CMG Holdings Group, Inc.

OTCPK:CMGO Stock Report

Market Cap: US$789.6k

CMG Holdings Group Balance Sheet Health

Financial Health criteria checks 3/6

CMG Holdings Group has a total shareholder equity of $611.4K and total debt of $787.0K, which brings its debt-to-equity ratio to 128.7%. Its total assets and total liabilities are $2.0M and $1.4M respectively.

Key information


Debt to equity ratio



Interest coverage ration/a
Total liabilitiesUS$1.38m
Total assetsUS$1.99m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CMGO's short term assets ($2.0M) 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 (89.4%) 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 operating cash flow is negative, therefore debt is not well covered.

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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