Mining Global Financials

No, Mining Global (MNGG) reported a net income of -$4.7M in fiscal year 2012.

Mining Global (MNGG) reported diluted earnings per share of $-0.59 for fiscal year 2012. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Mining Global (MNGG) generated -$139K in operating cash flow during fiscal year 2012, representing cash generated from core business activities.

Mining Global (MNGG) had $38K in total assets as of fiscal year 2012, including both current and long-term assets.

Mining Global (MNGG) had 70M shares outstanding as of fiscal year 2012.

Mining Global (MNGG) had a current ratio of 0.01 as of fiscal year 2012, which is below 1.0, which may suggest potential liquidity concerns.

Mining Global (MNGG) had a debt-to-equity ratio of -1.01 as of fiscal year 2012, measuring the company's financial leverage by comparing total debt to shareholder equity.

Mining Global (MNGG) had a return on assets of -12592.5% for fiscal year 2012, measuring how efficiently the company uses its assets to generate profit.

Mining Global (MNGG) has negative shareholder equity of -$3.3M as of fiscal year 2012, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

Mining Global (MNGG) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Mining Global (MNGG) has an earnings quality ratio of 0.03x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.