Magontec

Magontec Current Ratio

The Current Ratio of Magontec (MGL.AX) as of Oct 11, 2026 is 2.15. In the previous year, Current Ratio was 4.89 — a change of -56.02% (lower).

Current Ratio

2.15

YoY

-56.02%

Last updated:

Current Ratio of Magontec is 2025 2.15 . Current Ratio of Magontec was 2024 4.89 . It decreases by -56.02% lower compared to the previous year.
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Magontec Stock analysis

What does Magontec do? Magontec Ltd specializes in the production and distribution of magnesium-based materials. The company was founded in 2004 in Australia and operates worldwide, with offices in Europe, Asia, and the US. Magontec's main activities include the production of magnesium alloys, magnesium oxide, and magnesium salts. These materials are used in various industries such as automotive, aerospace, electronics, construction, and ceramics. The company also provides equipment for electrolysis processes used in metallurgy, chemistry, and recycling. In addition, Magontec is a major supplier to the refractory industry, producing fire-resistant materials for durable and heat-resistant machine parts. Furthermore, Magontec specializes in manufacturing alloys for the solar energy industry and collaborates with research institutions to develop innovative solutions for its customers. In summary, Magontec Ltd is a leading provider of magnesium-based materials for various industries. The company has extensive experience in producing alloys for automotive, aerospace, and electronics industries, as well as being a significant supplier to the refractory and solar energy sectors. With a strong research and development team, Magontec is well-positioned to offer innovative solutions and technologies to its customers. Magontec is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Magontec stock

Current Ratio of Magontec is 2.15 in 2025.

Current Ratio of Magontec changed from 4.89 to 2.15, representing a -56.02% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Current Ratio Magontec since 2006 – with annual values, charts, and detailed analysis.

The Current Ratio measures a company's ability to pay short-term obligations. A ratio above 1 indicates that current assets exceed current liabilities.

Current Ratio = Current Assets / Current Liabilities

A 'good' varies by industry and company stage. On Eulerpool, you can compare Current Ratio's Magontec with sector peers and the industry average to assess whether it is attractive.

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