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
MGO Global Inc. Common Stock (MGOL) - Net Assets
Latest net assets as of September 2024: $2.63 Million USD
Based on the latest financial reports, MGO Global Inc. Common Stock (MGOL) has net assets worth $2.63 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.81 Million) and total liabilities ($182.24K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.63 Million |
| % of Total Assets | 93.52% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
MGO Global Inc. Common Stock - Net Assets Trend (2020–2023)
This chart illustrates how MGO Global Inc. Common Stock's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MGO Global Inc. Common Stock (2020–2023)
The table below shows the annual net assets of MGO Global Inc. Common Stock from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $921.75K | +177.16% |
| 2022-12-31 | $-1.19 Million | -188.54% |
| 2021-12-31 | $-414.01K | -45.39% |
| 2020-12-31 | $-284.76K | -- |
Equity Component Analysis
This analysis shows how different components contribute to MGO Global Inc. Common Stock's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1063267600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $144.00 | 0.01% |
| Other Components | $14.45 Million | 956.84% |
| Total Equity | $1.51 Million | 100.00% |
MGO Global Inc. Common Stock Competitors by Market Cap
The table below lists competitors of MGO Global Inc. Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DI Corp.
KQ:003160
|
$231.74K |
|
NeutriSci International Inc
PINK:NRXCF
|
$231.82K |
|
Wealth Invest Baron Glob Akt
CO:WEIBGA
|
$231.88K |
|
ACEA (DCA.SG)
STU:DCA
|
$231.96K |
|
Lang & Schwarz Aktiengesellschaft
XETRA:LUS1
|
$231.67K |
|
New Mountain Finance Corporation 8.250% Notes due 2028
NASDAQ:NMFCZ
|
$231.59K |
|
Dong Ah Tire & Rubber Co. Ltd.
KQ:007340
|
$231.35K |
|
Virpax Pharmaceuticals Inc
NASDAQ:VRPX
|
$231.35K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MGO Global Inc. Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -833,179 to 1,510,191, a change of 2,343,370.
- Net loss of 7,143,404 reduced equity.
- New share issuances of 8,239,547 increased equity.
- Other factors increased equity by 1,247,227.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-7.14 Million | -473.01% |
| Share Issuances | $8.24 Million | +545.6% |
| Other Changes | $1.25 Million | +82.59% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares MGO Global Inc. Common Stock's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.35x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $-0.32 | $0.37 | x |
| 2021-12-31 | $-0.35 | $0.37 | x |
| 2022-12-31 | $-0.79 | $0.37 | x |
| 2023-12-31 | $1.07 | $0.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MGO Global Inc. Common Stock utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -473.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -133.28%
- • Asset Turnover: 2.39x
- • Equity Multiplier: 1.48x
- Recent ROE (-473.01%) is below the historical average (-118.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -137.79% | 2.07x | 0.00x | $-928.60K |
| 2021 | 0.00% | -114.76% | 1.54x | 0.00x | $-975.61K |
| 2022 | 0.00% | -246.67% | 2.38x | 0.00x | $-2.50 Million |
| 2023 | -473.01% | -133.28% | 2.39x | 1.48x | $-7.29 Million |
Industry Comparison
This section compares MGO Global Inc. Common Stock's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $245,455,576
- Average return on equity (ROE) among peers: 1.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MGO Global Inc. Common Stock (MGOL) | $2.63 Million | 0.00% | 0.07x | $231.72K |
| Adaptive Ad Systems Inc (AATV) | $4.67 Million | 44.68% | 0.14x | $1.69K |
| ACCESS Newswire Inc. (ACCS) | $1.85 Million | 16.56% | 0.38x | $14.25 Million |
| Artec Consulting Corp (ACTL) | $-1.09 Million | 0.00% | 0.00x | $69.28K |
| Advantage Solutions Inc (ADV) | $2.58 Billion | 2.11% | 1.27x | $109.73 Million |
| Airnet Technology Inc (ANTE) | $3.61 Million | -66.61% | 0.77x | $46.30 Million |
| Applovin Corp (APP) | $-158.24 Million | 0.00% | 0.00x | $111.19 Billion |
| Advantex Marketing International Inc (ATXMF) | $-9.17 Million | 0.00% | 0.00x | $36.32K |
| Baosheng Media Group Holdings Ltd (BAOS) | $41.66 Million | 16.67% | 1.24x | $2.49 Million |
| Bang Holdings Corp (BXNG) | $251.17K | -0.45% | 1.37x | $406.52 |
| Beyond Commerce Inc (BYOC) | $-11.28 Million | 0.00% | 0.00x | $1.65 Million |