Can Magnolia Oil & Gas Corporation cover its short-term obligations?

Its current ratio is 1.10 — current assets exceed current liabilities.

Where does Magnolia Oil & Gas Corporation's balance sheet data come from?

Every line is extracted from Magnolia Oil & Gas Corporation's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Magnolia Oil & Gas Corporation MGY Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Cash and cash equivalents	$124.37M-53.4%	$266.79M-4.9%	$280.49M+11.4%	$251.76M+1.7%	$247.56M-4.8%
Accounts receivable, net	$160.77M+38.0%	$116.53M-37.8%	$187.47M+16.9%	$160.33M+1.6%	$157.87M+27.6%
Income taxes receivable	——	——	——	——	——
Total current assets	$319.66M-27.7%	$442.44M-5.8%	$469.49M+12.7%	$416.74M+2.4%	$406.98M-0.9%
Deferred tax assets	$18.53M-10.4%	$20.67M+552%	$3.17M-93.6%	$49.29M-25.1%	$65.76M-15.3%
Other non-current assets	$38.34M+5.0%	$36.51M+21.6%	$30.02M-8.4%	$32.77M-1.0%	$33.1M+71.3%
Total assets	$2.94B+1.4%	$2.9B-0.7%	$2.92B+2.2%	$2.86B-0.3%	$2.87B+1.7%
Accounts payable	$156.5M-11.9%	$177.57M-2.0%	$181.2M+9.5%	$165.55M-4.0%	$172.4M-4.8%
Accrued expenses	$134.03M+21.3%	$110.46M-19.8%	$137.73M+11.9%	$123.07M-7.3%	$132.72M+21.6%
Operating lease liabilities, current	$19.46M+6.8%	$18.21M-1.4%	$18.47M—	——	——
Total current liabilities	$290.53M+0.9%	$288.03M-9.7%	$318.93M+10.5%	$288.62M-5.4%	$305.12M+5.1%
Long-term debt	$393.44M0.0%	$393.25M0.0%	$393.06M0.0%	$392.88M0.0%	$392.7M0.0%
Asset retirement obligations	$187.47M+0.8%	$186.04M+0.9%	$184.35M+12.3%	$164.15M+0.6%	$163.13M+1.1%
Other non-current liabilities	$18.63M+17.0%	$15.93M-23.5%	$20.83M+25.1%	$16.65M-9.3%	$18.35M+94.4%
Total noncurrent liabilities	$618.07M+0.4%	$615.89M+3.0%	$598.24M+4.3%	$573.68M-0.1%	$574.17M+1.9%
Additional paid-in capital	$1.96B+3.1%	$1.9B+0.3%	$1.9B+0.6%	$1.89B+0.4%	$1.88B-0.1%
Retained earnings	$1.04B+7.2%	$966.75M+4.4%	$925.75M+5.4%	$878.37M+6.0%	$828.61M+9.8%
Accumulated other comprehensive income (loss)	——	——	——	——	——
Treasury stock	$960.74M+3.5%	$928.66M+6.2%	$874.71M+6.3%	$822.83M+6.4%	$773.67M+7.3%
Noncontrolling interests	$0-100%	$59.22M+1.8%	$58.17M+2.4%	$56.83M+2.3%	$55.53M+3.3%
Total liabilities and stockholders' equity	$2.94B+1.4%	$2.9B-0.7%	$2.92B+2.2%	$2.86B-0.3%	$2.87B+1.7%
Commitments and contingencies	——	——	——	——	——
Joint interest and other, net	——	——	——	——	——
Other current assets	$1.14M+29.4%	$877K-42.2%	$1.52M-44.6%	$2.74M+207%	$891K-69.0%
Deferred Tax Assets and Other Non-Current Assets	$38.34M+5.0%	$36.51M+21.6%	$30.02M-8.4%	$32.77M-1.0%	$33.1M+71.3%
Oil and Gas, Successful Efforts Method, Property and Equipment, Accumulated Depreciation, Depletion, and Amortization	$2.67B+4.4%	$2.55B+4.7%	$2.44B+4.8%	$2.33B+4.8%	$2.22B+5.0%
Oil And Gas Property Successful Effort Method Net	$2.59B+6.7%	$2.42B+0.4%	$2.41B+2.5%	$2.36B0.0%	$2.36B+2.2%
Oil and Gas Properties (Successful Efforts Method)	$5.23B+5.5%	$4.96B+2.6%	$4.83B+3.6%	$4.66B+2.5%	$4.55B+3.3%
Other non-current assets	$38.34M+5.0%	$36.51M+21.6%	$30.02M-8.4%	$32.77M-1.0%	$33.1M+71.3%
Other	$21.27M+3.1%	$20.62M+0.6%	$20.49M0.0%	$20.48M-28.6%	$28.7M+53.4%
Software and Technology Licenses, Net	$38.34M+5.0%	$36.51M+21.6%	$30.02M-8.4%	$32.77M-1.0%	$33.1M+71.3%
Other accrued liabilities	$134.03M+21.3%	$110.46M-19.8%	$137.73M+11.9%	$123.07M-7.3%	$132.72M+21.6%
Total debt	$412.9M-1.6%	$419.56M+1.9%	$411.54M0.0%	$411.63M0.0%	$411.46M+0.3%
Deferred income taxes	——	——	——	——	——
Tax receivable within other current assets	——	——	——	——	——
Noncontrolling interests in subsidiaries	$0-100%	$59.22M+1.8%	$58.17M+2.4%	$56.83M+2.3%	$55.53M+3.3%

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

Can Magnolia Oil & Gas Corporation cover its short-term obligations?: Its current ratio is 1.10 — current assets exceed current liabilities.
Where does Magnolia Oil & Gas Corporation's balance sheet data come from?: Every line is extracted from Magnolia Oil & Gas Corporation's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.