Mawson Infrastructure Group (Mawson Infrastructure Group) Debt-to-Equity : 0.75 (As of Dec. 2023)

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What is Mawson Infrastructure Group Debt-to-Equity?

Mawson Infrastructure Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $20.80 Mil. Mawson Infrastructure Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.07 Mil. Mawson Infrastructure Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $29.24 Mil. Mawson Infrastructure Group's debt to equity for the quarter that ended in Dec. 2023 was 0.75.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Mawson Infrastructure Group's Debt-to-Equity or its related term are showing as below:

MIGI' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.45 Med: 0.04 Max: 12.43
Current: 0.75

During the past 13 years, the highest Debt-to-Equity Ratio of Mawson Infrastructure Group was 12.43. The lowest was -1.45. And the median was 0.04.

MIGI's Debt-to-Equity is ranked worse than
66.72% of 610 companies
in the Capital Markets industry
Industry Median: 0.375 vs MIGI: 0.75

Mawson Infrastructure Group Debt-to-Equity Historical Data

The historical data trend for Mawson Infrastructure Group's Debt-to-Equity 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.

* Premium members only.

Mawson Infrastructure Group Debt-to-Equity Chart

Mawson Infrastructure Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.04

0.05

0.20

0.41

0.75

Mawson Infrastructure Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.41	0.38	0.43	0.50	0.75

Competitive Comparison of Mawson Infrastructure Group's Debt-to-Equity

For the Capital Markets subindustry, Mawson Infrastructure Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mawson Infrastructure Group's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mawson Infrastructure Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mawson Infrastructure Group's Debt-to-Equity falls into.

Mawson Infrastructure Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mawson Infrastructure Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(20.802	+	1.066)	/	29.238
	=	0.75

Mawson Infrastructure Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(20.802	+	1.066)	/	29.238
	=	0.75

Mawson Infrastructure Group (NAS:MIGI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Mawson Infrastructure Group Debt-to-Equity Related Terms

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Mawson Infrastructure Group (Mawson Infrastructure Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Mawson Infrastructure Group Inc (NAS:MIGI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 Clark Street, Sharon, PA, USA, 16146

Website

https://www.mawsoninc.com

Mawson Infrastructure Group Inc is a digital infrastructure provider, with diversified operations across Cryptocurrency Mining and Digital Asset Management. Its mission is to build a bridge between the rapidly emerging digital asset industry and traditional capital markets, with a strong focus on shareholder returns.

Executives

Rahul Mewawalla	director	265 TURNER DRIVE, DURANGO CO 80202
Michael Forrest Hughes	director	21/6A GREENKNOWE AVE, ELIZABETH BAY C3 2011
Ariel Humberto Sivikofsky	officer: Principal Accounting Officer	207-209 DERRIBONG DRIVE, CORDEAUX HEIGHTS C3 2526
Nicholas Jeremy Hughes-jones	officer: Chief Commercial Officer	LEVEL 5, 97 PACIFIC HIGHWAY, NORTH SYDNEY C3 2060
Hetal Majithia	officer: Chief Financial Officer	5/44 BAYSWATER ROAD, RUSHCUTTERS BAY C3 2011
James Edward Manning	director, 10 percent owner, officer: Chief Executive Officer	301 EDGECLIFF RD, WOOLLAHRA C3 2025
Martin Gregory John Walton	director	65 NEERIM ROAD, CASTLE COVE C3 2069
Jonathan Brian Rubini	10 percent owner	2655 MARSTON DRIVE, ANCHORAGE AK 99517
Noam Danenberg	officer: Chief Operating Officer	4 BOROCHOV ST, HOD HASHARON L3 4520404
Or Eisenberg	officer: Acting CEO, CFO, Treas & Secy.	2 WISSOTZKY ST, TEL AVIV L3 6250204
Liam Daniel Wilson	officer: Chief Operating Officer	APARTMENT PHE, 100 JANE ST, WEST VILLAGE NY 10014
Rimon Gold Assets Ltd	10 percent owner	RAVEN RAVID & CO., 32A HABARZEL ST., TEL AVIV L3 6971047
Mark M Sieczkarek	director, officer: Chairman
Michael Belkin	director	4 ALONIM ST., GIVATE, SHMUEL L3 54044
Yaakov Zarachia	10 percent owner	10 TZEMACH TZEDEK ST., LOD L3 7132130