Mongolia Growth Group Balance Sheet Health
Financial Health criteria checks 4/6
Mongolia Growth Group has a total shareholder equity of CA$49.2M and total debt of CA$20.0K, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are CA$58.2M and CA$9.0M respectively.
Key information
0.04%
Debt to equity ratio
CA$20.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$9.74m |
Equity | CA$49.16m |
Total liabilities | CA$9.03m |
Total assets | CA$58.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MNGG.F's short term assets (CA$10.2M) exceed its short term liabilities (CA$8.5M).
Long Term Liabilities: MNGG.F's short term assets (CA$10.2M) exceed its long term liabilities (CA$500.5K).
Debt to Equity History and Analysis
Debt Level: MNGG.F has more cash than its total debt.
Reducing Debt: MNGG.F's debt to equity ratio has reduced from 2.3% to 0.04% over the past 5 years.
Debt Coverage: MNGG.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MNGG.F's interest payments on its debt are well covered by EBIT.