Magnolia Oil & Gas (MGY)

Total assets on the balance sheet as of September 2024 : NZ$4.97 Billion

According to Magnolia Oil & Gas's latest financial reports the company's total assets are NZ$4.97 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	NZ$4.35 B	7.56%
2022-12-31	NZ$4.05 B	58.45%
2021-12-31	NZ$2.55 B	26.96%
2020-12-31	NZ$2.01 B	-60.86%
2019-12-31	NZ$5.14 B	0.55%
2018-12-31	NZ$5.11 B	115.24%
2017-12-31	NZ$2.37 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