Magic Non Current Liabilities Total from 2010 to 2024

MEGL Stock  USD 0.50  0.01  2.04%   
Magic Empire Non Current Liabilities Total yearly trend continues to be quite stable with very little volatility. The value of Non Current Liabilities Total is projected to decrease to about 3 M. From the period between 2010 and 2024, Magic Empire, Non Current Liabilities Total regression line of its data series had standard deviation of  1,263,567 and standard deviation of  1,263,567. View All Fundamentals
 
Non Current Liabilities Total  
First Reported
2010-12-31
Previous Quarter
M
Current Value
M
Quarterly Volatility
1.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Magic Empire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magic Empire's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 M, Interest Expense of 142.7 K or Selling General Administrative of 3.8 M, as well as many indicators such as Price To Sales Ratio of 12.86, Dividend Yield of 0.0066 or PTB Ratio of 1.32. Magic financial statements analysis is a perfect complement when working with Magic Empire Valuation or Volatility modules.
  
Check out the analysis of Magic Empire Correlation against competitors.

Latest Magic Empire's Non Current Liabilities Total Growth Pattern

Below is the plot of the Non Current Liabilities Total of Magic Empire Global over the last few years. It is Magic Empire's Non Current Liabilities Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magic Empire's overall financial position and show how it may be relating to other accounts over time.
Non Current Liabilities Total10 Years Trend
Slightly volatile
   Non Current Liabilities Total   
       Timeline  

Magic Non Current Liabilities Total Regression Statistics

Arithmetic Mean4,986,398
Geometric Mean4,768,543
Coefficient Of Variation25.34
Mean Deviation1,006,277
Median5,672,496
Standard Deviation1,263,567
Sample Variance1.6T
Range3.9M
R-Value(0.71)
Mean Square Error844.3B
R-Squared0.51
Significance0
Slope(201,573)
Total Sum of Squares22.4T

Magic Non Current Liabilities Total History

2024M
2023M
20221.7 M
20213.7 M

About Magic Empire Financial Statements

Magic Empire investors utilize fundamental indicators, such as Non Current Liabilities Total, to predict how Magic Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Non Current Liabilities TotalMM

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When determining whether Magic Empire Global is a strong investment it is important to analyze Magic Empire's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Magic Empire's future performance. For an informed investment choice regarding Magic Stock, refer to the following important reports:
Check out the analysis of Magic Empire Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Asset Management & Custody Banks space 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 Magic Empire. If investors know Magic 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 Magic Empire 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
(0.14)
Revenue Per Share
0.762
Quarterly Revenue Growth
0.269
Return On Assets
(0)
Return On Equity
(0)
The market value of Magic Empire Global is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Empire's value that differs from its market value or its book value, called intrinsic value, which is Magic Empire'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 Magic Empire's market value can be influenced by many factors that don't directly affect Magic Empire'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 Magic Empire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Empire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Empire'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.