Magnite Inc

NASDAQ:MGNI USA Advertising Agencies
Market Cap
$1.77 Billion
Market Cap Rank
#5470 Global
#3225 in USA
Share Price
$12.34
Change (1 day)
+1.31%
52-Week Range
$9.00 - $26.52
All Time High
$61.80
About

Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory, or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inv… Read more

Magnite Inc (MGNI) - Total Assets

Latest total assets as of September 2025: $2.92 Billion USD

Based on the latest financial reports, Magnite Inc (MGNI) holds total assets worth $2.92 Billion USD as of September 2025.

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.

Magnite Inc - Total Assets Trend (2011–2024)

This chart illustrates how Magnite Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Magnite Inc - Asset Composition Analysis

Current Asset Composition (December 2024)

Magnite Inc's total assets of $2.92 Billion consist of 59.7% current assets and 40.3% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 16.9%
Accounts Receivable $1.20 Billion 42.0%
Inventory $0.00 0.0%
Property, Plant & Equipment $0.00 0.0%
Intangible Assets $47.93 Million 1.7%
Goodwill $978.22 Million 34.3%

Asset Composition Trend (2011–2024)

This chart illustrates how Magnite Inc'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: Magnite Inc's current assets represent 59.7% of total assets in 2024, a decrease from 83.5% in 2011.
  • Cash Position: Cash and equivalents constituted 16.9% of total assets in 2024, down from 22.8% in 2011.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 35.0% of total assets, an increase from 6.0% in 2011.
  • Asset Diversification: The largest asset category is accounts receivable at 42.0% of total assets.

Magnite Inc Competitors by Total Assets

Key competitors of Magnite Inc based on total assets are shown below.

Company Country Total Assets
Genimous Technology Co Ltd
SHE:000676
China CN¥5.12 Billion
PUC Bhd
KLSE:0007
Malaysia RM188.26 Million
Hunan TV & Broadcast Intermediary Co Ltd
SHE:000917
China CN¥16.44 Billion
Focus Media Information Technology Co Ltd
SHE:002027
China CN¥23.79 Billion
NanJi ECommerce Co Ltd
SHE:002127
China CN¥4.84 Billion
Leo Group Co Ltd
SHE:002131
China CN¥21.89 Billion
Foshan Saturday Shoes Co Ltd
SHE:002291
China CN¥4.97 Billion
Guangdong Advertising Co Ltd
SHE:002400
China CN¥11.09 Billion

Magnite Inc - 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

Historical Range: 0.17 - 0.54

Lower asset utilization - Magnite Inc generates 0.23x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -40.35% - 0.80%

Moderate ROA - For every $100 in assets, Magnite Inc generates $ 0.80 in net profit.

Magnite Inc - 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 1.01 1.11 1.16
Quick Ratio 1.01 1.11 1.16
Cash Ratio 0.00 0.00 0.00
Working Capital $12.46 Million $ 159.75 Million $ 84.87 Million

Magnite Inc - Advanced Valuation Insights

This section examines the relationship between Magnite Inc'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 2.01
Latest Market Cap to Assets Ratio 0.59
Asset Growth Rate (YoY) 6.2%
Total Assets $2.85 Billion
Market Capitalization $1.68 Billion USD

Valuation Analysis

Below Book Valuation: The market values Magnite Inc's assets below their book value (0.59 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Magnite Inc's assets grew by 6.2% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Magnite Inc (2011–2024)

The table below shows the annual total assets of Magnite Inc from 2011 to 2024.

Year Total Assets Change
2024-12-31 $2.85 Billion +6.17%
2023-12-31 $2.69 Billion -0.86%
2022-12-31 $2.71 Billion -0.01%
2021-12-31 $2.71 Billion +188.90%
2020-12-31 $938.96 Million +137.64%
2019-12-31 $395.12 Million +9.75%
2018-12-31 $360.01 Million -6.16%
2017-12-31 $383.63 Million -26.19%
2016-12-31 $519.77 Million -3.16%
2015-12-31 $536.74 Million +81.04%
2014-12-31 $296.48 Million +97.80%
2013-12-31 $149.89 Million +38.77%
2012-12-31 $108.01 Million +51.83%
2011-12-31 $71.14 Million --