Mongolia Growth Group Balance Sheet Health
Financial Health criteria checks 6/6
Mongolia Growth Group has a total shareholder equity of CA$48.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$50.5M and CA$2.6M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$5.00m |
Equity | CA$47.97m |
Total liabilities | CA$2.57m |
Total assets | CA$50.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1M8's short term assets (CA$5.7M) exceed its short term liabilities (CA$1.9M).
Long Term Liabilities: 1M8's short term assets (CA$5.7M) exceed its long term liabilities (CA$722.7K).
Debt to Equity History and Analysis
Debt Level: 1M8 is debt free.
Reducing Debt: 1M8 has no debt compared to 5 years ago when its debt to equity ratio was 2.3%.
Debt Coverage: 1M8 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1M8 has no debt, therefore coverage of interest payments is not a concern.