MGCI Historical Balance Sheet

MGCI Stock

96.90 0.30 0.31%

Trend analysis of MG Credit Income balance sheet accounts such as Retained Earnings of 78.3 M provides information on MG Credit's total assets, liabilities, and equity, which is the actual value of MG Credit Income to its prevalent stockholders. By breaking down trends over time using MG Credit 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

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Financial Statement Analysis is much more than just reviewing and examining MG Credit Income 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 MG Credit Income is a good buy for the upcoming year.

MG Credit Inventory

1.21

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

About MGCI Balance Sheet Analysis

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

MG Credit Balance Sheet Chart

At this time, MG Credit's Other Current Liabilities is comparatively stable compared to the past year. Total Current Assets is likely to gain to about 5.7 M in 2025, whereas Net Tangible Assets are likely to drop slightly above 150.6 M in 2025.

Total Current Liabilities Net Tangible Assets Retained Earnings Accounts Payable

Total Current Liabilities

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

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Accounts Payable

An accounting item on the balance sheet that represents MG Credit obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of MG Credit Income are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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

	2024	2025 (projected)
Net Tangible Assets	168.6M	150.6M
Total Current Liabilities	4.4M	2.4M

Net Tangible Assets Total Current Liabilities

MG Credit balance sheet Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Current Assets	Common Stock	Total Assets	Total Stockholder Equity	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Short Term Investments	Capital Surpluse	Inventory	Other Current Assets	Total Liab	Long Term Investments	Capital Stock
Other Current Liab		0.45	0.51	-0.84	-0.58	0.71	0.48	0.3	-0.32	0.57	0.47	-0.81	0.23	-0.7	0.49	0.56	-0.82	-0.65	0.53	-0.6	0.32	0.42	-0.3	0.28	0.49	0.53
Total Current Liabilities	0.45		0.03	-0.15	0.05	0.43	-0.12	-0.37	0.49	0.04	-0.07	-0.33	-0.21	-0.13	-0.08	0.61	-0.48	-0.04	0.03	0.06	-0.12	-0.2	-0.54	-0.12	-0.08	-0.03
Net Tangible Assets	0.51	0.03		-0.77	-0.88	0.8	0.98	0.87	-0.8	0.99	0.95	-0.25	0.5	-0.73	0.96	-0.12	-0.1	-0.69	1.0	-0.63	0.95	0.88	-0.14	0.62	0.96	0.98
Retained Earnings	-0.84	-0.15	-0.77		0.85	-0.77	-0.77	-0.59	0.59	-0.81	-0.79	0.75	-0.57	0.78	-0.81	-0.24	0.55	0.77	-0.8	0.77	-0.64	-0.74	-0.04	-0.63	-0.81	-0.82
Accounts Payable	-0.58	0.05	-0.88	0.85		-0.82	-0.93	-0.87	0.83	-0.88	-0.83	0.29	-0.74	0.81	-0.85	0.26	0.23	0.8	-0.89	0.78	-0.9	-0.96	-0.06	-0.81	-0.85	-0.87
Net Receivables	0.71	0.43	0.8	-0.77	-0.82		0.75	0.6	-0.52	0.77	0.63	-0.36	0.6	-0.82	0.65	0.13	-0.47	-0.75	0.79	-0.67	0.73	0.71	-0.21	0.69	0.65	0.7
Common Stock Shares Outstanding	0.48	-0.12	0.98	-0.77	-0.93	0.75		0.93	-0.89	0.98	0.94	-0.21	0.56	-0.75	0.95	-0.24	-0.07	-0.73	0.98	-0.68	0.97	0.94	-0.05	0.65	0.95	0.97
Other Stockholder Equity	0.3	-0.37	0.87	-0.59	-0.87	0.6	0.93		-0.98	0.85	0.82	0.02	0.55	-0.62	0.83	-0.47	0.12	-0.6	0.86	-0.56	0.94	0.91	-0.03	0.65	0.83	0.85
Total Current Assets	-0.32	0.49	-0.8	0.59	0.83	-0.52	-0.89	-0.98		-0.78	-0.76	0.03	-0.56	0.64	-0.77	0.43	-0.04	0.64	-0.79	0.62	-0.86	-0.88	-0.08	-0.61	-0.77	-0.79
Common Stock	0.57	0.04	0.99	-0.81	-0.88	0.77	0.98	0.85	-0.78		0.97	-0.32	0.45	-0.73	0.98	-0.08	-0.13	-0.69	1.0	-0.63	0.93	0.88	-0.16	0.58	0.98	0.99
Total Assets	0.47	-0.07	0.95	-0.79	-0.83	0.63	0.94	0.82	-0.76	0.97		-0.34	0.41	-0.58	1.0	-0.12	0.0	-0.56	0.96	-0.53	0.88	0.83	-0.08	0.57	1.0	0.99
Total Stockholder Equity	-0.81	-0.33	-0.25	0.75	0.29	-0.36	-0.21	0.02	0.03	-0.32	-0.34		-0.16	0.4	-0.35	-0.73	0.76	0.41	-0.28	0.44	0.01	-0.14	-0.04	-0.17	-0.35	-0.34
Net Debt	0.23	-0.21	0.5	-0.57	-0.74	0.6	0.56	0.55	-0.56	0.45	0.41	-0.16		-0.64	0.45	-0.31	-0.21	-0.69	0.5	-0.75	0.57	0.7	0.6	0.93	0.45	0.45
Cash	-0.7	-0.13	-0.73	0.78	0.81	-0.82	-0.75	-0.62	0.64	-0.73	-0.58	0.4	-0.64		-0.64	-0.06	0.62	0.99	-0.73	0.95	-0.68	-0.8	-0.1	-0.54	-0.64	-0.68
Non Current Assets Total	0.49	-0.08	0.96	-0.81	-0.85	0.65	0.95	0.83	-0.77	0.98	1.0	-0.35	0.45	-0.64		-0.12	-0.05	-0.63	0.97	-0.59	0.89	0.86	-0.04	0.58	1.0	1.0
Non Currrent Assets Other	0.56	0.61	-0.12	-0.24	0.26	0.13	-0.24	-0.47	0.43	-0.08	-0.12	-0.73	-0.31	-0.06	-0.12		-0.71	-0.04	-0.11	0.01	-0.42	-0.41	-0.26	-0.32	-0.12	-0.11
Other Assets	-0.82	-0.48	-0.1	0.55	0.23	-0.47	-0.07	0.12	-0.04	-0.13	0.0	0.76	-0.21	0.62	-0.05	-0.71		0.61	-0.11	0.59	0.09	-0.09	0.0	-0.07	-0.05	-0.08
Cash And Short Term Investments	-0.65	-0.04	-0.69	0.77	0.8	-0.75	-0.73	-0.6	0.64	-0.69	-0.56	0.41	-0.69	0.99	-0.63	-0.04	0.61		-0.7	0.98	-0.65	-0.8	-0.23	-0.55	-0.63	-0.66
Common Stock Total Equity	0.53	0.03	1.0	-0.8	-0.89	0.79	0.98	0.86	-0.79	1.0	0.96	-0.28	0.5	-0.73	0.97	-0.11	-0.11	-0.7		-0.64	0.94	0.89	-0.13	0.62	0.97	0.99
Short Term Investments	-0.6	0.06	-0.63	0.77	0.78	-0.67	-0.68	-0.56	0.62	-0.63	-0.53	0.44	-0.75	0.95	-0.59	0.01	0.59	0.98	-0.64		-0.6	-0.79	-0.38	-0.59	-0.59	-0.61
Capital Surpluse	0.32	-0.12	0.95	-0.64	-0.9	0.73	0.97	0.94	-0.86	0.93	0.88	0.01	0.57	-0.68	0.89	-0.42	0.09	-0.65	0.94	-0.6		0.94	-0.08	0.68	0.89	0.91
Inventory	0.42	-0.2	0.88	-0.74	-0.96	0.71	0.94	0.91	-0.88	0.88	0.83	-0.14	0.7	-0.8	0.86	-0.41	-0.09	-0.8	0.89	-0.79	0.94		0.13	0.72	0.86	0.88
Other Current Assets	-0.3	-0.54	-0.14	-0.04	-0.06	-0.21	-0.05	-0.03	-0.08	-0.16	-0.08	-0.04	0.6	-0.1	-0.04	-0.26	0.0	-0.23	-0.13	-0.38	-0.08	0.13		0.36	-0.04	-0.1
Total Liab	0.28	-0.12	0.62	-0.63	-0.81	0.69	0.65	0.65	-0.61	0.58	0.57	-0.17	0.93	-0.54	0.58	-0.32	-0.07	-0.55	0.62	-0.59	0.68	0.72	0.36		0.58	0.58
Long Term Investments	0.49	-0.08	0.96	-0.81	-0.85	0.65	0.95	0.83	-0.77	0.98	1.0	-0.35	0.45	-0.64	1.0	-0.12	-0.05	-0.63	0.97	-0.59	0.89	0.86	-0.04	0.58		1.0
Capital Stock	0.53	-0.03	0.98	-0.82	-0.87	0.7	0.97	0.85	-0.79	0.99	0.99	-0.34	0.45	-0.68	1.0	-0.11	-0.08	-0.66	0.99	-0.61	0.91	0.88	-0.1	0.58	1.0

