MOGU Other Current Assets vs Total Liab Analysis

MOGU Stock  USD 2.25  0.03  1.32%   
MOGU financial indicator trend analysis is infinitely more than just investigating MOGU Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MOGU Inc is a good investment. Please check the relationship between MOGU Other Current Assets and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MOGU Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Other Current Assets vs Total Liab

Other Current Assets vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MOGU Inc Other Current Assets account and Total Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between MOGU's Other Current Assets and Total Liab is -0.54. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of MOGU Inc, assuming nothing else is changed. The correlation between historical values of MOGU's Other Current Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of MOGU Inc are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Current Assets i.e., MOGU's Other Current Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.54
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from MOGU's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MOGU Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MOGU Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
At this time, MOGU's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 8.39 in 2024, despite the fact that Enterprise Value is likely to grow to (246.1 M).
 2021 2022 2023 2024 (projected)
Interest Income13.9M17.4M15.7M19.6M
Net Interest Income13.9M16.8M15.1M19.6M

MOGU fundamental ratios Correlations

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0.930.960.890.89-0.76-0.130.86-0.880.92-0.360.870.86-0.58-0.770.940.950.860.81-0.30.950.940.92-0.57-0.940.96
0.910.960.850.98-0.91-0.080.97-0.880.97-0.470.890.82-0.56-0.740.940.990.890.94-0.160.910.970.8-0.55-0.981.0
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-0.79-0.76-0.91-0.72-0.970.08-0.980.8-0.910.58-0.79-0.690.490.66-0.82-0.9-0.84-1.0-0.02-0.72-0.87-0.530.50.89-0.9
-0.34-0.13-0.08-0.4-0.050.08-0.060.33-0.17-0.56-0.3-0.41-0.10.55-0.27-0.07-0.29-0.090.38-0.12-0.04-0.230.87-0.01-0.07
0.850.860.970.781.0-0.98-0.06-0.840.95-0.570.830.75-0.51-0.690.870.960.871.0-0.030.820.940.64-0.52-0.950.96
-0.98-0.88-0.88-0.98-0.830.80.33-0.84-0.950.3-0.99-0.980.740.93-0.98-0.84-0.98-0.840.47-0.72-0.78-0.860.670.79-0.87
0.960.920.970.920.95-0.91-0.170.95-0.95-0.460.940.91-0.64-0.820.960.940.970.94-0.280.820.90.81-0.59-0.910.96
-0.29-0.36-0.47-0.21-0.570.58-0.56-0.570.3-0.46-0.25-0.190.480.13-0.27-0.5-0.35-0.57-0.24-0.29-0.49-0.2-0.220.52-0.47
0.970.870.890.970.82-0.79-0.30.83-0.990.94-0.250.96-0.73-0.910.990.820.960.83-0.480.720.770.85-0.64-0.790.87
0.980.860.821.00.74-0.69-0.410.75-0.980.91-0.190.96-0.68-0.920.950.770.970.74-0.620.690.710.88-0.71-0.720.81
-0.66-0.58-0.56-0.68-0.50.49-0.1-0.510.74-0.640.48-0.73-0.680.71-0.68-0.5-0.65-0.520.34-0.35-0.44-0.660.140.46-0.55
-0.92-0.77-0.74-0.93-0.680.660.55-0.690.93-0.820.13-0.91-0.920.71-0.89-0.7-0.86-0.690.45-0.63-0.66-0.830.80.63-0.73
0.980.940.940.960.87-0.82-0.270.87-0.980.96-0.270.990.95-0.68-0.890.90.950.86-0.410.830.860.88-0.66-0.870.93
0.880.950.990.810.98-0.9-0.070.96-0.840.94-0.50.820.77-0.5-0.70.90.840.93-0.080.940.990.78-0.55-0.990.99
0.970.860.890.970.85-0.84-0.290.87-0.980.97-0.350.960.97-0.65-0.860.950.840.87-0.490.710.780.8-0.64-0.80.88
0.830.810.940.770.98-1.0-0.091.0-0.840.94-0.570.830.74-0.52-0.690.860.930.87-0.030.770.90.6-0.52-0.920.94
-0.48-0.3-0.16-0.56-0.01-0.020.38-0.030.47-0.28-0.24-0.48-0.620.340.45-0.41-0.08-0.49-0.03-0.070.0-0.520.330.04-0.14
0.80.950.910.740.87-0.72-0.120.82-0.720.82-0.290.720.69-0.35-0.630.830.940.710.77-0.070.960.81-0.57-0.940.92
0.830.940.970.760.97-0.87-0.040.94-0.780.9-0.490.770.71-0.44-0.660.860.990.780.90.00.960.76-0.53-0.990.98
0.90.920.80.90.68-0.53-0.230.64-0.860.81-0.20.850.88-0.66-0.830.880.780.80.6-0.520.810.76-0.58-0.740.8
-0.71-0.57-0.55-0.72-0.520.50.87-0.520.67-0.59-0.22-0.64-0.710.140.8-0.66-0.55-0.64-0.520.33-0.57-0.53-0.580.48-0.54
-0.83-0.94-0.98-0.76-0.970.89-0.01-0.950.79-0.910.52-0.79-0.720.460.63-0.87-0.99-0.8-0.920.04-0.94-0.99-0.740.48-0.99
0.90.961.00.840.98-0.9-0.070.96-0.870.96-0.470.870.81-0.55-0.730.930.990.880.94-0.140.920.980.8-0.54-0.99
Click cells to compare fundamentals

