Magic Net Income Applicable To Common Shares from 2010 to 2024
MEGL Stock | USD 0.49 0.01 2.08% |
Net Income Applicable To Common Shares | First Reported 2010-12-31 | Previous Quarter 1.4 M | Current Value 1.3 M | Quarterly Volatility 4 M |
Check Magic Empire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magic Empire's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 M, Interest Expense of 142.7 K or Selling General Administrative of 3.8 M, as well as many indicators such as Price To Sales Ratio of 12.86, Dividend Yield of 0.0066 or PTB Ratio of 1.32. Magic financial statements analysis is a perfect complement when working with Magic Empire Valuation or Volatility modules.
Magic | Net Income Applicable To Common Shares |
Latest Magic Empire's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Magic Empire Global over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Magic Empire's Net Income Applicable To Common Shares historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magic Empire's overall financial position and show how it may be relating to other accounts over time.
Net Income Applicable To Common Shares | 10 Years Trend |
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Net Income Applicable To Common Shares |
Timeline |
Magic Net Income Applicable To Common Shares Regression Statistics
Arithmetic Mean | 7,351,285 | |
Geometric Mean | 5,674,307 | |
Coefficient Of Variation | 53.76 | |
Mean Deviation | 3,550,542 | |
Median | 10,014,191 | |
Standard Deviation | 3,952,221 | |
Sample Variance | 15.6T | |
Range | 8.7M | |
R-Value | (0.83) | |
Mean Square Error | 5.2T | |
R-Squared | 0.69 | |
Significance | 0.0001 | |
Slope | (734,199) | |
Total Sum of Squares | 218.7T |
Magic Net Income Applicable To Common Shares History
About Magic Empire Financial Statements
Magic Empire investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how Magic Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Net Income Applicable To Common Shares | 1.4 M | 1.3 M |
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Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magic Empire. If investors know Magic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magic Empire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Revenue Per Share 0.762 | Quarterly Revenue Growth 0.269 | Return On Assets (0) | Return On Equity (0) |
The market value of Magic Empire Global is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Empire's value that differs from its market value or its book value, called intrinsic value, which is Magic Empire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magic Empire's market value can be influenced by many factors that don't directly affect Magic Empire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magic Empire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Empire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Empire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.