Magnolia Retained Earnings vs Other Stockholder Equity 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 Retained Earnings and its Other Stockholder Equity 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.

Retained Earnings vs Other Stockholder Equity

Retained Earnings vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magnolia Oil Gas Retained Earnings account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Magnolia Oil's Retained Earnings and Other Stockholder Equity is -0.2. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Stockholder Equity 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 Retained Earnings and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Magnolia Oil Gas are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Retained Earnings i.e., Magnolia Oil's Retained Earnings and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Other Stockholder Equity

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 Expense31.0M23.4M33K31.4K
Depreciation And Amortization197.1M249.7M328.8M289.1M

Magnolia Oil fundamental ratios Correlations

0.930.850.950.320.220.660.98-0.870.66-0.890.870.920.680.890.910.990.740.63-0.89-0.860.98-0.320.76-0.870.65
0.930.880.860.230.090.730.88-0.880.73-0.90.880.910.780.910.920.920.80.71-0.9-0.890.92-0.280.8-0.840.72
0.850.880.82-0.080.130.940.73-0.920.94-0.920.960.920.680.850.960.90.980.93-0.92-0.930.92-0.390.99-0.80.87
0.950.860.820.120.470.660.93-0.740.66-0.760.770.80.540.730.820.980.720.62-0.76-0.730.96-0.360.76-0.730.73
0.320.23-0.080.12-0.34-0.360.45-0.23-0.36-0.250.130.290.130.370.170.17-0.25-0.37-0.25-0.220.170.06-0.22-0.47-0.32
0.220.090.130.47-0.340.070.240.10.070.1-0.06-0.07-0.35-0.2-0.010.310.070.020.10.130.26-0.510.170.080.44
0.660.730.940.66-0.360.070.5-0.811.0-0.80.870.790.660.720.850.740.991.0-0.8-0.830.77-0.310.97-0.620.82
0.980.880.730.930.450.240.5-0.780.5-0.810.770.850.610.830.820.940.590.46-0.81-0.770.93-0.290.62-0.840.53
-0.87-0.88-0.92-0.74-0.230.1-0.81-0.78-0.811.0-0.99-0.99-0.71-0.97-0.98-0.86-0.87-0.81.01.0-0.890.42-0.870.95-0.66
0.660.730.940.66-0.360.071.00.5-0.81-0.80.870.790.660.720.850.740.991.0-0.8-0.830.77-0.310.97-0.620.82
-0.89-0.9-0.92-0.76-0.250.1-0.8-0.811.0-0.8-0.99-0.99-0.73-0.98-0.99-0.87-0.86-0.791.01.0-0.90.39-0.860.96-0.65
0.870.880.960.770.13-0.060.870.77-0.990.87-0.990.980.710.950.990.880.920.86-0.99-0.990.91-0.390.92-0.920.72
0.920.910.920.80.29-0.070.790.85-0.990.79-0.990.980.730.980.990.90.850.77-0.99-0.990.93-0.350.86-0.960.65
0.680.780.680.540.13-0.350.660.61-0.710.66-0.730.710.730.80.730.630.690.68-0.73-0.730.650.250.59-0.570.39
0.890.910.850.730.37-0.20.720.83-0.970.72-0.980.950.980.80.950.850.790.71-0.98-0.970.88-0.260.77-0.950.54
0.910.920.960.820.17-0.010.850.82-0.980.85-0.990.990.990.730.950.920.910.84-0.99-0.990.95-0.370.92-0.920.74
0.990.920.90.980.170.310.740.94-0.860.74-0.870.880.90.630.850.920.810.7-0.87-0.851.0-0.370.83-0.830.74
0.740.80.980.72-0.250.070.990.59-0.870.99-0.860.920.850.690.790.910.810.99-0.86-0.880.84-0.340.98-0.70.85
0.630.710.930.62-0.370.021.00.46-0.81.0-0.790.860.770.680.710.840.70.99-0.79-0.820.74-0.290.95-0.60.8
-0.89-0.9-0.92-0.76-0.250.1-0.8-0.811.0-0.81.0-0.99-0.99-0.73-0.98-0.99-0.87-0.86-0.791.0-0.90.39-0.860.96-0.65
-0.86-0.89-0.93-0.73-0.220.13-0.83-0.771.0-0.831.0-0.99-0.99-0.73-0.97-0.99-0.85-0.88-0.821.0-0.890.37-0.880.94-0.67
0.980.920.920.960.170.260.770.93-0.890.77-0.90.910.930.650.880.951.00.840.74-0.9-0.89-0.380.86-0.860.76
-0.32-0.28-0.39-0.360.06-0.51-0.31-0.290.42-0.310.39-0.39-0.350.25-0.26-0.37-0.37-0.34-0.290.390.37-0.38-0.440.48-0.51
0.760.80.990.76-0.220.170.970.62-0.870.97-0.860.920.860.590.770.920.830.980.95-0.86-0.880.86-0.44-0.730.9
-0.87-0.84-0.8-0.73-0.470.08-0.62-0.840.95-0.620.96-0.92-0.96-0.57-0.95-0.92-0.83-0.7-0.60.960.94-0.860.48-0.73-0.54
0.650.720.870.73-0.320.440.820.53-0.660.82-0.650.720.650.390.540.740.740.850.8-0.65-0.670.76-0.510.9-0.54
Click cells to compare fundamentals

