Return On Asset ratio Analysis of Magnolia Oil & Gas Corp - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Very Good ROA
18.92
Period Ending - Dec-22
Excellent ROA
40.82
Growth
-53.64 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Good ROA
14.11
Most recent Quarter ROA
Period Ending - Mar-24
Good ROA
3.03
ROA Analysis of Magnolia Oil & Gas Corp
| ROA Ratio of MGY drastically fell by -53.64 % this year. |
| ROA Ratio with value of 40.82 was highest in Year Dec-22 in last Five Years. |
| ROA Ratio with value of -83.14 was lowest in Year Dec-20 in last Five Years. |
| Latest ROA Ratio with value of 18.92 is Greater than Average ROA of 0.389 in last five years. |
Other ROA 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 Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..
ROA Related Ratios
| ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
| No Significant Profitability | |
FY - Historical Return On Asset of Magnolia Oil & Gas Corp
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROA | 18.92 | 40.82 | 23.89 | -83.14 | 1.45 | 7.50 | 27.35 |
| Change | -53.64 % | 70.89 % | 128.73 % | -5841.51 % | -80.70 % | -72.57 % | 730.50 % |
FY Chart of Return On Asset of Magnolia Oil & Gas Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)