MEGL
Price:
$0.43
Market Cap:
$67.90M
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.[Read more]
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 24.13. This represents a change of -94.94% compared to the average of 476.88 of the last 4 quarters.
The mean historical Current Ratio of Magic Empire Global Limited over the last ten years is 74.32. The current 24.13 Current Ratio has changed 3.15% 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
74.32
Median
24.13
Minimum
1.07
Maximum
223.48
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 = 20.74%
Maximum Annual Current Ratio = 223.48
Minimum Annual Increase = -87.89%
Minimum Annual Current Ratio = 1.07
Year | Current Ratio | Change |
---|---|---|
2023 | 24.13 | -78.84% |
2022 | 114.04 | -48.97% |
2021 | 223.48 | 20.74% |
2020 | 1.07 | -87.89% |
The current Current Ratio of Magic Empire Global Limited (MEGL) 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
120.55
5-year avg
74.32
10-year avg
74.32
Magic Empire Global Limited’s Current Ratio is greater than Greenhill & Co., Inc. (1.89), greater than Netcapital Inc. (0.33), greater than Applied Digital Corporation (0.08), greater than Top KingWin Ltd (2.48), greater than TOP Financial Group Limited (4.81), greater than SAI.TECH Global Corporation (17.83), greater than AGBA Acquisition Limited (0.59), greater than Mercurity Fintech Holding Inc. (1.93), greater than Lazard Ltd (3.88),
Company | Current Ratio | Market cap |
---|---|---|
1.89 | $282.04M | |
0.33 | $1.80M | |
0.08 | $716.34M | |
2.48 | $3.31M | |
4.81 | $67.37M | |
17.83 | $18.92M | |
0.59 | $184.89M | |
1.93 | $76.02M | |
3.88 | $4.28B |
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