Magna Interest Coverage from 2010 to 2026
| MGA Stock | USD 54.44 0.42 0.78% |
Interest Coverage | First Reported 2010-12-31 | Previous Quarter 6.16 | Current Value 5.85 | Quarterly Volatility 20.17998583 |
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 Depreciation And Amortization of 2.3 B, Interest Expense of 373.1 M or Total Revenue of 51.7 B, as well as many indicators such as Price To Sales Ratio of 0.51, Dividend Yield of 0.0439 or PTB Ratio of 1.11. Magna financial statements analysis is a perfect complement when working with Magna International Valuation or Volatility modules.
Magna | Interest Coverage | Build AI portfolio with Magna Stock |
Analyzing Magna International's Interest Coverage over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Interest Coverage has evolved provides context for assessing Magna International's current valuation and future prospects.
Latest Magna International's Interest Coverage Growth Pattern
Below is the plot of the Interest Coverage of Magna International over the last few years. It is Magna International's Interest Coverage 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.
| Interest Coverage | 10 Years Trend |
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Interest Coverage |
| Timeline |
Magna Interest Coverage Regression Statistics
| Arithmetic Mean | 26.66 | |
| Geometric Mean | 19.14 | |
| Coefficient Of Variation | 75.70 | |
| Mean Deviation | 17.19 | |
| Median | 22.76 | |
| Standard Deviation | 20.18 | |
| Sample Variance | 407.23 | |
| Range | 55.4861 | |
| R-Value | (0.73) | |
| Mean Square Error | 205.61 | |
| R-Squared | 0.53 | |
| Significance | 0.001 | |
| Slope | (2.90) | |
| Total Sum of Squares | 6,516 |
Magna Interest Coverage History
About Magna International Financial Statements
Magna International stakeholders use historical fundamental indicators, such as Magna International's Interest Coverage, 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 Reported | Projected for Next Year | ||
| Interest Coverage | 6.16 | 5.85 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 information on how to trade Magna Stock refer to our How to Trade Magna Stock guide.You can also try the AI Portfolio Prophet module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magna International. Expected growth trajectory for Magna significantly influences the price investors are willing to assign. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Magna International assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth (0.36) | Dividend Share 1.94 | Earnings Share 3.65 | Revenue Per Share | Quarterly Revenue Growth 0.018 |
Investors evaluate Magna International using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Magna International's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause Magna International's market price to deviate significantly from intrinsic value.
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. Conversely, Magna International's market price signifies the transaction level at which participants voluntarily complete trades.