Magnolia Depreciation vs Capital Expenditures Analysis

MGY Stock

USD 23.85 0.12 0.50%

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 Depreciation and its Capital Expenditures 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 closely tied with the direction of predictive economic indicators such as signals in price.

Depreciation vs Capital Expenditures

Depreciation vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magnolia Oil Gas Depreciation account and Capital Expenditures. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Magnolia Oil's Depreciation and Capital Expenditures is 0.9. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Capital Expenditures 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 Depreciation and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Magnolia Oil Gas are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Depreciation i.e., Magnolia Oil's Depreciation and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Depreciation

Depreciation indicates how much of Magnolia Oil Gas value has been used up. For tax purposes Magnolia Oil can deduct the cost of the tangible assets it purchases as business expenses. However, Magnolia Oil Gas must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Capital Expenditures

Capital Expenditures are funds used by Magnolia Oil Gas to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Magnolia Oil operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

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 closely tied 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 0.08 in 2025, whereas Selling General Administrative is likely to drop slightly above 66.3 M in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	23.4M	33K	38.0K	36.1K
Depreciation And Amortization	246.4M	328.8M	378.2M	289.4M

Interest Expense Depreciation And Amortization

Magnolia Oil fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Net Working Capital	Common Stock	Other Liab	Net Tangible Assets	Warrants	Accounts Payable	Other Assets	Net Receivables
Total Assets		0.94	0.87	0.96	0.28	0.32	0.71	0.98	-0.88	0.71	-0.89	0.88	0.93	0.56	0.89	0.92	0.98	0.78	0.67	-0.89	-0.87	0.99	-0.31	0.8	-0.88	0.7
Other Current Liab	0.94		0.9	0.87	0.2	0.21	0.77	0.89	-0.9	0.77	-0.91	0.9	0.92	0.66	0.91	0.93	0.93	0.83	0.75	-0.91	-0.9	0.94	-0.29	0.82	-0.86	0.74
Total Current Liabilities	0.87	0.9		0.86	-0.09	0.27	0.95	0.76	-0.91	0.95	-0.9	0.97	0.93	0.52	0.84	0.97	0.92	0.98	0.93	-0.9	-0.92	0.93	-0.34	0.99	-0.82	0.89
Total Stockholder Equity	0.96	0.87	0.86		0.09	0.55	0.71	0.93	-0.76	0.71	-0.77	0.81	0.83	0.39	0.73	0.86	0.98	0.77	0.67	-0.77	-0.75	0.96	-0.34	0.82	-0.75	0.8
Net Debt	0.28	0.2	-0.09	0.09		-0.33	-0.35	0.42	-0.21	-0.35	-0.23	0.1	0.25	0.13	0.36	0.13	0.13	-0.24	-0.37	-0.23	-0.2	0.15	0.05	-0.21	-0.44	-0.28
Retained Earnings	0.32	0.21	0.27	0.55	-0.33		0.19	0.33	-0.02	0.19	-0.02	0.11	0.08	-0.38	-0.09	0.15	0.42	0.21	0.14	-0.02	0.01	0.35	-0.49	0.32	-0.05	0.54
