Magnolia Oil & Gas Corporation company logo
Magnolia Oil & Gas Corporation logo

Magnolia Oil & Gas Corporation (MGY) Quick Ratio

Annual Quick Ratio

1.420.46-24.47%

Summary

Current Value
As of today, MGY annual quick ratio is 1.42, down -24.47% on
Historical Performance
MGY annual quick ratio is down -40.08% over the past 3 years, and down -14.97% over the past 5 years
All-Time High Comparison
MGY annual quick ratio is currently -43.20% below its historical high of 2.50 set on
3-Year Low Comparison
MGY annual quick ratio is at its 3-year low
Sector Comparison
MGY annual quick ratio is higher than 62.14% of companies in Energy sector

Quick Ratio Chart

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Series
SUGGESTED SERIES

Performance

MGY Performance
MetricDateValue1Y3Y5Y15Y
Annual Quick Ratio1.42-24.5%-40.1%-15.0%
Quarterly Quick Ratio1.470.0%-44.1%-15.0%
Price$24.10-7.0%+0.2%+164.5%
Annual Current Assets$410.82M-30.5%-20.8%+40.1%
Annual Inventory$0.000.0%0.0%0.0%
Annual Current Liabilities$290.26M-7.8%+32.8%+65.7%
Annual Current Ratio1.42-24.5%-40.1%-15.0%
Annual Debt To Equity0.21-12.5%-57.1%-4.5%
Piotroski F-Score6+50.0%-14.3%-14.3%
Altman Z-Score4.59-7.1%-19.5%+1340.5%

Quick Ratio Highs

MGY Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y2.50N/A-43.2%
5Y2.50-43.2%
All2.50-43.2%

Quick Ratio Lows

MGY Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y1.42at low
5Y1.42at low
All1.41+0.7%

Quick Ratio History

YearValueChange
1.42-24.5%
1.88-24.8%
2.50+5.5%
2.37+8.7%
YearValueChange
2.18+30.5%
1.67+12.8%
1.48+5.0%
1.41-

FAQ

  • What is the current annual quick ratio of MGY?

    As of today, MGY annual quick ratio is 1.42

  • What is 1-year change in MGY annual quick ratio?

    MGY annual quick ratio is down -24.47% year-over-year

  • What is 3-year change in MGY annual quick ratio?

    MGY annual quick ratio is down -40.08% over the past 3 years

  • How far is MGY annual quick ratio from its all-time high?

    MGY annual quick ratio is currently -43.20% below its historical high of 2.50 set on December 31, 2022

  • How does MGY annual quick ratio rank versus sector peers?

    MGY annual quick ratio is higher than 62.14% of companies in Energy sector

  • When is MGY next annual earnings release?

    The next annual earnings release for MGY is on

Quick Ratio Formula

Quick Ratio =  
-

Data Sources & References

  1. MGY Official Website www.magnoliaoilgas.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1698990/000169899025000030/0001698990-25-000030-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1698990/000169899025000006/0001698990-25-000006-index.htm
  4. MGY Profile on Yahoo Finance finance.yahoo.com/quote/MGY
  5. MGY Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/mgy