Magnolia Depreciation And Amortization from 2010 to 2024

MGY Stock  USD 27.68  0.27  0.97%   
Magnolia Oil Depreciation And Amortization yearly trend continues to be fairly stable with very little volatility. Depreciation And Amortization will likely drop to about 289.4 M in 2024. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
2017-09-30
Previous Quarter
106.5 M
Current Value
109.1 M
Quarterly Volatility
41 M
 
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 Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Magnolia Oil Gas over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Magnolia Oil's Depreciation And Amortization 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.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

Magnolia Depreciation And Amortization Regression Statistics

Arithmetic Mean172,843,332
Geometric Mean102,341,524
Coefficient Of Variation92.28
Mean Deviation136,156,620
Median129,711,000
Standard Deviation159,492,784
Sample Variance25437.9T
Range506M
R-Value0.74
Mean Square Error12262T
R-Squared0.55
Significance0
Slope26,506,378
Total Sum of Squares356131.3T

Magnolia Depreciation And Amortization History

2024289.4 M
2023328.8 M
2022246.4 M
2021202 M
2020303.6 M
2019539.1 M
2018321.8 M

About Magnolia Oil Financial Statements

Magnolia Oil investors use historical fundamental indicators, such as Magnolia Oil's Depreciation And Amortization, 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
Depreciation And Amortization328.8 M289.4 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.