Cash	0.71	0.77	0.95	0.71	-0.35	0.19		0.56	-0.83	1.0	-0.82	0.89	0.82	0.55	0.73	0.87	0.78	0.99	1.0	-0.82	-0.84	0.8	-0.29	0.96	-0.66	0.83
Non Current Assets Total	0.98	0.89	0.76	0.93	0.42	0.33	0.56		-0.8	0.56	-0.82	0.79	0.86	0.52	0.84	0.84	0.94	0.64	0.52	-0.82	-0.79	0.94	-0.28	0.67	-0.85	0.59
Non Currrent Assets Other	-0.88	-0.9	-0.91	-0.76	-0.21	-0.02	-0.83	-0.8		-0.83	1.0	-0.98	-0.98	-0.63	-0.97	-0.97	-0.86	-0.88	-0.82	1.0	1.0	-0.9	0.38	-0.86	0.96	-0.67
Cash And Short Term Investments	0.71	0.77	0.95	0.71	-0.35	0.19	1.0	0.56	-0.83		-0.82	0.89	0.82	0.55	0.73	0.87	0.78	0.99	1.0	-0.82	-0.84	0.8	-0.29	0.96	-0.66	0.83
Common Stock Total Equity	-0.89	-0.91	-0.9	-0.77	-0.23	-0.02	-0.82	-0.82	1.0	-0.82		-0.97	-0.99	-0.65	-0.98	-0.97	-0.87	-0.87	-0.81	1.0	1.0	-0.91	0.36	-0.85	0.96	-0.65
Common Stock Shares Outstanding	0.88	0.9	0.97	0.81	0.1	0.11	0.89	0.79	-0.98	0.89	-0.97		0.98	0.56	0.93	0.99	0.9	0.93	0.87	-0.97	-0.98	0.92	-0.37	0.94	-0.92	0.78
Non Current Liabilities Total	0.93	0.92	0.93	0.83	0.25	0.08	0.82	0.86	-0.98	0.82	-0.99	0.98		0.6	0.97	0.99	0.92	0.88	0.8	-0.99	-0.99	0.94	-0.32	0.88	-0.96	0.71
Other Current Assets	0.56	0.66	0.52	0.39	0.13	-0.38	0.55	0.52	-0.63	0.55	-0.65	0.56	0.6		0.73	0.58	0.48	0.56	0.58	-0.65	-0.65	0.55	0.23	0.42	-0.48	0.2
Other Stockholder Equity	0.89	0.91	0.84	0.73	0.36	-0.09	0.73	0.84	-0.97	0.73	-0.98	0.93	0.97	0.73		0.94	0.84	0.79	0.73	-0.98	-0.97	0.88	-0.26	0.76	-0.95	0.55
Total Liab	0.92	0.93	0.97	0.86	0.13	0.15	0.87	0.84	-0.97	0.87	-0.97	0.99	0.99	0.58	0.94		0.93	0.93	0.86	-0.97	-0.98	0.95	-0.33	0.93	-0.93	0.78
Net Invested Capital	0.98	0.93	0.92	0.98	0.13	0.42	0.78	0.94	-0.86	0.78	-0.87	0.9	0.92	0.48	0.84	0.93		0.84	0.74	-0.87	-0.86	0.99	-0.34	0.87	-0.85	0.8
Total Current Assets	0.78	0.83	0.98	0.77	-0.24	0.21	0.99	0.64	-0.88	0.99	-0.87	0.93	0.88	0.56	0.79	0.93	0.84		0.98	-0.87	-0.89	0.86	-0.31	0.98	-0.74	0.86
Net Working Capital	0.67	0.75	0.93	0.67	-0.37	0.14	1.0	0.52	-0.82	1.0	-0.81	0.87	0.8	0.58	0.73	0.86	0.74	0.98		-0.81	-0.84	0.77	-0.27	0.94	-0.64	0.8
Common Stock	-0.89	-0.91	-0.9	-0.77	-0.23	-0.02	-0.82	-0.82	1.0	-0.82	1.0	-0.97	-0.99	-0.65	-0.98	-0.97	-0.87	-0.87	-0.81		1.0	-0.91	0.36	-0.85	0.96	-0.65
Other Liab	-0.87	-0.9	-0.92	-0.75	-0.2	0.01	-0.84	-0.79	1.0	-0.84	1.0	-0.98	-0.99	-0.65	-0.97	-0.98	-0.86	-0.89	-0.84	1.0		-0.9	0.33	-0.87	0.95	-0.68
Net Tangible Assets	0.99	0.94	0.93	0.96	0.15	0.35	0.8	0.94	-0.9	0.8	-0.91	0.92	0.94	0.55	0.88	0.95	0.99	0.86	0.77	-0.91	-0.9		-0.33	0.87	-0.88	0.77
Warrants	-0.31	-0.29	-0.34	-0.34	0.05	-0.49	-0.29	-0.28	0.38	-0.29	0.36	-0.37	-0.32	0.23	-0.26	-0.33	-0.34	-0.31	-0.27	0.36	0.33	-0.33		-0.38	0.42	-0.42
Accounts Payable	0.8	0.82	0.99	0.82	-0.21	0.32	0.96	0.67	-0.86	0.96	-0.85	0.94	0.88	0.42	0.76	0.93	0.87	0.98	0.94	-0.85	-0.87	0.87	-0.38		-0.76	0.92
Other Assets	-0.88	-0.86	-0.82	-0.75	-0.44	-0.05	-0.66	-0.85	0.96	-0.66	0.96	-0.92	-0.96	-0.48	-0.95	-0.93	-0.85	-0.74	-0.64	0.96	0.95	-0.88	0.42	-0.76		-0.59
Net Receivables	0.7	0.74	0.89	0.8	-0.28	0.54	0.83	0.59	-0.67	0.83	-0.65	0.78	0.71	0.2	0.55	0.78	0.8	0.86	0.8	-0.65	-0.68	0.77	-0.42	0.92	-0.59

