Magnolia Oil & Gas (MGY)

Total assets on the balance sheet as of September 2024 : A$4.44 Billion

According to Magnolia Oil & Gas's latest financial reports the company's total assets are A$4.44 Billion. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

Magnolia Oil & Gas - Total assets on balance sheet (from 2017 to 2024)

Total assets by year

Year	Total assets	Change
2023-12-31	A$4.04 B	7.01%
2022-12-31	A$3.78 B	56.9%
2021-12-31	A$2.40 B	27.47%
2020-12-31	A$1.89 B	-61.82%
2019-12-31	A$4.95 B	1.58%
2018-12-31	A$4.87 B	125.29%
2017-12-31	A$2.16 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Magnolia Oil & Gas (MGY) - Total assets