Magnolia Oil & Gas Corp (MGY) — Defensive Interval Ratio

Latest as of September 2025: 536 days

Magnolia Oil & Gas Corp (MGY) has a Defensive Interval Ratio of 536 days as of September 2025. Defensive assets of $467.96 Million (cash $280.49 Million, short-term investments $-, receivables $187.47 Million) cover 536 days of daily cash needs of $873.78K/day. Check Magnolia Oil & Gas Corp tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

536 days
Days of operational coverage

Defensive Assets

$467.96 Million
Cash + ST Investments + Receivables

Daily Cash Need

$873.78K
Current Liabilities ÷ 365

Current Liabilities

$318.93 Million
USD

Magnolia Oil & Gas Corp Defensive Interval Ratio (2017–2024)

This chart shows how Magnolia Oil & Gas Corp's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 536 days, meaning defensive assets of $467.96 Million can fund 536 days of operations without new revenue. Also explore MGY year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Magnolia Oil & Gas Corp (2017–2024)

The table below presents the year-by-year Defensive Interval Ratio for Magnolia Oil & Gas Corp from 2017 to 2024, covering 8 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see MGY market cap.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 513 days $407.95 Million $795.24K/day $260.05 Million $- ▼ -172 days
2023 685 days $590.83 Million $862.70K/day $401.12 Million $- ▼ -223 days
2022 908 days $846.21 Million $932.25K/day $675.44 Million $- ▲ +45 days
2021 863 days $516.75 Million $598.75K/day $366.98 Million $- ▲ +87 days
2020 776 days $274.12 Million $353.28K/day $192.56 Million $- ▲ +175 days
2019 601 days $288.41 Million $480.02K/day $182.63 Million $- ▲ +90 days
2018 511 days $276.04 Million $540.72K/day $135.76 Million $- ▼ -2 days
2017 513 days $114.20 Million $222.74K/day $0.00 $0.00
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)