Magna Payout Ratio vs Income Quality Analysis

MGA Stock  USD 40.35  0.22  0.54%   
Magna International financial indicator trend analysis is infinitely more than just investigating Magna International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Magna International is a good investment. Please check the relationship between Magna International Payout Ratio and its Income Quality accounts. 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 price.
For information on how to trade Magna Stock refer to our How to Trade Magna Stock guide.

Payout Ratio vs Income Quality

Payout Ratio vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magna International Payout Ratio account and Income Quality. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Magna International's Payout Ratio and Income Quality is 0.87. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Income Quality in the same time period over historical financial statements of Magna International, assuming nothing else is changed. The correlation between historical values of Magna International's Payout Ratio and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Magna International are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Payout Ratio i.e., Magna International's Payout Ratio and Income Quality go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Payout Ratio

Payout Ratio is the proportion of Magna International earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Magna International dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Magna International is paying out more in dividends than it makes in net income.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.
Most indicators from Magna International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Magna International current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 price.
For information on how to trade Magna Stock refer to our How to Trade Magna Stock guide.At present, Magna International's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 416.4 M, whereas Selling General Administrative is forecasted to decline to about 1.3 B.
 2022 2023 2024 2025 (projected)
Interest Expense126M242M278.3M292.2M
Depreciation And Amortization1.5B1.8B2.0B2.1B

Magna International fundamental ratios Correlations

0.920.830.980.950.990.840.980.990.960.970.070.920.980.3-0.260.990.970.80.60.30.30.990.860.980.76
0.920.750.890.750.950.950.910.950.930.82-0.320.980.890.15-0.330.960.830.830.560.220.220.870.890.910.68
0.830.750.820.80.840.640.780.810.770.820.120.760.85-0.19-0.210.820.840.60.480.410.410.850.810.830.51
0.980.890.820.930.960.840.940.970.950.980.10.860.990.35-0.250.980.960.870.630.210.210.990.880.980.67
0.950.750.80.930.910.650.930.910.860.960.350.780.940.36-0.170.90.970.660.570.370.370.950.720.910.75
0.990.950.840.960.910.880.970.990.960.93-0.050.960.970.21-0.290.990.940.780.580.30.30.960.880.960.76
0.840.950.640.840.650.880.840.90.910.76-0.40.910.830.18-0.320.90.710.880.59-0.08-0.080.810.860.880.59
0.980.910.780.940.930.970.840.980.920.940.00.940.950.29-0.350.970.940.740.510.310.310.950.810.940.83
0.990.950.810.970.910.990.90.980.970.94-0.050.950.970.26-0.290.990.930.820.620.210.210.960.870.980.76
0.960.930.770.950.860.960.910.920.970.9-0.090.910.960.26-0.170.970.880.860.70.130.130.940.920.960.68
0.970.820.820.980.960.930.760.940.940.90.250.810.970.36-0.220.940.970.780.610.230.230.990.790.960.7
0.07-0.320.120.10.35-0.05-0.40.0-0.05-0.090.25-0.280.080.30.35-0.060.24-0.150.150.210.210.15-0.220.030.0
0.920.980.760.860.780.960.910.940.950.910.81-0.280.870.11-0.350.950.840.730.50.330.330.850.840.890.77
0.980.890.850.990.940.970.830.950.970.960.970.080.870.3-0.250.980.960.840.60.240.240.990.90.970.68
0.30.15-0.190.350.360.210.180.290.260.260.360.30.110.30.020.260.340.390.21-0.11-0.110.320.090.260.26
-0.26-0.33-0.21-0.25-0.17-0.29-0.32-0.35-0.29-0.17-0.220.35-0.35-0.250.02-0.3-0.22-0.220.51-0.05-0.05-0.23-0.23-0.25-0.3
0.990.960.820.980.90.990.90.970.990.970.94-0.060.950.980.26-0.30.940.840.60.260.260.970.90.980.73
0.970.830.840.960.970.940.710.940.930.880.970.240.840.960.34-0.220.940.730.550.430.430.970.80.930.73
0.80.830.60.870.660.780.880.740.820.860.78-0.150.730.840.39-0.220.840.730.64-0.11-0.110.820.860.870.4
0.60.560.480.630.570.580.590.510.620.70.610.150.50.60.210.510.60.550.64-0.08-0.080.620.570.670.31
0.30.220.410.210.370.3-0.080.310.210.130.230.210.330.24-0.11-0.050.260.43-0.11-0.081.00.240.170.160.37
0.30.220.410.210.370.3-0.080.310.210.130.230.210.330.24-0.11-0.050.260.43-0.11-0.081.00.240.170.160.37
0.990.870.850.990.950.960.810.950.960.940.990.150.850.990.32-0.230.970.970.820.620.240.240.860.970.69
0.860.890.810.880.720.880.860.810.870.920.79-0.220.840.90.09-0.230.90.80.860.570.170.170.860.880.5
0.980.910.830.980.910.960.880.940.980.960.960.030.890.970.26-0.250.980.930.870.670.160.160.970.880.66
0.760.680.510.670.750.760.590.830.760.680.70.00.770.680.26-0.30.730.730.40.310.370.370.690.50.66
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Magna International Account Relationship Matchups

