MGO Cost Of Revenue vs Net Income From Continuing Ops Analysis
| MGOL Stock | 2.34 0.03 1.27% |
MGO Global financial indicator trend analysis is infinitely more than just investigating MGO Global Common recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MGO Global Common is a good investment. Please check the relationship between MGO Global Cost Of Revenue and its Net Income From Continuing Ops accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGO Global Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Cost Of Revenue vs Net Income From Continuing Ops
Cost Of Revenue vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MGO Global Common Cost Of Revenue account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have pay attention.
The correlation between MGO Global's Cost Of Revenue and Net Income From Continuing Ops is -0.96. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of MGO Global Common, assuming nothing else is changed. The correlation between historical values of MGO Global's Cost Of Revenue and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of MGO Global Common are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Cost Of Revenue i.e., MGO Global's Cost Of Revenue and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.96 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on MGO Global Common income statement and represents the costs associated with goods and services MGO Global provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Net Income From Continuing Ops
Most indicators from MGO Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MGO Global Common current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGO Global Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, MGO Global's Selling General Administrative is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 8.7 M this year, although Enterprise Value Over EBITDA is projected to rise to (0.66).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 104.0K | 236.2K | 456.0 | 433.2 | Depreciation And Amortization | 458.1K | 2.6M | 6.5K | 6.2K |
MGO Global fundamental ratios Correlations
Click cells to compare fundamentals
MGO Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Movies & Entertainment 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 MGO Global. If investors know MGO 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 MGO Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.56) | Revenue Per Share 3.655 | Quarterly Revenue Growth (0.17) | Return On Assets (1.55) | Return On Equity (3.12) |
The market value of MGO Global Common is measured differently than its book value, which is the value of MGO that is recorded on the company's balance sheet. Investors also form their own opinion of MGO Global's value that differs from its market value or its book value, called intrinsic value, which is MGO Global's 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 MGO Global's market value can be influenced by many factors that don't directly affect MGO Global's 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 MGO Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGO Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGO Global's 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.