Magnite Selling General Administrative from 2010 to 2024

MGNI Stock  USD 16.62  0.07  0.42%   
Magnite's Selling General Administrative is increasing with slightly volatile movements from year to year. Selling General Administrative is predicted to flatten to about 57 M. For the period between 2010 and 2024, Magnite, Selling General Administrative quarterly trend regression had mean deviation of  20,452,117 and range of 80.1 M. View All Fundamentals
 
Selling General Administrative  
First Reported
2012-12-31
Previous Quarter
22.6 M
Current Value
24.5 M
Quarterly Volatility
6.3 M
 
Yuan Drop
 
Covid
Check Magnite financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magnite's main balance sheet or income statement drivers, such as Depreciation And Amortization of 252.9 M, Interest Expense of 34 M or Selling General Administrative of 57 M, as well as many indicators such as Price To Sales Ratio of 1.96, Dividend Yield of 0.0 or PTB Ratio of 1.73. Magnite financial statements analysis is a perfect complement when working with Magnite Valuation or Volatility modules.
  
Check out the analysis of Magnite Correlation against competitors.
For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.

Latest Magnite's Selling General Administrative Growth Pattern

Below is the plot of the Selling General Administrative of Magnite over the last few years. It is Magnite's Selling General Administrative historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magnite's overall financial position and show how it may be relating to other accounts over time.
Selling General Administrative10 Years Trend
Slightly volatile
   Selling General Administrative   
       Timeline  

Magnite Selling General Administrative Regression Statistics

Arithmetic Mean49,283,813
Geometric Mean39,962,632
Coefficient Of Variation51.51
Mean Deviation20,452,117
Median55,596,000
Standard Deviation25,386,200
Sample Variance644.5T
Range80.1M
R-Value0.76
Mean Square Error289.4T
R-Squared0.58
Significance0.0009
Slope4,334,158
Total Sum of Squares9022.4T

Magnite Selling General Administrative History

202457 M
202389 M
202281.4 M
202164.8 M
202053 M
201941.8 M
201842.4 M

About Magnite Financial Statements

Investors use fundamental indicators, such as Magnite's Selling General Administrative, to determine how well the company is positioned to perform in the future. Although Magnite's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Selling General Administrative89 M57 M

Currently Active Assets on Macroaxis

When determining whether Magnite offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magnite's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magnite Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magnite Stock:
Check out the analysis of Magnite Correlation against competitors.
For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magnite. If investors know Magnite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magnite listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.93)
Earnings Share
0.13
Revenue Per Share
4.728
Quarterly Revenue Growth
0.079
Return On Assets
0.0111
The market value of Magnite is measured differently than its book value, which is the value of Magnite that is recorded on the company's balance sheet. Investors also form their own opinion of Magnite's value that differs from its market value or its book value, called intrinsic value, which is Magnite's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magnite's market value can be influenced by many factors that don't directly affect Magnite's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magnite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magnite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnite's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.