Magnolia Interest Expense from 2010 to 2024

MGY Stock  USD 28.79  0.56  1.98%   
Magnolia Oil Interest Expense yearly trend continues to be fairly stable with very little volatility. Interest Expense will likely drop to about 31.4 K in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2017-06-30
Previous Quarter
3.5 M
Current Value
3.9 M
Quarterly Volatility
15.8 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 Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Magnolia Oil Gas over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Magnolia Oil's Interest Expense 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.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Magnolia Interest Expense Regression Statistics

Arithmetic Mean13,077,757
Geometric Mean5,386,428
Coefficient Of Variation86.88
Mean Deviation10,027,496
Median6,717,000
Standard Deviation11,362,167
Sample Variance129.1T
Range31M
R-Value0.32
Mean Square Error125.1T
R-Squared0.10
Significance0.25
Slope805,223
Total Sum of Squares1807.4T

Magnolia Interest Expense History

202431.4 K
202333 K
202223.4 M
202131 M
202028.7 M
201928.4 M
201829.1 M

About Magnolia Oil Financial Statements

Magnolia Oil investors use historical fundamental indicators, such as Magnolia Oil's Interest Expense, 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
Interest Expense33 K31.4 K

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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.