MGP Total Current Liabilities from 2010 to 2024

MGPI Stock  USD 46.75  0.13  0.28%   
MGP Ingredients' Total Current Liabilities is increasing with slightly volatile movements from year to year. Total Current Liabilities is estimated to finish at about 119.8 M this year. Total Current Liabilities is the total amount of liabilities that MGP Ingredients is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
1988-06-30
Previous Quarter
84.8 M
Current Value
82.3 M
Quarterly Volatility
24.3 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MGP Ingredients financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MGP Ingredients' main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.2 M, Interest Expense of 7 M or Total Revenue of 878.3 M, as well as many indicators such as Price To Sales Ratio of 2.73, Dividend Yield of 0.008 or PTB Ratio of 1.77. MGP financial statements analysis is a perfect complement when working with MGP Ingredients Valuation or Volatility modules.
  
Check out the analysis of MGP Ingredients Correlation against competitors.
For more detail on how to invest in MGP Stock please use our How to Invest in MGP Ingredients guide.

Latest MGP Ingredients' Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of MGP Ingredients over the last few years. Total Current Liabilities is an item on MGP Ingredients balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of MGP Ingredients are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. MGP Ingredients' Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MGP Ingredients' overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

MGP Total Current Liabilities Regression Statistics

Arithmetic Mean54,125,020
Geometric Mean45,822,905
Coefficient Of Variation63.72
Mean Deviation28,212,296
Median37,661,000
Standard Deviation34,487,280
Sample Variance1189.4T
Range100.5M
R-Value0.89
Mean Square Error273T
R-Squared0.79
Significance0.00001
Slope6,840,600
Total Sum of Squares16651.2T

MGP Total Current Liabilities History

2024119.8 M
2023114.1 M
2022105.4 M
202188.8 M
202053.3 M
201939.3 M
201837.5 M

About MGP Ingredients Financial Statements

Investors use fundamental indicators, such as MGP Ingredients' Total Current Liabilities, to determine how well the company is positioned to perform in the future. Although MGP Ingredients' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Total Current Liabilities114.1 M119.8 M

Currently Active Assets on Macroaxis

When determining whether MGP Ingredients offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MGP Ingredients' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mgp Ingredients Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mgp Ingredients Stock:
Check out the analysis of MGP Ingredients Correlation against competitors.
For more detail on how to invest in MGP Stock please use our How to Invest in MGP Ingredients guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Distillers & Vintners 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 MGP Ingredients. If investors know MGP 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 MGP Ingredients 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
0.845
Dividend Share
0.48
Earnings Share
4.82
Revenue Per Share
33.38
Quarterly Revenue Growth
(0.24)
The market value of MGP Ingredients is measured differently than its book value, which is the value of MGP that is recorded on the company's balance sheet. Investors also form their own opinion of MGP Ingredients' value that differs from its market value or its book value, called intrinsic value, which is MGP Ingredients' 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 MGP Ingredients' market value can be influenced by many factors that don't directly affect MGP Ingredients' 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 MGP Ingredients' value and its price as these two are different measures arrived at by different means. Investors typically determine if MGP Ingredients is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGP Ingredients' 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.