MGO Total Current Assets from 2010 to 2024

MGOL Stock   0.60  0.09  13.04%   
MGO Global Total Current Assets yearly trend continues to be quite stable with very little volatility. Total Current Assets may rise above about 2 M 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
2010-12-31
Previous Quarter
1.9 M
Current Value
M
Quarterly Volatility
570.1 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MGO Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MGO main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 6.2 K or Interest Expense of 478.8 M, as well as many exotic indicators such as Price To Sales Ratio of 1.19, Dividend Yield of 0.0 or PTB Ratio of 4.22. MGO financial statements analysis is a perfect complement when working with MGO Global Valuation or Volatility modules.
  
This module can also supplement various MGO Global Technical models . Check out the analysis of MGO Global Correlation against competitors.

Latest MGO Global's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of MGO Global Common 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. MGO Global's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MGO Global'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  

MGO Total Current Assets Regression Statistics

Arithmetic Mean575,990
Geometric Mean447,936
Coefficient Of Variation98.97
Mean Deviation371,872
Median335,235
Standard Deviation570,078
Sample Variance325B
Range1.7M
R-Value0.64
Mean Square Error207.5B
R-Squared0.41
Significance0.01
Slope81,341
Total Sum of Squares4.5T

MGO Total Current Assets History

2024M
20231.9 M
2022441 K
2021570.3 K

About MGO Global Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include MGO Global income statement, its balance sheet, and the statement of cash flows. MGO Global investors use historical funamental indicators, such as MGO Global's Total Current Assets, to determine how well the company is positioned to perform in the future. Although MGO Global investors may use each financial statement separately, they are all related. The changes in MGO Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MGO Global'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 MGO Global Financial Statements. Understanding these patterns can help to make the right decision on long term investment in MGO Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets1.9 MM

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When determining whether MGO Global Common is a strong investment it is important to analyze MGO Global'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 MGO Global's future performance. For an informed investment choice regarding MGO Stock, refer to the following important reports:
Check out the analysis of MGO Global Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running MGO Global's price analysis, check to measure MGO Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MGO Global is operating at the current time. Most of MGO Global's value examination focuses on studying past and present price action to predict the probability of MGO Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGO Global's price. Additionally, you may evaluate how the addition of MGO Global to your portfolios can decrease your overall portfolio volatility.
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Is MGO Global'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 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
(0.43)
Revenue Per Share
0.414
Quarterly Revenue Growth
1.003
Return On Assets
(1.09)
Return On Equity
(2.15)
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.