Mogo Net Income Per Share vs Roe Analysis

MOGO Stock

CAD 2.06 0.03 1.48%

Mogo financial indicator trend analysis is infinitely more than just investigating Mogo Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mogo Inc is a good investment. Please check the relationship between Mogo Net Income Per Share and its Roe accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mogo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income Per Share vs Roe

Net Income Per Share vs Roe Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mogo Inc Net Income Per Share account and Roe. At this time, the significance of the direction appears to have no relationship.

The correlation between Mogo's Net Income Per Share and Roe is 0.08. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Roe in the same time period over historical financial statements of Mogo Inc, assuming nothing else is changed. The correlation between historical values of Mogo's Net Income Per Share and Roe is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of Mogo Inc are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Net Income Per Share i.e., Mogo's Net Income Per Share and Roe go up and down completely randomly.

Correlation Coefficient

0.08

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Income Per Share

Roe

Most indicators from Mogo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mogo Inc 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 Mogo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.35, while Selling General Administrative is likely to drop about 13.8 M.

	2021	2022	2023	2024 (projected)
Gross Profit	46.0M	46.2M	46.3M	34.1M
Total Revenue	57.5M	68.9M	64.8M	49.0M

Gross Profit Total Revenue

Mogo fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Net Tangible Assets	Accounts Payable	Long Term Debt	Net Receivables	Other Current Assets	Other Stockholder Equity	Short Long Term Debt
Total Assets		0.73	0.85	0.56	0.3	-0.6	0.82	0.94	-0.08	-0.49	0.82	0.81	0.61	0.74	0.83	0.96	0.81	0.68	0.28	0.75	0.63	0.26	0.44	-0.17	0.27	0.11
Total Current Liabilities	0.73		0.34	0.73	0.63	-0.54	0.51	0.49	-0.29	-0.72	0.51	0.51	0.75	0.99	0.93	0.72	0.56	0.91	0.54	0.48	0.88	0.5	0.71	-0.11	-0.02	0.52
Total Stockholder Equity	0.85	0.34		0.14	0.2	-0.58	0.82	0.9	-0.05	-0.24	0.82	0.72	0.38	0.33	0.54	0.81	0.82	0.24	0.14	0.83	0.28	-0.11	0.02	-0.2	0.66	-0.26
Property Plant And Equipment Net	0.56	0.73	0.14		0.29	-0.08	0.42	0.37	-0.02	-0.54	0.42	0.47	0.35	0.76	0.73	0.5	0.19	0.86	0.12	0.08	0.61	0.61	0.87	-0.07	-0.38	0.48
Net Debt	0.3	0.63	0.2	0.29		-0.38	0.31	0.07	-0.41	-0.64	0.31	0.14	0.56	0.58	0.6	0.34	0.29	0.41	0.64	0.26	0.45	0.07	0.41	-0.1	0.48	0.23
Retained Earnings	-0.6	-0.54	-0.58	-0.08	-0.38		-0.28	-0.59	0.16	0.41	-0.28	-0.68	-0.64	-0.49	-0.47	-0.74	-0.93	-0.45	-0.22	-0.91	-0.52	-0.14	0.09	0.45	-0.49	0.16
Cash	0.82	0.51	0.82	0.42	0.31	-0.28		0.72	-0.21	-0.45	1.0	0.55	0.36	0.52	0.77	0.68	0.56	0.43	0.2	0.56	0.5	0.18	0.44	-0.07	0.39	0.13
