Bankruptcy Probability

Magna Mining Inc's probability of bankruptcy is 2.2%, pointing to a small but noticeable default risk. The solvency score is 54/100 — a warning sign of potential financial weakness.

We take all the information about a company's solvency, such as how easily it can pay interest on outstanding debt, how much cash it has, the amount of debt, and more, and use it to estimate the probability of bankruptcy.

Moderate
Probability of Bankruptcy

Financial Position

Cash & Short-Term Investments
+
3Y
+1 070%
5Y
-
10Y
-
Long-Term Investments
+
3Y
-
5Y
-
10Y
-
Debt
+
3Y
+22 634%
5Y
-
10Y
-

Solvency Ratios

Solvency Ratios Comparison
Magna Mining Inc Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
CA
Magna Mining Inc
XTSX:NICU
531.8m CAD
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
CN
Tongling Nonferrous Metals Group Co Ltd
SZSE:000630
67.6B CNY
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
AU
Nickel Mines Ltd
ASX:NIC
3.1B AUD
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
AU
Hillgrove Resources Ltd
OTC:HLGVD
2B USD
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
CA
Lion Copper and Gold Corp
OTC:LCGMF
1.8B USD
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
CN
Dezhan HealthCare Co Ltd
SZSE:000813
6.3B CNY
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
CL
Marimaca Copper Corp
TSX:MARI
965.1m CAD
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
AU
ENRG Elements Ltd
OTC:EELFF
64.8m USD
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
AU
Nordic Nickel Ltd
ASX:NNL
67.9m AUD
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
CA
Libero Copper & Gold Corp
XTSX:CGNT
61.9m CAD
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
AU
Pepinnini Minerals Ltd
ASX:PNN
61.3m AUD
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
No Stocks Found
Is Magna Mining Inc at risk of bankruptcy?

Magna Mining Inc's probability of bankruptcy is 2.2%, pointing to a small but noticeable default risk.

The probability of bankruptcy is estimated using credit risk models that assess financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does Magna Mining Inc have?

As of the latest report, Magna Mining Inc has total debt of 14.9m CAD. This includes both short-term (0 CAD) and long-term (14.9m CAD) debt.

You can find a full breakdown on its Balance Sheet.

Back to Top