Magic Historical Balance Sheet

MEGL Stock

USD 1.43 0.03 2.05%

Trend analysis of Magic Empire Global balance sheet accounts such as Net Tangible Assets of 4.7 M provides information on Magic Empire's total assets, liabilities, and equity, which is the actual value of Magic Empire Global to its prevalent stockholders. By breaking down trends over time using Magic Empire 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.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Magic Empire Global 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 Magic Empire Global is a good buy for the upcoming year.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Empire Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

About Magic Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Magic Empire Global at a specified time, usually calculated after every quarter, six months, or one year. Magic Empire Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Magic Empire 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 Magic currently owns. An asset can also be divided into two categories, current and non-current.

Magic Empire Balance Sheet Chart

At this time, Magic Empire's Other Assets are quite stable compared to the past year. Net Receivables is expected to rise to about 3.8 M this year, although the value of Total Current Liabilities will most likely fall to about 922.5 K.

Total Assets Total Current Liabilities Total Stockholder Equity Net Tangible Assets

Total Assets

Total assets refers to the total amount of Magic Empire assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Magic Empire Global books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Magic Empire balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Magic Empire Global 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Most accounts from Magic Empire's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Magic Empire Global 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 Magic Empire Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

	2022	2023	2024	2025 (projected)
Total Stockholder Equity	136.3M	134.3M	154.4M	162.1M
Total Current Liabilities	1.1M	1.1M	971.1K	922.5K

