According to Magmatic Resources latest financial reports the total debt is $19.80K, an decrease of -61.65% to 2020. At the end of 2020 company had $51.63K total debt. This figure represents the debts and financial obligations that Magmatic Resources combine short-term debt, long-term debt, and other fixed payment obligations (such as capital leases) of a business that are incurred while under normal operating cycles.
Year | Total debt | Change |
---|---|---|
2021 | $19.80K | -61.65% |
2020 | $51.63K | - |