musicMagpie PLC
musicMagpie plc engages in the re-commerce of consumer technology, books, and disc media products in the United Kingdom and the United States. The company buys, refurbishes, rents, and sells consumer technology products, including smartphones, tablets, consoles, wearables, and personal computers; and CDs, DVDs, Blu-rays, and video games. It also buys and sells hardback and paperback books; and pr… Read more
musicMagpie PLC (MMAG) - Total Assets
Latest total assets as of May 2024: GBX37.67 Million GBX
Based on the latest financial reports, musicMagpie PLC (MMAG) holds total assets worth GBX37.67 Million GBX as of May 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
musicMagpie PLC - Total Assets Trend (2016–2023)
This chart illustrates how musicMagpie PLC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
musicMagpie PLC - Asset Composition Analysis
Current Asset Composition (November 2023)
musicMagpie PLC's total assets of GBX37.67 Million consist of 38.0% current assets and 62.0% non-current assets.
| Asset Category | Amount (GBX) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | GBX0.00 | 17.0% |
| Accounts Receivable | GBX2.00 Million | 4.5% |
| Inventory | GBX7.39 Million | 16.5% |
| Property, Plant & Equipment | GBX0.00 | 0.0% |
| Intangible Assets | GBX9.08 Million | 20.3% |
| Goodwill | GBX3.75 Million | 8.4% |
Asset Composition Trend (2016–2023)
This chart illustrates how musicMagpie PLC's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: musicMagpie PLC's current assets represent 38.0% of total assets in 2023, an increase from 36.7% in 2016.
- Cash Position: Cash and equivalents constituted 17.0% of total assets in 2023, up from 2.5% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 28.0% of total assets, a decrease from 46.0% in 2016.
- Asset Diversification: The largest asset category is intangible assets at 20.3% of total assets.
musicMagpie PLC Competitors by Total Assets
Key competitors of musicMagpie PLC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing Sanfo Outdoor Products Co Ltd
SHE:002780
|
China | CN¥1.16 Billion |
|
Ls Networks
KO:000680
|
Korea | ₩10.50 Trillion |
|
Suning Commerce Group Co Ltd
SHE:002024
|
China | CN¥114.75 Billion |
|
Haining China Leather Market Co Ltd
SHE:002344
|
China | CN¥12.96 Billion |
|
Zhejiang Aishida Electric Co Ltd
SHE:002403
|
China | CN¥4.75 Billion |
|
Shenzhen Aisidi Co Ltd
SHE:002416
|
China | CN¥12.81 Billion |
|
Monami
KO:005360
|
Korea | ₩183.92 Billion |
|
Hotel Shilla Co Ltd
KO:008775
|
Korea | ₩3.59 Trillion |
musicMagpie PLC - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - musicMagpie PLC generates 3.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - musicMagpie PLC is currently not profitable relative to its asset base.
musicMagpie PLC - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.52 | 1.76 | 0.68 |
| Quick Ratio | 0.88 | 0.88 | 0.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | GBX4.02 Million | GBX 6.47 Million | GBX -3.24 Million |
musicMagpie PLC - Advanced Valuation Insights
This section examines the relationship between musicMagpie PLC's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.94 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -6.1% |
| Total Assets | GBX44.73 Million |
| Market Capitalization | $1.07K USD |
Valuation Analysis
Below Book Valuation: The market values musicMagpie PLC's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: musicMagpie PLC's assets decreased by 6.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for musicMagpie PLC (2016–2023)
The table below shows the annual total assets of musicMagpie PLC from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-11-30 | GBX44.73 Million | -6.13% |
| 2022-11-30 | GBX47.65 Million | +33.39% |
| 2021-11-30 | GBX35.72 Million | +25.80% |
| 2020-11-30 | GBX28.39 Million | +22.14% |
| 2019-11-30 | GBX23.25 Million | +1.32% |
| 2018-11-30 | GBX22.95 Million | +21.32% |
| 2017-05-31 | GBX18.91 Million | +2.95% |
| 2016-05-31 | GBX18.37 Million | -- |