Magnite Total Assets vs Total Liab Analysis
MGNI Stock | USD 11.28 0.47 4.00% |
Magnite financial indicator trend analysis is infinitely more than just investigating Magnite recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Magnite is a good investment. Please check the relationship between Magnite Total Assets and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magnite. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.
Total Assets vs Total Liab
Total Assets vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magnite Total Assets account and Total Liab. At this time, the significance of the direction appears to have totally related.
The correlation between Magnite's Total Assets and Total Liab is 1.0. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of Magnite, assuming nothing else is changed. The correlation between historical values of Magnite's Total Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Magnite are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Assets i.e., Magnite's Total Assets and Total Liab go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Magnite 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 Magnite 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 Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Magnite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Magnite current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Magnite. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.As of now, Magnite's Sales General And Administrative To Revenue is decreasing as compared to previous years. The Magnite's current Enterprise Value Over EBITDA is estimated to increase to 16.91, while Selling General Administrative is projected to decrease to under 57 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 266.8M | 269.9M | 180.9M | 149.0M | Total Revenue | 468.4M | 577.1M | 619.7M | 650.7M |
Magnite fundamental ratios Correlations
Click cells to compare fundamentals
Magnite Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Magnite fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 395.1M | 939.0M | 2.7B | 2.7B | 2.7B | 2.8B | |
Other Current Liab | 778K | 3.1M | 5.7M | 23.3M | 21.0M | 22.1M | |
Total Current Liabilities | 267.5M | 522.2M | 1.0B | 1.1B | 1.4B | 1.5B | |
Total Stockholder Equity | 111.9M | 381.6M | 880.8M | 791.3M | 701.7M | 736.8M | |
Property Plant And Equipment Net | 45.2M | 63.3M | 111.1M | 123.2M | 107.9M | 113.3M | |
Net Debt | (66.4M) | (75.6M) | 578.9M | 487.6M | 280.2M | 294.2M | |
Retained Earnings | (341.1M) | (394.5M) | (394.5M) | (524.8M) | (684.0M) | (649.8M) | |
Accounts Payable | 252.7M | 496.9M | 983.1M | 1.1B | 1.4B | 1.4B | |
Cash | 88.9M | 117.7M | 230.4M | 326.3M | 326.5M | 342.8M | |
Non Current Assets Total | 82.1M | 331.9M | 1.5B | 1.4B | 1.2B | 1.2B | |
Non Currrent Assets Other | 2.1M | 4.4M | 6.9M | 7.4M | 7.2M | 5.0M | |
Cash And Short Term Investments | 88.9M | 117.7M | 230.4M | 326.3M | 326.5M | 342.8M | |
Net Receivables | 217.6M | 471.7M | 927.8M | 976.5M | 1.2B | 1.2B | |
Common Stock Shares Outstanding | 52.6M | 96.7M | 136.3M | 132.9M | 136.6M | 72.8M | |
Liabilities And Stockholders Equity | 395.1M | 939.0M | 2.7B | 2.7B | 2.7B | 2.8B | |
Non Current Liabilities Total | 15.7M | 35.1M | 802.5M | 795.9M | 585.0M | 614.2M | |
Other Current Assets | 6.6M | 17.7M | 19.9M | 23.5M | 19.8M | 11.7M | |
Other Stockholder Equity | 453.1M | 777.1M | 1.3B | 1.3B | 1.4B | 1.5B | |
Total Liab | 283.2M | 557.3M | 1.8B | 1.9B | 2.0B | 2.1B | |
Property Plant And Equipment Gross | 45.2M | 63.3M | 111.1M | 123.2M | 224.4M | 235.6M | |
Total Current Assets | 313.1M | 607.1M | 1.2B | 1.3B | 1.5B | 1.6B | |
Accumulated Other Comprehensive Income | (45K) | (957K) | (1.4M) | (3.2M) | (2.1M) | (2.0M) | |
Intangible Assets | 27.4M | 106.0M | 446.7M | 277.2M | 72.9M | 94.3M | |
Other Assets | 2.1M | 60.2M | 6.9M | 7.4M | 8.5M | 13.9M | |
Capital Surpluse | 433.9M | 453.1M | 1.3B | 1.3B | 1.5B | 1.6B | |
Property Plant Equipment | 45.2M | 63.3M | 20.1M | 23.7M | 21.3M | 29.5M | |
Other Liab | 454K | 2.9M | 16.0M | 6.8M | 7.8M | 4.8M | |
Net Tangible Assets | 77.1M | 117.4M | (515.7M) | (440.4M) | (396.4M) | (376.6M) | |
Non Current Liabilities Other | 454K | 2.7M | 69.1M | 68.1M | 1.7M | 1.6M | |
Net Invested Capital | 111.9M | 381.6M | 1.6B | 1.5B | 1.2B | 807.2M | |
Net Working Capital | 45.6M | 84.9M | 148.7M | 201.2M | 120.9M | 117.6M |
Currently Active Assets on Macroaxis
VWITX | Vanguard Intermediate Term Tax Exempt | |
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VFIAX | Vanguard 500 Index | |
VTCLX | Vanguard Tax Managed Capital | |
VTSAX | Vanguard Total Stock |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magnite. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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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.