Millennium Group International Holdings Limited (MGIH) Balance Sheet
MGIH balance sheet, FY2025
June 30, 2025 · U.S. dollars$36.2M assets = $11.3M liabilities + $24.9M equity
Both columns are drawn to the same scale: what MGIH owns equals what it owes plus shareholders’ equity. Hover a block for its value.
MGIH financial health
Descriptive bands, not a rating. Fiscal FY2025.
MGIH balance sheet trends, FY2020–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $73.8MFY2020 | $36.2MFY2025 | −13.3%/yr | |
| Total liabilities | $49.2MFY2020 | $11.3MFY2025 | −25.4%/yr | |
| Shareholders’ equity | $24.6MFY2020 | $24.9MFY2025 | +0.2%/yr | |
| Cash & short-term investments | $23.4MFY2020 | $10.8MFY2025 | −14.4%/yr | |
| Total debt | $21.8MFY2020 | $6.5MFY2025 | −21.5%/yr | |
| Net cash (debt) | $1.6MFY2020 | $4.3MFY2025 | +$2.7M | |
| Working capital | $2.8MFY2020 | $9.7MFY2025 | +$6.9M | |
| Book value per share | $0.99FY2020 | $2.21FY2025 | +17.6%/yr | |
| Current ratio | 1.06FY2020 | 1.87FY2025 | +0.81 | |
| Debt / equity | 0.89FY2020 | 0.26FY2025 | −0.62 | |
| Shares outstanding | 25.0MFY2020 | 11.2MFY2025 | −14.8%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
MGIH assets
MGIH liabilities and equity
MGIH debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
MGIH balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & short-term investments | $10.8M | $13.3M | $27.6M | $18.8M | $21.3M | $23.4M |
| Cash & equivalents | $10.8M | $13.3M | $27.6M | $18.8M | $21.3M | $23.4M |
| Receivables | $7.9M | $9.8M | $10.5M | $18.1M | $20.5M | $20.2M |
| Inventory | $1.5M | $3.7M | $5.6M | $9.8M | $9.7M | $7.5M |
| Other current assets | $579,413 | $892,649 | $790,939 | $1.5M | $1.0M | $806,544 |
| Total current assets | $20.8M | $27.8M | $44.5M | $48.3M | $52.5M | $51.9M |
| Property, plant & equipment (net) | $10.6M | $11.3M | $12.1M | $14.9M | $17.5M | $19.4M |
| Goodwill & intangible assets | $100,667 | $197,787 | $291,559 | $432,972 | $554,759 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $4.7M | $4.4M | $2.2M | $2.4M | $2.2M | $2.5M |
| Total assets | $36.2M | $43.6M | $59.0M | $66.0M | $72.7M | $73.8M |
| Liabilities | ||||||
| Accounts payable | $3.6M | $3.6M | $3.4M | $5.7M | $4.9M | $4.4M |
| Short-term debt | $6.3M | $5.8M | $13.6M | $16.6M | $19.5M | $21.8M |
| Deferred revenue | $116,700 | $63,005 | $117,128 | $74,233 | $18,812 | $291,620 |
| Total current liabilities | $11.1M | $12.1M | $19.1M | $25.8M | $41.3M | $49.2M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | $675,511 | $195,481 | $919,461 | $1.7M | — |
| Other long-term liabilities | $187,354 | $456,933 | $37,992 | $146,927 | $915,964 | $54,767 |
| Total liabilities | $11.3M | $12.6M | $19.1M | $25.9M | $42.2M | $49.2M |
| Shareholders' equity | ||||||
| Common stock & paid-in capital | $22,500 | $22,500 | $22,500 | $20,000 | $20,000 | $10,000 |
| Retained earnings (deficit) | −$6.8M | −$498,455 | $8.3M | $8.6M | $11.8M | $25.8M |
| Accumulated other comprehensive income | −$2.7M | −$2.8M | −$2.7M | $320,467 | $1.1M | −$1.3M |
| Total shareholders' equity | $24.9M | $31.0M | $39.9M | $40.1M | $30.5M | $24.6M |
| Key figures | ||||||
| Total debt | $6.5M | $6.3M | $13.6M | $16.7M | $20.4M | $21.8M |
