Magnite Total Current Assets from 2010 to 2024

MGNI Stock  USD 11.02  0.26  2.30%   
Magnite's Total Current Assets are increasing with slightly volatile movements from year to year. Total Current Assets are estimated to finish at about 1.6 B this year. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2012-12-31
Previous Quarter
1.5 B
Current Value
1.3 B
Quarterly Volatility
420.8 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 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 exotic 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.
  
This module can also supplement Magnite's financial leverage analysis and stock options assessment as well as various Magnite Technical models . 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 Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Magnite over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Magnite's Total Current Assets 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.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Magnite Total Current Assets Regression Statistics

Arithmetic Mean565,675,277
Geometric Mean339,986,562
Coefficient Of Variation97.36
Mean Deviation453,893,702
Median313,050,000
Standard Deviation550,721,192
Sample Variance303293.8T
Range1.5B
R-Value0.89
Mean Square Error65408.6T
R-Squared0.80
Slope110,126,575
Total Sum of Squares4246113.6T

Magnite Total Current Assets History

20241.6 B
20231.5 B
20221.3 B
20211.2 B
2020607.1 M
2019313.1 M
2018300.5 M

About Magnite Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Magnite income statement, its balance sheet, and the statement of cash flows. Magnite investors use historical funamental indicators, such as Magnite's Total Current Assets, to determine how well the company is positioned to perform in the future. Although Magnite investors may use each financial statement separately, they are all related. The changes in Magnite's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Magnite's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Magnite Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Magnite. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets1.5 B1.6 B

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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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Is Magnite's industry 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
(0.57)
Revenue Per Share
4.637
Quarterly Revenue Growth
0.147
Return On Assets
(0.02)
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.