Total Stockholder Equity Total Current Liabilities

Magic Empire balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Current Deferred Revenue	Non Current Liabilities Total	Capital Lease Obligations	Net Invested Capital	Property Plant And Equipment Gross
Total Assets		-0.65	-0.28	1.0	0.8	-0.79	-0.95	-0.98	0.91	0.81	0.7	0.53	0.91	0.34	-0.78	0.41	0.03	0.92	0.94	-0.45	-0.12	-0.88	-0.92	-0.12	1.0	0.64
Other Current Liab	-0.65		-0.31	-0.68	-0.82	0.93	0.61	0.58	-0.62	-0.39	-0.32	-0.63	-0.62	-0.85	0.31	-0.62	-0.5	-0.64	-0.64	0.85	-0.3	0.55	0.78	-0.3	-0.68	-0.72
Total Current Liabilities	-0.28	-0.31		-0.24	-0.21	-0.31	0.28	0.23	-0.27	-0.28	-0.24	-0.09	-0.27	0.22	0.44	-0.32	0.93	-0.23	-0.23	-0.62	-0.18	0.21	0.3	-0.18	-0.24	-0.33
Total Stockholder Equity	1.0	-0.68	-0.24		0.81	-0.82	-0.95	-0.98	0.91	0.81	0.71	0.53	0.91	0.36	-0.78	0.41	0.07	0.92	0.94	-0.49	-0.12	-0.89	-0.92	-0.12	1.0	0.64
Net Tangible Assets	0.8	-0.82	-0.21	0.81		-0.79	-0.76	-0.73	0.82	0.58	0.51	0.55	0.82	0.67	-0.59	0.76	0.05	0.82	0.86	-0.48	0.26	-0.71	-0.93	0.26	0.81	0.88
Property Plant And Equipment Net	-0.79	0.93	-0.31	-0.82	-0.79		0.74	0.77	-0.74	-0.59	-0.52	-0.51	-0.74	-0.63	0.49	-0.41	-0.58	-0.76	-0.8	0.85	0.05	0.73	0.78	0.05	-0.82	-0.58
Net Debt	-0.95	0.61	0.28	-0.95	-0.76	0.74		0.94	-0.97	-0.62	-0.49	-0.65	-0.97	-0.23	0.61	-0.3	0.03	-0.97	-0.91	0.33	0.09	0.73	0.91	0.09	-0.95	-0.52
Retained Earnings	-0.98	0.58	0.23	-0.98	-0.73	0.77	0.94		-0.91	-0.84	-0.74	-0.4	-0.91	-0.2	0.81	-0.26	-0.1	-0.91	-0.94	0.41	0.3	0.9	0.84	0.3	-0.98	-0.5
Cash	0.91	-0.62	-0.27	0.91	0.82	-0.74	-0.97	-0.91		0.58	0.46	0.6	1.0	0.23	-0.58	0.31	-0.01	1.0	0.95	-0.29	-0.1	-0.7	-0.9	-0.1	0.91	0.53
Non Current Assets Total	0.81	-0.39	-0.28	0.81	0.58	-0.59	-0.62	-0.84	0.58		0.99	-0.04	0.58	0.19	-0.98	0.33	0.08	0.58	0.76	-0.38	-0.39	-0.98	-0.6	-0.39	0.81	0.52
Non Currrent Assets Other	0.7	-0.32	-0.24	0.71	0.51	-0.52	-0.49	-0.74	0.46	0.99		-0.18	0.46	0.17	-0.97	0.3	0.11	0.46	0.66	-0.36	-0.42	-0.95	-0.48	-0.42	0.71	0.47
Other Assets	0.53	-0.63	-0.09	0.53	0.55	-0.51	-0.65	-0.4	0.6	-0.04	-0.18		0.6	0.52	0.05	0.44	-0.08	0.61	0.44	-0.35	0.56	-0.12	-0.73	0.56	0.53	0.5
Cash And Short Term Investments	0.91	-0.62	-0.27	0.91	0.82	-0.74	-0.97	-0.91	1.0	0.58	0.46	0.6		0.23	-0.58	0.31	-0.01	1.0	0.95	-0.29	-0.1	-0.7	-0.9	-0.1	0.91	0.53
Net Receivables	0.34	-0.85	0.22	0.36	0.67	-0.63	-0.23	-0.2	0.23	0.19	0.17	0.52	0.23		-0.15	0.84	0.32	0.25	0.29	-0.74	0.65	-0.31	-0.58	0.65	0.36	0.81
Common Stock Shares Outstanding	-0.78	0.31	0.44	-0.78	-0.59	0.49	0.61	0.81	-0.58	-0.98	-0.97	0.05	-0.58	-0.15		-0.38	0.09	-0.57	-0.73	0.23	0.32	0.95	0.6	0.32	-0.78	-0.55
Other Current Assets	0.41	-0.62	-0.32	0.41	0.76	-0.41	-0.3	-0.26	0.31	0.33	0.3	0.44	0.31	0.84	-0.38		-0.18	0.31	0.38	-0.35	0.71	-0.4	-0.66	0.71	0.41	0.96
Total Liab	0.03	-0.5	0.93	0.07	0.05	-0.58	0.03	-0.1	-0.01	0.08	0.11	-0.08	-0.01	0.32	0.09	-0.18		0.02	0.08	-0.79	-0.31	-0.16	0.05	-0.31	0.07	-0.12
Total Current Assets	0.92	-0.64	-0.23	0.92	0.82	-0.76	-0.97	-0.91	1.0	0.58	0.46	0.61	1.0	0.25	-0.57	0.31	0.02		0.95	-0.32	-0.1	-0.7	-0.9	-0.1	0.92	0.53
Common Stock	0.94	-0.64	-0.23	0.94	0.86	-0.8	-0.91	-0.94	0.95	0.76	0.66	0.44	0.95	0.29	-0.73	0.38	0.08	0.95		-0.4	-0.2	-0.84	-0.88	-0.2	0.94	0.61
Property Plant Equipment	-0.45	0.85	-0.62	-0.49	-0.48	0.85	0.33	0.41	-0.29	-0.38	-0.36	-0.35	-0.29	-0.74	0.23	-0.35	-0.79	-0.32	-0.4		-0.06	0.48	0.45	-0.06	-0.49	-0.44
Short Long Term Debt Total	-0.12	-0.3	-0.18	-0.12	0.26	0.05	0.09	0.3	-0.1	-0.39	-0.42	0.56	-0.1	0.65	0.32	0.71	-0.31	-0.1	-0.2	-0.06		0.3	-0.25	1.0	-0.12	0.54
Current Deferred Revenue	-0.88	0.55	0.21	-0.89	-0.71	0.73	0.73	0.9	-0.7	-0.98	-0.95	-0.12	-0.7	-0.31	0.95	-0.4	-0.16	-0.7	-0.84	0.48	0.3		0.72	0.3	-0.89	-0.6
Non Current Liabilities Total	-0.92	0.78	0.3	-0.92	-0.93	0.78	0.91	0.84	-0.9	-0.6	-0.48	-0.73	-0.9	-0.58	0.6	-0.66	0.05	-0.9	-0.88	0.45	-0.25	0.72		-0.25	-0.92	-0.82
Capital Lease Obligations	-0.12	-0.3	-0.18	-0.12	0.26	0.05	0.09	0.3	-0.1	-0.39	-0.42	0.56	-0.1	0.65	0.32	0.71	-0.31	-0.1	-0.2	-0.06	1.0	0.3	-0.25		-0.12	0.54
Net Invested Capital	1.0	-0.68	-0.24	1.0	0.81	-0.82	-0.95	-0.98	0.91	0.81	0.71	0.53	0.91	0.36	-0.78	0.41	0.07	0.92	0.94	-0.49	-0.12	-0.89	-0.92	-0.12		0.64
Property Plant And Equipment Gross	0.64	-0.72	-0.33	0.64	0.88	-0.58	-0.52	-0.5	0.53	0.52	0.47	0.5	0.53	0.81	-0.55	0.96	-0.12	0.53	0.61	-0.44	0.54	-0.6	-0.82	0.54	0.64

