Magna Pb Ratio vs Free Cash Flow Yield Analysis

MG Stock

CAD 53.61 2.65 4.71%

Magna International financial indicator trend analysis is infinitely more than just investigating Magna International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Magna International is a good investment. Please check the relationship between Magna International Pb Ratio and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Magna Stock, please use our How to Invest in Magna International guide.

Pb Ratio vs Free Cash Flow Yield

Pb Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magna International Pb Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak relationship.

The correlation between Magna International's Pb Ratio and Free Cash Flow Yield is 0.31. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Magna International, assuming nothing else is changed. The correlation between historical values of Magna International's Pb Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Magna International are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Pb Ratio i.e., Magna International's Pb Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Pb Ratio

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Magna International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Magna International current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Magna Stock, please use our How to Invest in Magna International guide.At this time, Magna International's Selling General Administrative is very stable compared to the past year. As of the 18th of February 2025, Discontinued Operations is likely to grow to about 80.9 M, while Enterprise Value Over EBITDA is likely to drop 4.56.

	2022	2023	2024	2025 (projected)
Interest Expense	126M	242M	278.3M	292.2M
Depreciation And Amortization	1.6B	1.7B	2.0B	2.1B

Interest Expense Depreciation And Amortization

Magna International fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Cash	Cash And Short Term Investments	Accounts Payable	Good Will	Current Deferred Revenue
Total Assets		0.92	0.98	0.98	0.95	0.99	0.84	0.98	0.99	0.91	0.97	0.07	0.92	0.98	0.12	-0.28	0.99	0.86	0.97	0.8	0.89	0.3	0.3	0.99	0.98	0.79
Short Long Term Debt Total	0.92		0.87	0.89	0.76	0.95	0.95	0.92	0.95	0.92	0.83	-0.32	0.98	0.89	-0.06	-0.34	0.96	0.89	0.83	0.83	0.9	0.22	0.22	0.87	0.91	0.5
Other Current Liab	0.98	0.87		0.98	0.94	0.95	0.8	0.95	0.95	0.88	0.98	0.13	0.86	0.98	0.23	-0.3	0.97	0.84	0.98	0.81	0.85	0.28	0.28	0.98	0.96	0.81
Total Current Liabilities	0.98	0.89	0.98		0.93	0.96	0.84	0.94	0.97	0.94	0.98	0.1	0.86	0.99	0.17	-0.26	0.98	0.89	0.96	0.87	0.9	0.21	0.21	0.99	0.98	0.79
Total Stockholder Equity	0.95	0.76	0.94	0.93		0.91	0.66	0.93	0.91	0.79	0.97	0.34	0.78	0.94	0.21	-0.19	0.9	0.73	0.97	0.66	0.78	0.37	0.37	0.96	0.91	0.93
Property Plant And Equipment Net	0.99	0.95	0.95	0.96	0.91		0.88	0.97	0.99	0.92	0.93	-0.05	0.96	0.97	0.03	-0.3	0.99	0.88	0.94	0.79	0.89	0.29	0.29	0.96	0.97	0.72
Net Debt	0.84	0.95	0.8	0.84	0.66	0.88		0.84	0.9	0.92	0.77	-0.4	0.91	0.83	-0.01	-0.33	0.9	0.86	0.71	0.88	0.93	-0.08	-0.08	0.82	0.88	0.38
