Mawson Infrastructure Group Balance Sheet Health
Financial Health criteria checks 2/6
Mawson Infrastructure Group has a total shareholder equity of $-1.6M and total debt of $21.4M, which brings its debt-to-equity ratio to -1372.8%. Its total assets and total liabilities are $60.8M and $62.3M respectively.
Key information
-1,372.8%
Debt to equity ratio
US$21.37m
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.76m |
| Equity | -US$1.56m |
| Total liabilities | US$62.32m |
| Total assets | US$60.77m |
Recent financial health updates
Recent updates
Mawson Infrastructure Group Inc.'s (NASDAQ:MIGI) Shares Leap 46% Yet They're Still Not Telling The Full Story
Nov 15
The Market Lifts Mawson Infrastructure Group Inc. (NASDAQ:MIGI) Shares 36% But It Can Do More
Aug 13Market Might Still Lack Some Conviction On Mawson Infrastructure Group Inc. (NASDAQ:MIGI) Even After 65% Share Price Boost
Jun 19Does Mawson Infrastructure Group (NASDAQ:MIGI) Have A Healthy Balance Sheet?
Jun 11Investors Give Mawson Infrastructure Group Inc. (NASDAQ:MIGI) Shares A 31% Hiding
Apr 10The Market Doesn't Like What It Sees From Mawson Infrastructure Group, Inc.'s (NASDAQ:MIGI) Revenues Yet As Shares Tumble 27%
Jan 31Analysts Just Published A Bright New Outlook For Mawson Infrastructure Group, Inc.'s (NASDAQ:MIGI)
Nov 18Mawson Infrastructure Group, Inc.'s (NASDAQ:MIGI) Share Price Boosted 36% But Its Business Prospects Need A Lift Too
Apr 17Mawson Infrastructure Group, Inc. (NASDAQ:MIGI) Just Reported And Analysts Have Been Cutting Their Estimates
Nov 17Mawson Infrastructure mines 13% more bitcoins in September vs. August
Oct 18Mawson Infrastructure Previews Growing Hosting Colocation Demand
Sep 08Mawson Infrastructure Group reports Q2 results
Aug 22Mawson Infrastructure to raise $6.4M in stock and warrants offering
Jul 18A Look At The Fair Value Of Mawson Infrastructure Group, Inc. (NASDAQ:MIGI)
Jan 24Financial Position Analysis
Short Term Liabilities: MIGI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MIGI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MIGI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MIGI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MIGI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MIGI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.7% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 10:10 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| 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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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
Mawson Infrastructure Group Inc. is covered by 3 analysts. 1 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 |
|---|---|
| Ishan Majumdar | Baptista Research |
| Joshua Siegler | Cantor Fitzgerald & Co. |
| Kevin Dede | H.C. Wainwright & Co. |