| Net cash (debt) | $4.3M | $7.1M | $14.0M | $2.1M | $864,280 | $1.6M |
| Working capital | $9.7M | $15.6M | $25.4M | $22.5M | $11.2M | $2.8M |
| Tangible book value | $24.8M | $30.8M | $39.6M | $39.7M | $30.0M | $24.6M |
| Book value per share | $2.21 | $2.76 | $3.88 | $3.56 | $2.71 | $0.99 |
| Shares outstanding | 11.2M | 11.2M | 10.3M | 11.2M | 11.2M | 25.0M |
| Current ratio | 1.87 | 2.29 | 2.33 | 1.87 | 1.27 | 1.06 |
| Quick ratio | 1.68 | 1.91 | 2.00 | 1.43 | 1.01 | 0.89 |
| Debt / equity | 0.26 | 0.20 | 0.34 | 0.42 | 0.67 | 0.89 |
| Equity / assets | 68.7% | 71.1% | 67.6% | 60.7% | 42.0% | 33.4% |
| Mar '26 | Dec '25 | Sep '25 | Dec '24 | Sep '24 | Jun '24 | Dec '23 | Sep '23 | Jun '23 | Dec '22 | Jun '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & short-term investments | $6.9M | $6.9M | $10.8M | $11.2M | $13.3M | $13.3M | $23.4M | $27.6M | $27.6M | $26.3M | $18.8M |
| Cash & equivalents | $6.9M | $6.9M | $10.8M | $11.2M | $13.3M | $13.3M | $23.4M | $27.6M | $27.6M | $26.3M | $18.8M |
| Receivables | $8.2M | $6.3M | $7.9M | $10.2M | $9.8M | $9.5M | $12.1M | $10.5M | $10.3M | $11.6M | $18.1M |
| Inventory | $1.8M | $1.8M | $1.5M | $2.0M | $3.7M | $3.7M | $5.1M | $5.6M | $5.6M | $6.2M | $9.8M |
| Other current assets | $0 | $2.0M | $579,413 | $0 | $892,649 | $1.2M | $1.2M | $790,939 | $1.0M | $455,074 | $1.5M |
| Total current assets | $16.9M | $16.9M | $20.8M | $23.4M | $27.8M | $27.8M | $41.9M | $44.5M | $44.5M | $44.6M | $48.3M |
| Property, plant & equipment (net) | $11.2M | $11.2M | $10.6M | $11.0M | $11.3M | $11.3M | $13.3M | $12.1M | $12.1M | $13.6M | $14.9M |
| Goodwill & intangible assets | $50,406 | $0 | $100,667 | $148,615 | $197,787 | $0 | $247,186 | $291,559 | $0 | $367,018 | $432,972 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $4.7M | $4.8M | $4.7M | $4.6M | $4.4M | $4.6M | $4.8M | $2.2M | $2.5M | $3.0M | $2.4M |
| Total assets | $32.8M | $32.8M | $36.2M | $39.2M | $43.6M | $43.6M | $60.2M | $59.0M | $59.0M | $61.6M | $66.0M |
| Liabilities | |||||||||||
| Accounts payable | $3.9M | $3.9M | $3.6M | $4.2M | $3.6M | $3.6M | $3.6M | $3.4M | $3.4M | $4.3M | $5.7M |
| Short-term debt | $5.1M | — | $6.3M | $5.0M | $5.8M | — | $13.0M | $13.6M | — | $14.0M | $16.6M |
| Deferred revenue | — | — | $116,700 | — | $63,005 | — | — | $117,128 | — | — | $74,233 |
| Total current liabilities | $10.5M | $10.5M | $11.1M | $10.9M | $12.1M | $12.1M | $19.1M | $19.1M | $19.1M | $21.5M | $25.8M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | $773,185 | — | $522,217 | — | $675,511 | $1.9M | — | $195,481 | $537,835 | $919,461 |
| Other long-term liabilities | $387,156 | $387,156 | $187,354 | $297,702 | $456,933 | $456,933 | $1.2M | $37,992 | $37,992 | $25,069 | $146,927 |
| Total liabilities | $10.9M | $10.9M | $11.3M | $11.2M | $12.6M | $12.6M | $20.4M | $19.1M | $19.1M | $21.5M | $25.9M |
| Shareholders' equity | |||||||||||
| Common stock & paid-in capital | $22,500 | — | $22,500 | $22,500 | $22,500 | — | $22,500 | $22,500 | — | $20,000 | $20,000 |
| Retained earnings (deficit) | −$10.1M | −$10.1M | −$6.8M | −$3.6M | −$498,455 | −$498,455 | $7.3M | $8.3M | $8.3M | $9.5M | $8.6M |
| Accumulated other comprehensive income | −$2.3M | — | −$2.7M | −$2.9M | −$2.8M | — | −$1.9M | −$2.7M | — | −$601,541 | $320,467 |
