MGO Global Inc. Common Stock Cash Flow Conversion Efficiency
MGO Global Inc. Common Stock cash flow conversion efficiency. Based on the latest financial reports, MGO Global Inc. Common Stock (MGOL) has a cash flow conversion efficiency ratio of -0.567x as of September 2024. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-1.49 Million) by net assets ($2.63 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see how much is MGO Global Inc. Common Stock worth for the company's overall valuation and market capitalisation.
Cash Flow Conversion Efficiency of MGO Global Inc. Common Stock (2020–2023)
Cash flow conversion efficiency of MGO Global Inc. Common Stock from 2020 to 2023. This chart illustrates how MGO Global Inc. Common Stock's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest MGO Global Inc. Common Stock stock price today for real-time trading data and today's change.
MGO Global Inc. Common Stock Cash Flow Conversion Ratio Explained
MGO Global Inc. Common Stock cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
MGO Global Inc. Common Stock Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of MGO Global Inc. Common Stock ranked by their cash flow conversion efficiency. Review MGOL financial flexibility index to assess the company's free cash flow relative to its total liabilities.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hochdorf Holding AG
SW:HOCN
|
-0.550x |
|
Aurora Investment Trust plc
LSE:ARR
|
0.004x |
|
Maple Peak Investments Inc
V:MAP
|
-0.062x |
|
Power Line Engineering Public Company Limited
BK:PLE
|
0.243x |
|
PT Trimuda Nuansa Citra Tbk
JK:TNCA
|
-0.002x |
|
Poddar Housing and Development Limited
NSE:PODDARHOUS
|
0.838x |
|
Crown Capital Partners Inc
TO:CRWN
|
0.270x |
|
Vectus Biosystems Ltd
AU:VBS
|
2.572x |
Annual Cash Flow Conversion Efficiency for MGO Global Inc. Common Stock (2020–2023)
The table below shows the annual cash flow conversion efficiency of MGO Global Inc. Common Stock from 2020 to 2023. Also see MGOL total asset value for a full breakdown of the balance sheet.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $921.75K | $-6.98 Million | -7.571x | -637.30% |
| 2022-12-31 | $-1.19 Million | $-1.68 Million | 1.409x | -24.22% |
| 2021-12-31 | $-414.01K | $-769.82K | 1.859x | +31.85% |
| 2020-12-31 | $-284.76K | $-401.58K | 1.410x | -- |
About MGO Global Inc. Common Stock
MGO Global, Inc. operates as a lifestyle brand portfolio company. The company is involved in the fashion design, brand development and management, sourcing and manufacturing, licensing, IP protection, corporate finance, consumer engagement and experience, ecommerce, and retail sales and marketing activities related to the Messi brand. MGO Global, Inc. was founded in 2018 and is headquartered in F… Read more