MGO Global Inc. Common Stock Tangible Net Worth Ratio

Latest as of September 2024: 100.0%

MGO Global Inc. Common Stock tangible net worth ratio. MGO Global Inc. Common Stock (MGOL) has a Tangible Net Worth Ratio of 100.0% as of September 2024. This metric is calculated by deducting intangible assets ($0.00) from net assets ($2.63 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore MGO Global Inc. Common Stock net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

$2.63 Million
USD

Intangible Assets

$0.00
Goodwill, patents, brand value

Total Assets

$2.81 Million
USD

Tangible Net Worth Ratio of MGO Global Inc. Common Stock (2023–2023)

Tangible net worth ratio of MGO Global Inc. Common Stock from 2023 to 2023. This chart shows how MGO Global Inc. Common Stock's Tangible Net Worth Ratio has changed across 1 annual periods from 2023 to 2023. As of September 2024, the ratio stands at 100.0%, reflecting net assets of $2.63 Million with intangible assets of $0.00 USD. Check MGOL PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

MGO Global Inc. Common Stock Tangible Net Worth Ratio by Year (2023–2023)

MGO Global Inc. Common Stock tangible net worth ratio by year from 2023 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for MGO Global Inc. Common Stock from 2023 to 2023, covering 1 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see MGO Global Inc. Common Stock (MGOL) total market value.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2023 100.0% $921.75K $0.00 $2.24 Million —
pp = percentage points