Magnetite Mines (ASX:MGT) Accounts Payable: A$0.44 Mil (As of Dec. 2025)


What is Magnetite Mines Accounts Payable?

Magnetite Mines ASX:MGT +5.56% Accounts Payable is A$0.44 Mil as of Dec. 2025. The stock has 4 warning signs investors should review.

Magnetite Mines's Accounts Payable for the quarter that ended in Dec. 2025 was A$0.44 Mil.

Magnetite Mines's quarterly Accounts Payable declined from Dec. 2024 (A$0.90 Mil) to Jun. 2025 (A$0.25 Mil) but then increased from Jun. 2025 (A$0.25 Mil) to Dec. 2025 (A$0.44 Mil).

Magnetite Mines's annual Accounts Payable increased from Jun. 2023 (A$0.40 Mil) to Jun. 2024 (A$0.42 Mil) but then declined from Jun. 2024 (A$0.42 Mil) to Jun. 2025 (A$0.25 Mil).

Magnetite Mines Accounts Payable Related Terms

Magnetite Mines Accounts Payable Historical Data

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The historical data trend for Magnetite Mines's Accounts Payable 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.

Magnetite Mines Accounts Payable Chart

Magnetite Mines Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 3.53 0.40 0.42 0.25

Magnetite Mines Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.42 0.90 0.25 0.44

Magnetite Mines Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of A$0.44 Mil mean?
Magnetite Mines (ASX:MGT) has a Accounts Payable of A$0.44 Mil as of Dec. 2025. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Magnetite Mines and its competitors.
Is Magnetite Mines' Accounts Payable too high?
Magnetite Mines' current Accounts Payable is A$0.44 Mil.
How does Magnetite Mines' Accounts Payable compare to competitors?
Magnetite Mines' Accounts Payable of A$0.44 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Metals & Mining company?
A good Accounts Payable depends on the Metals & Mining industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Magnetite Mines and its competitors. Magnetite Mines's current Accounts Payable is A$0.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnetite Mines stock overvalued right now?
Magnetite Mines (ASX:MGT) has a current Accounts Payable of A$0.44 Mil. The current Accounts Payable is A$0.44 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Magnetite Mines (ASX:MGT), the current Accounts Payable is A$0.44 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Magnetite Mines Business Description

Other Exchanges R8Q1:Germany
Address 30 Currie Street, Suite 3, Level 3, Adelaide, SA, AUS, 5000
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 the Muster Dam Iron Ore Project and Others.