MGO Global Inc. Common Stock Total Assets
MGO Global Inc. Common Stock total assets. Based on the latest financial reports, MGO Global Inc. Common Stock (MGOL) holds total assets worth $2.81 Million USD as of September 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. Also see MGOL operating cash flow for how efficiently the company converts equity into cash flow.
Total Assets of MGO Global Inc. Common Stock (2020–2023)
Total assets of MGO Global Inc. Common Stock from 2020 to 2023. This chart illustrates how MGO Global Inc. Common Stock's total assets have evolved over time, based on quarterly financial data. See MGO Global Inc. Common Stock share price for real-time trading data and today's change.
MGO Global Inc. Common Stock - Asset Composition Analysis
MGO Global Inc. Common Stock Total Assets Breakdown (December 2023)
MGO Global Inc. Common Stock total assets breakdown as of December 2023. MGO Global Inc. Common Stock's total assets of $2.81 Million consist of 85.8% current assets and 14.3% non-current assets. Explore MGOL current assets to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 41.7% |
| Accounts Receivable | $64.47K | 2.9% |
| Inventory | $724.55K | 32.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2023)
This chart illustrates how MGO Global Inc. Common Stock'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: MGO Global Inc. Common Stock's current assets represent 85.8% of total assets in 2023, a decrease from 100.0% in 2020.
- Cash Position: Cash and equivalents constituted 41.7% of total assets in 2023, up from 34.8% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 32.3% of total assets.
MGO Global Inc. Common Stock Competitors by Total Assets
Key competitors of MGO Global Inc. Common Stock based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Publicis Groupe SA
PA:PUB
|
France | €40.01 Billion |
|
Focus Media Information Technology Co Ltd
SHE:002027
|
China | CN¥22.46 Billion |
|
Infas Holding AG
F:IFS
|
Germany | €60.82 Million |
|
Klarsen SA
PA:ALKLA
|
France | €7.48 Million |
|
Sabio Holdings Inc
V:SBIO
|
Canada | CA$15.48 Million |
|
Acheter Louer
PA:ALALO
|
France | €1.37 Million |
|
Ooh!Media Ltd
AU:OML
|
Australia | AU$1.90 Billion |
|
Ive Group Ltd
AU:IGL
|
Australia | AU$780.01 Million |
MGO Global Inc. Common Stock - 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 | 14.13 | 4.38 | 0.59 |
| Quick Ratio | 8.37 | 3.44 | 0.52 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.39 Million | $2.42 Million | $-393.16K |
MGO Global Inc. Common Stock - Advanced Valuation Insights
This section examines the relationship between MGO Global Inc. Common Stock'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 | 1.14 |
| Latest Market Cap to Assets Ratio | 1.52 |
| Asset Growth Rate (YoY) | 408.4% |
| Total Assets | $2.24 Million |
| Market Capitalization | $3.41 Million USD |
Valuation Analysis
Above Book Valuation: The market values MGO Global Inc. Common Stock's assets above their book value (1.52x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: MGO Global Inc. Common Stock's assets grew by 408.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for MGO Global Inc. Common Stock (2020–2023)
The table below shows the annual total assets of MGO Global Inc. Common Stock from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $2.24 Million | +408.41% |
| 2022-12-31 | $440.97K | -22.68% |
| 2021-12-31 | $570.28K | +70.11% |
| 2020-12-31 | $335.24K | -- |
About 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