MOGU Account Relationship Matchups

MOGU fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B1.8B1.2B986.1M887.5M843.2M
Other Current Liab417.9M345.3M292.9M292.9M263.6M329.5M
Total Current Liabilities435.1M365.3M321.8M304.0M273.6M425.0M
Total Stockholder Equity2.0B1.5B789.7M644.0M579.6M550.7M
Other Liab7.2M25.2M19.7M13.0M11.7M11.1M
Net Tangible Assets1.5B981.0M842.4M636.5M731.9M768.5M
Property Plant And Equipment Net14.1M10.8M7.7M200.0M230.0M241.5M
Current Deferred Revenue103K77K901K245K220.5K209.5K
Net Debt(856.6M)(542.1M)(428.5M)(412.8M)(474.7M)(498.4M)
Retained Earnings(7.6B)(8.0B)(8.6B)(8.8B)(7.9B)(8.3B)
Accounts Payable17.1M19.9M18.0M8.2M9.4M16.4M
Cash856.6M542.1M438.6M416.2M374.6M688.6M
Non Current Assets Total1.1B852.8M448.1M345.5M311.0M295.4M
Non Currrent Assets Other14.2M163.1M215.0M63.6M73.2M79.2M
Other Assets763K14.2M163.1M215.0M247.2M259.6M
Cash And Short Term Investments1.1B802.3M635.5M562.0M505.8M869.5M
Net Receivables113.2M106.0M27.4M8.5M7.6M7.3M
Common Stock Shares Outstanding4.2M9.1M8.8M8.4M9.7M8.6M
Short Term Investments238M260.2M196.9M145.8M131.3M181.0M
Liabilities And Stockholders Equity2.4B1.8B1.2B986.1M887.5M843.2M
Non Current Liabilities Total25.2M19.7M13.0M4.1M3.7M3.5M
Inventory2.9M240K79K144K129.6K123.1K
Other Current Assets6.2M10.1M5.8M69.1M79.5M83.5M
Other Stockholder Equity9.4B9.3B9.3B9.3B10.7B8.5B
Total Liab460.3M385.0M334.8M308.1M277.3M448.9M
Long Term Investments102.4M66.4M72.1M69.3M62.4M87.3M
Property Plant And Equipment Gross73.5M10.8M252.1M200.0M230.0M241.5M
Total Current Assets1.3B987.1M718.9M640.6M576.5M1.1B
Accumulated Other Comprehensive Income204.4M100.5M72.3M85.7M98.6M96.1M
Non Current Liabilities Other4.7M3.6M2.2M890K1.0M972.3K
Short Term Debt8.5M5.8M10.1M2.7M2.4M2.3M
Intangible Assets813.0M426.0M89.8M12.6M11.3M10.7M
Property Plant Equipment12.0M14.1M10.8M7.7M6.9M6.6M
Net Invested Capital2.0B1.5B799.8M644.0M740.6M836.8M
Net Working Capital875.5M621.8M397.1M336.6M303.0M592.9M

Pair Trading with MOGU

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MOGU position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MOGU will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to MOGU could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MOGU when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MOGU - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MOGU Inc to buy it.
The correlation of MOGU is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MOGU moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MOGU Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MOGU can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether MOGU Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MOGU Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mogu Inc Stock. Highlighted below are key reports to facilitate an investment decision about Mogu Inc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MOGU Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the MOGU Inc information on this page should be used as a complementary analysis to other MOGU's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running MOGU's price analysis, check to measure MOGU's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MOGU is operating at the current time. Most of MOGU's value examination focuses on studying past and present price action to predict the probability of MOGU's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MOGU's price. Additionally, you may evaluate how the addition of MOGU to your portfolios can decrease your overall portfolio volatility.
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Is MOGU's industry 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 MOGU. If investors know MOGU 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 MOGU listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.53)
Revenue Per Share
23.351
Quarterly Revenue Growth
(0.28)
Return On Assets
(0.05)
Return On Equity
(0.24)
The market value of MOGU Inc is measured differently than its book value, which is the value of MOGU that is recorded on the company's balance sheet. Investors also form their own opinion of MOGU's value that differs from its market value or its book value, called intrinsic value, which is MOGU'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 MOGU's market value can be influenced by many factors that don't directly affect MOGU'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 MOGU's value and its price as these two are different measures arrived at by different means. Investors typically determine if MOGU is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MOGU'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.