Mawson Infrastructure Group Balance Sheet Health
Financial Health criteria checks 1/6
Mawson Infrastructure Group has a total shareholder equity of $40.1M and total debt of $17.8M, which brings its debt-to-equity ratio to 44.4%. Its total assets and total liabilities are $87.8M and $47.8M respectively.
Key information
44.4%
Debt to equity ratio
US$17.78m
Debt
Interest coverage ratio | n/a |
Cash | US$1.50m |
Equity | US$40.05m |
Total liabilities | US$47.78m |
Total assets | US$87.84m |
Recent financial health updates
Recent updates
The 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 ($13.7M) do not cover its short term liabilities ($46.6M).
Long Term Liabilities: MIGI's short term assets ($13.7M) exceed its long term liabilities ($1.2M).
Debt to Equity History and Analysis
Debt Level: MIGI's net debt to equity ratio (40.7%) 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 less than a year of cash runway 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 24.7% each year