MNGG (Mining Global) Short-Term Debt: $0.16 Mil (As of Nov. 2023)

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What is Mining Global Short-Term Debt?

Mining Global MNGG -99.00% Short-Term Debt is $0.16 Mil as of Nov. 2023.

Mining Global's Short-Term Debt for the quarter that ended in Nov. 2023 was $0.16 Mil.

Mining Global's quarterly Short-Term Debt declined from May. 2023 ($0.22 Mil) to Aug. 2023 ($0.05 Mil) but then increased from Aug. 2023 ($0.05 Mil) to Nov. 2023 ($0.16 Mil).

Mining Global's annual Short-Term Debt increased from Aug. 2020 ($0.82 Mil) to Aug. 2021 ($0.90 Mil) but then declined from Aug. 2021 ($0.90 Mil) to Aug. 2022 ($0.06 Mil).

Mining Global Short-Term Debt Explanation

Short-Term Debt represents the total amount of Long-Term Debt such as bank loans and commercial paper, which is due within one year.

Mining Global Short-Term Debt Related Terms

Mining Global Short-Term Debt Historical Data

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The historical data trend for Mining Global's Short-Term Debt 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 Short-Term Debt Chart

Mining Global Annual Data
Trend Aug10 Aug11 Aug12 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Short-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.79 0.82 0.90 0.06

Mining Global Quarterly Data
Feb12 May12 Aug12 Aug16 Aug17 Aug18 Aug19 Aug20 Nov20 Feb21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Short-Term Debt 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 0.27 0.20 0.22 0.05 0.16
Frequently Asked Questions Learn more about Short-Term Debt →
What does a Short-Term Debt of $0.16 Mil mean?
Mining Global (MNGG) has a Short-Term Debt of $0.16 Mil as of Nov. 2023.
Is Mining Global's Short-Term Debt too high?
Mining Global's current Short-Term Debt is $0.16 Mil.
How does Mining Global's Short-Term Debt compare to STAL and BMXI?
Mining Global's Short-Term Debt of $0.16 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 Short-Term Debt for a Metals & Mining company?
A good Short-Term Debt depends on the Metals & Mining industry context. However, Short-Term Debt 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 Short-Term Debt mean?
A high Short-Term Debt can signal that a stock is expensive relative to its fundamentals. Mining Global's current Short-Term Debt is $0.16 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 Short-Term Debt of $0.16 Mil. The current Short-Term Debt is $0.16 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Short-Term Debt calculated?
Short-Term Debt is calculated from a company's financial statements. For Mining Global (MNGG), the current Short-Term Debt is $0.16 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.