Magnolia Oil & Gas (MGY)

Total assets on the balance sheet as of September 2024 : £2.22 Billion

According to Magnolia Oil & Gas's latest financial reports the company's total assets are £2.22 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	£2.16 B	1.74%
2022-12-31	£2.12 B	64.33%
2021-12-31	£1.29 B	21.36%
2020-12-31	£1.06 B	-59.66%
2019-12-31	£2.64 B	-2.27%
2018-12-31	£2.70 B	116.45%
2017-12-31	£1.24 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