Magna Mining (TSXV:NICU) Total Liabilities : C$5.37 Mil (As of Mar. 2024)

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What is Magna Mining Total Liabilities?

Magna Mining's Total Liabilities for the quarter that ended in Mar. 2024 was C$5.37 Mil.

Magna Mining's quarterly Total Liabilities declined from Sep. 2023 (C$8.59 Mil) to Dec. 2023 (C$5.43 Mil) and declined from Dec. 2023 (C$5.43 Mil) to Mar. 2024 (C$5.37 Mil).

Magna Mining's annual Total Liabilities increased from Dec. 2021 (C$2.24 Mil) to Dec. 2022 (C$5.07 Mil) and increased from Dec. 2022 (C$5.07 Mil) to Dec. 2023 (C$5.43 Mil).

Magna Mining Total Liabilities Historical Data

The historical data trend for Magna Mining'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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Magna Mining Total Liabilities Chart

Magna Mining Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Liabilities

1.58

2.24

5.07

5.43

Magna Mining Quarterly Data
	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												10.59	9.03	8.59	5.43	5.37

Magna Mining 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.

Magna Mining'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
	=	4.587	+	(0.014	+	0.831
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	5.43

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	12.767	-	7.335
	=	5.43

Magna Mining'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
	=	4.504	+	(0.027	+	0.839
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	5.37

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	9.826	-	4.456
	=	5.37

Magna Mining Total Liabilities Related Terms

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Magna Mining (TSXV:NICU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Magna Mining Inc (TSXV:NICU) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

MGMNF:USA 8YD:Germany

Address

45 Oak Street, Box 103, Dowling, ON, CAN, P0M 1R0

Website

https://www.magnamining.com

Magna Mining Inc is a Sudbury-focused base metal exploration and development company. It is prospective for nickel, copper, and PGM discoveries. Its projects include the Shakespeare Project and the Shining Tree Project. It has one reportable operating segment, being the acquisition, exploration and development of mineral properties. The Company's assets are located in Canada.

Executives

Dundee Corporation

10% Security Holder

Magna Mining (TSXV:NICU) Headlines

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