Magna International Inc.

Magna International Inc.verified

MG.TO

Price:

$58.61

Market Cap:

$12.12B

Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, front integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, and side doors. The Power & Vision segment offer...[Read more]

Industry

Auto - Parts

IPO Date

2004-12-01

Stock Exchange

TSX

Ticker

MG.TO

The Current Ratio as of November 2024 (TTM) for Magna International Inc. (MG.TO) is 1.12

According to Magna International Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.12. This represents a change of 2.49% compared to the average of 1.10 of the last 4 quarters.

Magna International Inc. (MG.TO) Historical Current Ratio (quarterly & annually)

How has MG.TO Current Ratio performed in the past?

The mean historical Current Ratio of Magna International Inc. over the last ten years is 1.25. The current 1.12 Current Ratio has changed 8.88% with respect to the historical average. Over the past ten years (40 quarters), MG.TO's Current Ratio was at its highest in in the December 2015 quarter at 1.53. The Current Ratio was at its lowest in in the December 2023 quarter at 1.06.

Quarterly (TTM)
Annual

Average

1.25

Median

1.24

Minimum

1.06

Maximum

1.53

Magna International Inc. (MG.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Magna International Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 16.49%

Maximum Annual Current Ratio = 1.53

Minimum Annual Increase = -23.69%

Minimum Annual Current Ratio = 1.06

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.06-6.86%
20221.14-12.27%
20211.30-5.37%
20201.378.89%
20191.269.69%
20181.15-6.15%
20171.224.69%
20161.17-23.69%
20151.5316.49%
20141.31-3.16%

Magna International Inc. (MG.TO) Average Current Ratio

How has MG.TO Current Ratio performed in the past?

The current Current Ratio of Magna International Inc. (MG.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.17

5-year avg

1.23

10-year avg

1.25

Magna International Inc. (MG.TO) Current Ratio vs. Peers

How is MG.TO’s Current Ratio compared to its peers?

Magna International Inc.’s Current Ratio is greater than Canadian National Railway Company (0.64), less than Nutrien Ltd. (1.26), greater than Restaurant Brands International Inc. (0.78), greater than Canadian Pacific Railway Limited (0.53), greater than Fortis Inc. (0.69),

Build a custom stock screener for Magna International Inc. (MG.TO) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Magna International Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Magna International Inc. (MG.TO) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Magna International Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Magna International Inc.'s Current Ratio?

How is the Current Ratio calculated for Magna International Inc. (MG.TO)?

What is the highest Current Ratio for Magna International Inc. (MG.TO)?

What is the 3-year average Current Ratio for Magna International Inc. (MG.TO)?

What is the 5-year average Current Ratio for Magna International Inc. (MG.TO)?

How does the current Current Ratio for Magna International Inc. (MG.TO) compare to its historical average?