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MG Credit Account Relationship Matchups

MG Credit balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Other Current Liab	(1.4M)	(1.1M)	(74K)	3.8M	4.3M	4.5M
Total Current Liabilities	2.3M	1.1M	1.8M	3.8M	4.4M	2.4M
Retained Earnings	103.0M	100.1M	91.4M	91.6M	82.4M	78.3M
Accounts Payable	1.4M	1.1M	74K	23K	20.7K	19.7K
Net Receivables	1.3M	1.2M	2.1M	2.5M	2.9M	1.7M
Common Stock Shares Outstanding	138.3M	143.8M	141.7M	141.8M	163.1M	147.6M
Total Current Assets	7.6M	4.3M	5.5M	5.6M	5.1M	5.7M
Total Assets	148.9M	144.8M	144.2M	139.0M	159.9M	156.3M
Total Stockholder Equity	146.6M	143.8M	135.1M	135.3M	121.8M	110.9M
Net Debt	(6.3M)	(3.1M)	3.6M	(2.1M)	(2.4M)	(2.6M)
Cash	6.3M	3.1M	3.4M	2.1M	1.9M	3.2M
Non Current Assets Total	140.3M	140.1M	138.4M	133.7M	153.7M	149.6M
Non Currrent Assets Other	(140.3M)	(140.1M)	(138.4M)	(133.7M)	(120.3M)	(126.3M)
Other Assets	1.1M	398K	260K	(285K)	(256.5K)	(243.7K)
Cash And Short Term Investments	6.3M	3.1M	3.4M	2.8M	2.6M	3.3M
Liabilities And Stockholders Equity	148.9M	144.8M	144.2M	139.0M	159.9M	156.3M
Other Current Assets	284K	737.0K	911K	316K	363.4K	612.5K
Total Liab	2.3M	1.1M	9.1M	3.8M	4.3M	3.8M
Long Term Investments	140.3M	140.1M	138.4M	133.7M	153.7M	149.6M

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