Mogu Inc. balance sheet
At the end of fiscal 2026, Mogu Inc. had total assets of $120m, total liabilities of $46.2m and shareholders' equity of $73.7m. It held $19.4m in cash against $0 of debt: net cash of $19.4m.
Balance sheet
| Fiscal year | 2017Mar 2017 | 2018Mar 2018 | 2019Mar 2019 | 2020Mar 2020 | 2021Mar 2021 | 2022Mar 2022 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 185 | 195 | 190 | 121 | 83 | 69 | 61 | 50 | 11 | 19 |
| Receivables | — | — | — | — | — | — | 6 | 3 | 8 | 1 |
| Inventory | — | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total current assets | — | 264 | 265 | 185 | 151 | 113 | 97 | 70 | 67 | 50 |
| Goodwill | 228 | 250 | 234 | 26 | 28 | 10 | 0 | 0 | 0 | — |
| Total assets | — | 570 | 686 | 345 | 281 | 184 | 147 | 130 | 118 | 120 |
| Accounts payable | — | 2 | 3 | 2 | 3 | 3 | 1 | 1 | 1 | 1 |
| Deferred revenue (current) | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total current liabilities | — | 107 | 82 | 61 | 56 | 51 | 49 | 45 | 44 | 46 |
| Short-term debt | — | — | — | — | 0 | 2 | 0 | — | — | — |
| Total debt | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 |
| Total liabilities | — | 111 | 83 | 65 | 59 | 53 | 49 | 45 | 44 | 46 |
| Shareholders' equity | −465 | −718 | 603 | 280 | 222 | 125 | 93 | 81 | 70 | 74 |
| Non-controlling interests and other (assets − liabilities − equity) | — | 1,177 | — | — | — | 7 | 5 | 4 | 4 | — |
| Net debt (negative = net cash) | −185 | −195 | −190 | −121 | −83 | −68 | −61 | −50 | −11 | −19 |
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