MOGU Cash vs Inventory Analysis

MOGU Stock

USD 2.10 0.26 11.02%

MOGU financial indicator trend analysis is infinitely more than just investigating MOGU Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MOGU Inc is a good investment. Please check the relationship between MOGU Cash and its Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MOGU Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Cash vs Inventory

Cash vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MOGU Inc Cash account and Inventory. At this time, the significance of the direction appears to have very strong relationship.

The correlation between MOGU's Cash and Inventory is 0.85. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Inventory in the same time period over historical financial statements of MOGU Inc, assuming nothing else is changed. The correlation between historical values of MOGU's Cash and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of MOGU Inc are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash i.e., MOGU's Cash and Inventory go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Cash

Cash refers to the most liquid asset of MOGU Inc, which is listed under current asset account on MOGU Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from MOGU customers. The amounts must be unrestricted with restricted cash listed in a different MOGU account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Inventory

Most indicators from MOGU's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MOGU 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 MOGU Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

At this time, MOGU's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 8.39 in 2024, despite the fact that Enterprise Value is likely to grow to (246.1 M).

	2021	2022	2023	2024 (projected)
Interest Income	13.9M	17.4M	15.7M	19.6M
Net Interest Income	13.9M	16.8M	15.1M	19.6M

Interest Income Net Interest Income

MOGU fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.93	0.91	0.99	0.85	-0.79	-0.34	0.85	-0.98	0.96	-0.29	0.97	0.98	-0.66	-0.92	0.98	0.88	0.97	0.83	-0.48	0.8	0.83	0.9	-0.71	-0.83	0.9
Other Current Liab	0.93		0.96	0.89	0.89	-0.76	-0.13	0.86	-0.88	0.92	-0.36	0.87	0.86	-0.58	-0.77	0.94	0.95	0.86	0.81	-0.3	0.95	0.94	0.92	-0.57	-0.94	0.96
Total Current Liabilities	0.91	0.96		0.85	0.98	-0.91	-0.08	0.97	-0.88	0.97	-0.47	0.89	0.82	-0.56	-0.74	0.94	0.99	0.89	0.94	-0.16	0.91	0.97	0.8	-0.55	-0.98	1.0
Total Stockholder Equity	0.99	0.89	0.85		0.78	-0.72	-0.4	0.78	-0.98	0.92	-0.21	0.97	1.0	-0.68	-0.93	0.96	0.81	0.97	0.77	-0.56	0.74	0.76	0.9	-0.72	-0.76	0.84
Other Liab	0.85	0.89	0.98	0.78		-0.97	-0.05	1.0	-0.83	0.95	-0.57	0.82	0.74	-0.5	-0.68	0.87	0.98	0.85	0.98	-0.01	0.87	0.97	0.68	-0.52	-0.97	0.98
Net Tangible Assets	-0.79	-0.76	-0.91	-0.72	-0.97		0.08	-0.98	0.8	-0.91	0.58	-0.79	-0.69	0.49	0.66	-0.82	-0.9	-0.84	-1.0	-0.02	-0.72	-0.87	-0.53	0.5	0.89	-0.9
Property Plant And Equipment Net	-0.34	-0.13	-0.08	-0.4	-0.05	0.08		-0.06	0.33	-0.17	-0.56	-0.3	-0.41	-0.1	0.55	-0.27	-0.07	-0.29	-0.09	0.38	-0.12	-0.04	-0.23	0.87	-0.01	-0.07
