MoneyGram International, Inc.

MoneyGram International, Inc.verified

MGI

Price:

$10.99

Market Cap:

$1.07B

MoneyGram International, Inc., together with its subsidiaries, provides cross-border peer-to-peer payments and money transfer services in the United States and internationally. The company operates through two segments, Global Funds Transfer and Financial Paper Products. The Global Funds Transfer segment offers money transfer services and bill payment services through third-party agents, including retail chains, independent retailers, post offices, banks, and other financial institutions; and digital solutions, such as moneygram.com, account deposit, and kiosk-based services, as well as mobile app solutions. The Financial Paper Products segment provides money orders to consumers through its ...[Read more]

Industry

Financial - Credit Services

IPO Date

2004-06-30

Stock Exchange

NASDAQ

Ticker

MGI

The Current Ratio as of December 2024 (TTM) for MoneyGram International, Inc. (MGI) is 1.08

According to MoneyGram International, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.08. This represents a change of -94.56% compared to the average of 19.80 of the last 4 quarters.

MoneyGram International, Inc. (MGI) Historical Current Ratio (quarterly & annually)

How has MGI Current Ratio performed in the past?

The mean historical Current Ratio of MoneyGram International, Inc. over the last ten years is 2.99. The current 1.08 Current Ratio has changed 3.51% with respect to the historical average. Over the past ten years (40 quarters), MGI's Current Ratio was at its highest in in the March 2022 quarter at 30.48. The Current Ratio was at its lowest in in the September 2019 quarter at 0.49.

Quarterly (TTM)
Annual

Average

2.99

Median

0.92

Minimum

0.56

Maximum

21.86

MoneyGram International, Inc. (MGI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of MoneyGram International, 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 = 60.57%

Maximum Annual Current Ratio = 21.86

Minimum Annual Increase = -94.33%

Minimum Annual Current Ratio = 0.56

Quarterly (TTM)
Annual
YearCurrent RatioChange
20221.0811.10%
20210.977.24%
20200.9060.57%
20190.56-17.34%
20180.68-8.36%
20170.74-20.20%
20160.933.95%
20150.90-27.70%
20141.24-94.33%
201321.86-0.74%

MoneyGram International, Inc. (MGI) Average Current Ratio

How has MGI Current Ratio performed in the past?

The current Current Ratio of MoneyGram International, Inc. (MGI) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

0.98

5-year avg

0.84

10-year avg

2.99

MoneyGram International, Inc. (MGI) Current Ratio vs. Peers

How is MGI’s Current Ratio compared to its peers?

MoneyGram International, Inc.’s Current Ratio is greater than SLM Corporation (0), greater than ORIX Corporation (0), less than FirstCash Holdings, Inc (4.31), less than Medallion Financial Corp. (31.25), less than Oportun Financial Corporation (2.26), less than SLM Corporation (0), greater than Federal Agricultural Mortgage Corporation (0), less than Navient Corporation (32.57), greater than Federal Agricultural Mortgage Corporation (0.79), less than EZCORP, Inc. (32.57), less than Enova International, Inc. (2.71), less than Synchrony Financial (17.43), greater than Ally Financial Inc. (0), less than Discover Financial Services (4.00), greater than LendingClub Corporation (0), greater than null (0),

Build a custom stock screener for MoneyGram International, Inc. (MGI) and other stocks

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 MoneyGram International, Inc. 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:

Custom stock screener in Wisesheets

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.

MoneyGram International, Inc. (MGI) and other stocks custom spreadsheet templates

The easiest way to analyze a company like MoneyGram International, Inc. 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.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is MoneyGram International, Inc.'s Current Ratio?

How is the Current Ratio calculated for MoneyGram International, Inc. (MGI)?

What is the highest Current Ratio for MoneyGram International, Inc. (MGI)?

What is the 3-year average Current Ratio for MoneyGram International, Inc. (MGI)?

What is the 5-year average Current Ratio for MoneyGram International, Inc. (MGI)?

How does the current Current Ratio for MoneyGram International, Inc. (MGI) compare to its historical average?