MGAG (Mortgage Oil) Total Liabilities: $0.11 Mil (As of Jun. 2023)

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MGAG Mortgage Oil Corp MGAG
12 GF Score
Price $280.00
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What is Mortgage Oil Total Liabilities?

Mortgage Oil MGAG 12 Total Liabilities is $0.11 Mil as of Jun. 2023. GuruFocus rates MGAG with a GF Score™ of 12/100.

Mortgage Oil's Total Liabilities for the quarter that ended in Jun. 2023 was $0.11 Mil.

Mortgage Oil's quarterly Total Liabilities increased from Dec. 2022 ($0.13 Mil) to Mar. 2023 ($0.27 Mil) but then declined from Mar. 2023 ($0.27 Mil) to Jun. 2023 ($0.11 Mil).

Mortgage Oil's annual Total Liabilities increased from Dec. 2020 ($0.01 Mil) to Dec. 2021 ($0.03 Mil) and increased from Dec. 2021 ($0.03 Mil) to Dec. 2022 ($0.13 Mil).

Mortgage Oil Total Liabilities Historical Data

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The historical data trend for Mortgage Oil's Total Liabilities 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.

Mortgage Oil Total Liabilities Chart

Mortgage Oil Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Liabilities
0.01 0.01 0.03 0.13

Mortgage Oil Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Total Liabilities 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 0.09 0.16 0.13 0.27 0.11
MGAG
12GF Score
Mortgage Oil Corp MGAG
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Mortgage Oil Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Mortgage Oil's Total Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=0.131+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=0.13

Total Liabilities=Total Assets (A: Dec. 2022 )-Total Equity (A: Dec. 2022 )
=0.17-0.039
=0.13

Mortgage Oil's Total Liabilities for the quarter that ended in Jun. 2023 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=0.113+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=0.11

Total Liabilities=Total Assets (Q: Jun. 2023 )-Total Equity (Q: Jun. 2023 )
=0.825-0.712
=0.11

* 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 Total Liabilities →
What does a Total Liabilities of $0.11 Mil mean?
Mortgage Oil (MGAG) has a Total Liabilities of $0.11 Mil as of Jun. 2023. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Mortgage Oil and its competitors.
Is Mortgage Oil's Total Liabilities too high?
Mortgage Oil's current Total Liabilities is $0.11 Mil. Overall, Mortgage Oil has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mortgage Oil's Total Liabilities compare to AOXY and PACQF?
Mortgage Oil's Total Liabilities of $0.11 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for a Real Estate company?
A good Total Liabilities depends on the Real Estate industry context. However, Total Liabilities 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 Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Mortgage Oil and its competitors. Mortgage Oil's current Total Liabilities is $0.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mortgage Oil stock overvalued right now?
Mortgage Oil (MGAG) has a current Total Liabilities of $0.11 Mil. The current Total Liabilities is $0.11 Mil. Mortgage Oil's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Mortgage Oil (MGAG), the current Total Liabilities is $0.11 Mil as of Jun. 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.

Mortgage Oil Business Description

Address 400 South Hope Street, Suite 1100, Los Angeles, CA, USA, 90071
Mortgage Oil Corp invests in limited partnerships and limited liability companies owning multi-family residential apartment complexes and industrial real estate in the United States. The organization also invests in limited liability companies owning private equity investments.
12GF Score

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$280.00
Price