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Magnolia Oil Account Relationship Matchups

Magnolia Oil fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.5B	1.7B	2.6B	2.8B	3.2B	2.3B
Other Current Liab	66.3M	90.6M	137.4M	121.7M	139.9M	98.0M
Total Current Liabilities	128.9M	218.5M	340.3M	314.9M	362.1M	189.5M
Total Stockholder Equity	548.2M	816.8M	1.6B	1.7B	1.9B	1.3B
Net Debt	198.6M	21.1M	(285.1M)	8.4M	7.6M	7.2M
Retained Earnings	(1.1B)	(708.2M)	185.7M	486.2M	559.1M	587.0M
Cash	192.6M	367.0M	675.4M	401.1M	461.3M	269.1M
Non Current Assets Total	1.2B	1.2B	1.7B	2.2B	2.5B	1.9B
Non Currrent Assets Other	13.0M	11.9M	26.0M	7.1M	6.4M	6.0M
Cash And Short Term Investments	192.6M	367.0M	675.4M	401.1M	461.3M	269.1M
Common Stock Shares Outstanding	166.3M	175.4M	187.9M	188.4M	216.6M	164.9M
Liabilities And Stockholders Equity	1.5B	1.7B	2.6B	2.8B	3.2B	2.3B
Non Current Liabilities Total	485.0M	482.9M	492.1M	558.7M	642.5M	433.8M
Other Current Assets	89.0M	151.8M	175.3M	447K	514.1K	488.3K
Other Stockholder Equity	1.7B	1.5B	1.4B	1.2B	1.4B	1.3B
Total Liab	614.0M	701.5M	832.4M	873.5M	1.0B	623.4M
Net Invested Capital	939.3M	1.2B	2.0B	2.1B	2.4B	1.6B
Total Current Assets	281.5M	518.8M	850.7M	591.3M	680.0M	389.2M
Net Working Capital	152.6M	300.2M	510.5M	276.4M	317.8M	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	62.6M	127.9M	202.8M	193.2M	222.2M	116.9M
Other Assets	13.0M	163.7M	364.1M	1.0	0.9	0.86
Long Term Debt	391.1M	388.1M	390.4M	392.8M	451.8M	367.9M
Net Receivables	81.6M	149.8M	170.8M	189.7M	218.2M	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	93.9M	94.9M	101.7M	17.4M	20.0M	19.0M
Cash And Equivalents	182.6M	192.6M	367.0M	675.4M	776.8M	815.6M
Short Term Debt	1.8M	4.0M	4.0M	9.6M	11.0M	11.6M
Property Plant Equipment	3.1B	1.1B	1.2B	1.5B	1.4B	1.6B
Short Long Term Debt Total	392.9M	392.1M	394.4M	409.5M	471.0M	434.5M

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Magnolia Depreciation vs Capital Expenditures Analysis

Depreciation vs Capital Expenditures

Depreciation vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Depreciation

Capital Expenditures

Magnolia Oil fundamental ratios Correlations

Magnolia Oil Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Magnolia Oil fundamental ratios Accounts

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Additional Tools for Magnolia Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Net Working Capital	+ 1.0	Cash
Common Stock Total Equity	+ 1.0	Non Currrent Assets Other
Common Stock	+ 1.0	Non Currrent Assets Other
Other Liab	+ 1.0	Non Currrent Assets Other
Net Working Capital	+ 1.0	Cash And Short Term Investments

Other Liab	- 0.99	Non Current Liabilities Total
Common Stock	- 0.99	Non Current Liabilities Total
Non Current Liabilities Total	- 0.99	Common Stock Total Equity
Other Liab	- 0.98	Total Liab
Common Stock	- 0.98	Other Stockholder Equity
Other Liab	- 0.98	Common Stock Shares Outstanding