MFG Stock | | | 10.72 0.13 1.23% |
Chairman
Andrew Formica is Executive Chairman of Magellan Financial Group
Address | Level 36, Sydney, NSW, Australia, 2000 |
Phone | 612 9235 4888 |
Web | https://www.magellangroup.com.au |
Magellan Financial Management Efficiency
The company has return on total asset
(ROA) of
0.1458 % which means that it generated a profit of $0.1458 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.2409 %, meaning that it generated $0.2409 on every $100 dollars invested by stockholders. Magellan Financial's management efficiency ratios could be used to measure how well Magellan Financial manages its routine affairs as well as how well it operates its assets and liabilities.
Total Current Liabilities is likely to gain to about 69
M in 2024, whereas
Liabilities And Stockholders Equity is likely to drop slightly above 687.8
M in 2024.
Magellan Financial Group has accumulated 7.61
M in total debt. Debt can assist Magellan Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Magellan Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Magellan Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Magellan to invest in growth at high rates of return. When we think about Magellan Financial's use of debt, we should always consider it together with cash and equity.
Magellan Financial Group (MFG) is traded on Australian Securities Exchange in Australia and employs 109 people. Magellan Financial is listed under Asset Management & Custody Banks category by Fama And French industry classification.
Management Performance
Magellan Financial Leadership Team
Elected by the shareholders, the Magellan Financial's board of directors comprises two types of representatives: Magellan Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Magellan. The board's role is to monitor Magellan Financial's management team and ensure that shareholders' interests are well served. Magellan Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Magellan Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| David George, MD, CEO | |
| Benjamin CFA, Portfolio Sector | |
| Ryan CFA, Portfolio Sector | |
| CFA CFA, Portfolio Research | |
| Alan CFA, Head Manager | |
| Adam Smith, Head Trading | |
| Mark Burgess, Head Marketing | |
| Andrew Formica, Executive Chairman | |
| Nikki CFA, Portfolio Research | |
| Kirsten Morton, COO CFO | |
| Leo Quintana, Chief Officer | |
| Rebecca Smith, Head Projects | |
| Frank Casarotti, Gen Marketing | |
| Marcia Venegas, Compliance Risk | |
| Anthony Wallace, Head Operations | |
| Craig Wright, Head Relation | |
| Greg Dring, Portfolio Franchises | |
| Gerald Stack, Head Officer | |
| Domenico Giuliano, Head Sustainable | |
Magellan Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Magellan Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
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Additional Tools for Magellan Stock Analysis
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measure Magellan Financial's 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 Magellan Financial is operating at the current time. Most of Magellan Financial's value examination focuses on studying past and present price action to
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