Magnolia Oil Account Relationship Matchups

Magnolia Oil fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B1.5B1.7B2.6B2.8B2.3B
Other Current Liab95.8M66.3M90.6M137.4M112.1M96.6M
Total Current Liabilities175.2M128.9M218.5M340.3M314.9M189.5M
Total Stockholder Equity1.8B548.2M816.8M1.6B1.7B1.3B
Net Debt207.2M198.6M21.1M(285.1M)8.4M8.0M
Retained Earnings82.9M(1.1B)(708.2M)185.7M486.2M510.5M
Cash182.6M192.6M367.0M675.4M401.1M269.1M
Non Current Assets Total3.2B1.2B1.2B1.7B2.2B1.9B
Non Currrent Assets Other56.4M13.0M11.9M26.0M7.1M6.7M
Cash And Short Term Investments182.6M192.6M367.0M675.4M401.1M269.1M
Common Stock Shares Outstanding167.0M166.3M175.4M187.9M188.4M164.9M
Liabilities And Stockholders Equity3.5B1.5B1.7B2.6B2.8B2.3B
Non Current Liabilities Total562.7M485.0M482.9M492.1M558.7M433.8M
Other Current Assets110.6M89.0M151.8M175.3M447K424.7K
Other Stockholder Equity1.7B1.7B1.5B1.4B1.2B1.3B
Total Liab737.9M614.0M701.5M832.4M873.5M623.4M
Net Invested Capital2.2B939.3M1.2B2.0B2.1B1.6B
Total Current Assets293.2M281.5M518.8M850.7M591.3M389.2M
Net Working Capital118.0M152.6M300.2M510.5M276.4M199.7M
Other Liab171.4M93.9M94.9M96.9M87.2M165.8M
Net Tangible Assets1.8B548.2M816.8M1.6B1.8B1.2B
Noncontrolling Interest In Consolidated Entity952.5M291.3M228.5M164.1M147.7M140.3M
Accounts Payable79.4M62.6M127.9M202.8M193.2M116.9M
Other Assets8.8M13.0M163.7M364.1M1.00.95
Long Term Debt389.8M391.1M388.1M390.4M392.8M367.9M
Net Receivables105.8M81.6M149.8M170.8M189.7M147.5M
Retained Earnings Total Equity82.9M(1.1B)(708.2M)185.7M167.1M175.5M
Long Term Debt Total389.8M391.1M388.1M390.4M448.9M357.1M
Capital Surpluse1.7B1.7B1.7B1.7B2.0B1.6B
Inventory(105.8M)(81.6M)(149.8M)(170.8M)(153.7M)(146.0M)
Deferred Long Term Liab8.4M6.0M3.7M5.6M6.5M6.3M
Non Current Liabilities Other1.5M93.9M94.9M101.7M17.4M16.5M
Cash And Equivalents182.6M192.6M367.0M675.4M776.8M815.6M
Short Term Debt2.6M1.8M4.0M4.0M9.6M10.1M
Property Plant Equipment3.1B1.1B1.2B1.5B1.4B1.6B
Short Long Term Debt Total389.8M391.1M388.1M390.4M409.5M432.2M

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When determining whether Magnolia Oil Gas offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magnolia Oil's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magnolia Oil Gas Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magnolia Oil Gas Stock:
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 Commodity Directory module to find actively traded commodities issued by global exchanges.

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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.