MGO Global Inc. Common Stock
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has MGO Global Inc. Common Stock's balance sheet done over the years? Its assets were worth $2,241,910 last year, which is more than in the previous period. 59% of MGO Global Inc. Common Stock’s total assets is currently financed by debt. Its liabilities reached the amount of $1,320,162, which means an decrease by -19% compared compared to last year.
Debt to Assets
| 2020 | 335235 | 619.99K | 184.94% |
|---|---|---|---|
| 2021 | 570282 | 984.28K | 172.6% |
| 2022 | 440968 | 1.63M | 370.9% |
| 2023 | 2241910 | 1.32M | 58.89% |
MGOL Balance Sheet (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Assets | ||||
Current assets: | ||||
Cash and cash equivalents | 934.91K | 113.95K | 87.92K | 116.65K |
Short term investments | 0 | 0 | 0 | 0 |
Net receivables | 64.47K | 101.83K | 3.28K | 10.76K |
Inventory | 724.55K | 69.54K | 68.40K | 198.48K |
Other current assets | 198.51K | 7.86K | 9.33K | 9.33K |
Total current assets | 1.92M | 440.96K | 570.28K | 335.23K |
Non-current assets: | ||||
Property, Plant and Equipment | 319.46K | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 |
Other non-current assets | 0 | 0 | 0 | 0 |
Total non-current assets | 319.46K | 0 | 0 | 0 |
Total assets | 2.24M | 440.96K | 570.28K | 335.23K |
Liabilities | ||||
| Current liabilities: | ||||
Accounts payable | ||||
Deferred revenue | 0 | 0 | 524.19K | 226.21K |
Short term debt | 0 | 134.64K | 117.03K | 97.49K |
Total current liabilities | 1.32M | 1.61M | 963.44K | 619.99K |
| Non-current liabilities: | ||||
Long term debt | 0 | 0 | 20.84K | 0 |
Deferred tax | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 18K | -20.84K | 0 |
Total non-current liabilities | 0 | 18K | 20.84K | 0 |
Total liabilities | 1.32M | 1.63M | 984.28K | 619.99K |
| Data source | Data source |