Magnolia Return On Assets from 2010 to 2024
| MGY Stock | USD 27.68 0.27 0.97% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter 0.14088192 | Current Value 0.15 | Quarterly Volatility 0.37823722 |
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 17.8 M, Depreciation And Amortization of 289.4 M or Interest Expense of 31.4 K, as well as many indicators such as Price To Sales Ratio of 3.47, Dividend Yield of 0.0116 or PTB Ratio of 1.66. Magnolia financial statements analysis is a perfect complement when working with Magnolia Oil Valuation or Volatility modules.
Magnolia | Return On Assets |
Latest Magnolia Oil's Return On Assets Growth Pattern
Below is the plot of the Return On Assets of Magnolia Oil Gas over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Magnolia Oil's Return On Assets 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.
| Return On Assets | 10 Years Trend |
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Return On Assets |
| Timeline |
Magnolia Return On Assets Regression Statistics
| Arithmetic Mean | 0.02 | |
| Coefficient Of Variation | 2,052 | |
| Mean Deviation | 0.17 | |
| Median | 0.03 | |
| Standard Deviation | 0.38 | |
| Sample Variance | 0.14 | |
| Range | 1.6334 | |
| R-Value | 0.01 | |
| Mean Square Error | 0.15 | |
| R-Squared | 0.0001 | |
| Significance | 0.97 | |
| Slope | 0.0009 | |
| Total Sum of Squares | 2.00 |
Magnolia Return On Assets History
About Magnolia Oil Financial Statements
Magnolia Oil investors use historical fundamental indicators, such as Magnolia Oil's Return On Assets, 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 Reported | Projected for Next Year | ||
| Return On Assets | 0.14 | 0.15 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.