musicMagpie PLC (MMAG) - Total Assets
Based on the latest financial reports, musicMagpie PLC (MMAG) holds total assets worth GBX37.67 Million GBX (≈ $4.58K USD) 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. Also see MMAG stock market capitalisation for the company's overall valuation and market capitalisation.
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. Review musicMagpie PLC debt and liabilities to assess the company's total debt and financial obligations.
| 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. See MMAG stock price for real-time trading data and today's change.
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 |
|---|---|---|
|
Suning Commerce Group Co Ltd
SHE:002024
|
China | CN¥102.58 Billion |
|
Lahav LR Real Estate Ltd
TA:LAHAV
|
Israel | ILA2.45 Billion |
|
Pet Center Comércio e Participações S.A.
SA:PETZ3
|
Brazil | R$3.94 Billion |
|
Beijing Sanfo Outdoor Products Co Ltd
SHE:002780
|
China | CN¥1.25 Billion |
|
BMTC Group Inc
TO:GBT
|
Canada | CA$700.62 Million |
|
Joyce Corporation Ltd
AU:JYC
|
Australia | AU$97.57 Million |
|
Gipta Ofis Kirtasiye ve Promosyon Ãrünleri Imalat Sanayi A.S.
IS:GIPTA
|
Turkey | TL3.03 Billion |
|
Bokusgruppen AB
ST:BOKUS
|
Sweden | Skr1.50 Billion |
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 | GBX6.47 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 | $8.10K USD |
Valuation Analysis
Below Book Valuation: The market values musicMagpie PLC's assets below their book value (0.00x), 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 ≈ $5.44K |
-6.13% |
| 2022-11-30 | GBX47.65 Million ≈ $5.80K |
+33.39% |
| 2021-11-30 | GBX35.72 Million ≈ $4.35K |
+25.80% |
| 2020-11-30 | GBX28.39 Million ≈ $3.45K |
+22.14% |
| 2019-11-30 | GBX23.25 Million ≈ $2.83K |
+1.32% |
| 2018-11-30 | GBX22.95 Million ≈ $2.79K |
+21.32% |
| 2017-05-31 | GBX18.91 Million ≈ $2.30K |
+2.95% |
| 2016-05-31 | GBX18.37 Million ≈ $2.24K |
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About 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