Current Deferred Revenue	0.85	0.86	0.97	0.78	1.0	-0.98	-0.06		-0.84	0.95	-0.57	0.83	0.75	-0.51	-0.69	0.87	0.96	0.87	1.0	-0.03	0.82	0.94	0.64	-0.52	-0.95	0.96
Net Debt	-0.98	-0.88	-0.88	-0.98	-0.83	0.8	0.33	-0.84		-0.95	0.3	-0.99	-0.98	0.74	0.93	-0.98	-0.84	-0.98	-0.84	0.47	-0.72	-0.78	-0.86	0.67	0.79	-0.87
Retained Earnings	0.96	0.92	0.97	0.92	0.95	-0.91	-0.17	0.95	-0.95		-0.46	0.94	0.91	-0.64	-0.82	0.96	0.94	0.97	0.94	-0.28	0.82	0.9	0.81	-0.59	-0.91	0.96
Accounts Payable	-0.29	-0.36	-0.47	-0.21	-0.57	0.58	-0.56	-0.57	0.3	-0.46		-0.25	-0.19	0.48	0.13	-0.27	-0.5	-0.35	-0.57	-0.24	-0.29	-0.49	-0.2	-0.22	0.52	-0.47
Cash	0.97	0.87	0.89	0.97	0.82	-0.79	-0.3	0.83	-0.99	0.94	-0.25		0.96	-0.73	-0.91	0.99	0.82	0.96	0.83	-0.48	0.72	0.77	0.85	-0.64	-0.79	0.87
Non Current Assets Total	0.98	0.86	0.82	1.0	0.74	-0.69	-0.41	0.75	-0.98	0.91	-0.19	0.96		-0.68	-0.92	0.95	0.77	0.97	0.74	-0.62	0.69	0.71	0.88	-0.71	-0.72	0.81
Non Currrent Assets Other	-0.66	-0.58	-0.56	-0.68	-0.5	0.49	-0.1	-0.51	0.74	-0.64	0.48	-0.73	-0.68		0.71	-0.68	-0.5	-0.65	-0.52	0.34	-0.35	-0.44	-0.66	0.14	0.46	-0.55
Other Assets	-0.92	-0.77	-0.74	-0.93	-0.68	0.66	0.55	-0.69	0.93	-0.82	0.13	-0.91	-0.92	0.71		-0.89	-0.7	-0.86	-0.69	0.45	-0.63	-0.66	-0.83	0.8	0.63	-0.73
Cash And Short Term Investments	0.98	0.94	0.94	0.96	0.87	-0.82	-0.27	0.87	-0.98	0.96	-0.27	0.99	0.95	-0.68	-0.89		0.9	0.95	0.86	-0.41	0.83	0.86	0.88	-0.66	-0.87	0.93
Net Receivables	0.88	0.95	0.99	0.81	0.98	-0.9	-0.07	0.96	-0.84	0.94	-0.5	0.82	0.77	-0.5	-0.7	0.9		0.84	0.93	-0.08	0.94	0.99	0.78	-0.55	-0.99	0.99
Good Will	0.97	0.86	0.89	0.97	0.85	-0.84	-0.29	0.87	-0.98	0.97	-0.35	0.96	0.97	-0.65	-0.86	0.95	0.84		0.87	-0.49	0.71	0.78	0.8	-0.64	-0.8	0.88
Common Stock Total Equity	0.83	0.81	0.94	0.77	0.98	-1.0	-0.09	1.0	-0.84	0.94	-0.57	0.83	0.74	-0.52	-0.69	0.86	0.93	0.87		-0.03	0.77	0.9	0.6	-0.52	-0.92	0.94
Common Stock Shares Outstanding	-0.48	-0.3	-0.16	-0.56	-0.01	-0.02	0.38	-0.03	0.47	-0.28	-0.24	-0.48	-0.62	0.34	0.45	-0.41	-0.08	-0.49	-0.03		-0.07	0.0	-0.52	0.33	0.04	-0.14
Short Term Investments	0.8	0.95	0.91	0.74	0.87	-0.72	-0.12	0.82	-0.72	0.82	-0.29	0.72	0.69	-0.35	-0.63	0.83	0.94	0.71	0.77	-0.07		0.96	0.81	-0.57	-0.94	0.92
Non Current Liabilities Total	0.83	0.94	0.97	0.76	0.97	-0.87	-0.04	0.94	-0.78	0.9	-0.49	0.77	0.71	-0.44	-0.66	0.86	0.99	0.78	0.9	0.0	0.96		0.76	-0.53	-0.99	0.98
Inventory	0.9	0.92	0.8	0.9	0.68	-0.53	-0.23	0.64	-0.86	0.81	-0.2	0.85	0.88	-0.66	-0.83	0.88	0.78	0.8	0.6	-0.52	0.81	0.76		-0.58	-0.74	0.8
Other Current Assets	-0.71	-0.57	-0.55	-0.72	-0.52	0.5	0.87	-0.52	0.67	-0.59	-0.22	-0.64	-0.71	0.14	0.8	-0.66	-0.55	-0.64	-0.52	0.33	-0.57	-0.53	-0.58		0.48	-0.54
Other Stockholder Equity	-0.83	-0.94	-0.98	-0.76	-0.97	0.89	-0.01	-0.95	0.79	-0.91	0.52	-0.79	-0.72	0.46	0.63	-0.87	-0.99	-0.8	-0.92	0.04	-0.94	-0.99	-0.74	0.48		-0.99
Total Liab	0.9	0.96	1.0	0.84	0.98	-0.9	-0.07	0.96	-0.87	0.96	-0.47	0.87	0.81	-0.55	-0.73	0.93	0.99	0.88	0.94	-0.14	0.92	0.98	0.8	-0.54	-0.99

