Magnolia Oil & Gas (MGY)

Net assets on the balance sheet as of June 2024 : ₹160.93 B

According to Magnolia Oil & Gas's latest financial reports the company has ₹160.93 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magnolia Oil & Gas - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹156.72 B	8.84%
2022-12-31	$₹144.00 B	84.87%
2021-12-31	$₹77.89 B	27.1%
2020-12-31	$₹61.28 B	-68.44%
2019-12-31	$₹194.21 B	3.11%
2018-12-31	$₹188.36 B	84.63%
2017-12-31	$₹102.02 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) - Net assets