Click cells to compare fundamentals

Magic Empire Account Relationship Matchups

Magic Empire balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	16.3M	25.7M	144.1M	138.3M	159.0M	166.9M
Other Current Liab	(5.7M)	(2.1M)	(3.9M)	(1.8M)	(1.6M)	(1.6M)
Total Current Liabilities	12.4M	52.3K	1.1M	1.1M	971.1K	922.5K
Total Stockholder Equity	3.9M	5.5M	136.3M	134.3M	154.4M	162.1M
Property Plant And Equipment Net	3.0M	5.5M	3.6M	3.4M	3.0M	3.5M
Net Debt	(5.5M)	(6.2M)	(118.2M)	(90.7M)	(81.6M)	(77.5M)
Retained Earnings	3.9M	5.5M	(2.3M)	(4.4M)	(4.0M)	(3.8M)
Cash	7.9M	11.7M	121.8M	92.4M	106.3M	54.9M
Non Current Assets Total	3.0M	5.5M	3.6M	42.0M	48.3M	50.7M
Non Currrent Assets Other	(3.0M)	(391.8K)	(14.5M)	38.6M	44.4M	46.7M
Other Assets	5.4M	8.5M	18.7M	3.8M	4.4M	8.8M
Cash And Short Term Investments	7.9M	11.7M	121.8M	92.4M	106.3M	54.9M
Net Receivables	4.1M	5.2M	3.2M	2.8M	3.2M	3.8M
Liabilities And Stockholders Equity	16.3M	25.7M	144.1M	138.3M	159.0M	166.9M
Total Liab	12.4M	52.3K	1.1M	4.0M	3.6M	3.1M
Total Current Assets	13.3M	11.7M	121.8M	92.4M	106.3M	56.1M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether Magic Empire Global is a strong investment it is important to analyze Magic Empire's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Magic Empire's future performance. For an informed investment choice regarding Magic Stock, refer to the following important reports:

How To Invest In Magic

Details

Is Magic Stock a good investment?

Details

What is Magic Empire's Net Worth?

Details

Largest Asset Management & Custody Banks Companies

View

Largest Financial Services Companies

View

You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Is Asset Management & Custody Banks 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 Magic Empire. If investors know Magic 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 Magic Empire 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

(0.14)

Earnings Share

(0.02)

Revenue Per Share

3.047

Quarterly Revenue Growth

0.269

Return On Assets

(0)

The market value of Magic Empire Global is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Empire's value that differs from its market value or its book value, called intrinsic value, which is Magic Empire'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 Magic Empire's market value can be influenced by many factors that don't directly affect Magic Empire'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 Magic Empire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Empire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Empire'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Magic Historical Balance Sheet

About Magic Balance Sheet Analysis

Magic Empire Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Net Tangible Assets

Magic Empire balance sheet Correlations

Magic Empire Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Magic Empire balance sheet Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments

Current Deferred Revenue	- 0.98	Non Current Assets Total
Common Stock Shares Outstanding	- 0.98	Non Current Assets Total
Net Invested Capital	- 0.98	Retained Earnings
Retained Earnings	- 0.98	Total Stockholder Equity
Retained Earnings	- 0.98	Total Assets
Common Stock Shares Outstanding	- 0.97	Non Currrent Assets Other