Magnolia Oil & Gas Corp Working Capital to Net Assets Ratio
Magnolia Oil & Gas Corp working capital to net assets ratio. Magnolia Oil & Gas Corp (MGY) has a Working Capital to Net Assets ratio of 7.5% as of September 2025. Working capital of $150.56 Million (current assets of $469.49 Million minus current liabilities of $318.93 Million) is measured against net assets of $2.01 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Magnolia Oil & Gas Corp (2016–2024)
Working capital to net assets ratio of Magnolia Oil & Gas Corp from 2016 to 2024. This chart shows how Magnolia Oil & Gas Corp's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 7.5%, reflecting working capital of $150.56 Million against net assets of $2.01 Billion USD. Explore MGY long-term investments to assets to see how much of total assets are deployed in long-term investments.
Magnolia Oil & Gas Corp Working Capital to Net Assets Ratio by Year (2016–2024)
Magnolia Oil & Gas Corp working capital to net assets ratio by year from 2016 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Magnolia Oil & Gas Corp from 2016 to 2024, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Magnolia Oil & Gas Corp (MGY) total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 6.1% | $120.56 Million | $1.97 Billion | $410.82 Million | $290.26 Million | ▼ -8.6 pp |
| 2023 | 14.7% | $276.39 Million | $1.88 Billion | $591.27 Million | $314.89 Million | ▼ -14.7 pp |
| 2022 | 29.3% | $510.47 Million | $1.74 Billion | $850.75 Million | $340.27 Million | ▲ +0.6 pp |
| 2021 | 28.7% | $300.25 Million | $1.05 Billion | $518.79 Million | $218.54 Million | ▲ +10.5 pp |
| 2020 | 18.2% | $152.58 Million | $839.42 Million | $281.53 Million | $128.95 Million | ▲ +13.9 pp |
| 2019 | 4.3% | $118.01 Million | $2.73 Billion | $293.22 Million | $175.21 Million | ▲ +0.8 pp |
| 2018 | 3.5% | $95.00 Million | $2.71 Billion | $292.36 Million | $197.36 Million | ▲ +1.4 pp |
| 2017 | 2.1% | $33.24 Million | $1.60 Billion | $114.54 Million | $81.30 Million | ▲ +2.0 pp |
| 2016 | 0.1% | $535.52K | $627.79 Million | $1.90 Million | $1.37 Million | — |