Marygold Companies Financials

MGLD Stock  USD 1.55  0.35  29.17%   
Based on the key indicators related to Marygold Companies' liquidity, profitability, solvency, and operating efficiency, Marygold Companies is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At present, Marygold Companies' Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 27.9 M, whereas Cash is forecasted to decline to about 3.5 M. Key indicators impacting Marygold Companies' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.02724.6346
Way Down
Slightly volatile
The financial analysis of Marygold Companies is a critical element in measuring its lifeblood. Investors should not minimize Marygold Companies' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(3.87 Million)

  
Understanding current and past Marygold Companies Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Marygold Companies' financial statements are interrelated, with each one affecting the others. For example, an increase in Marygold Companies' assets may result in an increase in income on the income statement.
Please note, the presentation of Marygold Companies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Marygold Companies' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Marygold Companies' management manipulating its earnings.

Marygold Companies Stock Summary

Marygold Companies competes with MFS Investment, Invesco High, Eaton Vance, Nuveen California, and Federated Premier. The Marygold Companies Inc., through its subsidiaries, engages in investment fund management, beauty products, food products, and security alarm systems businesses in the United States, the United Kingdom, New Zealand, Australia, and Canada. The Marygold Companies Inc. was founded in 1996 and is headquartered in San Clemente, California. Marygold operates under Asset Management classification in the United States and is traded on AMEX Exchange. It employs 101 people.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS57403M1045
CUSIP57403M104 206065302 206065104 206065203
LocationCalifornia; U.S.A
Business Address120 Calle Iglesia,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitethemarygoldcompanies.com
Phone949 429 5370
CurrencyUSD - US Dollar

Marygold Companies Key Financial Ratios

Marygold Companies Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets24.4M31.5M35.3M35.3M32.9M34.5M
Net Debt(8.1M)(14.0M)(11.0M)(6.9M)(4.1M)(4.3M)
Retained Earnings9.9M15.8M16.9M18.1M14.0M14.7M
Accounts Payable1.4M1.7M2.0M1.3M2.0M2.1M
Cash9.8M16.1M12.9M8.2M5.5M3.5M
Total Liab5.3M6.2M6.3M4.9M6.3M6.6M
Total Current Assets17.6M24.1M25.2M26.8M24.3M25.5M
Common Stock37.2K37.4K37.5K39.4K40K38K
Other Current Liab1.9M2.0M1.9M3.7M2.3M2.4M
Other Current Assets209.5K1.1M1.9M15.0K4.4M4.6M
Short Term Debt340.1K1.1M676.1K816.1K835K876.8K
Intangible Assets2.5M2.3M2.7M2.3M1.4M2.1M
Net Receivables3.3M3.1M3.2M4.0M2.7M1.5M
Inventory1.2M2.0M2.2M2.3M2.2M2.3M
Other Liab128.5K169.4K260.6K242.3K278.6K217.4K
Net Tangible Assets15.7M21.9M24.0M25.7M29.6M20.9M
Other Assets803.9K881.6K1.8M500.0450.0427.5
Long Term Debt959.8K379.8K459.2K88.5K70K66.5K
Net Invested Capital20.1M26.3M29.5M30.8M27.0M26.6M
Short Long Term Debt16.7K618.6K33.5K358.8K333K226.4K
Net Working Capital14.0M19.0M20.4M22.6M19.0M18.7M

Marygold Companies Key Income Statement Accounts

201920202021202220232024 (projected)
Operating Income1.9M7.4M4.9M1.4M(6.3M)(5.9M)
Ebit(21.9M)(24.5M)(27.5M)(31.3M)(4.9M)(5.1M)
Ebitda3.0M8.0M5.4M2.2M(4.3M)(4.1M)
Income Before Tax2.3M7.6M2.4M1.6M(5.4M)(5.2M)
Net Income1.8M5.8M1.1M1.2M(4.1M)(3.9M)
Interest Expense41.1K40.4K31.5K19.9K16K15.2K
Income Tax Expense563.0K1.8M1.2M429.0K(1.4M)(1.3M)
Total Revenue26.7M39.9M37.8M34.9M32.8M17.6M
Gross Profit20.3M30.6M28.6M26.1M24.1M13.2M
Cost Of Revenue6.5M9.3M9.2M8.8M8.7M4.4M
Tax Provision563.0K1.8M1.2M429.0K(1.4M)(1.3M)
Net Interest Income55.1K(11.6K)3.8K255.0K740K777K
Interest Income96.2K28.8K35.4K274.9K756K793.8K
Research Development0.090.190.060.050.0450.0614

Marygold Companies Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash3.3M6.3M(2.2M)(5.3M)(3.1M)(2.9M)
Free Cash Flow884.2K7.1M(624.3K)1.8M(2.0M)(1.9M)
Other Non Cash Items258.7K614.5K733.2K786.3K2.1M2.2M
Capital Expenditures777.3K77.7K44.0K94.7K54K84.7K
Net Income1.8M5.8M1.1M1.2M(4.1M)(3.9M)
End Period Cash Flow9.8M16.1M13.9M8.6M5.5M3.6M
Depreciation601.8K600.0K561.0K577.1K585K614.3K
Change To Inventory(191.8K)(787.1K)(379.9K)(81.9K)56K58.8K
Investments2.1M(7.8K)(3.2M)(7.3M)(926K)(972.3K)
Net Borrowings289.1K(28.4K)(645.4K)(20.3K)(18.3K)(19.2K)
Change To Netincome465.5K688.4K784.9K833.3K958.3K674.7K

Marygold Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Marygold Companies's current stock value. Our valuation model uses many indicators to compare Marygold Companies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Marygold Companies competition to find correlations between indicators driving Marygold Companies's intrinsic value. More Info.
Marygold Companies is rated below average in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers . At present, Marygold Companies' Return On Equity is projected to increase based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Marygold Companies by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Marygold Companies Systematic Risk

Marygold Companies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Marygold Companies volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Marygold Companies correlated with the market. If Beta is less than 0 Marygold Companies generally moves in the opposite direction as compared to the market. If Marygold Companies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Marygold Companies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Marygold Companies is generally in the same direction as the market. If Beta > 1 Marygold Companies moves generally in the same direction as, but more than the movement of the benchmark.

About Marygold Companies Financials

What exactly are Marygold Companies Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Marygold Companies' income statement, its balance sheet, and the statement of cash flows. Potential Marygold Companies investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Marygold Companies investors may use each financial statement separately, they are all related. The changes in Marygold Companies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Marygold Companies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Today, most investors in Marygold Companies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Marygold Companies' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Marygold Companies growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0339

At present, Marygold Companies' Price Earnings To Growth Ratio is projected to drop slightly based on the last few years of reporting.

Marygold Companies November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Marygold Companies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Marygold Companies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Marygold Companies based on widely used predictive technical indicators. In general, we focus on analyzing Marygold Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Marygold Companies's daily price indicators and compare them against related drivers.

Complementary Tools for Marygold Stock analysis

When running Marygold Companies' price analysis, check to measure Marygold Companies' 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 Marygold Companies is operating at the current time. Most of Marygold Companies' value examination focuses on studying past and present price action to predict the probability of Marygold Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marygold Companies' price. Additionally, you may evaluate how the addition of Marygold Companies to your portfolios can decrease your overall portfolio volatility.
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