Debt to EBITDA ratio Analysis of Magnolia Oil & Gas Corp - Deep Dive
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PivotPointDebt to EBITDA of MGY
Dec-230.494Excellent Debt to EBITDA | Dec-220.284Excellent Debt to EBITDA | Growth74.09% |
Debt to EBITDA Analysis of Magnolia Oil & Gas Corp
| Debt to EBITDA Ratio 0.494 of Magnolia Oil & Gas Corp shows that the company is financially strong and has enough profit to pay off its debt. |
| Debt to EBITDA Ratio of MGY rose handsomely by 74.09 % this year. |
| Debt to EBITDA Ratio with value of 0.621 was highest in Year Dec-19 in last Five Years. |
| Debt to EBITDA Ratio with value of -0.409 was lowest in Year Dec-20 in last Five Years. |
| Latest Debt to EBITDA Ratio with value of 0.494 is Greater than Average Debt to EBITDA of 0.318 in last five years. |
Other Debt to EBITDA Related Info of MGY that may interest you.
Magnolia Oil & Gas Corp Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| MGY | 24.17 | 23.84 | 1.38 % | Oil & Gas E&P |
Defination of Debt to EBITDA
The Debt to EBITDA Ratio is a solvency metric that measures the company's ability to meet its debt obligations by earnings before covering its interest, taxes, depreciation, and amortization. more ..
Debt to EBITDA Related Ratios
| CashFlowFromOperationToDebt | DebtToCapital | EVToEBITDA |
Tsr Stability Index
| Excellent Stability | |
FY - Historical Debt to EBITDA of Magnolia Oil & Gas Corp
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Debt to EBITDA | 0.494 | 0.284 | 0.599 | -0.409 | 0.621 | 0.690 | 0 |
| Change | 74.09 % | -52.64 % | 246.63 % | -165.78 % | -9.88 % |
FY Chart of Debt to EBITDA of Magnolia Oil & Gas Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)