Magna International Financials

MGA Stock  USD 45.14  0.19  0.42%   
Based on the analysis of Magna International's profitability, liquidity, and operating efficiency, Magna International is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At present, Magna International's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 7.6 B, whereas Total Stockholder Equity is forecasted to decline to about 6.4 B. Key indicators impacting Magna International's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.02790.0283
Fairly Down
Slightly volatile
Return On Assets0.04290.0376
Fairly Up
Slightly volatile
Return On Equity0.07450.1026
Way Down
Slightly volatile
Debt Equity Ratio0.460.4656
Fairly Down
Pretty Stable
Operating Income2.8 B2.7 B
Sufficiently Up
Slightly volatile
Current Ratio1.511.0607
Significantly Up
Slightly volatile
The financial analysis of Magna International is a critical element in measuring its lifeblood. Investors should not minimize Magna International's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

1.39 Billion

  
Understanding current and past Magna International Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Magna International's financial statements are interrelated, with each one affecting the others. For example, an increase in Magna International's assets may result in an increase in income on the income statement.
Please note, the presentation of Magna International's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Magna International's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Magna International's management manipulating its earnings.

Magna International Stock Summary

Magna International competes with Allison Transmission, Aptiv PLC, LKQ, Lear, and BorgWarner. Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada. Magna International operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 161000 people.
Foreign Associate
  Germany
Specialization
Consumer Discretionary, Automobiles & Components
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINCA5592224011
CUSIP559222401
LocationOntario; Canada
Business Address337 Magna Drive,
SectorAutomobile Components
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.magna.com
Phone905 726 2462
CurrencyUSD - US Dollar

Magna International Key Financial Ratios

Magna International Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets25.8B28.6B29.1B27.8B32.3B33.9B
Other Current Liab2.6B3.1B3.0B3.0B3.5B3.7B
Net Debt3.7B2.7B2.7B3.8B6.0B6.3B
Retained Earnings8.6B8.7B9.2B8.6B9.3B9.7B
Net Receivables5.9B6.4B6.3B6.8B7.9B8.3B
Inventory3.3B3.4B4.0B4.2B4.6B4.8B
Other Current Assets1.1B238M260M320M352M192.3M
Total Liab14.7B16.9B16.9B16.5B20.0B21.0B
Total Current Assets10.7B13.4B13.5B12.5B14.0B14.7B
Short Term Debt331M370M729M938M1.7B1.8B
Intangible Assets484M481M493M452M876M502.0M
Cash1.3B3.3B2.9B1.2B1.2B1.4B
Accounts Payable5.6B6.3B6.5B7.0B7.8B8.2B
Good Will2.0B2.1B2.1B2.0B2.8B1.5B
Other Liab1.5B1.5B1.5B1.3B1.5B820.6M
Other Assets1.3B1.3B1.4B1.6B(71.8M)(68.2M)
Long Term Debt3.1B4.0B3.5B2.8B4.2B4.4B
Common Stock3.2B3.3B3.4B3.3B3.3B3.5B
Net Tangible Assets8.4B8.8B9.2B8.5B9.7B8.7B
Short Long Term Debt106M129M455M662M1.3B1.4B
Long Term Debt Total3.1B4.0B3.5B2.8B3.3B3.4B

Magna International Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense104M105M122M126M242M254.1M
Total Revenue39.4B32.6B36.2B37.8B42.8B44.9B
Gross Profit5.4B4.4B5.1B4.7B5.6B2.9B
Operating Income2.6B1.7B1.9B1.7B2.7B2.8B
Ebit2.6B970.7M1.8B878.7M1.9B1.2B
Ebitda3.9B2.6B3.6B2.4B3.7B1.9B
Cost Of Revenue34.0B28.2B31.1B33.2B37.2B39.0B
Income Before Tax2.2B1.0B1.9B878M1.6B1.1B
Net Income1.8B757M1.5B592M1.2B791.8M
Income Tax Expense591M329M395M237M320M302.1M
Minority Interest300M350M(39M)(49M)(62M)(58.9M)
Tax Provision591M329M395M237M343M416.4M
Net Interest Income(82M)(86M)(78M)(81M)(120M)(126M)
Interest Income22M19M44M45M86M90.3M
Research Development654.9M873.8M628.4M623.3M877.8M717.3M

Magna International Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory104M37M(653M)(448M)(199.6M)(209.6M)
Change In Cash590M2.0B(426M)(1.7B)(36M)(34.2M)
Free Cash Flow2.5B2.1B1.6B414M601M748.7M
Depreciation1.3B1.4B1.5B1.4B1.5B772.2M
Other Non Cash Items(172M)257M129M559M379M398.0M
Dividends Paid448M449M467M514M(522M)(495.9M)
Capital Expenditures1.4B1.1B1.4B1.7B2.5B2.7B
Net Income1.6B677M1.6B641M1.3B916.1M
End Period Cash Flow1.4B3.4B2.9B1.2B1.2B1.4B
Change To Netincome241M404M103M237M272.6M286.2M
Net Borrowings(1.2B)683M(167M)(391M)(351.9M)(334.3M)

Magna Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Magna International's current stock value. Our valuation model uses many indicators to compare Magna International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magna International competition to find correlations between indicators driving Magna International's intrinsic value. More Info.
Magna International is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.41  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Magna International is roughly  2.41 . At present, Magna International's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Magna International's earnings, one of the primary drivers of an investment's value.

Magna International Systematic Risk

Magna International's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Magna International volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Magna International correlated with the market. If Beta is less than 0 Magna International generally moves in the opposite direction as compared to the market. If Magna International Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Magna International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Magna International is generally in the same direction as the market. If Beta > 1 Magna International moves generally in the same direction as, but more than the movement of the benchmark.

Magna International Thematic Clasifications

Magna International is part of several thematic ideas from Cars to Automobiles and Trucks. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Magna International Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Magna International's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Magna International growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.11

At present, Magna International's Price Earnings To Growth Ratio is projected to drop slightly based on the last few years of reporting.

Magna International November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Magna International help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Magna International. We use our internally-developed statistical techniques to arrive at the intrinsic value of Magna International based on widely used predictive technical indicators. In general, we focus on analyzing Magna Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Magna International's daily price indicators and compare them against related drivers.

Complementary Tools for Magna Stock analysis

When running Magna International's price analysis, check to measure Magna International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magna International is operating at the current time. Most of Magna International's value examination focuses on studying past and present price action to predict the probability of Magna International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magna International's price. Additionally, you may evaluate how the addition of Magna International to your portfolios can decrease your overall portfolio volatility.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years