Mawson Infrastructure Group Balance Sheet Health
Financial Health criteria checks 2/6
Mawson Infrastructure Group has a total shareholder equity of $13.0M and total debt of $19.1M, which brings its debt-to-equity ratio to 147%. Its total assets and total liabilities are $67.7M and $54.7M respectively.
Key information
147.0%
Debt to equity ratio
US$19.13m
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.37m |
| Equity | US$13.01m |
| Total liabilities | US$54.70m |
| Total assets | US$67.71m |
Recent financial health updates
Recent updates
Market Might Still Lack Some Conviction On Mawson Infrastructure Group Inc. (NASDAQ:MIGI) Even After 65% Share Price Boost
Jun 19
Does 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's short term assets ($23.9M) do not cover its short term liabilities ($54.2M).
Long Term Liabilities: MIGI's short term assets ($23.9M) exceed its long term liabilities ($451.7K).
Debt to Equity History and Analysis
Debt Level: MIGI's net debt to equity ratio (98%) is considered high.
Reducing Debt: Insufficient data to determine if MIGI's debt to equity ratio has reduced over the past 5 years.
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: MIGI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MIGI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2.7% each year