Magnolia Oil & Gas Current Ratio Growth & History (MGY)

Magnolia Oil & Gas's current ratio was 1.54 for fiscal 2025.

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Magnolia Oil & Gas annual current ratio history

Magnolia Oil & Gas annual current ratio

Fiscal yearPeriod endedCurrent ratioChangeGrowth
20252025-12-311.540.12+8.53%
20242024-12-311.42−0.46−24.62%
20232023-12-311.88−0.62−24.90%
20222022-12-312.500.13+5.50%
20212021-12-312.370.19+8.55%
20202020-12-312.180.51+30.46%
20192019-12-311.670.19+12.97%
20182018-12-311.480.93+169.04%
20172017-12-310.55

Magnolia Oil & Gas current ratio trends

Over the last five fiscal years, Magnolia Oil & Gas's current ratio decreased from 2.18 to 1.54, a change of −0.65. The latest reported quarter, Q2 2026, shows 1.58.

About the metric

What the current ratio means

The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.

Calculation and source

How the current ratio is calculated

TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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