Magna Non Currrent Assets Other from 2010 to 2024

MGA Stock  USD 45.08  0.94  2.13%   
Magna International's Non Currrent Assets Other are increasing over the years with slightly volatile fluctuation. Overall, Non Currrent Assets Other are expected to go to about 2 B this year. Non Currrent Assets Other is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. View All Fundamentals
 
Non Currrent Assets Other  
First Reported
1986-06-30
Previous Quarter
844.4 M
Current Value
897.6 M
Quarterly Volatility
333.5 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 1.9 B, Interest Expense of 254.1 M or Total Revenue of 44.9 B, as well as many indicators such as Price To Sales Ratio of 0.38, Dividend Yield of 0.0177 or PTB Ratio of 1.13. Magna financial statements analysis is a perfect complement when working with Magna International Valuation or Volatility modules.
  
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.

Latest Magna International's Non Currrent Assets Other Growth Pattern

Below is the plot of the Non Currrent Assets Other of Magna International over the last few years. It is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. Magna International's Non Currrent Assets Other 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.
Non Currrent Assets Other10 Years Trend
Slightly volatile
   Non Currrent Assets Other   
       Timeline  

Magna Non Currrent Assets Other Regression Statistics

Arithmetic Mean895,432,762
Geometric Mean647,731,309
Coefficient Of Variation60.33
Mean Deviation407,017,244
Median959,000,000
Standard Deviation540,199,258
Sample Variance291815.2T
Range2B
R-Value0.91
Mean Square Error51681.8T
R-Squared0.84
Slope110,413,990
Total Sum of Squares4085413.3T

Magna Non Currrent Assets Other History

2024B
20231.9 B
20221.2 B
20211.2 B
2020963 M
2019996 M
2018992 M

About Magna International Financial Statements

Magna International stakeholders use historical fundamental indicators, such as Magna International's Non Currrent Assets Other, 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
Non Currrent Assets Other1.9 BB

Also Currently Popular

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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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. If investors know Magna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magna International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.226
Dividend Share
1.9
Earnings Share
3.75
Revenue Per Share
148.635
Quarterly Revenue Growth
(0.04)
The market value of Magna International is measured differently than its book value, which is the value of Magna that is recorded on the company's balance sheet. Investors also form their own opinion of Magna International's value that differs from its market value or its book value, called intrinsic value, which is Magna International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magna International's market value can be influenced by many factors that don't directly affect Magna International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.