MGO Historical Balance Sheet
| MGOL Stock | 2.34 0.03 1.27% |
Trend analysis of MGO Global Common balance sheet accounts such as Total Current Liabilities of 1.2 M provides information on MGO Global's total assets, liabilities, and equity, which is the actual value of MGO Global Common to its prevalent stockholders. By breaking down trends over time using MGO Global balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining MGO Global Common latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MGO Global Common is a good buy for the upcoming year.
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About MGO Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of MGO Global Common at a specified time, usually calculated after every quarter, six months, or one year. MGO Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of MGO Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which MGO currently owns. An asset can also be divided into two categories, current and non-current.
MGO Global Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on MGO Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of MGO Global Common are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Cash
Cash refers to the most liquid asset of MGO Global Common, which is listed under current asset account on MGO Global Common balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from MGO Global customers. The amounts must be unrestricted with restricted cash listed in a different MGO Global account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most accounts from MGO Global's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into MGO Global Common current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGO Global Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, MGO Global's Liabilities And Stockholders Equity is quite stable compared to the past year. Inventory is expected to rise to about 760.8 K this year, although the value of Other Current Liabilities will most likely fall to about 709.8 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 137.9K | 134.6K | 154.8K | 135.7K | Total Assets | 570.3K | 441.0K | 2.2M | 2.4M |
MGO Global balance sheet Correlations
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MGO Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Movies & Entertainment 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 MGO Global. If investors know MGO 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 MGO Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.56) | Revenue Per Share 3.655 | Quarterly Revenue Growth (0.17) | Return On Assets (1.55) | Return On Equity (3.12) |
The market value of MGO Global Common is measured differently than its book value, which is the value of MGO that is recorded on the company's balance sheet. Investors also form their own opinion of MGO Global's value that differs from its market value or its book value, called intrinsic value, which is MGO Global'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 MGO Global's market value can be influenced by many factors that don't directly affect MGO Global'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 MGO Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGO Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGO Global'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.