.67 Million |
+126.24% |
| 2021-12-31 | CA$2.24 Million ≈ $1.62 Million |
+42.14% |
| 2020-12-31 | CA$1.58 Million ≈ $1.14 Million |
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About Magna Mining Inc
Magna Mining Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for nickel, copper, cobalt, gold, and platinum group metal deposits. Its flagship properties include100% interest in the Crean Hill Project; and 84% interest in the Shakespeare Mine located in Sudbury, Canada. Magna Mining Inc. was founded in 2016 and is headq… Read more