MEGL
Price:
$1.2709
Market Cap:
$79.79M
Magic Empire Global Limited provides initial public offering sponsorship, financial and independent financial advisory, post-listing compliance advisory, and underwriting services to corporations in Hong Kong. The company was incorporated in 2016 and is headquartered in Central, Hong Kong.
Industry
Financial - Capital Markets
IPO Date
2022-08-05
Stock Exchange
NASDAQ
Ticker
MEGL
According to Magic Empire Global Limited’s latest financial reports and current stock price. The company's current Current Ratio is 36.88. This represents a change of -84.89% compared to the average of 244.05 of the last 4 quarters.
The mean historical Current Ratio of Magic Empire Global Limited over the last ten years is 30.77. The current 36.88 Current Ratio has changed 11.89% with respect to the historical average. Over the past ten years (40 quarters), MEGL's Current Ratio was at its highest in in the June 2022 quarter at 910.04. The Current Ratio was at its lowest in in the June 2020 quarter at 0.
Average
30.77
Median
16.49
Minimum
0
Maximum
114.04
Discovering the peaks and valleys of Magic Empire Global Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual Current Ratio = 114.04
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 36.88 | 52.86% |
| 2023 | 24.13 | -78.84% |
| 2022 | 114.04 | 16.03% |
| 2021 | 0.71 | Infinity% |
| 2020 | 0 | -100.00% |
The current Current Ratio of Magic Empire Global Limited (MEGL) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
58.35
5-year avg
35.15
10-year avg
30.77
Magic Empire Global Limited’s Current Ratio is greater than Garden Stage Limited Ordinary Shares (1.51), greater than Netcapital Inc. (1.04), greater than AIFU Inc. (2.50), greater than Oxbridge Re Holdings Limited (0), greater than CNFinance Holdings Limited (0.41), greater than SHF Holdings, Inc. (0.33), greater than Abits Group Inc. (1.69), greater than Tennessee Valley Authority PARRS A 2029 (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.51 | $31.92M | |
| 1.04 | $4.47M | |
| 2.50 | $7.52M | |
| 0 | $10.36M | |
| 0.41 | $17.68M | |
| 0.33 | $4.32M | |
| 1.69 | $14.92M | |
| 0 | $12.73M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Magic Empire Global Limited using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Magic Empire Global Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Magic Empire Global Limited's Current Ratio?
How is the Current Ratio calculated for Magic Empire Global Limited (MEGL)?
What is the highest Current Ratio for Magic Empire Global Limited (MEGL)?
What is the 3-year average Current Ratio for Magic Empire Global Limited (MEGL)?
What is the 5-year average Current Ratio for Magic Empire Global Limited (MEGL)?
How does the current Current Ratio for Magic Empire Global Limited (MEGL) compare to its historical average?