Mangazeya Mining Balance Sheet Health
Financial Health criteria checks 3/6
Mangazeya Mining has a total shareholder equity of CA$70.9M and total debt of CA$230.0M, which brings its debt-to-equity ratio to 324.5%. Its total assets and total liabilities are CA$379.1M and CA$308.2M respectively. Mangazeya Mining's EBIT is CA$112.2M making its interest coverage ratio 11.1. It has cash and short-term investments of CA$27.6M.
Key information
324.5%
Debt to equity ratio
CA$230.00m
Debt
| Interest coverage ratio | 11.1x |
| Cash | CA$27.57m |
| Equity | CA$70.88m |
| Total liabilities | CA$308.21m |
| Total assets | CA$379.09m |
Recent financial health updates
Is Mangazeya Mining (CVE:MGZ.H) Using Too Much Debt?
May 11
These 4 Measures Indicate That Mangazeya Mining (CVE:MGZ.H) Is Using Debt Extensively
Jan 21Is Mangazeya Mining (CVE:MGZ.H) A Risky Investment?
Sep 15Mangazeya Mining (CVE:MGZ.H) Use Of Debt Could Be Considered Risky
May 24Recent updates
Is Mangazeya Mining (CVE:MGZ.H) Using Too Much Debt?
May 11Many Would Be Envious Of Mangazeya Mining's (CVE:MGZ.H) Excellent Returns On Capital
Mar 08These 4 Measures Indicate That Mangazeya Mining (CVE:MGZ.H) Is Using Debt Extensively
Jan 21Mangazeya Mining (CVE:MGZ.H) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Dec 06Is Mangazeya Mining (CVE:MGZ.H) A Risky Investment?
Sep 15Mangazeya Mining (CVE:MGZ.H) Might Become A Compounding Machine
Aug 10Mangazeya Mining (CVE:MGZ.H) Use Of Debt Could Be Considered Risky
May 24Some Investors May Be Worried About Mangazeya Mining's (CVE:MGZ.H) Returns On Capital
Apr 06What Percentage Of Mangazeya Mining Ltd. (CVE:MGZ.H) Shares Do Insiders Own?
Feb 12Financial Position Analysis
Short Term Liabilities: MGZ.H's short term assets (CA$134.6M) exceed its short term liabilities (CA$104.1M).
Long Term Liabilities: MGZ.H's short term assets (CA$134.6M) do not cover its long term liabilities (CA$204.1M).
Debt to Equity History and Analysis
Debt Level: MGZ.H's net debt to equity ratio (285.6%) is considered high.
Reducing Debt: MGZ.H's debt to equity ratio has increased from 26.9% to 324.5% over the past 5 years.
Debt Coverage: MGZ.H's debt is well covered by operating cash flow (39.2%).
Interest Coverage: MGZ.H's interest payments on its debt are well covered by EBIT (11.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/10/01 23:59 |
| End of Day Share Price | 2022/07/04 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mangazeya Mining Ltd. is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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