MNGG (Mining Global) Total Liabilities: $0.17 Mil (As of Nov. 2023)


What is Mining Global Total Liabilities?

Mining Global MNGG -99.00% Total Liabilities is $0.17 Mil as of Nov. 2023.

Mining Global's Total Liabilities for the quarter that ended in Nov. 2023 was $0.17 Mil.

Mining Global's quarterly Total Liabilities declined from May. 2023 ($0.90 Mil) to Aug. 2023 ($0.06 Mil) but then increased from Aug. 2023 ($0.06 Mil) to Nov. 2023 ($0.17 Mil).

Mining Global's annual Total Liabilities declined from Aug. 2020 ($1.39 Mil) to Aug. 2021 ($0.73 Mil) and declined from Aug. 2021 ($0.73 Mil) to Aug. 2022 ($0.06 Mil).

Mining Global Total Liabilities Historical Data

* Premium members only.

The historical data trend for Mining Global'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.

Mining Global Total Liabilities Chart

Mining Global Annual Data
Trend Aug10 Aug11 Aug12 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.35 1.37 1.39 0.73 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
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.87 0.90 0.06 0.17

Mining Global 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.

Mining Global's Total Liabilities for the fiscal year that ended in Aug. 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
=0.061+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=0.06

Total Liabilities=Total Assets (A: Aug. 2022 )-Total Equity (A: Aug. 2022 )
=N/A--0.061
=N/A

Mining Global's Total Liabilities for the quarter that ended in Nov. 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
=0.173+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=0.17

Total Liabilities=Total Assets (Q: Nov. 2023 )-Total Equity (Q: Nov. 2023 )
=0.013--0.16
=0.17

* 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 $0.17 Mil mean?
Mining Global (MNGG) has a Total Liabilities of $0.17 Mil as of Nov. 2023. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Mining Global and its competitors.
Is Mining Global's Total Liabilities too high?
Mining Global's current Total Liabilities is $0.17 Mil.
How does Mining Global's Total Liabilities compare to STAL and BMXI?
Mining Global's Total Liabilities of $0.17 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 Total Liabilities for a Metals & Mining company?
A good Total Liabilities depends on the Metals & Mining 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 Mining Global and its competitors. Mining Global's current Total Liabilities is $0.17 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 Total Liabilities of $0.17 Mil. The current Total Liabilities is $0.17 Mil. 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 Mining Global (MNGG), the current Total Liabilities is $0.17 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.