Magna International fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets28.6B29.1B27.8B32.3B37.1B38.9B
Short Long Term Debt Total6.0B5.7B5.1B7.2B8.3B8.7B
Other Current Liab3.1B3.0B3.0B3.5B4.1B4.3B
Total Current Liabilities9.7B10.4B11.0B13.2B15.2B16.0B
Total Stockholder Equity11.4B11.8B10.9B11.8B13.6B14.3B
Property Plant And Equipment Net10.4B10.0B9.8B11.3B13.0B13.6B
Net Debt2.7B2.7B3.8B6.0B6.9B7.3B
Retained Earnings8.7B9.2B8.6B9.3B10.6B11.2B
Non Current Assets Total15.2B15.6B15.3B18.2B21.0B22.0B
Non Currrent Assets Other963M1.2B1.2B1.4B1.6B1.7B
Net Receivables6.4B6.3B6.8B7.9B9.1B9.5B
Common Stock Shares Outstanding300.4M302.8M291.2M286.6M329.6M356.6M
Liabilities And Stockholders Equity28.6B29.1B27.8B32.3B37.1B38.9B
Non Current Liabilities Total7.1B6.5B5.5B6.7B7.8B8.1B
Inventory3.4B4.0B4.2B4.6B5.3B5.6B
Other Stockholder Equity128M102M111M124.4M111.9M106.3M
Total Liab16.9B16.9B16.5B20.0B23.0B24.1B
Total Current Assets13.4B13.5B12.5B14.0B16.1B16.9B
Short Term Debt370M729M938M1.7B2.0B2.1B
Intangible Assets481M493M452M876M1.0B1.1B
Cash3.3B2.9B1.2B1.2B1.4B1.4B
Cash And Short Term Investments3.3B2.9B1.2B1.2B1.4B1.4B
Accounts Payable6.3B6.5B7.0B7.8B9.0B9.5B
Property Plant And Equipment Gross10.4B22.0B21.8B24.2B27.8B29.2B
Accumulated Other Comprehensive Income(733M)(900M)(1.1B)(893.4M)(804.1M)(763.9M)
Good Will2.1B2.1B2.0B2.8B3.2B3.3B
Other Liab1.5B1.5B1.5B1.3B1.5B820.6M
Other Assets1.3B1.4B1.6B(71.8M)(82.6M)(78.5M)
Long Term Debt4.0B3.5B2.8B4.2B4.8B5.0B
Common Stock3.3B3.4B3.3B3.3B3.8B3.5B
Property Plant Equipment10.1B10.4B10.0B9.8B11.2B6.4B
Net Tangible Assets8.4B8.8B9.2B8.5B9.7B8.7B
Deferred Long Term Liab683M694M668M679M780.9M559.1M
Long Term Investments947M1.6B1.4B1.2B1.4B1.3B
Short Long Term Debt129M455M662M1.3B1.5B1.6B
Long Term Debt Total3.1B4.0B3.5B2.8B3.3B3.4B

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 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 price.
For information on how to trade Magna Stock refer to our How to Trade Magna Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.