Magellan Aerospace (Magellan Aerospace) Total Liabilities : $217.7 Mil (As of Mar. 2024)

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What is Magellan Aerospace Total Liabilities?

Magellan Aerospace's Total Liabilities for the quarter that ended in Mar. 2024 was $217.7 Mil.

Magellan Aerospace's quarterly Total Liabilities increased from Sep. 2023 ($209.26 Mil) to Dec. 2023 ($214.41 Mil) and increased from Dec. 2023 ($214.41 Mil) to Mar. 2024 ($217.66 Mil).

Magellan Aerospace's annual Total Liabilities increased from Dec. 2021 ($185.93 Mil) to Dec. 2022 ($205.49 Mil) and increased from Dec. 2022 ($205.49 Mil) to Dec. 2023 ($214.41 Mil).

Magellan Aerospace Total Liabilities Historical Data

The historical data trend for Magellan Aerospace's Total Liabilities 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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Magellan Aerospace Total Liabilities Chart

Magellan Aerospace Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

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247.01

223.85

185.93

205.49

214.41

Magellan Aerospace Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Liabilities	Get a 7-Day Free Trial															211.81	209.03	209.26	214.41	217.66

Magellan Aerospace Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Magellan Aerospace's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	145.83	+	(36.136	+	4.539
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	27.908	+	0)
	=	214.4

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	764.068	-	549.655
	=	214.4

Magellan Aerospace's Total Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	151.032	+	(34.608	+	4.51
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	27.508	+	0)
	=	217.7

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	772.202	-	554.543
	=	217.7

Magellan Aerospace Total Liabilities Related Terms

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Magellan Aerospace (Magellan Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Magellan Aerospace Corp (OTCPK:MALJF) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

4M7A:Germany MAL:Canada

Address

3160 Derry Road East, Mississauga, ON, CAN, L4T 1A9

Website

https://www.magellan.aero

Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount. The three geographic regions to which Magellan primarily sells are Canada, the United States, and Europe.