MGNI
Price:
$14.38
Market Cap:
$2.04B
Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties, to manage and monetize their inventory; and provides applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory. It markets its technology solutions to buyers and sellers through a sales teams that operate from various locations. The company was formerly known as The Rubicon Projec...[Read more]
Industry
Advertising Agencies
IPO Date
2014-04-02
Stock Exchange
NASDAQ
Ticker
MGNI
According to Magnite, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.00. This represents a change of -5.92% compared to the average of 1.06 of the last 4 quarters.
The mean historical Current Ratio of Magnite, Inc. over the last ten years is 1.28. The current 1.00 Current Ratio has changed 7.68% with respect to the historical average. Over the past ten years (40 quarters), MGNI's Current Ratio was at its highest in in the March 2017 quarter at 2.06. The Current Ratio was at its lowest in in the March 2025 quarter at 0.98.
Average
1.28
Median
1.17
Minimum
1.09
Maximum
1.79
Discovering the peaks and valleys of Magnite, Inc. 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 = 22.63%
Maximum Annual Current Ratio = 1.79
Minimum Annual Increase = -21.77%
Minimum Annual Current Ratio = 1.09
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.14 | 4.81% |
| 2023 | 1.09 | -7.86% |
| 2022 | 1.18 | 3.00% |
| 2021 | 1.14 | -1.55% |
| 2020 | 1.16 | -0.66% |
| 2019 | 1.17 | -6.16% |
| 2018 | 1.25 | -11.07% |
| 2017 | 1.40 | -21.77% |
| 2016 | 1.79 | 22.63% |
| 2015 | 1.46 | -5.15% |
The current Current Ratio of Magnite, Inc. (MGNI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.13
5-year avg
1.14
10-year avg
1.28
Magnite, Inc.’s Current Ratio is less than Weibo Corporation (3.65), less than Integral Ad Science Holding Corp. (4.43), greater than Cimpress plc (0.65), less than IAC InterActive Corp. (2.56), less than Sphere Entertainment Co. (1.13), greater than Madison Square Garden Entertainment Corp. (0.96), greater than Atlanta Braves Holdings, Inc. (0.67), less than Genius Sports Limited (2.35), less than IHS Holding Limited (1.54),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.65 | $2.46B | |
| 4.43 | $1.72B | |
| 0.65 | $1.78B | |
| 2.56 | $2.94B | |
| 1.13 | $3.01B | |
| 0.96 | $2.43B | |
| 0.67 | $2.66B | |
| 2.35 | $2.68B | |
| 1.54 | $2.45B |
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