MGO Global Net Worth

MGO Global Net Worth Breakdown

  MGOL
The net worth of MGO Global Common is the difference between its total assets and liabilities. MGO Global's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of MGO Global's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. MGO Global's net worth can be used as a measure of its financial health and stability which can help investors to decide if MGO Global is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in MGO Global Common stock.

MGO Global Net Worth Analysis

MGO Global's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including MGO Global's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of MGO Global's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform MGO Global's net worth analysis. One common approach is to calculate MGO Global's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares MGO Global's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing MGO Global's net worth. This approach calculates the present value of MGO Global's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of MGO Global's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate MGO Global's net worth. This involves comparing MGO Global's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into MGO Global's net worth relative to its peers.

Enterprise Value

5.4 Million

To determine if MGO Global is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding MGO Global's net worth research are outlined below:
MGO Global Common generated a negative expected return over the last 90 days
MGO Global Common has high historical volatility and very poor performance
MGO Global Common has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 5.36 M. Net Loss for the year was (7.14 M) with profit before overhead, payroll, taxes, and interest of 307.69 K.
MGO Global generates negative cash flow from operations
About 48.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: MGO Global, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com
MGO Global uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in MGO Global Common. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to MGO Global's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
1st of April 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

Follow MGO Global's market capitalization trends

The company currently falls under 'Nano-Cap' category with a current market capitalization of 6.82 M.

Market Cap

6.38 Million

Project MGO Global's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(3.19)(3.35)
Return On Capital Employed(8.01)(7.61)
Return On Assets(3.19)(3.35)
Return On Equity(4.73)(4.49)
The company has Profit Margin (PM) of (1.28) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (1.71) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $1.71.
When accessing MGO Global's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures MGO Global's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of MGO Global's profitability and make more informed investment decisions.

Evaluate MGO Global's management efficiency

MGO Global Common has return on total asset (ROA) of (1.5464) % which means that it has lost $1.5464 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (3.1232) %, meaning that it created substantial loss on money invested by shareholders. MGO Global's management efficiency ratios could be used to measure how well MGO Global manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return On Tangible Assets is estimated to slide to -3.35. Return On Capital Employed is expected to rise to -7.61 this year. At this time, MGO Global's Total Assets are quite stable compared to the past year. Non Current Assets Total is expected to rise to about 335.4 K this year, although the value of Non Currrent Assets Other will most likely fall to (0.94).
Last ReportedProjected for Next Year
Book Value Per Share 0.65  0.69 
Tangible Book Value Per Share 0.65  0.69 
Enterprise Value Over EBITDA(0.70)(0.66)
Price Book Value Ratio 4.02  4.22 
Enterprise Value Multiple(0.70)(0.66)
Price Fair Value 4.02  4.22 
Enterprise Value5.1 M5.4 M
The management team at MGO Global has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Enterprise Value Revenue
1.0422
Revenue
5.7 M
Quarterly Revenue Growth
(0.17)
Revenue Per Share
3.655
Return On Equity
(3.12)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific MGO Global insiders, such as employees or executives, is commonly permitted as long as it does not rely on MGO Global's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases MGO Global insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

MGO Global Corporate Filings

8K
22nd of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
10Q
14th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
S1
4th of October 2024
Report filed by companies planning on going public to register their securities with the U.S. Securities and Exchange Commission (SEC)
ViewVerify
14th of August 2024
Other Reports
ViewVerify
MGO Global time-series forecasting models is one of many MGO Global's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary MGO Global's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

MGO Global Earnings per Share Projection vs Actual

MGO Global Corporate Executives

Elected by the shareholders, the MGO Global's board of directors comprises two types of representatives: MGO Global inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MGO. The board's role is to monitor MGO Global's management team and ensure that shareholders' interests are well served. MGO Global'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, MGO Global's outside directors are responsible for providing unbiased perspectives on the board's policies.
When determining whether MGO Global Common is a strong investment it is important to analyze MGO Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGO Global's future performance. For an informed investment choice regarding MGO Stock, refer to the following important reports:
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.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.