Magna Total Assets from 2010 to 2026

MGA Stock  EUR 53.64  0.24  0.45%   
Magna International's Total Assets are increasing over the last several years with slightly volatile swings. Total Assets are predicted to flatten to about 26.9 B. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2016-12-31
Previous Quarter
33.2 B
Current Value
32.9 B
Quarterly Volatility
B
 
Covid
 
Interest Hikes
Check Magna International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magna International's main balance sheet or income statement drivers, such as Discontinued Operations of 80.9 M, Interest Expense of 373.1 M or Selling General Administrative of 1.8 B, as well as many indicators such as . Magna financial statements analysis is a perfect complement when working with Magna International Valuation or Volatility modules.
  
This module can also supplement various Magna International Technical models . Check out the analysis of Magna International Correlation against competitors.
For more detail on how to invest in Magna Stock please use our How to Invest in Magna International guide.
The Total Assets trend for Magna International offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Magna International is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Magna International's Total Assets Growth Pattern

Below is the plot of the Total Assets of Magna International over the last few years. Total assets refers to the total amount of Magna International assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Magna International books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Magna International's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magna International's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 31.04 B10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Magna Total Assets Regression Statistics

Arithmetic Mean24,477,229,638
Geometric Mean23,703,496,469
Coefficient Of Variation25.16
Mean Deviation5,140,659,702
Median25,790,000,000
Standard Deviation6,158,287,178
Sample Variance37924501T
Range22.3B
R-Value0.93
Mean Square Error5686552.4T
R-Squared0.86
Slope1,130,562,208
Total Sum of Squares606792015.5T

Magna Total Assets History

202626.9 B
202535.7 B
202431 B
202332.3 B
202227.8 B
202129.1 B
202028.6 B

About Magna International Financial Statements

Magna International stakeholders use historical fundamental indicators, such as Magna International's Total Assets, to determine how well the company is positioned to perform in the future. Although Magna International investors may analyze each financial statement separately, they are all interrelated. For example, changes in Magna International's assets and liabilities are reflected in the revenues and expenses on Magna International's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Magna International. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Assets35.7 B26.9 B

Currently Active Assets on Macroaxis

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:
Check out the analysis of Magna International Correlation against competitors.
For more detail on how to invest in Magna Stock please use our How to Invest in Magna International guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Understanding that Magna International's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Magna International represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Magna International's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.