Mogo Balance Sheet Health
Financial Health criteria checks 3/6
Mogo has a total shareholder equity of CA$90.7M and total debt of CA$87.6M, which brings its debt-to-equity ratio to 96.7%. Its total assets and total liabilities are CA$206.5M and CA$115.8M respectively.
Key information
96.7%
Debt to equity ratio
CA$87.64m
Debt
Interest coverage ratio | n/a |
Cash | CA$11.80m |
Equity | CA$90.66m |
Total liabilities | CA$115.81m |
Total assets | CA$206.46m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MOGO's short term assets (CA$91.1M) exceed its short term liabilities (CA$27.1M).
Long Term Liabilities: MOGO's short term assets (CA$91.1M) exceed its long term liabilities (CA$88.7M).
Debt to Equity History and Analysis
Debt Level: MOGO's net debt to equity ratio (83.7%) is considered high.
Reducing Debt: MOGO had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 less than a year of cash runway 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 3.3% each year.