Growth Metrics

Magellan Copper & Gold (MAGE) Debt Ratio (2017 - 2021)

Magellan Copper & Gold (MAGE) has disclosed Debt Ratio for 5 consecutive years, with 0.47 as the latest value for Q3 2021.

  • Quarterly Debt Ratio rose 46.89% to 0.47 in Q3 2021 from the year-ago period, while the trailing twelve-month figure was 0.47 through Sep 2021, up 46.89% year-over-year, with the annual reading at 0.24 for FY2019, 56.24% down from the prior year.
  • Debt Ratio for Q3 2021 was 0.47 at Magellan Copper & Gold, up from 0.44 in the prior quarter.
  • The five-year high for Debt Ratio was 5.11 in Q2 2020, with the low at 0.0 in Q3 2019.
  • Average Debt Ratio over 5 years is 0.95, with a median of 0.54 recorded in 2019.
  • The sharpest move saw Debt Ratio crashed 99.17% in 2019, then surged 9069.87% in 2020.
  • Over 5 years, Debt Ratio stood at 0.95 in 2017, then tumbled by 41.4% to 0.56 in 2018, then plummeted by 56.24% to 0.24 in 2019, then soared by 31.61% to 0.32 in 2020, then skyrocketed by 46.89% to 0.47 in 2021.
  • According to Business Quant data, Debt Ratio over the past three periods came in at 0.47, 0.44, and 0.45 for Q3 2021, Q2 2021, and Q1 2021 respectively.