Quick Ratio Analysis of Magnolia Oil & Gas Corp - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Poor Quick Ratio
0
Period Ending - Dec-22
Good Quick Ratio
2.49
Growth
0 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.71
Quick Ratio Analysis of Magnolia Oil & Gas Corp
| Quick Ratio of Magnolia Oil & Gas Corp with value of 0 indicates company has highly illiquid balance sheet ro pay its obligations. |
| Quick Ratio of Magnolia Oil & Gas Corp with value of 1.71 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of MGY has fallen by 0 % Compared to previous Financial Year. |
| Quick Ratio with value of 3.06 was highest in Year Dec-21 in last Five Years. |
| Quick Ratio with value of 0 was lowest in Year Dec-23 in last Five Years. |
| Latest Quick Ratio with value of 0 is lower than Average Quick Ratio of 2.13 in last five years. |
Other Quick Ratio Related Info of MGY that may interest you.
Magnolia Oil & Gas Corp Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| MGY | 25.95 | 25.46 | 1.92 % | Oil & Gas E&P |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..
Quick Ratio Related Ratios
| CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
| Excellent Stability | |
FY - Historical Quick Ratio of Magnolia Oil & Gas Corp
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0 | 2.49 | 3.06 | 2.82 | 2.28 | 1.42 | 0 |
| Change | 0 % | -18.71 % | 8.65 % | 23.65 % | 60.46 % |
FY Chart of Quick Ratio of Magnolia Oil & Gas Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)