MOGU Total Current Liabilities vs Total Stockholder Equity Analysis

MOGU Stock  USD 2.13  0.09  4.41%   
MOGU financial indicator trend analysis is infinitely more than just investigating MOGU Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MOGU Inc is a good investment. Please check the relationship between MOGU Total Current Liabilities and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MOGU 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 price.

Total Current Liabilities vs Total Stockholder Equity

Total Current Liabilities vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MOGU Inc Total Current Liabilities account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between MOGU's Total Current Liabilities and Total Stockholder Equity is 0.85. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of MOGU Inc, assuming nothing else is changed. The correlation between historical values of MOGU's Total Current Liabilities and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of MOGU Inc are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., MOGU's Total Current Liabilities and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on MOGU balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of MOGU Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from MOGU's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MOGU 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 MOGU 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 price.
At this time, MOGU's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.36 in 2024, whereas Tax Provision is likely to drop (1.7 M) in 2024.
 2021 2022 2023 2024 (projected)
Interest Income13.9M17.4M12.7M18.5M
Net Interest Income13.9M16.8M12.5M18.4M

MOGU fundamental ratios Correlations

-0.250.930.910.990.85-0.79-0.420.8-0.990.97-0.070.970.98-0.51-0.910.980.880.970.83-0.430.840.840.9-0.76-0.83
-0.25-0.37-0.42-0.2-0.390.31-0.71-0.460.19-0.30.86-0.22-0.210.56-0.03-0.23-0.4-0.29-0.340.11-0.18-0.38-0.320.270.47
0.93-0.370.950.890.88-0.76-0.260.81-0.880.92-0.160.880.86-0.43-0.790.940.950.860.81-0.250.940.940.92-0.68-0.92
0.91-0.420.950.850.98-0.91-0.170.95-0.880.96-0.330.880.82-0.45-0.740.930.990.890.94-0.10.890.970.8-0.7-0.98
0.99-0.20.890.850.78-0.72-0.470.73-0.990.940.010.971.0-0.52-0.930.970.810.970.77-0.520.790.760.9-0.75-0.75
0.85-0.390.880.980.78-0.97-0.150.98-0.820.94-0.390.820.74-0.39-0.680.870.980.850.980.040.850.970.68-0.65-0.98
-0.790.31-0.76-0.91-0.72-0.970.17-0.970.8-0.910.41-0.79-0.690.380.66-0.81-0.9-0.84-1.0-0.07-0.72-0.87-0.530.640.89
-0.42-0.71-0.26-0.17-0.47-0.150.17-0.030.46-0.35-0.74-0.38-0.45-0.270.62-0.38-0.18-0.37-0.180.31-0.4-0.16-0.310.180.06
0.8-0.460.810.950.730.98-0.97-0.03-0.780.91-0.490.790.7-0.45-0.610.830.940.830.980.060.750.920.6-0.65-0.95
-0.990.19-0.88-0.88-0.99-0.820.80.46-0.78-0.960.06-0.99-0.980.550.95-0.98-0.84-0.97-0.830.43-0.77-0.78-0.860.810.77
0.97-0.30.920.960.940.94-0.91-0.350.91-0.96-0.210.950.92-0.47-0.860.970.940.970.94-0.270.850.90.82-0.74-0.9
-0.070.86-0.16-0.330.01-0.390.41-0.74-0.490.06-0.21-0.080.010.51-0.12-0.08-0.32-0.15-0.4-0.27-0.03-0.31-0.020.250.4
0.97-0.220.880.880.970.82-0.79-0.380.79-0.990.95-0.080.97-0.6-0.920.990.830.970.83-0.420.740.770.85-0.83-0.78
0.98-0.210.860.821.00.74-0.69-0.450.7-0.980.920.010.97-0.54-0.920.950.770.970.74-0.590.730.710.88-0.75-0.71
-0.510.56-0.43-0.45-0.52-0.390.38-0.27-0.450.55-0.470.51-0.6-0.540.53-0.53-0.37-0.52-0.410.29-0.16-0.32-0.530.710.36
-0.91-0.03-0.79-0.74-0.93-0.680.660.62-0.610.95-0.86-0.12-0.92-0.920.53-0.9-0.71-0.86-0.690.4-0.72-0.66-0.830.780.62
0.98-0.230.940.930.970.87-0.81-0.380.83-0.980.97-0.080.990.95-0.53-0.90.90.950.86-0.340.840.860.88-0.79-0.85
0.88-0.40.950.990.810.98-0.9-0.180.94-0.840.94-0.320.830.77-0.37-0.710.90.840.93-0.030.930.990.78-0.63-0.99
0.97-0.290.860.890.970.85-0.84-0.370.83-0.970.97-0.150.970.97-0.52-0.860.950.840.87-0.460.740.780.8-0.76-0.8
0.83-0.340.810.940.770.98-1.0-0.180.98-0.830.94-0.40.830.74-0.41-0.690.860.930.870.020.770.90.6-0.67-0.92
-0.430.11-0.25-0.1-0.520.04-0.070.310.060.43-0.27-0.27-0.42-0.590.290.4-0.34-0.03-0.460.02-0.070.04-0.490.32-0.03
0.84-0.180.940.890.790.85-0.72-0.40.75-0.770.85-0.030.740.73-0.16-0.720.840.930.740.77-0.070.940.82-0.49-0.89
0.84-0.380.940.970.760.97-0.87-0.160.92-0.780.9-0.310.770.71-0.32-0.660.860.990.780.90.040.940.76-0.59-0.99
0.9-0.320.920.80.90.68-0.53-0.310.6-0.860.82-0.020.850.88-0.53-0.830.880.780.80.6-0.490.820.76-0.73-0.73
-0.760.27-0.68-0.7-0.75-0.650.640.18-0.650.81-0.740.25-0.83-0.750.710.78-0.79-0.63-0.76-0.670.32-0.49-0.59-0.730.61
-0.830.47-0.92-0.98-0.75-0.980.890.06-0.950.77-0.90.4-0.78-0.710.360.62-0.85-0.99-0.8-0.92-0.03-0.89-0.99-0.730.61
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MOGU Account Relationship Matchups

