Magnolia Return On Tangible Assets from 2010 to 2024

MGY Stock  USD 28.19  0.60  2.08%   
Magnolia Oil Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets are likely to outpace its year average in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.14088192
Current Value
0.15
Quarterly Volatility
0.37401556
 
Credit Downgrade
 
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 Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Magnolia Oil Gas over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Magnolia Oil's Return On 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.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

Magnolia Return On Tangible Assets Regression Statistics

Arithmetic Mean0
Coefficient Of Variation9,686
Mean Deviation0.17
Median0.03
Standard Deviation0.37
Sample Variance0.14
Range1.6417
R-Value0.01
Mean Square Error0.15
R-Squared0.0001
Significance0.97
Slope0.0008
Total Sum of Squares1.96

Magnolia Return On Tangible Assets History

2024 0.15
2023 0.14
2022 0.35
2021 0.32
2020 -1.29
2019 0.0247
2018 0.0759

About Magnolia Oil Financial Statements

Magnolia Oil investors use historical fundamental indicators, such as Magnolia Oil's Return On 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
Return On Tangible Assets 0.14  0.15 

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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.