Magna Mining (TSX:NICU) Accounts Payable: C$3.38 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:NICU Magna Mining Inc TSX:NICU
31 GF Score
Price C$2.68
! 2 Warning Signs
View Full Analysis

What is Magna Mining Accounts Payable?

Magna Mining TSX:NICU +5.10% 31 Accounts Payable is C$3.38 Mil as of Mar. 2026. GuruFocus rates TSX:NICU with a GF Score™ of 31/100. The stock has 2 warning signs investors should review.

Magna Mining's Accounts Payable for the quarter that ended in Mar. 2026 was C$3.38 Mil.

Magna Mining's quarterly Accounts Payable declined from Sep. 2025 (C$5.83 Mil) to Dec. 2025 (C$1.35 Mil) but then increased from Dec. 2025 (C$1.35 Mil) to Mar. 2026 (C$3.38 Mil).

Magna Mining's annual Accounts Payable increased from Dec. 2023 (C$0.83 Mil) to Dec. 2024 (C$1.26 Mil) and increased from Dec. 2024 (C$1.26 Mil) to Dec. 2025 (C$1.35 Mil).

Magna Mining Accounts Payable Historical Data

* Premium members only.

The historical data trend for Magna Mining'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.

Magna Mining Accounts Payable Chart

Magna Mining Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial 0.35 0.98 0.83 1.26 1.35

Magna Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.85 10.95 5.83 1.35 3.38
TSX:NICU
31GF Score
Magna Mining Inc TSX:NICU
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magna Mining 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 C$3.38 Mil mean?
Magna Mining (TSX:NICU) has a Accounts Payable of C$3.38 Mil as of Mar. 2026. 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 Magna Mining and its competitors.
Is Magna Mining's Accounts Payable too high?
Magna Mining's current Accounts Payable is C$3.38 Mil. Overall, Magna Mining has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Magna Mining's Accounts Payable compare to competitors?
Magna Mining's Accounts Payable of C$3.38 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 Magna Mining and its competitors. Magna Mining's current Accounts Payable is C$3.38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magna Mining stock overvalued right now?
Magna Mining (TSX:NICU) has a current Accounts Payable of C$3.38 Mil. The current Accounts Payable is C$3.38 Mil. Magna Mining's overall GF Score™ is 31/100 with 2 warning signs to review. 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 Magna Mining (TSX:NICU), the current Accounts Payable is C$3.38 Mil as of Mar. 2026. 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.

Magna Mining Business Description

Other Exchanges MGMNF:USA8YD:Germany
Address 1300 Kelly Lake Road, Sudbury, ON, CAN, P3E 5P4
Magna Mining Inc is a producing mining company with a portfolio of copper, nickel, and platinum group metals with operating, exploration, and development projects in the Sudbury Region of Ontario, Canada. The Company's primary assets are the producing McCreedy West copper mine and the past-producing Levack, Podolsky, Shakespeare, and Crean Hill mines. It has one reportable operating segment, being the acquisition, exploration, and development of mineral properties. The Company's assets are located in Canada.
31GF Score

Get the complete analysis for TSX:NICU

Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$2.68
Price