Mag Magna (MGNC) Debt Ratio (2023 - 2026)
Mag Magna's Debt Ratio was 0.24 in fiscal Q4 2026 (quarter ended Apr 30, 2026), down 84.6% from 1.54 a year earlier.
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Analysis
Mag Magna (MGNC) Debt Ratio (2023 - 2026) Analysis & Trends
From fiscal Q4 2023 onward, Mag Magna has reported Debt Ratio for 9 quarters.
- In earlier fiscal years, Debt Ratio was 1.54 in FY2025 (+26.7%), 1.21 in FY2024 (-40.5%) and 2.04 in FY2023.
- The fiscal Q4 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 18.8%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | 0.16 |
| 2 | Southern Copper | 164.24 Bn | 143.03 Bn | 2.90 Bn | 0.33 |
| 3 | Rio Tinto | 141.58 Bn | 102.09 Bn | - | - |
| 4 | Newmont | 124.17 Bn | 92.18 Bn | 4.03 Bn | 0.09 |
| 5 | Freeport-Mcmoran | 98.56 Bn | 82.60 Bn | 2.19 Bn | 0.16 |
| 6 | Agnico Eagle Mines | 93.87 Bn | 83.50 Bn | 2.43 Bn | 0.01 |
| 7 | Barrick Mining | 69.55 Bn | 44.75 Bn | 2.90 Bn | 0.09 |
| 8 | Nucor | 59.81 Bn | 49.19 Bn | 2.03 Bn | 0.19 |
| 9 | ArcelorMittal | 48.19 Bn | 27.21 Bn | - | 0.16 |
| 10 | Mag Magna | 4.32 Mn | 4.14 Mn | - | 0.24 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 0.24 |
| 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();