Magnetite Mines (ASX:MGT) Long-Term Debt : A$0.06 Mil (As of Dec. 2023)

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What is Magnetite Mines Long-Term Debt?

Magnetite Mines's Long-Term Debt for the quarter that ended in Dec. 2023 was A$0.06 Mil.

Magnetite Mines's quarterly Long-Term Debt declined from Dec. 2022 (A$0.17 Mil) to Jun. 2023 (A$0.00 Mil) but then increased from Jun. 2023 (A$0.00 Mil) to Dec. 2023 (A$0.06 Mil).

Magnetite Mines's annual Long-Term Debt stayed the same from Jun. 2021 (A$1.98 Mil) to Jun. 2022 (A$1.98 Mil) but then declined from Jun. 2022 (A$1.98 Mil) to Jun. 2023 (A$0.00 Mil).

Magnetite Mines Long-Term Debt Historical Data

The historical data trend for Magnetite Mines's Long-Term Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Magnetite Mines Long-Term Debt Chart

Magnetite Mines Annual Data

Trend

Jun14

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Jun23

Long-Term Debt

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1.98

Magnetite Mines Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Debt	Get a 7-Day Free Trial															2.16	1.98	0.17	-	0.06

Magnetite Mines (ASX:MGT) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Magnetite Mines Long-Term Debt Related Terms

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Magnetite Mines (ASX:MGT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Magnetite Mines Ltd (ASX:MGT) » Definitions » Long-Term Debt

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Address

30 Currie Street, Suite 3, Level 3, Adelaide, SA, AUS, 5000

Website

https://www.magnetitemines.com

Magnetite Mines Ltd is a mineral exploration company. It shows interest in the Razorback Iron Project located in the province of South Australia. The Group operates in one operating segment and one geographical area, which is Mineral Exploration in Australia. The company's other projects include Muster Dam Iron Ore Project and Global Drivers For High-Grade Iron Ore project.

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