Magnolia Oil & Gas (MGY)

Net assets on the balance sheet as of September 2024 : ₹169.63 Billion

According to Magnolia Oil & Gas's latest financial reports the company has ₹169.63 Billion 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	85.09%
2021-12-31	$₹77.79 B	26.73%
2020-12-31	$₹61.39 B	-68.45%
2019-12-31	$₹194.57 B	2.76%
2018-12-31	$₹189.34 B	85.59%
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