Magnolia Oil & Gas Corp (MGY) — Net Asset Quality Index
Magnolia Oil & Gas Corp (MGY) has a Net Asset Quality Index of 68.6% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $2.92 Billion minus total liabilities of $917.17 Million yields net assets of $2.01 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See defensive interval ratio of Magnolia Oil & Gas Corp to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Magnolia Oil & Gas Corp Net Asset Quality Index Over Time (2016–2024)
This chart shows how Magnolia Oil & Gas Corp's Net Asset Quality Index has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the index stands at 68.6%, representing net assets of $2.01 Billion against total assets of $2.92 Billion USD. Explore MGY cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Magnolia Oil & Gas Corp (2016–2024)
The table below presents the year-by-year Net Asset Quality Index for Magnolia Oil & Gas Corp from 2016 to 2024, covering 9 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see MGY market cap overview.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 69.7% | $1.97 Billion | $2.82 Billion | $853.51 Million | ▲ +1.4 pp |
| 2023 | 68.3% | $1.88 Billion | $2.76 Billion | $873.55 Million | ▲ +0.7 pp |
| 2022 | 67.6% | $1.74 Billion | $2.57 Billion | $832.39 Million | ▲ +7.8 pp |
| 2021 | 59.8% | $1.05 Billion | $1.75 Billion | $701.49 Million | ▲ +2.1 pp |
| 2020 | 57.8% | $839.42 Million | $1.45 Billion | $614.00 Million | ▼ -21.0 pp |
| 2019 | 78.7% | $2.73 Billion | $3.47 Billion | $737.88 Million | ▼ -0.2 pp |
| 2018 | 78.9% | $2.71 Billion | $3.43 Billion | $725.57 Million | ▼ -15.7 pp |
| 2017 | 94.6% | $1.60 Billion | $1.69 Billion | $91.14 Million | ▼ -1.7 pp |
| 2016 | 96.3% | $627.79 Million | $651.90 Million | $24.12 Million | — |