CMG Holdings Group, Inc.

OTCPK:CMGO Stock Report

Market Cap: US$767.7k

CMG Holdings Group Balance Sheet Health

Financial Health criteria checks 3/6

CMG Holdings Group has a total shareholder equity of $448.0K and total debt of $787.0K, which brings its debt-to-equity ratio to 175.7%. Its total assets and total liabilities are $1.9M and $1.4M respectively.

Key information

175.7%

Debt to equity ratio

US$787.00k

Debt

Interest coverage ration/a
CashUS$146.62k
EquityUS$447.99k
Total liabilitiesUS$1.44m
Total assetsUS$1.89m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CMGO's short term assets ($1.9M) exceed its short term liabilities ($1.4M).

Long Term Liabilities: CMGO has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: CMGO's net debt to equity ratio (142.9%) is considered high.

Reducing Debt: CMGO had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: CMGO's debt is not well covered by operating cash flow (4.4%).

Interest Coverage: Insufficient data to determine if CMGO's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 08:14
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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

CMG Holdings Group, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
D. CohenCohen Grassroots Research