| Minority interest | — | $21,716 | — | — | — | — | — | — | — | — | — |
| Total shareholders' equity | $22.0M | $22.0M | $24.9M | $27.9M | $31.0M | $31.0M | $39.8M | $39.9M | $39.9M | $40.1M | $40.1M |
| Key figures | |||||||||||
| Total debt | $5.5M | — | $6.5M | $5.3M | $6.3M | — | $14.2M | $13.6M | — | $14.1M | $16.7M |
| Net cash (debt) | $1.4M | — | $4.3M | $5.9M | $7.1M | — | $9.2M | $14.0M | — | $12.3M | $2.1M |
| Working capital | $6.4M | $6.4M | $9.7M | $12.5M | $15.6M | $15.6M | $22.8M | $25.4M | $25.4M | $23.1M | $22.5M |
| Tangible book value | $21.9M | $22.0M | $24.8M | $27.8M | $30.8M | $31.0M | $39.6M | $39.6M | $39.9M | $39.7M | $39.7M |
| Book value per share | $1.95 | $1.95 | $2.21 | $2.48 | $2.76 | $2.76 | $3.54 | $3.55 | $3.55 | $1.60 | $1.60 |
| Shares outstanding | 11.2M | 11.2M | 11.2M | 11.2M | 11.2M | 11.2M | 11.2M | 11.2M | 11.2M | 25.0M | 25.0M |
| Current ratio | 1.61 | 1.61 | 1.87 | 2.14 | 2.29 | 2.29 | 2.19 | 2.33 | 2.33 | 2.07 | 1.87 |
| Quick ratio | 1.44 | 1.26 | 1.68 | 1.96 | 1.91 | 1.88 | 1.86 | 2.00 | 1.99 | 1.76 | 1.43 |
| Debt / equity | 0.25 | — | 0.26 | 0.19 | 0.20 | — | 0.36 | 0.34 | — | 0.35 | 0.42 |
| Equity / assets | 66.9% | 66.9% | 68.7% | 71.3% | 71.1% | 71.1% | 66.2% | 67.6% | 67.6% | 65.1% | 60.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed October 28, 2025); data from EODHD.
MGIH financial position
At the end of fiscal 2025 (June 30, 2025), Millennium Group International had total assets of $36.2 million (down 16.9% from a year earlier), total liabilities of $11.3 million and shareholders' equity of $24.9 million. It held $10.8 million in cash and short-term investments against $6.5 million of debt, a net cash position of $4.3 million. Its current ratio was 1.87. In the latest quarter (ended March 31, 2026) total assets were $32.8 million and equity $22.0 million.
Related: MGIH income statement, MGIH cash flow statement, MGIH key metrics. See the MGIH stock overview for the latest quote and news.
MGIH balance sheet FAQ
What are Millennium Group International's total assets?
Millennium Group International reported total assets of $36.2 million at the end of fiscal 2025 (June 30, 2025), compared with $43.6 million a year earlier.
How much debt does Millennium Group International have?
Millennium Group International had $6.5 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.26.
How much cash does Millennium Group International have?
Millennium Group International held $10.8 million in cash and short-term investments at the end of fiscal 2025; with $6.5 million of debt that is net cash of $4.3 million.
What is Millennium Group International's book value?
Millennium Group International's shareholders' equity (book value) was $24.9 million at the end of fiscal 2025, or $2.21 per share.
What is Millennium Group International's current ratio?
Millennium Group International had current assets of $20.8 million and current liabilities of $11.1 million, a current ratio of 1.87 (it can cover its short-term obligations).
How much goodwill does Millennium Group International have?
Millennium Group International carried $0.1 million of goodwill and intangible assets, 0.3% of total assets, at the end of fiscal 2025.