Magnolia Current Deferred Revenue from 2010 to 2024

MGY Stock  USD 28.19  0.60  2.08%   
Magnolia Oil Current Deferred Revenue yearly trend continues to be fairly stable with very little volatility. Current Deferred Revenue will likely drop to about -3.7 M in 2024. Current Deferred Revenue is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. View All Fundamentals
 
Current Deferred Revenue  
First Reported
2010-12-31
Previous Quarter
-3.6 M
Current Value
-3.7 M
Quarterly Volatility
652.9 K
 
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Yuan Drop
 
Covid
Check Magnolia Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magnolia Oil's main balance sheet or income statement drivers, such as Tax Provision of 17.8 M, Depreciation And Amortization of 289.4 M or Interest Expense of 31.4 K, as well as many indicators such as Price To Sales Ratio of 3.47, Dividend Yield of 0.0116 or PTB Ratio of 1.66. Magnolia financial statements analysis is a perfect complement when working with Magnolia Oil Valuation or Volatility modules.
  
Check out the analysis of Magnolia Oil Correlation against competitors.

Latest Magnolia Oil's Current Deferred Revenue Growth Pattern

Below is the plot of the Current Deferred Revenue of Magnolia Oil Gas over the last few years. It is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. Magnolia Oil's Current Deferred Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magnolia Oil's overall financial position and show how it may be relating to other accounts over time.
Current Deferred Revenue10 Years Trend
Slightly volatile
   Current Deferred Revenue   
       Timeline  

Magnolia Current Deferred Revenue Regression Statistics

Arithmetic Mean(2,841,208)
Coefficient Of Variation(22.98)
Mean Deviation526,971
Median(2,550,000)
Standard Deviation652,927
Sample Variance426.3B
Range2.2M
R-Value(0.62)
Mean Square Error283.6B
R-Squared0.38
Significance0.01
Slope(90,270)
Total Sum of Squares6T

Magnolia Current Deferred Revenue History

2024-3.7 M
2023-3.6 M
2022-4 M
2021-4 M
2020-1.8 M

About Magnolia Oil Financial Statements

Magnolia Oil investors use historical fundamental indicators, such as Magnolia Oil's Current Deferred Revenue, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Magnolia Oil. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-3.6 M-3.7 M

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Additional Tools for Magnolia Stock Analysis

When running Magnolia Oil's price analysis, check to measure Magnolia Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magnolia Oil is operating at the current time. Most of Magnolia Oil's value examination focuses on studying past and present price action to predict the probability of Magnolia Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnolia Oil's price. Additionally, you may evaluate how the addition of Magnolia Oil to your portfolios can decrease your overall portfolio volatility.