MOGU fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B1.8B1.2B986.1M938.4M891.4M
Short Long Term Debt Total8.5M5.8M10.1M3.4M2.7M4.7M
Other Current Liab417.9M343.7M289.6M320.1M213.2M311.8M
Total Current Liabilities435.1M365.3M321.8M304.0M321.8M404.1M
Total Stockholder Equity2.0B1.5B789.7M644.0M588.4M559.0M
Other Liab7.2M25.2M19.7M13.0M11.7M11.1M
Net Tangible Assets1.5B981.0M842.4M636.5M731.9M768.5M
Property Plant And Equipment Net14.1M10.8M7.7M200.0M302.3M317.4M
Current Deferred Revenue103K77K901K245K98.6M79.9M
Net Debt(856.6M)(542.1M)(428.5M)(412.8M)(356.1M)(373.9M)
Retained Earnings(7.6B)(8.0B)(8.6B)(8.8B)(8.9B)(9.3B)
Accounts Payable17.1M19.9M18.0M8.2M6.9M11.1M
Cash856.6M542.1M438.6M416.2M358.8M638.4M
Non Current Assets Total1.1B852.8M448.1M345.5M430.5M409.0M
Non Currrent Assets Other14.2M163.1M215.0M63.6M31.7M30.1M
Other Assets763K14.2M163.1M215.0M247.2M259.6M
Cash And Short Term Investments1.1B802.3M635.5M562.0M420.6M802.9M
Net Receivables113.2M106.0M26.8M8.5M(507K)(481.7K)
Common Stock Shares Outstanding9.1M8.8M8.4M8.5M8.7M8.8M
Short Term Investments238M260.2M196.9M145.8M61.8M58.7M
Liabilities And Stockholders Equity2.4B1.8B1.2B986.1M938.4M891.4M
Non Current Liabilities Total25.2M19.7M13.0M4.1M2.1M2.0M
Inventory2.9M240K79K144K98K93.1K
Other Current Assets6.2M184.5M83.4M103.4M87.6M67.3M
Other Stockholder Equity9.4B9.3B9.3B9.3B9.4B8.7B
Total Liab460.3M385.0M334.8M308.1M323.9M425.2M
Long Term Investments102.4M66.4M72.1M69.3M81.8M84.6M
Property Plant And Equipment Gross73.5M10.8M252.1M200.0M357.9M375.8M
Total Current Assets1.3B987.1M718.9M640.6M507.8M1.0B
Accumulated Other Comprehensive Income204.4M100.5M72.3M85.7M92.9M96.8M
Non Current Liabilities Other4.7M3.6M2.2M890K1.0M972.3K
Short Term Debt8.5M5.8M10.1M2.7M1.9M1.8M
Intangible Assets813.0M426.0M89.8M12.6M949K901.6K
Property Plant Equipment12.0M14.1M10.8M7.7M6.9M6.6M
Net Invested Capital2.0B1.5B799.8M644.0M588.4M809.7M
Net Working Capital875.5M621.8M397.1M336.6M186.0M176.7M

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Additional Tools for MOGU Stock Analysis

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