Non Current Assets Total	0.94	0.49	0.9	0.37	0.07	-0.59	0.72		0.1	-0.28	0.72	0.85	0.49	0.49	0.59	0.93	0.82	0.46	0.13	0.76	0.38	0.09	0.18	-0.2	0.33	-0.15
Non Currrent Assets Other	-0.08	-0.29	-0.05	-0.02	-0.41	0.16	-0.21	0.1		0.28	-0.21	0.2	-0.33	-0.27	-0.33	-0.04	-0.11	-0.1	0.05	-0.17	-0.56	-0.31	-0.08	-0.15	-0.19	0.04
Other Assets	-0.49	-0.72	-0.24	-0.54	-0.64	0.41	-0.45	-0.28	0.28		-0.45	-0.29	-0.79	-0.72	-0.73	-0.46	-0.41	-0.67	-0.3	-0.37	-0.66	-0.48	-0.47	-0.01	-0.07	-0.36
Cash And Short Term Investments	0.82	0.51	0.82	0.42	0.31	-0.28	1.0	0.72	-0.21	-0.45		0.55	0.36	0.52	0.77	0.68	0.56	0.43	0.2	0.56	0.5	0.18	0.44	-0.07	0.39	0.13
Common Stock Shares Outstanding	0.81	0.51	0.72	0.47	0.14	-0.68	0.55	0.85	0.2	-0.29	0.55		0.35	0.51	0.55	0.9	0.8	0.58	0.09	0.71	0.39	0.2	0.31	-0.61	0.28	-0.16
Non Current Liabilities Total	0.61	0.75	0.38	0.35	0.56	-0.64	0.36	0.49	-0.33	-0.79	0.36	0.35		0.72	0.68	0.65	0.61	0.59	0.31	0.58	0.71	0.39	0.2	0.09	0.17	0.23
Total Liab	0.74	0.99	0.33	0.76	0.58	-0.49	0.52	0.49	-0.27	-0.72	0.52	0.51	0.72		0.93	0.71	0.53	0.94	0.53	0.43	0.86	0.56	0.73	-0.04	-0.08	0.51
Total Current Assets	0.83	0.93	0.54	0.73	0.6	-0.47	0.77	0.59	-0.33	-0.73	0.77	0.55	0.68	0.93		0.75	0.59	0.84	0.44	0.54	0.86	0.46	0.72	-0.09	0.11	0.49
Intangible Assets	0.96	0.72	0.81	0.5	0.34	-0.74	0.68	0.93	-0.04	-0.46	0.68	0.9	0.65	0.71	0.75		0.88	0.66	0.29	0.8	0.59	0.22	0.35	-0.34	0.33	-0.02
Common Stock	0.81	0.56	0.82	0.19	0.29	-0.93	0.56	0.82	-0.11	-0.41	0.56	0.8	0.61	0.53	0.59	0.88		0.49	0.19	0.98	0.52	0.13	-0.01	-0.36	0.53	-0.17
Short Long Term Debt Total	0.68	0.91	0.24	0.86	0.41	-0.45	0.43	0.46	-0.1	-0.67	0.43	0.58	0.59	0.94	0.84	0.66	0.49		0.34	0.37	0.79	0.7	0.74	-0.11	-0.25	0.46
Other Current Liab	0.28	0.54	0.14	0.12	0.64	-0.22	0.2	0.13	0.05	-0.3	0.2	0.09	0.31	0.53	0.44	0.29	0.19	0.34		0.11	0.2	-0.23	0.39	0.02	0.24	0.43
Net Tangible Assets	0.75	0.48	0.83	0.08	0.26	-0.91	0.56	0.76	-0.17	-0.37	0.56	0.71	0.58	0.43	0.54	0.8	0.98	0.37	0.11		0.5	0.05	-0.11	-0.35	0.59	-0.18
Accounts Payable	0.63	0.88	0.28	0.61	0.45	-0.52	0.5	0.38	-0.56	-0.66	0.5	0.39	0.71	0.86	0.86	0.59	0.52	0.79	0.2	0.5		0.65	0.57	-0.13	-0.09	0.47
Long Term Debt	0.26	0.5	-0.11	0.61	0.07	-0.14	0.18	0.09	-0.31	-0.48	0.18	0.2	0.39	0.56	0.46	0.22	0.13	0.7	-0.23	0.05	0.65		0.44	0.09	-0.48	0.25
Net Receivables	0.44	0.71	0.02	0.87	0.41	0.09	0.44	0.18	-0.08	-0.47	0.44	0.31	0.2	0.73	0.72	0.35	-0.01	0.74	0.39	-0.11	0.57	0.44		-0.14	-0.34	0.64
Other Current Assets	-0.17	-0.11	-0.2	-0.07	-0.1	0.45	-0.07	-0.2	-0.15	-0.01	-0.07	-0.61	0.09	-0.04	-0.09	-0.34	-0.36	-0.11	0.02	-0.35	-0.13	0.09	-0.14		-0.27	0.15
Other Stockholder Equity	0.27	-0.02	0.66	-0.38	0.48	-0.49	0.39	0.33	-0.19	-0.07	0.39	0.28	0.17	-0.08	0.11	0.33	0.53	-0.25	0.24	0.59	-0.09	-0.48	-0.34	-0.27		-0.46
Short Long Term Debt	0.11	0.52	-0.26	0.48	0.23	0.16	0.13	-0.15	0.04	-0.36	0.13	-0.16	0.23	0.51	0.49	-0.02	-0.17	0.46	0.43	-0.18	0.47	0.25	0.64	0.15	-0.46

