Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN) Other Current Payables: ₽844 Mil (As of Dec. 2023)


MIC:MAGN Magnitogorsk Iron & Steel Works PJSC MIC:MAGN
17 GF Score
Price ₽15.99
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What is Magnitogorsk Iron & Steel Works PJSC Other Current Payables?

Magnitogorsk Iron & Steel Works PJSC MIC:MAGN -0.22% 17 Other Current Payables is ₽844 Mil as of Dec. 2023. GuruFocus rates MIC:MAGN with a GF Score™ of 17/100.

Magnitogorsk Iron & Steel Works PJSC's Other Current Payables for the quarter that ended in Dec. 2023 was ₽844 Mil.

Magnitogorsk Iron & Steel Works PJSC's quarterly Other Current Payables declined from Dec. 2022 (₽954 Mil) to Jun. 2023 (₽0 Mil) but then increased from Jun. 2023 (₽0 Mil) to Dec. 2023 (₽844 Mil).

Magnitogorsk Iron & Steel Works PJSC's annual Other Current Payables declined from Dec. 2021 (₽30,676 Mil) to Dec. 2022 (₽954 Mil) and declined from Dec. 2022 (₽954 Mil) to Dec. 2023 (₽844 Mil).


Magnitogorsk Iron & Steel Works PJSC Other Current Payables Related Terms


Magnitogorsk Iron & Steel Works PJSC Other Current Payables Historical Data

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The historical data trend for Magnitogorsk Iron & Steel Works PJSC's Other Current Payables 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.

Magnitogorsk Iron & Steel Works PJSC Other Current Payables Chart

Magnitogorsk Iron & Steel Works PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Payables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19,032.86 27,334.00 30,676.00 954.00 844.00

Magnitogorsk Iron & Steel Works PJSC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Other Current Payables 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 30,676.00 0.00 954.00 0.00 844.00
MIC:MAGN
17GF Score
Magnitogorsk Iron & Steel Works PJSC MIC:MAGN
Other Current Payables is just one metric. See GF Score™, valuation, warning signs, and more.
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Magnitogorsk Iron & Steel Works PJSC Other Current Payables Calculation

Other Current Payables is the payables owed and expected to be paid within one year or one operating cycle that not otherwise classified. It includes dividends payable and all other current payables.

Frequently Asked Questions Learn more about Other Current Payables →
What does a Other Current Payables of ₽844 Mil mean?
Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN) has a Other Current Payables of ₽844 Mil as of Dec. 2023. Other Current Payables is the payables owed and expected to be paid within one year that not otherwise classified. View historical data on Magnitogorsk Iron & Steel Works PJSC and its competitors.
Is Magnitogorsk Iron & Steel Works PJSC's Other Current Payables too high?
Magnitogorsk Iron & Steel Works PJSC's current Other Current Payables is ₽844 Mil. Overall, Magnitogorsk Iron & Steel Works PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Magnitogorsk Iron & Steel Works PJSC's Other Current Payables compare to NUE and STLD?
Magnitogorsk Iron & Steel Works PJSC's Other Current Payables of ₽844 Mil can be compared against companies in the Steel 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 Payables for a Steel company?
A good Other Current Payables depends on the Steel industry context. However, Other Current Payables 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 Payables mean?
A high Other Current Payables can signal that a stock is expensive relative to its fundamentals. Other Current Payables is the payables owed and expected to be paid within one year that not otherwise classified. View historical data on Magnitogorsk Iron & Steel Works PJSC and its competitors. Magnitogorsk Iron & Steel Works PJSC's current Other Current Payables is ₽844 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnitogorsk Iron & Steel Works PJSC stock overvalued right now?
Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN) has a current Other Current Payables of ₽844 Mil. The current Other Current Payables is ₽844 Mil. Magnitogorsk Iron & Steel Works PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Payables calculated?
Other Current Payables is calculated from a company's financial statements. For Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN), the current Other Current Payables is ₽844 Mil as of Dec. 2023. 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.

Magnitogorsk Iron & Steel Works PJSC Business Description

Address 93, Kirov Street, Chelyabinsk region, Magnitogorsk, RUS, 455000
Magnitogorsk Iron & Steel Works PJSC is a steel producer in Russia. The company's output includes a broad range of steel products with a portion being high-value-added. In Russia, the company operates a large steel-producing complex encompassing the entire production chain from iron-ore processing to downstream production of rolled steel. The company sells the majority of its metal products in Russia. The company's financial results are divided into three segments: the Russian steel segment; the Turkish steel segment; and the coal segment. The steel segment accounts for the vast majority of the company's revenue.
17GF Score

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

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