Mag Mile Capital (Mag Mile Capital) Total Liabilities : $0.68 Mil (As of Mar. 2024)

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What is Mag Mile Capital Total Liabilities?

Mag Mile Capital's Total Liabilities for the quarter that ended in Mar. 2024 was $0.68 Mil.

Mag Mile Capital's quarterly Total Liabilities increased from Jul. 2023 ($0.55 Mil) to Dec. 2023 ($0.67 Mil) and increased from Dec. 2023 ($0.67 Mil) to Mar. 2024 ($0.68 Mil).

Mag Mile Capital's annual Total Liabilities increased from Jul. 2021 ($0.00 Mil) to Jul. 2022 ($0.04 Mil) and increased from Jul. 2022 ($0.04 Mil) to Dec. 2023 ($0.67 Mil).

Mag Mile Capital Total Liabilities Historical Data

The historical data trend for Mag Mile Capital'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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Mag Mile Capital Total Liabilities Chart

Mag Mile Capital Annual Data

Trend

Jul21

Jul22

Dec23

Total Liabilities

0.04

0.67

Mag Mile Capital Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Dec23	Mar24
Total Liabilities	Get a 7-Day Free Trial						0.08	0.54	0.55	0.67	0.68

Mag Mile Capital 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.

Mag Mile Capital'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
	=	0.23	+	(0.437	+	5.5511151231258E-17
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.67

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	0.784	-	0.117
	=	0.67

Mag Mile Capital'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
	=	0.236	+	(0.445	+	5.5511151231258E-17
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.68

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	0.732	-	0.051
	=	0.68

Mag Mile Capital Total Liabilities Related Terms

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Mag Mile Capital (Mag Mile Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mag Mile Capital Inc (OTCPK:MMCP) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

7950 W. Sunset Boulevard, Suite 629, Los Angeles, CA, USA, 90046

Website

https://www.magmilecapital.com

Mag Mile Capital Inc is a full-service commercial real estate mortgage banking firm. Mag Mile Capital is a national platform comprised of capital markets experience in real estate bridge financing, mezzanine, and permanent debt placement and equity arrangements throughout the full capital stack and across all major real estate asset classes, including hotels, multifamily, office, retail, industrial, healthcare, self-storage and special purpose properties, offering access to structured debt and equity advisory solutions and placement for real estate investors, developers, and entrepreneurs, It leverages a wide variety of lending relationships and equity capital connections as a leading national real estate mortgage intermediary.

Mag Mile Capital (Mag Mile Capital) Headlines

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