Magnolia Net Tangible Assets from 2010 to 2024

MGY Stock  USD 28.19  0.60  2.08%   
Magnolia Oil Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets will likely drop to about 1.2 B in 2024. Net Tangible Assets is the total assets of Magnolia Oil Gas minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2017-06-30
Previous Quarter
1.6 B
Current Value
1.7 B
Quarterly Volatility
503.4 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 Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Magnolia Oil Gas over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Magnolia Oil's Net Tangible Assets 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.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Magnolia Net Tangible Assets Regression Statistics

Arithmetic Mean623,050,527
Geometric Mean65,280,069
Coefficient Of Variation121.46
Mean Deviation669,239,028
Median5,000,004
Standard Deviation756,780,454
Sample Variance572716.7T
Range1.8B
R-Value0.78
Mean Square Error244700.8T
R-Squared0.60
Significance0.0007
Slope131,433,338
Total Sum of Squares8018033.2T

Magnolia Net Tangible Assets History

20241.2 B
20231.8 B
20221.6 B
2021816.8 M
2020548.2 M
20191.8 B
20181.6 B

About Magnolia Oil Financial Statements

Magnolia Oil investors use historical fundamental indicators, such as Magnolia Oil's Net Tangible Assets, 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
Net Tangible Assets1.8 B1.2 B

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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.