Click cells to compare fundamentals

MOGU Account Relationship Matchups

MOGU fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.4B	1.8B	1.2B	986.1M	887.5M	843.2M
Other Current Liab	417.9M	345.3M	292.9M	292.9M	263.6M	329.5M
Total Current Liabilities	435.1M	365.3M	321.8M	304.0M	273.6M	425.0M
Total Stockholder Equity	2.0B	1.5B	789.7M	644.0M	579.6M	550.7M
Other Liab	7.2M	25.2M	19.7M	13.0M	11.7M	11.1M
Net Tangible Assets	1.5B	981.0M	842.4M	636.5M	731.9M	768.5M
Property Plant And Equipment Net	14.1M	10.8M	7.7M	200.0M	230.0M	241.5M
Current Deferred Revenue	103K	77K	901K	245K	220.5K	209.5K
Net Debt	(856.6M)	(542.1M)	(428.5M)	(412.8M)	(474.7M)	(498.4M)
Retained Earnings	(7.6B)	(8.0B)	(8.6B)	(8.8B)	(7.9B)	(8.3B)
Accounts Payable	17.1M	19.9M	18.0M	8.2M	9.4M	16.4M
Cash	856.6M	542.1M	438.6M	416.2M	374.6M	688.6M
Non Current Assets Total	1.1B	852.8M	448.1M	345.5M	311.0M	295.4M
Non Currrent Assets Other	14.2M	163.1M	215.0M	63.6M	73.2M	79.2M
Other Assets	763K	14.2M	163.1M	215.0M	247.2M	259.6M
Cash And Short Term Investments	1.1B	802.3M	635.5M	562.0M	505.8M	869.5M
Net Receivables	113.2M	106.0M	27.4M	8.5M	7.6M	7.3M
Common Stock Shares Outstanding	4.2M	9.1M	8.8M	8.4M	9.7M	8.6M
Short Term Investments	238M	260.2M	196.9M	145.8M	131.3M	181.0M
Liabilities And Stockholders Equity	2.4B	1.8B	1.2B	986.1M	887.5M	843.2M
Non Current Liabilities Total	25.2M	19.7M	13.0M	4.1M	3.7M	3.5M
Inventory	2.9M	240K	79K	144K	129.6K	123.1K
Other Current Assets	6.2M	10.1M	5.8M	69.1M	79.5M	83.5M
Other Stockholder Equity	9.4B	9.3B	9.3B	9.3B	10.7B	8.5B
Total Liab	460.3M	385.0M	334.8M	308.1M	277.3M	448.9M
Long Term Investments	102.4M	66.4M	72.1M	69.3M	62.4M	87.3M
Property Plant And Equipment Gross	73.5M	10.8M	252.1M	200.0M	230.0M	241.5M
Total Current Assets	1.3B	987.1M	718.9M	640.6M	576.5M	1.1B
Accumulated Other Comprehensive Income	204.4M	100.5M	72.3M	85.7M	98.6M	96.1M
Non Current Liabilities Other	4.7M	3.6M	2.2M	890K	1.0M	972.3K
Short Term Debt	8.5M	5.8M	10.1M	2.7M	2.4M	2.3M
Intangible Assets	813.0M	426.0M	89.8M	12.6M	11.3M	10.7M
Property Plant Equipment	12.0M	14.1M	10.8M	7.7M	6.9M	6.6M
Net Invested Capital	2.0B	1.5B	799.8M	644.0M	740.6M	836.8M
Net Working Capital	875.5M	621.8M	397.1M	336.6M	303.0M	592.9M

Pair Trading with MOGU

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MOGU position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MOGU will appreciate offsetting losses from the drop in the long position's value.

Moving together with MOGU Stock

0.73

FNKO

Funko Inc

Pair Corr

Moving against MOGU Stock

0.64	HGV	Hilton Grand Vacations	Pair Corr
0.56	CZR	Caesars Entertainment	Pair Corr
0.56	LEA	Lear	Pair Corr
0.55	SMP	Standard Motor Products	Pair Corr
0.52	MGM	MGM Resorts International	Pair Corr

The ability to find closely correlated positions to MOGU could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MOGU when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MOGU - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MOGU Inc to buy it.

The correlation of MOGU is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MOGU moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MOGU Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for MOGU can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for MOGU Stock Analysis

When running MOGU's price analysis, check to measure MOGU'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 MOGU is operating at the current time. Most of MOGU's value examination focuses on studying past and present price action to predict the probability of MOGU's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MOGU's price. Additionally, you may evaluate how the addition of MOGU to your portfolios can decrease your overall portfolio volatility.

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