Magna Mining (Magna Mining) Accounts Payable & Accrued Expense : $3.29 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Magna Mining Accounts Payable & Accrued Expense?

Magna Mining's quarterly accounts payable & accrued expense declined from Sep. 2023 ($3.56 Mil) to Dec. 2023 ($3.40 Mil) and declined from Dec. 2023 ($3.40 Mil) to Mar. 2024 ($3.29 Mil).

Magna Mining's annual accounts payable & accrued expense increased from Dec. 2021 ($0.94 Mil) to Dec. 2022 ($1.22 Mil) and increased from Dec. 2022 ($1.22 Mil) to Dec. 2023 ($3.40 Mil).

Magna Mining Accounts Payable & Accrued Expense Historical Data

The historical data trend for Magna Mining's Accounts Payable & Accrued Expense 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.

* Premium members only.

Magna Mining Accounts Payable & Accrued Expense Chart

Magna Mining Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.68

0.94

1.22

3.40

Magna Mining Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												5.17	4.07	3.56	3.40	3.29

Magna Mining Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Magna Mining (Magna Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Magna Mining Inc (OTCPK:MGMNF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

8YD:Germany NICU:Canada

Address

45 Oak Street, Box 103, Dowling, ON, CAN, P0M 1R0

Website

https://www.magnamining.com

Magna Mining Inc is a Sudbury-focused base metal exploration and development company. It is prospective for nickel, copper, and PGM discoveries. Its projects include the Shakespeare Project and the Shining Tree Project. It has one reportable operating segment, being the acquisition, exploration and development of mineral properties. The Company's assets are located in Canada.

Magna Mining (Magna Mining) Headlines

From GuruFocus

The Power Play by The Market Herald Releases a New Interview with Magna Mining Discussing Their Latest News

By ACCESSWIRE ACCESSWIRE • 02-24-2023