Mobile Global Esports Inc.

NASDAQ:MGAM USA Electronic Gaming & Multimedia
Market Cap
$2.73 Million
Market Cap Rank
#34901 Global
#11384 in USA
Share Price
$0.05
Change (1 day)
-43.75%
52-Week Range
$0.02 - $0.24
All Time High
$12.98
About

Mobile Global Esports Inc., gaming and digital entertainment company, operates in the esports business. It organizes and commercializes various virtual esports events. The company engages in developing Dominus, a proprietary fantasy simulation and scoring engine. The company was formerly known as Elite Esports, Inc. and changed its name to Mobile Global Esports Inc. in April 2021. Mobile Global E… Read more

Mobile Global Esports Inc. (MGAM) - Total Liabilities

Latest total liabilities as of September 2025: $768.73K USD

Based on the latest financial reports, Mobile Global Esports Inc. (MGAM) has total liabilities worth $768.73K USD as of September 2025.

Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.

Mobile Global Esports Inc. - Total Liabilities Trend (2021–2024)

This chart illustrates how Mobile Global Esports Inc.'s total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.

Mobile Global Esports Inc. Competitors by Total Liabilities

The table below lists competitors of Mobile Global Esports Inc. ranked by their total liabilities.

Company Country Total Liabilities
Ever Shine Textile Industry
JK:ESTI
Indonesia Rp504.43 Billion
Getty Copper Inc
PINK:GTCDF
USA $3.55 Million
Go Green Global Tech
OTCQB:GOGR
USA $1.60 Million
Michman Basad Ltd
TA:MCMN
Israel ILA847.65 Million
Bluejay Diagnostics Inc
NASDAQ:BJDX
USA $1.14 Million
SIMPSON MANUFACTRNG
MU:TWL
Germany €1.01 Billion
MITSUI MNG & SMLT
DU:MMG
Germany €310.01 Billion

Liability Composition Analysis (2021–2024)

This chart breaks down Mobile Global Esports Inc.'s total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric Value Description
Current Ratio 1.12 Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio N/A More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio N/A Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity 3.48 Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets 0.79 Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Mobile Global Esports Inc.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Mobile Global Esports Inc. (2021–2024)

The table below shows the annual total liabilities of Mobile Global Esports Inc. from 2021 to 2024.

Year Total Liabilities Change
2024-12-31 $82.08K -74.68%
2023-12-31 $324.14K +31.62%
2022-12-31 $246.27K +674.09%
2021-12-31 $31.81K --