Mag Magna (MGNC) Debt Ratio (2023 - 2025)
Mag Magna's Debt Ratio was 0.77 in fiscal Q1 2026 (quarter ended Jul 31, 2025), down 43.1% from 1.35 a year earlier and down 50.1% from the prior quarter.
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Analysis
Mag Magna (MGNC) Debt Ratio (2023 - 2025) Analysis & Trends
For FY2025 (ended Apr 30, 2025), Debt Ratio at Mag Magna came in at 1.54, up 26.7% from FY2024.
- In earlier fiscal years, Debt Ratio was 1.21 in FY2024 (-40.5%) and 2.04 in FY2023.
- The fiscal Q1 2026 figure marks the lowest quarterly Debt Ratio in data going back to fiscal Q4 2023.
- Compared with a year earlier, Debt Ratio was higher in two of the last four quarters, with an average decline of 7.8%.
- Per Business Quant data, MGNC's Debt Ratio in the three fiscal quarters before Q1 2026 was 1.54 (Q4 2025), 1.55 (Q3 2025) and 1.21 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | 0.00 |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 0.33 |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 0.09 |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 0.32 |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 0.16 |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 0.01 |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 0.00 |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 0.19 |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 0.24 |
| 10 | Mag Magna | 3.35 Mn | 3.31 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2025 | 0.77 |
| Apr 30, 2025 | 1.54 |
| Jan 31, 2025 | 1.55 |
| Oct 31, 2024 | 1.21 |
| Jul 31, 2024 | 1.35 |
| Apr 30, 2024 | 1.21 |
| Jan 31, 2024 | 1.23 |
| Apr 30, 2023 | 2.04 |
API Access
Mag Magna Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=MGNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "MGNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=MGNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();