MNGG (Mining Global) Ending Cash Position: $0.01 Mil (As of Nov. 2023)

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What is Mining Global Ending Cash Position?

Mining Global MNGG -99.00% Ending Cash Position is $0.01 Mil as of Nov. 2023.

Mining Global's Ending Cash Position for the quarter that ended in Nov. 2023 was $0.01 Mil.

Mining Global's quarterly Ending Cash Position declined from May. 2023 ($0.90 Mil) to Aug. 2023 ($0.02 Mil) and declined from Aug. 2023 ($0.02 Mil) to Nov. 2023 ($0.01 Mil).

Mining Global's annual Ending Cash Position increased from Aug. 2020 ($0.02 Mil) to Aug. 2021 ($0.71 Mil) but then declined from Aug. 2021 ($0.71 Mil) to Aug. 2022 ($0.00 Mil).

Mining Global Ending Cash Position Related Terms

Mining Global Ending Cash Position Historical Data

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The historical data trend for Mining Global's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mining Global Ending Cash Position Chart

Mining Global Annual Data
Trend Aug10 Aug11 Aug12 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.03 0.02 0.71 0.00

Mining Global Quarterly Data
Feb12 May12 Aug12 Aug16 Aug17 Aug18 Aug19 Aug20 Nov20 Feb21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.88 0.90 0.02 0.01

Mining Global Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Mining Global's Ending Cash Position for the fiscal year that ended in Aug. 2022 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=0+0
=0.00

Mining Global's Ending Cash Position for the quarter that ended in Nov. 2023 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=0.02+-0.007
=0.01

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $0.01 Mil mean?
Mining Global (MNGG) has a Ending Cash Position of $0.01 Mil as of Nov. 2023. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Mining Global and its competitors.
Is Mining Global's Ending Cash Position too high?
Mining Global's current Ending Cash Position is $0.01 Mil.
How does Mining Global's Ending Cash Position compare to STAL and BMXI?
Mining Global's Ending Cash Position of $0.01 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Ending Cash Position for a Metals & Mining company?
A good Ending Cash Position depends on the Metals & Mining industry context. However, Ending Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Mining Global and its competitors. Mining Global's current Ending Cash Position is $0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mining Global stock overvalued right now?
Mining Global (MNGG) has a current Ending Cash Position of $0.01 Mil. The current Ending Cash Position is $0.01 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For Mining Global (MNGG), the current Ending Cash Position is $0.01 Mil as of Nov. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mining Global Business Description

Address 500 S Australian Avenue, Suite 600, West Palm Beach, FL, USA, 33401
Mining Global Inc is primarily engaged in the acquisition, exploration, and development of mineral properties. The company focuses on mineral deposits of lead, zinc, copper, silver, gold or uranium capable of commercial extraction.