Magnolia Total Current Liabilities from 2010 to 2024

MGY Stock  USD 28.23  0.52  1.88%   
Magnolia Oil Total Current Liabilities yearly trend continues to be fairly stable with very little volatility. Total Current Liabilities will likely drop to about 189.5 M in 2024. Total Current Liabilities is the total amount of liabilities that Magnolia Oil Gas is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2016-12-31
Previous Quarter
355 M
Current Value
281.5 M
Quarterly Volatility
116.3 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 Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Magnolia Oil Gas over the last few years. Total Current Liabilities is an item on Magnolia Oil balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Magnolia Oil Gas are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Magnolia Oil's Total Current Liabilities 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.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Magnolia Total Current Liabilities Regression Statistics

Arithmetic Mean105,075,335
Geometric Mean14,688,055
Coefficient Of Variation119.11
Mean Deviation110,563,336
Median1,804,828
Standard Deviation125,158,142
Sample Variance15664.6T
Range338.9M
R-Value0.85
Mean Square Error4581.6T
R-Squared0.73
Significance0.000052
Slope23,885,376
Total Sum of Squares219303.8T

Magnolia Total Current Liabilities History

2024189.5 M
2023314.9 M
2022340.3 M
2021218.5 M
2020128.9 M
2019175.2 M
2018197.4 M

About Magnolia Oil Financial Statements

Magnolia Oil investors use historical fundamental indicators, such as Magnolia Oil's Total Current Liabilities, 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
Total Current Liabilities314.9 M189.5 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.