Majic Financial Statements From 2010 to 2024

MJWL Stock  USD 0.0001  0.00  0.00%   
Majic Wheels financial statements provide useful quarterly and yearly information to potential Majic Wheels Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Majic Wheels financial statements helps investors assess Majic Wheels' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Majic Wheels' valuation are summarized below:
Market Capitalization
390.7 K
Revenue
175.8 K
Earnings Share
(0.01)
Quarterly Revenue Growth
0.558
Revenue Per Share
0.001
There are over ninety-six available fundamental ratios for Majic Wheels, which can be analyzed over time and compared to other ratios. We recommend to check Majic Wheels' last-minute fundamental drivers against the all of the trends between 2010 and 2024. The value of Market Cap is estimated to slide to about 53.5 K. The Enterprise Value is projected to slide to about 267.2 K
Check Majic Wheels financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Majic Wheels' main balance sheet or income statement drivers, such as Depreciation And Amortization of 807.2 K, Interest Expense of 101.5 K or Other Operating Expenses of 854.6 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. Majic financial statements analysis is a perfect complement when working with Majic Wheels Valuation or Volatility modules.
  
Check out the analysis of Majic Wheels Correlation against competitors.

Majic Wheels Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Other Current Liabilities2.2 M2.1 M1.7 M
Slightly volatile
Total Current Liabilities2.6 M2.4 MM
Slightly volatile
Common Stock Shares Outstanding77.2 M140.7 M113.1 M
Slightly volatile
Total Liabilities2.6 M2.4 MM
Slightly volatile
Common Stock10.1 K17.2 K13.9 K
Slightly volatile
Other Stockholder Equity184.8 K256.8 K215.8 K
Slightly volatile
Short and Long Term Debt24.7 K23.6 K19.6 K
Slightly volatile
Short and Long Term Debt Total267.2 K333.6 K285.2 K
Slightly volatile
Current Deferred Revenue675.4 K759.9 K827.4 K
Slightly volatile

Majic Wheels Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization807.2 K768.7 K640.3 K
Slightly volatile
Interest Expense101.5 K96.7 K80.5 K
Slightly volatile
Other Operating Expenses854.6 K813.9 K678.6 K
Slightly volatile
Total Operating Expenses854.6 K813.9 K678.6 K
Slightly volatile
Selling General Administrative854.6 K813.9 K682.6 K
Slightly volatile
Income Tax Expense101.5 K96.7 K80.7 K
Slightly volatile

Majic Wheels Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Change In Working Capital842 K801.9 K668.7 K
Slightly volatile
Depreciation7.738.14504
Slightly volatile
Total Cash From Financing Activities138.3 K92.3 K80.1 K
Slightly volatile
End Period Cash Flow1.4 K827771
Slightly volatile
Net Borrowings96 K92.3 K78.3 K
Slightly volatile
Begin Period Cash Flow1.4 K827771
Slightly volatile
Change To Netincome807.2 K768.7 K651.2 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Capex To Depreciation0.280.290.3665
Slightly volatile
ROIC0.450.470.7395
Slightly volatile
Cash Per Share0.00.00.0
Slightly volatile
ROE0.750.790.7218
Pretty Stable
Intangibles To Total Assets0.680.880.9283
Very volatile
Current Ratio0.00560.00590.0064
Slightly volatile
Graham Number0.05270.05010.052
Slightly volatile
Capex Per Share0.00.01.0E-4
Slightly volatile
Interest Debt Per Share0.00240.00220.0023
Slightly volatile
Ebt Per Ebit1.151.751.8165
Very volatile
Return On Capital Employed0.360.380.3853
Slightly volatile
Quick Ratio0.00560.00590.0064
Slightly volatile
Net Income Per E B T0.840.951.0373
Slightly volatile
Cash Ratio0.00560.00590.0064
Slightly volatile
Return On Equity0.750.790.7218
Pretty Stable

Majic Wheels Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap53.5 K56.3 K135.5 K
Slightly volatile
Enterprise Value267.2 K281.3 K321.2 K
Slightly volatile

Majic Fundamental Market Drivers

Forward Price Earnings10.8696

About Majic Wheels Financial Statements

Majic Wheels investors utilize fundamental indicators, such as revenue or net income, to predict how Majic 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
Current Deferred Revenue759.9 K675.4 K

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When determining whether Majic Wheels Corp is a strong investment it is important to analyze Majic Wheels' 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 Majic Wheels' future performance. For an informed investment choice regarding Majic Stock, refer to the following important reports:
Check out the analysis of Majic Wheels Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Environmental & Facilities Services 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 Majic Wheels. If investors know Majic 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 Majic Wheels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.01)
Revenue Per Share
0.001
Quarterly Revenue Growth
0.558
The market value of Majic Wheels Corp is measured differently than its book value, which is the value of Majic that is recorded on the company's balance sheet. Investors also form their own opinion of Majic Wheels' value that differs from its market value or its book value, called intrinsic value, which is Majic Wheels' 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 Majic Wheels' market value can be influenced by many factors that don't directly affect Majic Wheels' 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 Majic Wheels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Majic Wheels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Majic Wheels' 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.