Retained Earnings	0.98	0.92	0.95	0.94	0.93	0.97	0.84		0.98	0.85	0.94	0.0	0.94	0.95	0.13	-0.37	0.97	0.82	0.94	0.74	0.86	0.31	0.31	0.95	0.94	0.75
Non Current Assets Total	0.99	0.95	0.95	0.97	0.91	0.99	0.9	0.98		0.93	0.95	-0.05	0.95	0.97	0.07	-0.3	0.99	0.88	0.93	0.82	0.93	0.21	0.21	0.97	0.98	0.71
Non Currrent Assets Other	0.91	0.92	0.88	0.94	0.79	0.92	0.92	0.85	0.93		0.88	-0.12	0.85	0.93	-0.01	-0.17	0.93	0.94	0.83	0.93	0.94	0.06	0.06	0.92	0.96	0.59
Net Receivables	0.97	0.83	0.98	0.98	0.97	0.93	0.77	0.94	0.95	0.88		0.24	0.82	0.97	0.21	-0.23	0.95	0.8	0.98	0.79	0.87	0.24	0.24	0.99	0.96	0.87
Common Stock Shares Outstanding	0.07	-0.32	0.13	0.1	0.34	-0.05	-0.4	0.0	-0.05	-0.12	0.24		-0.28	0.08	0.36	0.34	-0.06	-0.21	0.24	-0.15	-0.13	0.21	0.21	0.14	0.03	0.65
Non Current Liabilities Total	0.92	0.98	0.86	0.86	0.78	0.96	0.91	0.94	0.95	0.85	0.82	-0.28		0.87	-0.07	-0.36	0.95	0.84	0.84	0.73	0.85	0.33	0.33	0.86	0.89	0.53
Inventory	0.98	0.89	0.98	0.99	0.94	0.97	0.83	0.95	0.97	0.93	0.97	0.08	0.87		0.13	-0.27	0.98	0.91	0.96	0.84	0.88	0.24	0.24	0.99	0.97	0.79
Other Current Assets	0.12	-0.06	0.23	0.17	0.21	0.03	-0.01	0.13	0.07	-0.01	0.21	0.36	-0.07	0.13		-0.02	0.08	-0.11	0.19	0.15	0.02	-0.17	-0.17	0.15	0.07	0.31
Other Stockholder Equity	-0.28	-0.34	-0.3	-0.26	-0.19	-0.3	-0.33	-0.37	-0.3	-0.17	-0.23	0.34	-0.36	-0.27	-0.02		-0.31	-0.24	-0.24	-0.22	-0.24	-0.06	-0.06	-0.24	-0.26	0.0
Total Liab	0.99	0.96	0.97	0.98	0.9	0.99	0.9	0.97	0.99	0.93	0.95	-0.06	0.95	0.98	0.08	-0.31		0.9	0.94	0.84	0.91	0.26	0.26	0.97	0.98	0.7
Property Plant And Equipment Gross	0.86	0.89	0.84	0.89	0.73	0.88	0.86	0.82	0.88	0.94	0.8	-0.21	0.84	0.91	-0.11	-0.24	0.9		0.81	0.86	0.83	0.18	0.18	0.87	0.88	0.52
Total Current Assets	0.97	0.83	0.98	0.96	0.97	0.94	0.71	0.94	0.93	0.83	0.98	0.24	0.84	0.96	0.19	-0.24	0.94	0.81		0.73	0.79	0.43	0.43	0.97	0.93	0.88
Short Term Debt	0.8	0.83	0.81	0.87	0.66	0.79	0.88	0.74	0.82	0.93	0.79	-0.15	0.73	0.84	0.15	-0.22	0.84	0.86	0.73		0.89	-0.11	-0.11	0.82	0.87	0.48
Intangible Assets	0.89	0.9	0.85	0.9	0.78	0.89	0.93	0.86	0.93	0.94	0.87	-0.13	0.85	0.88	0.02	-0.24	0.91	0.83	0.79	0.89		-0.05	-0.05	0.89	0.95	0.56
Cash	0.3	0.22	0.28	0.21	0.37	0.29	-0.08	0.31	0.21	0.06	0.24	0.21	0.33	0.24	-0.17	-0.06	0.26	0.18	0.43	-0.11	-0.05		1.0	0.24	0.16	0.39
Cash And Short Term Investments	0.3	0.22	0.28	0.21	0.37	0.29	-0.08	0.31	0.21	0.06	0.24	0.21	0.33	0.24	-0.17	-0.06	0.26	0.18	0.43	-0.11	-0.05	1.0		0.24	0.16	0.39
Accounts Payable	0.99	0.87	0.98	0.99	0.96	0.96	0.82	0.95	0.97	0.92	0.99	0.14	0.86	0.99	0.15	-0.24	0.97	0.87	0.97	0.82	0.89	0.24	0.24		0.98	0.82
Good Will	0.98	0.91	0.96	0.98	0.91	0.97	0.88	0.94	0.98	0.96	0.96	0.03	0.89	0.97	0.07	-0.26	0.98	0.88	0.93	0.87	0.95	0.16	0.16	0.98		0.74
Current Deferred Revenue	0.79	0.5	0.81	0.79	0.93	0.72	0.38	0.75	0.71	0.59	0.87	0.65	0.53	0.79	0.31	0.0	0.7	0.52	0.88	0.48	0.56	0.39	0.39	0.82	0.74

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Magna International Account Relationship Matchups

