Magnolia Oil & Gas Corp (MGY)
26.16
-0.12
(-0.46%)
USD |
NYSE |
Apr 26, 11:10
Magnolia Oil & Gas Debt to Equity Ratio: 0.2322 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.2322 |
| September 30, 2023 | 0.2357 |
| June 30, 2023 | 0.2396 |
| March 31, 2023 | 0.2445 |
| December 31, 2022 | 0.2477 |
| September 30, 2022 | 0.3067 |
| June 30, 2022 | 0.3544 |
| March 31, 2022 | 0.433 |
| December 31, 2021 | 0.4752 |
| September 30, 2021 | 0.5579 |
| June 30, 2021 | 0.6206 |
| March 31, 2021 | 0.6419 |
| December 31, 2020 | 0.7135 |
| Date | Value |
|---|---|
| September 30, 2020 | 0.7337 |
| June 30, 2020 | 0.7409 |
| March 31, 2020 | 0.7182 |
| December 31, 2019 | 0.2195 |
| September 30, 2019 | 0.2201 |
| June 30, 2019 | 0.2237 |
| March 31, 2019 | 0.2308 |
| December 31, 2018 | 0.2318 |
| June 30, 2018 | 0.0016 |
| March 31, 2018 | 0.00 |
| December 31, 2017 | 0.00 |
| September 30, 2017 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.2195
Minimum
Dec 2019
0.7409
Maximum
Jun 2020
0.4294
Average
0.3544
Median
Jun 2022
Debt to Equity Ratio Benchmarks
| Hess Corp | 0.9585 |
| Patterson-UTI Energy Inc | 0.2571 |
| Seadrill Ltd | 0.2038 |
| Camber Energy Inc | 3.058 |
| Battalion Oil Corp | 1.091 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.756B |
| Total Liabilities (Quarterly) | 873.55M |
| Shareholders Equity (Quarterly) | 1.692B |
| Current Ratio | 1.878 |
| Net Debt Paydown Yield | -0.02% |