MGO Interest Expense from 2010 to 2024

MGOL Stock   2.24  0.03  1.32%   
MGO Global Interest Expense yearly trend continues to be quite stable with very little volatility. The value of Interest Expense is projected to decrease to 433.20. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2010-12-31
Previous Quarter
456
Current Value
433.2
Quarterly Volatility
57 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MGO Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MGO Global's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 6.2 K or Interest Expense of 433, as well as many indicators such as Price To Sales Ratio of 1.19, Dividend Yield of 0.0 or PTB Ratio of 4.22. MGO financial statements analysis is a perfect complement when working with MGO Global Valuation or Volatility modules.
  
Check out the analysis of MGO Global Correlation against competitors.

Latest MGO Global's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of MGO Global Common over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. MGO Global's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MGO Global's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Pretty Stable
   Interest Expense   
       Timeline  

MGO Interest Expense Regression Statistics

Arithmetic Mean47,150
Geometric Mean23,017
Coefficient Of Variation120.85
Mean Deviation32,789
Median33,286
Standard Deviation56,983
Sample Variance3.2B
Range235.8K
R-Value0.24
Mean Square Error3.3B
R-Squared0.06
Significance0.38
Slope3,109
Total Sum of Squares45.5B

MGO Interest Expense History

2024 433.2
2023 456.0
2022236.2 K
2021104 K

About MGO Global Financial Statements

MGO Global investors utilize fundamental indicators, such as Interest Expense, to predict how MGO 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 ReportedProjected for Next Year
Interest Expense 456.00  433.20 

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When determining whether MGO Global Common is a strong investment it is important to analyze MGO Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGO Global's future performance. For an informed investment choice regarding MGO Stock, refer to the following important reports:
Check out the analysis of MGO Global Correlation against competitors.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Movies & Entertainment 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 MGO Global. If investors know MGO 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 MGO Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.56)
Revenue Per Share
3.655
Quarterly Revenue Growth
(0.17)
Return On Assets
(1.55)
Return On Equity
(3.12)
The market value of MGO Global Common is measured differently than its book value, which is the value of MGO that is recorded on the company's balance sheet. Investors also form their own opinion of MGO Global's value that differs from its market value or its book value, called intrinsic value, which is MGO Global'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 MGO Global's market value can be influenced by many factors that don't directly affect MGO Global'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 MGO Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGO Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGO Global'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.