CMGO (CMG Holdings Group) Liabilities-to-Assets : 0.76 (As of Sep. 2024)

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What is CMG Holdings Group Liabilities-to-Assets?

CMG Holdings Group CMGO -99.50% Liabilities-to-Assets is 0.76 as of Sep. 2024.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. CMG Holdings Group's Total Liabilities for the quarter that ended in Sep. 2024 was $1.44 Mil. CMG Holdings Group's Total Assets for the quarter that ended in Sep. 2024 was $1.89 Mil. Therefore, CMG Holdings Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.76.

CMG Holdings Group  (OTCPK:CMGO) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

CMG Holdings Group Liabilities-to-Assets Related Terms

CMG Holdings Group Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for CMG Holdings Group's Liabilities-to-Assets 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.

CMG Holdings Group Liabilities-to-Assets Chart

CMG Holdings Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 1.12 0.60 0.63 0.69

CMG Holdings Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Liabilities-to-Assets 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 0.73 0.69 0.71 0.70 0.76

CMGO vs NWCN, MMND, DBMM: Liabilities-to-Assets Comparison

For the Advertising Agencies subindustry, CMG Holdings Group's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CMG Holdings Group Liabilities-to-Assets vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CMG Holdings Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where CMG Holdings Group's Liabilities-to-Assets falls into.


CMG Holdings Group Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

CMG Holdings Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=1.378/1.99
=0.69

CMG Holdings Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=1.439/1.887
=0.76

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.76 mean?
CMG Holdings Group (CMGO) has a Liabilities-to-Assets of 0.76 as of Sep. 2024. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on CMG Holdings Group and its competitors.
Is CMG Holdings Group's Liabilities-to-Assets too high?
CMG Holdings Group's current Liabilities-to-Assets is 0.76.
How does CMG Holdings Group's Liabilities-to-Assets compare to NWCN and MMND?
CMG Holdings Group's Liabilities-to-Assets of 0.76 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Media - Diversified company?
A good Liabilities-to-Assets depends on the Media - Diversified industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on CMG Holdings Group and its competitors. CMG Holdings Group's current Liabilities-to-Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMG Holdings Group stock overvalued right now?
CMG Holdings Group (CMGO) has a current Liabilities-to-Assets of 0.76. The current Liabilities-to-Assets is 0.76. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For CMG Holdings Group (CMGO), the current Liabilities-to-Assets is 0.76 as of Sep. 2024. 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.

CMG Holdings Group Business Description

Address 2130 North Lincoln Park West 8 North, Chicago, IL, USA, 60614
CMG Holdings Group Inc is a marketing communications company focused on the operation of organizations in the alternative advertising, digital media, experiential and interactive marketing, and entertainment industries. It operates in two segments: XA and CMG Holding Group.