Magnolia Current Ratio from 2010 to 2025

MGY Stock  USD 25.12  0.21  0.83%   
Magnolia Oil Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 1.38 in 2025. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.41536066
Current Value
1.38
Quarterly Volatility
0.47064112
 
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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 100.6 M, Depreciation And Amortization of 307.9 M or Interest Expense of 15.1 M, as well as many indicators such as Price To Sales Ratio of 3.49, Dividend Yield of 0.0131 or PTB Ratio of 1.67. 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 Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Magnolia Oil Gas over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Magnolia Oil's Current Ratio 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.
ViewLast Reported 2.25 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Magnolia Current Ratio Regression Statistics

Arithmetic Mean1.57
Geometric Mean1.50
Coefficient Of Variation29.91
Mean Deviation0.34
Median1.39
Standard Deviation0.47
Sample Variance0.22
Range1.9496
R-Value0.42
Mean Square Error0.20
R-Squared0.17
Significance0.11
Slope0.04
Total Sum of Squares3.32

Magnolia Current Ratio History

2025 1.38
2024 1.42
2023 1.88
2022 2.5
2021 2.37
2020 2.18
2019 1.67

About Magnolia Oil Financial Statements

Magnolia Oil investors use historical fundamental indicators, such as Magnolia Oil's Current Ratio, 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
Current Ratio 1.42  1.38 

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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.