Boris Shulkin - Magna International Executive Officer

MG Stock  CAD 61.64  1.96  3.28%   

Executive

Boris Shulkin is Executive Officer of Magna International
Phone905-726-2462
Webhttps://www.magna.com

Magna International Management Efficiency

The company has return on total asset (ROA) of 0.0393 % which means that it generated a profit of $0.0393 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0949 %, meaning that it generated $0.0949 on every $100 dollars invested by stockholders. Magna International's management efficiency ratios could be used to measure how well Magna International manages its routine affairs as well as how well it operates its assets and liabilities.
Magna International has accumulated 7.22 B in total debt with debt to equity ratio (D/E) of 0.45, which is about average as compared to similar companies. Magna International has a current ratio of 1.27, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist Magna International until it has trouble settling it off, either with new capital or with free cash flow. So, Magna International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Magna International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Magna to invest in growth at high rates of return. When we think about Magna International's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

EXECUTIVE Age

Duncan FultonRestaurant Brands International
48
Kendall PeckRestaurant Brands International
N/A
Andy KelemenNutrien
N/A
Jose GirardCanadian National Railway
N/A
Andrew KelemenNutrien
N/A
Patrick WhiteheadCanadian National Railway
N/A
Jill GranatRestaurant Brands International
58
Chris BriglebRestaurant Brands International
N/A
Kevin WoodburyFortis Inc
N/A
Pamela ArpinCanadian Pacific Railway
48
MEd BPRFortis Inc
N/A
Christopher ReynoldsNutrien
50
Corey HeinzCanadian Pacific Railway
N/A
Jeffrey TarsiNutrien
N/A
Rance RandleCanadian National Railway
N/A
Robert QCNutrien
N/A
Sarah WaltersNutrien
N/A
Jacqueline FriesnerRestaurant Brands International
51
Stuart LochrayFortis Inc
51
Noralee LLBNutrien
N/A
Maeghan AlbistonCanadian Pacific Railway
N/A
Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada. MAGNA INTERNATIONAL operates under Auto Parts classification in Canada and is traded on Toronto Stock Exchange. It employs 161000 people. Magna International (MG) is traded on Toronto Exchange in Canada and employs 162,000 people.

Management Performance

Magna International Leadership Team

Elected by the shareholders, the Magna International's board of directors comprises two types of representatives: Magna International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Magna. The board's role is to monitor Magna International's management team and ensure that shareholders' interests are well served. Magna International's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Magna International's outside directors are responsible for providing unbiased perspectives on the board's policies.
William Young, Independent Chairman of the Board
Anton Mayer, Ex CTO
Robert Cecutti, Controller
John OHara, President Mirrors
Joanne Horibe, Chief Officer
Francis Seguin, Executive Vice President - Corporate Projects and Strategy Development
Patrick McCann, Executive CFO
Aaron McCarthy, Chief Human Resource Officer, Executive Vice President
Peter Bowie, Independent Director
Mark Dong, President China
Joseph Cosentino, Senior Counsel
Bassem Shakeel, Vice President Secretary
William Ruh, Independent Director
James Tobin, Executive Vice President, President - Magna Asia
Uwe Geissinger, Executive Europe
V Harder, Independent Director
Boris Shulkin, Executive Officer
Indira Samarasekera, Independent Director
Cynthia Niekamp, Independent Director
Sharath Reddy, Senior PresidentElectronics
Tom Rucker, MML, MPT
Seetarama Kotagiri, President - Magna International, Magna Power and Vision
Donald Walker, Chief Executive Officer, Director
Bruce Cluney, Executive Officer
John Farrell, President Seating
Kurt Lauk, Independent Director
Seetarama MSc, CEO Director
Matteo Sorbo, Executive Mobility
Tommy Skudutis, COO - Exteriors, Interiors, Seating, Mirrors, Closures and Cosma
Riccardo Trecroce, Executive Vice President Chief Legal Officer
Guenther Apfalter, President , Magna Europe and Magna Steyr
Eric Wilds, Executive Vice President Chief Sales & Marketing Officer
Tracy Fuerst, Vice PR
Paul Brock, VP Treasurer
Robert MacLellan, Independent Director
Scott Bonham, Non-Independent Non-Executive Director
Louis Tonelli, Vice Relations
Mary Chan, Independent Director
Lisa Westlake, Independent Director
Vincent Galifi, Chief Financial Officer, Executive Vice President

Magna Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Magna International a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Magna International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Magna International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Magna International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Magna Stock

  0.68PSI Pason SystemsPairCorr

Moving against Magna Stock

  0.73GUD Knight TherapeuticsPairCorr
  0.44PKI Parkland FuelPairCorr
The ability to find closely correlated positions to Magna International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Magna International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Magna International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Magna International to buy it.
The correlation of Magna International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Magna International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magna International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Magna International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Magna Stock, please use our How to Invest in Magna International guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.