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Magic Empire Global (Magic Empire Global) Total Liabilities : $0.51 Mil (As of Dec. 2023)


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What is Magic Empire Global Total Liabilities?

Magic Empire Global's Total Liabilities for the quarter that ended in Dec. 2023 was $0.51 Mil.

Magic Empire Global's quarterly Total Liabilities declined from Dec. 2022 ($1.00 Mil) to Jun. 2023 ($0.69 Mil) and declined from Jun. 2023 ($0.69 Mil) to Dec. 2023 ($0.51 Mil).

Magic Empire Global's annual Total Liabilities declined from Dec. 2021 ($2.59 Mil) to Dec. 2022 ($1.00 Mil) and declined from Dec. 2022 ($1.00 Mil) to Dec. 2023 ($0.51 Mil).

Magic Empire Global Total Liabilities Historical Data

The historical data trend for Magic Empire Global's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Magic Empire Global Total Liabilities Chart

Magic Empire Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Liabilities
1.60 2.59 1.00 0.51

Magic Empire Global Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Liabilities Get a 7-Day Free Trial 2.59 2.20 1.00 0.69 0.51

Magic Empire Global Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Magic Empire Global's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=0.511+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit)
+0+0)
=0.51

Total Liabilities=Total Assets (A: Dec. 2023 )-Total Equity (A: Dec. 2023 )
=17.703-17.192
=0.51

Magic Empire Global's Total Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=0.511+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit)
+0+0)
=0.51

Total Liabilities=Total Assets (Q: Dec. 2023 )-Total Equity (Q: Dec. 2023 )
=17.703-17.192
=0.51

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Magic Empire Global Total Liabilities Related Terms

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Magic Empire Global (Magic Empire Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Magic Empire Global Ltd (NAS:MEGL) » Definitions » Total Liabilities
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Traded in Other Exchanges
N/A
Address
3/F, 8 Wyndham Street, Central, Hong Kong, HKG
Website
https://www.meglmagic.com
Magic Empire Global Ltd is a financial services provider in Hong Kong which principally engaged in the provision of corporate finance advisory services and underwriting services.