Magna International Inc.

Magna International Inc.verified

MGA

Price:

$42.42

Market Cap:

$12.19B

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

1984-10-05

Stock Exchange

NYSE

Ticker

MGA

The Current Ratio as of December 2024 (TTM) for Magna International Inc. (MGA) is 1.14

According to Magna International Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.14. This represents a change of 2.96% compared to the average of 1.10 of the last 4 quarters.

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

How has MGA 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 1.14 Current Ratio has changed 8.97% with respect to the historical average. Over the past ten years (40 quarters), MGA'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. (MGA) 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. (MGA) Average Current Ratio

How has MGA Current Ratio performed in the past?

The current Current Ratio of Magna International Inc. (MGA) 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. (MGA) Current Ratio vs. Peers

How is MGA’s Current Ratio compared to its peers?

Magna International Inc.’s Current Ratio is less than Allison Transmission Holdings, Inc. (2.83), less than Aptiv PLC (1.50), less than LKQ Corporation (1.72), less than Lear Corporation (1.33), less than BorgWarner Inc. (1.84), greater than Autoliv, Inc. (0.96), less than Visteon Corporation (1.82), less than Gentex Corporation (3.69), greater than Adient plc (1.11), less than Fox Factory Holding Corp. (3.21), less than Dana Incorporated (1.49), less than Dorman Products, Inc. (2.34), less than American Axle & Manufacturing Holdings, Inc. (1.65),

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