MMCP (Mag Mile Capital) Other Current Assets: $0.15 Mil (As of Mar. 2026)

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MMCP Mag Mile Capital Inc MMCP
45 GF Score
Price $0.15
GF Value $55.84
Valuation Significantly Undervalued
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What is Mag Mile Capital Other Current Assets?

Mag Mile Capital MMCP 45 Other Current Assets is $0.15 Mil as of Mar. 2026. GuruFocus rates MMCP with a GF Score™ of 45/100 and a GF Value™ of $55.84 (Significantly Undervalued).

Mag Mile Capital's other current assets for the quarter that ended in Mar. 2026 was $0.15 Mil.

Mag Mile Capital's quarterly other current assets declined from Sep. 2025 ($0.32 Mil) to Dec. 2025 ($0.23 Mil) and declined from Dec. 2025 ($0.23 Mil) to Mar. 2026 ($0.15Mil).

Mag Mile Capital's annual other current assets increased from Dec. 2023 ($0.39 Mil) to Dec. 2024 ($0.45 Mil) declined from Dec. 2024 ($0.45 Mil) to Dec. 2025 ($0.23 Mil).


Mag Mile Capital Other Current Assets Related Terms


Mag Mile Capital Other Current Assets Historical Data

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The historical data trend for Mag Mile Capital's Other Current Assets 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.

Mag Mile Capital Other Current Assets Chart

Mag Mile Capital Annual Data
Trend Jul21 Jul22 Dec23 Dec24 Dec25
Other Current Assets
0.00 0.00 0.39 0.45 0.23

Mag Mile Capital Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.46 0.37 0.32 0.23 0.15
MMCP
45GF Score
Mag Mile Capital Inc MMCP
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Mag Mile Capital Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of $0.15 Mil mean?
Mag Mile Capital (MMCP) has a Other Current Assets of $0.15 Mil as of Mar. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Mag Mile Capital.
Is Mag Mile Capital's Other Current Assets too high?
Mag Mile Capital's current Other Current Assets is $0.15 Mil. Overall, Mag Mile Capital has a GF Score™ of 45/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mag Mile Capital's Other Current Assets compare to PAPL and BLNE?
Mag Mile Capital's Other Current Assets of $0.15 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for a Banks company?
A good Other Current Assets depends on the Banks industry context. However, Other Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Mag Mile Capital. Mag Mile Capital's current Other Current Assets is $0.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mag Mile Capital stock overvalued right now?
Based on GuruFocus' analysis, Mag Mile Capital (MMCP) is currently considered Significantly Undervalued. The stock's GF Value™ is $55.84, compared to a current price of $0.15 — trading 99.7% below its estimated fair value. The current Other Current Assets is $0.15 Mil. Mag Mile Capital's overall GF Score™ is 45/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For Mag Mile Capital (MMCP), the current Other Current Assets is $0.15 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mag Mile Capital (MMCP) Overvalued in 2026?

Based on GuruFocus' analysis, Mag Mile Capital stock appears to be undervalued. The current stock price of $0.15 is trading 99.7% below its estimated GF Value™ of $55.84. GuruFocus considers Mag Mile Capital to be Significantly Undervalued.

Key valuation signals for MMCP:

  • Other Current Assets: $0.15 Mil
  • GF Value™: $55.84 vs. price of $0.15 (99.7% below fair value)
  • GF Score™: 45/100

No single metric tells the full story. See the MMCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mag Mile Capital Business Description

Address 1141 W. Randolph Street, Suite 200, Chicago, IL, USA, 60607
Mag Mile Capital Inc is a full-service commercial real estate mortgage banking firm. It is a national platform comprised of capital markets experience in real estate bridge financing, mezzanine, and permanent debt placement and equity arrangements throughout the full capital stack and across all real estate asset classes, including hotels, multifamily, office, retail, industrial, healthcare, self-storage and special purpose properties, offering access to structured debt and equity advisory solutions and placement for real estate investors, developers, and entrepreneurs. The company leverages its access to diverse sources of capital, including family offices, hedge funds, private equity firms, investment banks, life insurance companies, money centers, and regional commercial banks.
45GF Score

Get the complete analysis for MMCP

Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.15
Price
$55.84
GF Value