MGXMF (MGX Minerals) Other Current Liabilities: $-5.36 Mil (As of Apr. 2021)


What is MGX Minerals Other Current Liabilities?

MGX Minerals MGXMF -95.00% Other Current Liabilities is $-5.36 Mil as of Apr. 2021.

MGX Minerals's other current liabilities for the quarter that ended in Apr. 2021 was $-5.36 Mil.

MGX Minerals's quarterly other current liabilities declined from Oct. 2020 ($0.01 Mil) to Jan. 2021 ($-0.00 Mil) and declined from Jan. 2021 ($-0.00 Mil) to Apr. 2021 ($-5.36 Mil).

MGX Minerals's annual other current liabilities declined from Jul. 2018 ($0.21 Mil) to Jul. 2019 ($-0.00 Mil) but then increased from Jul. 2019 ($-0.00 Mil) to Jul. 2020 ($0.01 Mil).

MGX Minerals Other Current Liabilities Related Terms

MGX Minerals Other Current Liabilities Historical Data

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The historical data trend for MGX Minerals's Other Current 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.

MGX Minerals Other Current Liabilities Chart

MGX Minerals Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
Other Current Liabilities
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.21 -0.00 0.01

MGX Minerals Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
Other Current Liabilities 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 -0.00 0.01 0.01 -0.00 -5.36

MGX Minerals Other Current Liabilities Calculation

The liability a company needs to pay in the next 12 months, but not assigned to Accounts Payable or Debt. For instance, Wal-Mart (WMT) has accrued wages, salaries, valuation, bonuses, insurance liabilities, accrued tax etc. These are all included in other current liabilities.

What does a Other Current Liabilities of $-5.36 Mil mean?
MGX Minerals (MGXMF) has a Other Current Liabilities of $-5.36 Mil as of Apr. 2021. Other current liabilities as record on a company's balance sheet not categorized as standard liabilities. View historical data on MGX Minerals.
Is MGX Minerals' Other Current Liabilities too high?
MGX Minerals' current Other Current Liabilities is $-5.36 Mil.
How does MGX Minerals' Other Current Liabilities compare to competitors?
MGX Minerals' Other Current Liabilities of $-5.36 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 Other Current Liabilities for a Metals & Mining company?
A good Other Current Liabilities depends on the Metals & Mining industry context. However, Other Current Liabilities 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 Other Current Liabilities mean?
A high Other Current Liabilities can signal that a stock is expensive relative to its fundamentals. Other current liabilities as record on a company's balance sheet not categorized as standard liabilities. View historical data on MGX Minerals. MGX Minerals's current Other Current Liabilities is $-5.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGX Minerals stock overvalued right now?
MGX Minerals (MGXMF) has a current Other Current Liabilities of $-5.36 Mil. The current Other Current Liabilities is $-5.36 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Liabilities calculated?
Other Current Liabilities is calculated from a company's financial statements. For MGX Minerals (MGXMF), the current Other Current Liabilities is $-5.36 Mil as of Apr. 2021. 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.

MGX Minerals Business Description

Address 666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
MGX Minerals Inc is an exploration stage company engaged in the process of exploring its mineral properties in Canada. The company is a developer of lithium, magnesium and silicon projects. Its projects comprise Driftwood Creek project; Fran Gold project; Tillicum Gold project; Canada Lithium project; and Silica Projects.