MOGU Cash vs Other Assets Analysis
MOGU Stock | USD 2.22 0.22 11.00% |
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 Other Assets 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 tightly coupled with the direction of predictive economic indicators such as signals in price.
Cash vs Other Assets
Cash vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MOGU Inc Cash account and Other Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between MOGU's Cash and Other Assets is -0.91. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Assets 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 Other Assets 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 Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Cash i.e., MOGU's Cash and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.91 |
Relationship Direction | Negative |
Relationship Strength | Significant |
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.Other Assets
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 tightly coupled 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 |
MOGU fundamental ratios Correlations
Click cells to compare fundamentals
MOGU Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 against MOGU Stock
0.42 | BBY | Best Buy Earnings Call This Week | PairCorr |
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.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 tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the MOGU Inc information on this page should be used as a complementary analysis to other MOGU'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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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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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Is MOGU'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 MOGU. If investors know MOGU 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 MOGU listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.53) | Revenue Per Share 23.351 | Quarterly Revenue Growth (0.28) | Return On Assets (0.05) | Return On Equity (0.24) |
The market value of MOGU Inc is measured differently than its book value, which is the value of MOGU that is recorded on the company's balance sheet. Investors also form their own opinion of MOGU's value that differs from its market value or its book value, called intrinsic value, which is MOGU'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 MOGU's market value can be influenced by many factors that don't directly affect MOGU'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 MOGU's value and its price as these two are different measures arrived at by different means. Investors typically determine if MOGU is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MOGU'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.