Magnolia Cash And Short Term Investments vs Retained Earnings Analysis
MGY Stock | USD 25.48 0.24 0.95% |
Magnolia Oil financial indicator trend analysis is infinitely more than just investigating Magnolia Oil Gas recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Magnolia Oil Gas is a good investment. Please check the relationship between Magnolia Oil Cash And Short Term Investments and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magnolia Oil Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Cash And Short Term Investments vs Retained Earnings
Cash And Short Term Investments vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magnolia Oil Gas Cash And Short Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have no relationship.
The correlation between Magnolia Oil's Cash And Short Term Investments and Retained Earnings is 0.07. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Magnolia Oil Gas, assuming nothing else is changed. The correlation between historical values of Magnolia Oil's Cash And Short Term Investments and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Magnolia Oil Gas are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash And Short Term Investments i.e., Magnolia Oil's Cash And Short Term Investments and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Magnolia Oil Gas balance sheet. This account contains Magnolia Oil investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Magnolia Oil Gas fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Magnolia Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Magnolia Oil Gas current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magnolia Oil Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. At this time, Magnolia Oil's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.09 in 2024, whereas Selling General Administrative is likely to drop slightly above 66.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 31.0M | 23.4M | 33K | 31.4K | Depreciation And Amortization | 197.1M | 249.7M | 328.8M | 289.1M |
Magnolia Oil fundamental ratios Correlations
Click cells to compare fundamentals
Magnolia Oil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Magnolia Oil fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.5B | 1.5B | 1.7B | 2.6B | 2.8B | 2.3B | |
Other Current Liab | 95.8M | 66.3M | 90.6M | 137.4M | 112.1M | 96.6M | |
Total Current Liabilities | 175.2M | 128.9M | 218.5M | 340.3M | 314.9M | 189.5M | |
Total Stockholder Equity | 1.8B | 548.2M | 816.8M | 1.6B | 1.7B | 1.3B | |
Net Debt | 207.2M | 198.6M | 21.1M | (285.1M) | 8.4M | 8.0M | |
Retained Earnings | 82.9M | (1.1B) | (708.2M) | 185.7M | 486.2M | 510.5M | |
Cash | 182.6M | 192.6M | 367.0M | 675.4M | 401.1M | 269.1M | |
Non Current Assets Total | 3.2B | 1.2B | 1.2B | 1.7B | 2.2B | 1.9B | |
Non Currrent Assets Other | 56.4M | 13.0M | 11.9M | 26.0M | 7.1M | 6.7M | |
Cash And Short Term Investments | 182.6M | 192.6M | 367.0M | 675.4M | 401.1M | 269.1M | |
Common Stock Shares Outstanding | 167.0M | 166.3M | 175.4M | 187.9M | 188.4M | 164.9M | |
Liabilities And Stockholders Equity | 3.5B | 1.5B | 1.7B | 2.6B | 2.8B | 2.3B | |
Non Current Liabilities Total | 562.7M | 485.0M | 482.9M | 492.1M | 558.7M | 433.8M | |
Other Current Assets | 110.6M | 89.0M | 151.8M | 175.3M | 447K | 424.7K | |
Other Stockholder Equity | 1.7B | 1.7B | 1.5B | 1.4B | 1.2B | 1.3B | |
Total Liab | 737.9M | 614.0M | 701.5M | 832.4M | 873.5M | 623.4M | |
Net Invested Capital | 2.2B | 939.3M | 1.2B | 2.0B | 2.1B | 1.6B | |
Total Current Assets | 293.2M | 281.5M | 518.8M | 850.7M | 591.3M | 389.2M | |
Net Working Capital | 118.0M | 152.6M | 300.2M | 510.5M | 276.4M | 199.7M | |
Other Liab | 171.4M | 93.9M | 94.9M | 96.9M | 87.2M | 165.8M | |
Net Tangible Assets | 1.8B | 548.2M | 816.8M | 1.6B | 1.8B | 1.2B | |
Noncontrolling Interest In Consolidated Entity | 952.5M | 291.3M | 228.5M | 164.1M | 147.7M | 140.3M | |
Accounts Payable | 79.4M | 62.6M | 127.9M | 202.8M | 193.2M | 116.9M | |
Other Assets | 8.8M | 13.0M | 163.7M | 364.1M | 1.0 | 0.95 | |
Long Term Debt | 389.8M | 391.1M | 388.1M | 390.4M | 392.8M | 367.9M | |
Net Receivables | 105.8M | 81.6M | 149.8M | 170.8M | 189.7M | 147.5M | |
Retained Earnings Total Equity | 82.9M | (1.1B) | (708.2M) | 185.7M | 167.1M | 175.5M | |
Long Term Debt Total | 389.8M | 391.1M | 388.1M | 390.4M | 448.9M | 357.1M | |
Capital Surpluse | 1.7B | 1.7B | 1.7B | 1.7B | 2.0B | 1.6B | |
Inventory | (105.8M) | (81.6M) | (149.8M) | (170.8M) | (153.7M) | (146.0M) | |
Deferred Long Term Liab | 8.4M | 6.0M | 3.7M | 5.6M | 6.5M | 6.3M | |
Non Current Liabilities Other | 1.5M | 93.9M | 94.9M | 101.7M | 17.4M | 16.5M | |
Cash And Equivalents | 182.6M | 192.6M | 367.0M | 675.4M | 776.8M | 815.6M | |
Short Term Debt | 2.6M | 1.8M | 4.0M | 4.0M | 9.6M | 10.1M | |
Property Plant Equipment | 3.1B | 1.1B | 1.2B | 1.5B | 1.4B | 1.6B | |
Short Long Term Debt Total | 389.8M | 391.1M | 388.1M | 390.4M | 409.5M | 432.2M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.C | Citigroup | |
CRM | Salesforce | |
MSFT | Microsoft |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magnolia Oil Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Magnolia Oil Gas information on this page should be used as a complementary analysis to other Magnolia Oil's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary 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.
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
CEOs Directory Screen CEOs from public companies around the world | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |
Is Magnolia Oil's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magnolia Oil. If investors know Magnolia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magnolia Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 0.49 | Earnings Share 2 | Revenue Per Share 6.662 | Quarterly Revenue Growth 0.036 |
The market value of Magnolia Oil Gas is measured differently than its book value, which is the value of Magnolia that is recorded on the company's balance sheet. Investors also form their own opinion of Magnolia Oil's value that differs from its market value or its book value, called intrinsic value, which is Magnolia Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magnolia Oil's market value can be influenced by many factors that don't directly affect Magnolia Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magnolia Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magnolia Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnolia Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.