Magellan Historical Balance Sheet
Trend analysis of Magellan Energy balance sheet accounts such as Total Current Liabilities of 22.5 M provides information on Magellan Energy's total assets, liabilities, and equity, which is the actual value of Magellan Energy to its prevalent stockholders. By breaking down trends over time using Magellan Energy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Magellan Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Magellan Energy is a good buy for the upcoming year.
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About Magellan Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Magellan Energy at a specified time, usually calculated after every quarter, six months, or one year. Magellan Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Magellan Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Magellan currently owns. An asset can also be divided into two categories, current and non-current.
Magellan Energy Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Magellan Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Magellan Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Magellan Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Magellan Energy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Magellan Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Magellan Energy current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Magellan Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Magellan Stock please use our How to Invest in Magellan Energy guide.At this time, Magellan Energy's Other Assets are most likely to increase significantly in the upcoming years. The Magellan Energy's current Good Will is estimated to increase to about 8.5 M, while Other Current Liabilities is projected to decrease to roughly 267.1 K.
| 2010 | 2011 | 2023 | 2024 (projected) | Other Current Liabilities | 168.4K | 254.8K | 293.0K | 267.1K | Total Assets | 2.5M | 31.9M | 36.7M | 20.1M |
Magellan Energy balance sheet Correlations
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Magellan Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether Magellan Energy is a strong investment it is important to analyze Magellan Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Magellan Energy's future performance. For an informed investment choice regarding Magellan Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magellan Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Magellan Stock please use our How to Invest in Magellan Energy guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magellan Energy. If investors know Magellan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magellan Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Revenue Growth (0.32) | Return On Assets (0.05) | Return On Equity (0.99) |
The market value of Magellan Energy is measured differently than its book value, which is the value of Magellan that is recorded on the company's balance sheet. Investors also form their own opinion of Magellan Energy's value that differs from its market value or its book value, called intrinsic value, which is Magellan Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magellan Energy's market value can be influenced by many factors that don't directly affect Magellan Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magellan Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magellan Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magellan Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.