Mogo Balance Sheet Health
Financial Health criteria checks 3/6
Mogo has a total shareholder equity of CA$70.6M and total debt of CA$84.6M, which brings its debt-to-equity ratio to 119.9%. Its total assets and total liabilities are CA$183.2M and CA$112.6M respectively.
Key information
119.9%
Debt to equity ratio
CA$84.64m
Debt
Interest coverage ratio | n/a |
Cash | CA$9.77m |
Equity | CA$70.60m |
Total liabilities | CA$112.63m |
Total assets | CA$183.22m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MOGO's short term assets (CA$86.2M) exceed its short term liabilities (CA$25.8M).
Long Term Liabilities: MOGO's short term assets (CA$86.2M) do not cover its long term liabilities (CA$86.9M).
Debt to Equity History and Analysis
Debt Level: MOGO's net debt to equity ratio (106.1%) is considered high.
Reducing Debt: MOGO's debt to equity ratio has reduced from 1643.3% to 119.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MOGO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MOGO has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.5% each year.