Balance Sheet Data

Magnolia Oil & Gas Corporation (MGY)

$22.1999

+0.21 (+0.95%)

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Total Cash 182.63192.56366.98675.44401.12485.75593.09724.15884.171,079.55
Total Cash (%)
Account Receivables 105.7881.56149.77170.77189.71197.71241.40294.74359.87439.39
Account Receivables (%)
Inventories -105.78-81.56-149.77-170.77-154.98-189.23-231.04-282.10-344.44-420.55
Inventories (%)
Accounts Payable 79.4362.63127.91202.85193.21179.12218.70267.02326.03398.08
Accounts Payable (%)
Capital Expenditure -435.03-222.21-236.43-465.14-814.18-610.56-745.48-910.21-1,111.35-1,356.93
Capital Expenditure (%)



To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows) and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.