Marygold Debt Ratio from 2010 to 2024

MGLD Stock  USD 1.48  0.05  3.27%   
Marygold Companies' Debt Ratio is decreasing over the years with slightly volatile fluctuation. Debt Ratio is expected to dwindle to 0.01. During the period from 2010 to 2024 Marygold Companies Debt Ratio annual values regression line had geometric mean of  0.06 and mean square error of  0.06. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.01012189
Current Value
0.009616
Quarterly Volatility
0.3629566
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Marygold Companies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Marygold Companies' main balance sheet or income statement drivers, such as Other Operating Expenses of 41 M, Total Operating Expenses of 31.9 M or Depreciation And Amortization of 555.8 K, as well as many indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 0.0 or Days Sales Outstanding of 39.8. Marygold financial statements analysis is a perfect complement when working with Marygold Companies Valuation or Volatility modules.
  
Check out the analysis of Marygold Companies Correlation against competitors.
For information on how to trade Marygold Stock refer to our How to Trade Marygold Stock guide.

Latest Marygold Companies' Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Marygold Companies over the last few years. It is Marygold Companies' Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Marygold Companies' overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

Marygold Debt Ratio Regression Statistics

Arithmetic Mean0.23
Geometric Mean0.06
Coefficient Of Variation160.64
Mean Deviation0.28
Median0.03
Standard Deviation0.36
Sample Variance0.13
Range1.2225
R-Value(0.76)
Mean Square Error0.06
R-Squared0.58
Significance0.0009
Slope(0.06)
Total Sum of Squares1.84

Marygold Debt Ratio History

2024 0.009616
2023 0.0101
2022 0.0237
2021 0.0103
2020 0.0317
2019 0.04
2018 0.0325

Other Fundumenentals of Marygold Companies

Marygold Companies Debt Ratio component correlations

1.0-0.810.980.910.921.0-0.470.370.860.760.84-0.840.770.79-0.70.820.550.840.780.660.33
1.0-0.810.990.880.891.0-0.450.370.880.750.82-0.850.790.82-0.730.850.570.870.80.680.33
-0.81-0.81-0.83-0.75-0.78-0.820.35-0.17-0.57-0.77-0.810.71-0.32-0.520.32-0.6-0.52-0.63-0.7-0.210.02
0.980.99-0.830.880.870.99-0.380.310.870.750.84-0.890.760.8-0.70.840.580.860.80.630.28
0.910.88-0.750.880.950.9-0.470.170.690.740.8-0.670.640.58-0.520.570.360.580.570.530.32
0.920.89-0.780.870.950.92-0.490.340.670.690.87-0.690.610.6-0.520.610.430.620.640.520.3
1.01.0-0.820.990.90.92-0.460.360.860.740.85-0.840.780.8-0.710.830.580.840.780.660.33
-0.47-0.450.35-0.38-0.47-0.49-0.46-0.29-0.32-0.59-0.350.37-0.36-0.340.29-0.35-0.24-0.36-0.34-0.27-0.13
0.370.37-0.170.310.170.340.36-0.290.370.080.17-0.350.290.54-0.540.550.550.550.560.450.28
0.860.88-0.570.870.690.670.86-0.320.370.550.66-0.80.830.93-0.790.90.480.890.790.690.15
0.760.75-0.770.750.740.690.74-0.590.080.550.62-0.590.40.37-0.270.480.230.50.460.290.14
0.840.82-0.810.840.80.870.85-0.350.170.660.62-0.670.540.56-0.370.580.40.60.580.27-0.05
-0.84-0.850.71-0.89-0.67-0.69-0.840.37-0.35-0.8-0.59-0.67-0.65-0.820.64-0.85-0.6-0.87-0.9-0.62-0.27
0.770.79-0.320.760.640.610.78-0.360.290.830.40.54-0.650.8-0.890.790.460.790.550.850.49
0.790.82-0.520.80.580.60.8-0.340.540.930.370.56-0.820.8-0.880.940.690.940.880.720.21
-0.7-0.730.32-0.7-0.52-0.52-0.710.29-0.54-0.79-0.27-0.370.64-0.89-0.88-0.86-0.72-0.86-0.67-0.85-0.5
0.820.85-0.60.840.570.610.83-0.350.550.90.480.58-0.850.790.94-0.860.671.00.910.760.3
0.550.57-0.520.580.360.430.58-0.240.550.480.230.4-0.60.460.69-0.720.670.70.660.370.16
0.840.87-0.630.860.580.620.84-0.360.550.890.50.6-0.870.790.94-0.861.00.70.90.740.29
0.780.8-0.70.80.570.640.78-0.340.560.790.460.58-0.90.550.88-0.670.910.660.90.620.22
0.660.68-0.210.630.530.520.66-0.270.450.690.290.27-0.620.850.72-0.850.760.370.740.620.79
0.330.330.020.280.320.30.33-0.130.280.150.14-0.05-0.270.490.21-0.50.30.160.290.220.79
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About Marygold Companies Financial Statements

Marygold Companies stakeholders use historical fundamental indicators, such as Marygold Companies' Debt Ratio, to determine how well the company is positioned to perform in the future. Although Marygold Companies investors may analyze each financial statement separately, they are all interrelated. For example, changes in Marygold Companies' assets and liabilities are reflected in the revenues and expenses on Marygold Companies' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Marygold Companies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Ratio 0.01  0.01 
Cash Flow To Debt Ratio(5.74)(5.45)

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When determining whether Marygold Companies is a strong investment it is important to analyze Marygold Companies' 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 Marygold Companies' future performance. For an informed investment choice regarding Marygold Stock, refer to the following important reports:
Check out the analysis of Marygold Companies Correlation against competitors.
For information on how to trade Marygold Stock refer to our How to Trade Marygold Stock guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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 Marygold Companies. If investors know Marygold 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 Marygold Companies 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
(0.72)
Earnings Share
(0.13)
Revenue Per Share
0.823
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.13)
The market value of Marygold Companies is measured differently than its book value, which is the value of Marygold that is recorded on the company's balance sheet. Investors also form their own opinion of Marygold Companies' value that differs from its market value or its book value, called intrinsic value, which is Marygold Companies' 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 Marygold Companies' market value can be influenced by many factors that don't directly affect Marygold Companies' 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 Marygold Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Marygold Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marygold Companies' 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.