Mgo Global Inc Quick Ratio (MGOL) starting from the third quarter 2024 to third quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Mgo Global Inc   (NASDAQ: MGOL)

Mgo Global Inc 's Quick Ratio

MGOL's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Mgo Global Inc 's Cash & cash equivalent grew by 10.27 % in the Q3 2024 sequentially, while Current Liabilities decreased, this led to improvement in Mgo Global Inc 's Quick Ratio to 7.88 a new company high.

Within Apparel, Footwear & Accessories industry Mgo Global Inc booked the highest Quick Ratio than Mgo Global Inc in the third quarter 2024. While Quick Ratio total ranking has improved so far during the Q3 2024 to 370, from total ranking in the second quarter 2024 at 915.

Explain Quick Ratio?
How much Cash & cash equivalents MGOL´s has?
What are MGOL´s Current Liabilities?




MGOL Quick Ratio (Sep 30 2024)
Q3
(Jun 30 2024)
Q2
(Mar 31 2024)
Q1
(Dec 31 2023)
Q4
(Sep 30 2023)
Q3
Y / Y Current Liabilities Change -74.58 % -0.97 % -23.95 % 101.04 % 27.59 %
Y / Y Cash & cash equivalent Change - -68.51 % -71.89 % 720.44 % -
Quick Ratio MRQ 7.88 1.55 1.9 0.5 -
MGOL's Total Ranking # 370 # 915 # 911 # 1681 # 0
Seq. Current Liabilities Change -78.25 % 4.82 % -57.11 % 159.95 % -15.26 %
Seq. Cash & cash equivalent Change 10.27 % -14.21 % 62.28 % - -



Quick Ratio third quarter 2024 Company Ranking
Within: No.
Apparel, Footwear & Accessories Industry # 1
Consumer Discretionary Sector # 1
Overall Market # 370


Quick Ratio Statistics
High Average Low
7.88 3.16 0.07
(Sep 30 2024)   (Dec 31 2022)




Financial Statements
Mgo Global Inc 's Current Liabilities $ 0 Millions Visit MGOL's Balance sheet
Mgo Global Inc 's Cash & cash equivalent $ 1 Millions Visit MGOL's Balance sheet
Source of MGOL's Sales Visit MGOL's Sales by Geography


Cumulative Mgo Global Inc 's Quick Ratio

MGOL's Quick Ratio for the trailling 12 Months

MGOL Quick Ratio

(Sep 30 2024)
12 Months
(Jun 30 2024)
12 Months
(Mar 31 2024)
12 Months
(Dec 31 2023)
12 Months
(Sep 30 2023)
12 Months
Y / Y Current Liabilities TTM Growth 4.01 % 24.56 % 66.38 % 200.74 % 530.19 %
Y / Y Cash & cash equivalent TTM Growth -46.2 % -61.43 % 17.62 % 5084.88 % 10872.49 %
Quick Ratio TTM 1.41 0.89 1.56 2.34 2.72
Total Ranking TTM # 3437 # 958 # 3413 # 3163 # 2882
Seq. Current Liabilities TTM Growth -12.68 % -0.19 % -5.62 % 26.45 % 4.58 %
Seq. Cash & cash equivalent TTM Growth 38.24 % -43 % -37.07 % 8.51 % -0.9 %


On the trailing twelve months basis MGOL Cash & cash equivalent increased by 10.27 % in Q3 2024 year on year, while Current Liabilities dropped to $0 millions, this led to increase in in Mgo Global Inc 's Quick Ratio to 1.41, Quick Ratio remained below MGOL average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Apparel, Footwear & Accessories industry 38 other companies have achieved higher Quick Ratio than Mgo Global Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2024 from 958 to 3437.

Explain Quick Ratio?
How much Cash & cash equivalents MGOL´s has?
What are MGOL´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Apparel, Footwear & Accessories Industry # 39
Consumer Discretionary Sector # 154
Within the Market # 3437


trailing twelve months Quick Ratio Statistics
High Average Low
2.66 1.88 1.02
(Dec 31 2023)   (Jun 30 2024)




Companies with similar Quick Ratio in the quarter ending Sep 30 2024, within Apparel, Footwear & Accessories Industry Quick RatioSep 30 2024 MRQ Cash & cash equivalentSep 30 2024 MRQ Current Liabilities
Mgo Global Inc   7.88 $ 1.435  Millions$ 0.182  Millions
Tapestry Inc   4.69 $ 7,305.200  Millions$ 1,556.000  Millions
Weyco Group inc   3.29 $ 75.455  Millions$ 22.962  Millions
Figs Inc   2.97 $ 281.710  Millions$ 94.745  Millions
VitaNova Life Sciences Corp  2.34 $ 0.223  Millions$ 0.095  Millions
Movado Group Inc   1.72 $ 181.548  Millions$ 105.760  Millions
Allbirds Inc   1.71 $ 78.627  Millions$ 45.882  Millions

Date modified: 2026-09-26T07:42:03+00:00



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