Magnolia Total Assets vs Common Stock Analysis
MGY Stock | USD 25.67 0.42 1.61% |
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 Total Assets and its Common Stock 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.
Total Assets vs Common Stock
Total Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magnolia Oil Gas Total Assets account and Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Magnolia Oil's Total Assets and Common Stock is -0.89. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock 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 Total Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Magnolia Oil Gas are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Assets i.e., Magnolia Oil's Total Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Magnolia Oil assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Magnolia Oil Gas books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Common Stock
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
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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 |
Magnolia Oil Investors Sentiment
The influence of Magnolia Oil's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Magnolia. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Magnolia Oil's public news can be used to forecast risks associated with an investment in Magnolia. The trend in average sentiment can be used to explain how an investor holding Magnolia can time the market purely based on public headlines and social activities around Magnolia Oil Gas. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Magnolia Oil's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Magnolia Oil's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Magnolia Oil's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Magnolia Oil.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Magnolia Oil in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Magnolia Oil's short interest history, or implied volatility extrapolated from Magnolia Oil options trading.
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Try AI Portfolio ArchitectCheck 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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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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.
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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.