Click cells to compare fundamentals

Mogo Account Relationship Matchups

Mogo fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	151.1M	104.5M	393.9M	221.5M	207.8M	149.1M
Total Current Liabilities	87.7M	45.5M	65.8M	67.2M	73.5M	55.3M
Total Stockholder Equity	(92.7M)	5.2M	269.8M	110.9M	93.7M	98.4M
Property Plant And Equipment Net	6.6M	4.8M	4.6M	3.7M	1.2M	1.1M
Net Debt	(159K)	79.3M	19.5M	58.5M	72.8M	51.6M
Retained Earnings	(101.6M)	(115.1M)	(148.3M)	(313.9M)	(331.8M)	(315.2M)
Cash	5.4M	12.1M	69.2M	29.3M	16.1M	24.7M
Non Current Assets Total	48.8M	42.1M	258.5M	121.4M	115.1M	61.6M
Non Currrent Assets Other	137K	3.0M	7.9M	5.2M	(63.5M)	(60.3M)
Other Assets	273K	137K	0.0	1.6M	1K	950.0
Cash And Short Term Investments	5.4M	12.1M	69.2M	29.3M	16.1M	24.7M
Common Stock Shares Outstanding	25.5M	28.9M	63.0M	76.3M	24.9M	22.9M
Non Current Liabilities Total	61.6M	53.7M	58.3M	43.4M	106.8M	56.4M
Total Liab	149.3M	99.2M	124.1M	110.6M	114.0M	108.1M
Total Current Assets	102.3M	62.3M	135.3M	100.1M	92.7M	86.6M
Intangible Assets	21.3M	18.9M	52.3M	41.8M	36.6M	21.2M
Common Stock	94.5M	106.7M	392.6M	391.2M	389.8M	409.3M
Short Long Term Debt Total	214.6M	129.0M	133.7M	133.9M	88.9M	117.1M
Other Current Liab	4.1M	4.6M	15.8M	15.3M	17.6M	16.2M
Net Tangible Assets	(27.4M)	(19.5M)	(13.7M)	147.4M	169.5M	177.9M
Accounts Payable	7.1M	3.3M	5.0M	5.7M	6.4M	5.5M
Long Term Debt	132.9M	87.1M	39.8M	38.3M	36.8M	57.7M
Net Receivables	88.7M	47.2M	61.2M	66.7M	1.2M	1.2M
Liabilities And Stockholders Equity	56.6M	104.5M	393.9M	221.5M	207.8M	152.1M
Other Current Assets	3.2M	3.0M	4.9M	(36.4M)	1.7M	1.8M
Other Stockholder Equity	(85.6M)	13.6M	24.5M	33.0M	35.5M	37.3M
Short Long Term Debt	76.5M	37.6M	45.0M	46.2M	49.4M	44.3M
Short Term Debt	76.5M	37.6M	45.0M	46.2M	49.4M	53.0M
Property Plant Equipment	6.6M	4.8M	4.6M	3.7M	4.3M	3.9M
Common Stock Total Equity	71.4M	75.0M	94.5M	106.7M	122.7M	75.0M
Property Plant And Equipment Gross	6.6M	4.8M	9.5M	9.1M	1.7M	1.6M
Accumulated Other Comprehensive Income	(6.4M)	(4.4M)	926K	559K	243K	255.2K
Long Term Debt Total	138.1M	91.4M	88.7M	87.7M	100.9M	65.1M
Capital Surpluse	8.9M	13.6M	24.5M	33.0M	29.7M	39.6M
Cash And Equivalents	10.4M	12.1M	69.2M	29.3M	33.7M	22.2M
Net Invested Capital	134.6M	92.3M	354.6M	195.3M	179.9M	188.7M
Net Working Capital	14.6M	16.9M	69.6M	32.9M	19.2M	26.2M

Pair Trading with Mogo

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mogo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mogo will appreciate offsetting losses from the drop in the long position's value.

Moving against Mogo Stock

0.6

CMC

Cielo Waste Solutions

Pair Corr

The ability to find closely correlated positions to Mogo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mogo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mogo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mogo Inc to buy it.

The correlation of Mogo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mogo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mogo Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Mogo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Mogo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mogo's 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 Mogo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mogo Inc Stock:

How To Invest In Mogo

Details

Is Mogo Stock a good investment?

Details

What is Mogo's Net Worth?

Details

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mogo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Please note, there is a significant difference between Mogo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mogo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mogo'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.

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Mogo Net Income Per Share vs Roe Analysis

Net Income Per Share vs Roe

Net Income Per Share vs Roe Correlation Analysis

Correlation Coefficient

Net Income Per Share

Roe

Mogo fundamental ratios Correlations

Mogo Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mogo fundamental ratios Accounts

Pair Trading with Mogo

Moving against Mogo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Current Liabilities
Net Tangible Assets	+ 0.98	Common Stock
Intangible Assets	+ 0.96	Total Assets
Non Current Assets Total	+ 0.94	Total Assets
Short Long Term Debt Total	+ 0.94	Total Liab

Common Stock	- 0.93	Retained Earnings
Net Tangible Assets	- 0.91	Retained Earnings
Non Current Liabilities Total	- 0.79	Other Assets
Intangible Assets	- 0.74	Retained Earnings
Total Current Assets	- 0.73	Other Assets
Total Liab	- 0.72	Other Assets