Magnolia Oil & Gas (MGY)

Total assets on the balance sheet as of September 2024 : C$3.92 Billion

According to Magnolia Oil & Gas's latest financial reports the company's total assets are C$3.92 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	C$3.65 B	4.72%
2022-12-31	C$3.49 B	56.81%
2021-12-31	C$2.22 B	20.12%
2020-12-31	C$1.85 B	-59.07%
2019-12-31	C$4.52 B	-3.2%
2018-12-31	C$4.67 B	120.26%
2017-12-31	C$2.12 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