Mgo Global Common Stock Z Score
| MGOL Stock | 0.24 0.01 4.35% |
MGO | Z Score |
MGO Global Common Company Z Score Analysis
MGO Global's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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MGO Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for MGO Global is extremely important. It helps to project a fair market value of MGO Stock properly, considering its historical fundamentals such as Z Score. Since MGO Global's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MGO Global's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MGO Global's interrelated accounts and indicators.
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
| Competition |
Based on the company's disclosures, MGO Global Common has a Z Score of 0.0. This is 100.0% lower than that of the Entertainment sector and about the same as Communication Services (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
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MGO Fundamentals
| Return On Equity | -8.57 | ||||
| Return On Asset | -3.44 | ||||
| Profit Margin | (1.33) % | ||||
| Operating Margin | (1.37) % | ||||
| Current Valuation | 2.44 M | ||||
| Shares Outstanding | 16.4 M | ||||
| Shares Owned By Insiders | 61.20 % | ||||
| Shares Owned By Institutions | 0.72 % | ||||
| Number Of Shares Shorted | 32.42 K | ||||
| Price To Book | 3.04 X | ||||
| Price To Sales | 0.84 X | ||||
| Revenue | 5.36 M | ||||
| Gross Profit | 307.69 K | ||||
| EBITDA | (7.38 M) | ||||
| Net Income | (7.14 M) | ||||
| Total Debt | 134.64 K | ||||
| Book Value Per Share | 0.11 X | ||||
| Cash Flow From Operations | (6.98 M) | ||||
| Short Ratio | 0.13 X | ||||
| Earnings Per Share | (0.51) X | ||||
| Market Capitalization | 3.99 M | ||||
| Total Asset | 2.24 M | ||||
| Retained Earnings | (12.94 M) | ||||
| Working Capital | (1.18 M) | ||||
| Net Asset | 2.24 M |
About MGO Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MGO Global Common's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MGO Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MGO Global Common based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out MGO Global Piotroski F Score and MGO Global Valuation analysis. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for MGO Stock analysis
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 (0.51) | Revenue Per Share 0.379 | Quarterly Revenue Growth 1.254 | Return On Assets (3.44) | Return On Equity (8.57) |
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.