Mogo Retained Earnings vs Total Liab Analysis
MOGO Stock | USD 1.49 0.07 4.49% |
Mogo financial indicator trend analysis is infinitely more than just investigating Mogo Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mogo Inc is a good investment. Please check the relationship between Mogo Retained Earnings and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mogo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Retained Earnings vs Total Liab
Retained Earnings vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mogo Inc Retained Earnings account and Total Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Mogo's Retained Earnings and Total Liab is -0.57. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Liab in the same time period over historical financial statements of Mogo Inc, assuming nothing else is changed. The correlation between historical values of Mogo's Retained Earnings 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 Retained Earnings of Mogo Inc 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 Retained Earnings i.e., Mogo's Retained Earnings and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.57 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Mogo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mogo Inc 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 Mogo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. As of the 3rd of June 2024, Selling General Administrative is likely to drop to about 15.8 M. In addition to that, Tax Provision is likely to grow to about (387.6 K)
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 46.0M | 46.2M | 50.4M | 37.9M | Total Revenue | 57.5M | 68.9M | 64.8M | 53.8M |
Mogo fundamental ratios Correlations
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Mogo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mogo fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 151.1M | 104.5M | 393.9M | 221.5M | 207.8M | 161.4M | |
Other Current Liab | 4.1M | 4.6M | 5.7M | 15.3M | 10.4M | 10.9M | |
Total Current Liabilities | 87.7M | 45.5M | 65.8M | 67.2M | 73.5M | 63.4M | |
Total Stockholder Equity | (92.7M) | 5.2M | 269.8M | 110.9M | 93.7M | 98.4M | |
Net Tangible Assets | (27.4M) | (19.5M) | (13.7M) | 147.4M | 169.5M | 177.9M | |
Retained Earnings | (101.6M) | (115.1M) | (148.3M) | (313.9M) | (331.8M) | (315.2M) | |
Accounts Payable | 7.1M | 3.3M | 5.0M | 5.7M | 6.4M | 5.7M | |
Cash | 5.4M | 12.1M | 69.2M | 29.3M | 16.1M | 26.8M | |
Other Assets | 410K | 273K | 137K | 1K | 900.0 | 855.0 | |
Long Term Debt | 132.9M | 87.1M | 39.8M | 38.3M | 36.8M | 34.9M | |
Net Receivables | 88.7M | 47.2M | 61.2M | 66.7M | 1.2M | 1.2M | |
Common Stock Total Equity | 71.4M | 75.0M | 94.5M | 106.7M | 122.7M | 65.7M | |
Other Current Assets | (10.4M) | (12.1M) | (74.6M) | (36.4M) | (17.4M) | (18.2M) | |
Other Stockholder Equity | (85.6M) | 13.6M | 24.5M | 33.0M | 35.5M | 37.3M | |
Total Liab | 149.3M | 99.2M | 124.1M | 110.6M | 114.0M | 113.9M | |
Short Long Term Debt | 76.5M | 37.6M | 45.0M | 46.2M | 49.4M | 50.3M | |
Total Current Assets | 102.3M | 62.3M | 135.3M | 100.1M | 92.7M | 94.3M | |
Short Term Debt | 76.5M | 37.6M | 45.0M | 46.2M | 49.4M | 48.7M | |
Intangible Assets | 21.3M | 18.9M | 52.3M | 41.8M | 36.6M | 23.0M | |
Common Stock | 94.5M | 106.7M | 392.6M | 391.2M | 389.8M | 409.3M | |
Property Plant Equipment | 3.0M | 6.6M | 4.8M | 4.6M | 5.3M | 3.5M | |
Short Long Term Debt Total | 5.2M | 91.4M | 88.7M | 87.7M | 88.9M | 90.2M | |
Property Plant And Equipment Net | 6.6M | 4.8M | 4.6M | 3.7M | 1.2M | 1.1M | |
Net Debt | (159K) | 79.3M | 19.5M | 58.5M | 72.8M | 60.8M | |
Non Current Assets Total | 48.8M | 42.1M | 258.5M | 121.4M | 115.1M | 72.4M | |
Non Currrent Assets Other | 137K | 3.0M | 7.9M | 5.2M | (63.5M) | (60.3M) | |
Cash And Short Term Investments | 5.4M | 12.1M | 69.2M | 29.3M | 16.1M | 29.4M | |
Common Stock Shares Outstanding | 8.5M | 9.6M | 21.0M | 25.4M | 24.9M | 13.2M | |
Liabilities And Stockholders Equity | 56.6M | 104.5M | 393.9M | 221.5M | 207.8M | 165.8M | |
Non Current Liabilities Total | 61.6M | 53.7M | 58.3M | 43.4M | 40.6M | 54.1M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mogo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Mogo Inc information on this page should be used as a complementary analysis to other Mogo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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Is Mogo'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 Mogo. If investors know Mogo 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 Mogo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.44) | Revenue Per Share 1.677 | Quarterly Revenue Growth (0.02) | Return On Assets (0.07) | Return On Equity (0.15) |
The market value of Mogo Inc is measured differently than its book value, which is the value of Mogo that is recorded on the company's balance sheet. Investors also form their own opinion of Mogo's value that differs from its market value or its book value, called intrinsic value, which is Mogo'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 Mogo's market value can be influenced by many factors that don't directly affect Mogo'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 Mogo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mogo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mogo'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.