Magnolia Oil & Gas (MGY)

Total assets on the balance sheet as of September 2024 : HK$21.85 Billion

According to Magnolia Oil & Gas's latest financial reports the company's total assets are HK$21.85 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	HK$21.52 B	7.09%
2022-12-31	HK$20.10 B	47.58%
2021-12-31	HK$13.62 B	20.89%
2020-12-31	HK$11.26 B	-58.26%
2019-12-31	HK$26.99 B	0.41%
2018-12-31	HK$26.88 B	103.76%
2017-12-31	HK$13.19 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