MGO Common Stock vs Long Term Debt Analysis
| MGOL Stock | 0.60 0.09 13.04% |
MGO Global financial indicator trend analysis is infinitely more than just investigating MGO Global Common recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MGO Global Common is a good investment. Please check the relationship between MGO Global Common Stock and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGO Global Common. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
Common Stock vs Long Term Debt
Common Stock vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MGO Global Common Common Stock account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between MGO Global's Common Stock and Long Term Debt is -0.74. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of MGO Global Common, assuming nothing else is changed. The correlation between historical values of MGO Global's Common Stock and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of MGO Global Common are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Common Stock i.e., MGO Global's Common Stock and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.74 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Common Stock
Long Term Debt
Long-term debt is a debt that MGO Global Common has held for over one year. Long-term debt appears on MGO Global Common balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on MGO Global Common balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from MGO Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MGO Global Common 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 MGO Global Common. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. At this time, MGO Global's Selling General Administrative is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 8.7 M this year, although Enterprise Value Over EBITDA is projected to rise to (0.66).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 487.9K | 710.4K | 3.3M | 3.5M | Total Revenue | 880.3K | 1.0M | 5.4M | 5.6M |
MGO Global fundamental ratios Correlations
Click cells to compare fundamentals
MGO Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGO Global Common. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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 (0.43) | 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.