What is the level of liabilities of Magellan Financial Group this year?
Magellan Financial Group has a debt balance of 69.71 M AUD this year.
In 2024, Magellan Financial Group's total liabilities amounted to 69.71 M AUD, a -67.52% difference from the 214.64 M AUD total liabilities in the previous year.
Magellan Financial Group's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Magellan Financial Group's financial stability, operational efficiency, and long-term viability.
By comparing Magellan Financial Group's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Magellan Financial Group's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Shifts in Magellan Financial Group’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Magellan Financial Group has a debt balance of 69.71 M AUD this year.
The liabilities of Magellan Financial Group have increased by -67.52% dropped compared to the previous year.
High liabilities can pose a risk for investors of Magellan Financial Group, as they can weaken the company's financial position and impair its ability to meet its obligations.
Low liabilities mean that Magellan Financial Group has a strong financial position and is able to meet its obligations without overburdening its finances.
An increase in liabilities of Magellan Financial Group can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
A decrease in the liabilities of Magellan Financial Group can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
Some factors that can influence the liabilities of Magellan Financial Group include investments, acquisitions, operating costs, and sales development.
The liabilities of Magellan Financial Group are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
To change its liabilities, Magellan Financial Group can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
Over the past 12 months, Magellan Financial Group paid a dividend of 0.79 AUD . This corresponds to a dividend yield of about 7.09 %. For the coming 12 months, Magellan Financial Group is expected to pay a dividend of 0.68 AUD.
The current dividend yield of Magellan Financial Group is 7.09 %.
Magellan Financial Group pays a quarterly dividend. This is distributed in the months of March, September, March, September.
Magellan Financial Group paid dividends every year for the past 19 years.
For the upcoming 12 months, dividends amounting to 0.68 AUD are expected. This corresponds to a dividend yield of 6.1 %.
Magellan Financial Group is assigned to the 'Finance' sector.
To receive the latest dividend of Magellan Financial Group from 9/4/2024 amounting to 0.434 AUD, you needed to have the stock in your portfolio before the ex-date on 8/20/2024.
The last dividend was paid out on 9/4/2024.
In the year 2023, Magellan Financial Group distributed 1.183 AUD as dividends.
The dividends of Magellan Financial Group are distributed in AUD.
Our stock analysis for Magellan Financial Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Magellan Financial Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.