Mining Global Inc
Mining Global Inc., an exploration stage company, operates in the gold mining business. It also explores for precious metals. The company was formerly known as Yaterra Ventures Corp. and changed its name to Mining Global Inc. in August 2014. The company was incorporated in 2006 and is based in West Palm Beach, Florida.
Mining Global Inc (MNGG) - Total Liabilities
Latest total liabilities as of November 2023: $172.91K USD
Based on the latest financial reports, Mining Global Inc (MNGG) has total liabilities worth $172.91K USD as of November 2023.
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.
Mining Global Inc - Total Liabilities Trend (2008–2023)
This chart illustrates how Mining Global Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Mining Global Inc Competitors by Total Liabilities
The table below lists competitors of Mining Global Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Mentor Capital Inc.
OTCQB:MNTR
|
USA | $545.69K |
|
Ankit Metal & Power Limited
NSE:ANKITMETAL
|
India | ₹10.32 Billion |
|
Hubilu Venture Corporation
PINK:HBUV
|
USA | $25.29 Million |
|
Benz Mining Corp
PINK:BENZF
|
USA | $6.01 Million |
|
KORE Mining Ltd
PINK:KOREF
|
USA | $3.25 Million |
|
Thirdeye Systems Ltd
TA:THES
|
Israel | ILA18.68 Million |
|
Backstageplay Inc
PINK:PRYNF
|
USA | $525.84K |
Liability Composition Analysis (2008–2023)
This chart breaks down Mining Global 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 | 0.08 | 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 | -1.08 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 13.16 | 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 Mining Global Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Mining Global Inc (2008–2023)
The table below shows the annual total liabilities of Mining Global Inc from 2008 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-08-31 | $56.25K | -7.75% |
| 2022-08-31 | $60.97K | -91.64% |
| 2021-08-31 | $729.75K | -47.34% |
| 2020-08-31 | $1.39 Million | +1.54% |
| 2019-08-31 | $1.36 Million | +1.48% |
| 2018-08-31 | $1.34 Million | +28.23% |
| 2015-08-31 | $1.05 Million | -68.90% |
| 2013-08-31 | $3.37 Million | 0.00% |
| 2012-08-31 | $3.37 Million | +594.85% |
| 2011-08-31 | $485.37K | +57.42% |
| 2010-08-31 | $308.33K | +95.50% |
| 2009-08-31 | $157.71K | +884.96% |
| 2008-08-31 | $16.01K | -- |