Magna International fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	28.6B	29.1B	27.8B	32.3B	37.1B	38.9B
Short Long Term Debt Total	6.0B	5.7B	5.1B	7.2B	8.3B	8.7B
Other Current Liab	3.1B	3.0B	3.0B	3.5B	4.1B	4.3B
Total Current Liabilities	9.7B	10.4B	11.0B	13.2B	15.2B	16.0B
Total Stockholder Equity	11.4B	11.8B	10.9B	11.9B	13.7B	14.3B
Property Plant And Equipment Net	10.4B	10.0B	9.8B	11.4B	13.1B	13.7B
Net Debt	2.7B	2.7B	3.8B	6.0B	6.9B	7.3B
Retained Earnings	8.7B	9.2B	8.6B	9.3B	10.7B	11.2B
Non Current Assets Total	15.2B	15.6B	15.3B	18.2B	21.0B	22.0B
Non Currrent Assets Other	963M	1.2B	1.2B	2.0B	2.3B	2.4B
Net Receivables	6.4B	6.3B	6.8B	7.9B	9.1B	9.5B
Common Stock Shares Outstanding	300.4M	302.8M	291.2M	286.6M	329.6M	356.6M
Liabilities And Stockholders Equity	28.6B	29.1B	27.8B	32.3B	37.1B	38.9B
Non Current Liabilities Total	7.1B	6.5B	5.5B	6.7B	7.8B	8.1B
Inventory	3.4B	4.0B	4.2B	4.6B	5.3B	5.6B
Other Stockholder Equity	128M	102M	111M	125M	112.5M	106.9M
Total Liab	16.9B	16.9B	16.5B	20.0B	23.0B	24.1B
Property Plant And Equipment Gross	10.4B	22.0B	21.8B	24.2B	27.8B	29.2B
Total Current Assets	13.4B	13.5B	12.5B	14.0B	16.1B	16.9B
Accumulated Other Comprehensive Income	(733M)	(900M)	(1.1B)	(898M)	(808.2M)	(767.8M)
Short Term Debt	370M	729M	938M	1.7B	2.0B	2.1B
Intangible Assets	481M	493M	452M	876M	1.0B	1.1B
Cash	3.3B	2.9B	1.2B	1.2B	1.4B	1.4B
Cash And Short Term Investments	3.3B	2.9B	1.2B	1.2B	1.4B	1.4B
Accounts Payable	6.3B	6.5B	7.0B	7.8B	9.0B	9.5B
Good Will	2.1B	2.1B	2.0B	2.8B	3.2B	3.3B
Common Stock	3.3B	3.4B	3.3B	3.4B	3.9B	3.8B
Other Liab	1.5B	1.5B	1.5B	1.3B	1.5B	1.3B
Net Tangible Assets	8.4B	8.8B	9.2B	8.5B	9.7B	8.7B
Other Assets	1.3B	1.3B	1.4B	1.5B	1.7B	1.1B
Long Term Debt	4.0B	3.5B	2.8B	4.2B	4.8B	2.7B
Deferred Long Term Liab	683M	694M	668M	679M	780.9M	559.1M
Long Term Investments	947M	1.6B	1.4B	1.2B	1.4B	1.3B
Short Long Term Debt	129M	455M	662M	1.3B	1.5B	1.6B
Property Plant Equipment	10.1B	10.4B	10.0B	9.8B	11.2B	8.4B
Long Term Debt Total	3.1B	4.0B	3.5B	2.8B	3.3B	3.4B
Capital Surpluse	127M	128M	102M	111M	127.7M	126.4M

Pair Trading with Magna International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Magna International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Magna International will appreciate offsetting losses from the drop in the long position's value.

Moving against Magna Stock

0.7	OIII	O3 Mining	Pair Corr
0.68	GOOG	Alphabet CDR	Pair Corr
0.67	META	Meta Platforms CDR	Pair Corr
0.58	PGDC	Patagonia Gold Corp	Pair Corr
0.55	AMZN	Amazon CDR	Pair Corr

The ability to find closely correlated positions to Magna International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Magna International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Magna International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Magna International to buy it.

The correlation of Magna International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Magna International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magna International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Magna International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Magna International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magna International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magna International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magna International Stock:

How To Invest In Magna

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Is Magna Stock a good investment?

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What is Magna International's Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Magna Stock, please use our How to Invest in Magna International guide.

You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Please note, there is a significant difference between Magna International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magna International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magna International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Magna Pb Ratio vs Free Cash Flow Yield Analysis

Pb Ratio vs Free Cash Flow Yield

Pb Ratio vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Pb Ratio

Free Cash Flow Yield

Magna International fundamental ratios Correlations

Magna International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Magna International fundamental ratios Accounts

Pair Trading with Magna International

Moving against Magna Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Assets
Inventory	+ 0.99	Total Current Liabilities

Common Stock Shares Outstanding	- 0.4	Net Debt
Other Stockholder Equity	- 0.37	Retained Earnings
Other Stockholder Equity	- 0.36	Non Current Liabilities Total
Other Stockholder Equity	- 0.34	Short Long Term Debt Total
Other Stockholder Equity	- 0.33	Net Debt
Common Stock Shares Outstanding	- 0.32	Short Long Term Debt Total