Magic Empire Global Stock Current Asset
| MEGL Stock | USD 1.39 0.02 1.46% |
Fundamental analysis of Magic Empire allows traders to better anticipate movements in Magic Empire's stock price by examining its financial health and performance throughout various phases of its business cycle.
Other Current Assets is expected to rise to about 1.3 M this year, although the value of Non Current Assets Total will most likely fall to about 5.2 M. Magic | Current Asset | Build AI portfolio with Magic Stock |
Magic Empire Global Company Current Asset Analysis
Magic Empire's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Magic Current Asset Historical Pattern
Today, most investors in Magic Empire Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Magic Empire's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Magic Empire current asset as a starting point in their analysis.
Magic Empire Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Magic Total Assets
Total Assets |
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In accordance with the recently published financial statements, Magic Empire Global has a Current Asset of 0.0. This is 100.0% lower than that of the Capital Markets sector and 100.0% lower than that of the Financials industry. The current asset for all United States stocks is 100.0% higher than that of the company.
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Magic Fundamentals
| Return On Equity | -0.0359 | ||||
| Return On Asset | -0.0345 | ||||
| Profit Margin | (0.37) % | ||||
| Operating Margin | (1.72) % | ||||
| Current Valuation | (8.66 M) | ||||
| Shares Outstanding | 4.06 M | ||||
| Shares Owned By Insiders | 40.31 % | ||||
| Shares Owned By Institutions | 0.98 % | ||||
| Number Of Shares Shorted | 66.63 K | ||||
| Price To Earning | 250.00 X | ||||
| Price To Book | 0.43 X | ||||
| Price To Sales | 0.55 X | ||||
| Revenue | 12.78 M | ||||
| Gross Profit | 10.38 M | ||||
| EBITDA | (2.57 M) | ||||
| Net Income | (4.73 M) | ||||
| Cash And Equivalents | 11.69 M | ||||
| Cash Per Share | 0.78 X | ||||
| Total Debt | 4.27 M | ||||
| Debt To Equity | 2.97 % | ||||
| Current Ratio | 1.20 X | ||||
| Book Value Per Share | 25.58 X | ||||
| Cash Flow From Operations | (4.65 M) | ||||
| Short Ratio | 1.12 X | ||||
| Earnings Per Share | (0.12) X | ||||
| Beta | 2.8 | ||||
| Market Capitalization | 7.04 M | ||||
| Total Asset | 136.14 M | ||||
| Retained Earnings | (9.14 M) | ||||
| Working Capital | 127.1 M | ||||
| Net Asset | 136.14 M |
About Magic Empire Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Magic Empire Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magic Empire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magic Empire Global based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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) | Earnings Share (0.12) | Revenue Per Share | Quarterly Revenue Growth (0.34) | Return On Assets |
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.