Magna Retained Earnings vs Current Deferred Revenue Analysis

MGA Stock

USD 44.14 1.49 3.49%

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 Retained Earnings and its Current Deferred Revenue 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.

Retained Earnings vs Current Deferred Revenue

Retained Earnings vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magna International Retained Earnings account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Magna International's Retained Earnings and Current Deferred Revenue is -0.41. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Current Deferred Revenue 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 Retained Earnings and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Magna International are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Retained Earnings i.e., Magna International's Retained Earnings and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.41

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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.

	2021	2022	2023	2024 (projected)
Interest Expense	122M	126M	242M	254.1M
Depreciation And Amortization	1.8B	1.5B	1.8B	1.9B

Interest Expense Depreciation And Amortization

Magna International fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Cash	Cash And Short Term Investments	Accounts Payable	Property Plant And Equipment Gross	Good Will	Other Liab
Total Assets		0.88	0.78	0.98	0.74	0.98	0.78	0.98	0.98	0.88	0.96	0.11	0.9	0.98	0.22	-0.26	0.99	0.97	0.72	0.4	0.37	0.37	0.98	0.8	0.85	0.83
Short Long Term Debt Total	0.88		0.66	0.85	0.45	0.93	0.94	0.89	0.93	0.9	0.75	-0.34	0.98	0.85	0.03	-0.34	0.95	0.77	0.77	0.32	0.28	0.28	0.82	0.86	0.71	0.73
Other Current Liab	0.78	0.66		0.76	0.54	0.79	0.51	0.72	0.74	0.71	0.76	0.16	0.69	0.79	-0.34	-0.21	0.76	0.78	0.43	0.24	0.49	0.49	0.79	0.74	0.62	0.54
Total Current Liabilities	0.98	0.85	0.76		0.67	0.94	0.78	0.93	0.95	0.91	0.97	0.15	0.83	0.99	0.26	-0.25	0.97	0.95	0.81	0.4	0.27	0.27	0.99	0.84	0.81	0.74
Total Stockholder Equity	0.74	0.45	0.54	0.67		0.68	0.3	0.75	0.67	0.43	0.76	0.4	0.54	0.7	0.38	-0.12	0.64	0.79	0.24	0.39	0.44	0.44	0.73	0.37	0.9	0.88
Property Plant And Equipment Net	0.98	0.93	0.79	0.94	0.68		0.83	0.97	0.99	0.9	0.9	-0.03	0.95	0.96	0.12	-0.3	0.99	0.92	0.7	0.36	0.36	0.36	0.94	0.83	0.83	0.82
Net Debt	0.78	0.94	0.51	0.78	0.3	0.83		0.79	0.87	0.9	0.67	-0.43	0.88	0.77	0.06	-0.34	0.86	0.61	0.84	0.35	-0.07	-0.07	0.74	0.81	0.64	0.62
Retained Earnings	0.98	0.89	0.72	0.93	0.75	0.97	0.79		0.98	0.82	0.92	0.03	0.92	0.94	0.22	-0.36	0.97	0.93	0.67	0.33	0.36	0.36	0.94	0.76	0.86	0.88
Non Current Assets Total	0.98	0.93	0.74	0.95	0.67	0.99	0.87	0.98		0.91	0.92	-0.03	0.93	0.96	0.17	-0.29	0.99	0.9	0.75	0.42	0.26	0.26	0.95	0.82	0.85	0.83
Non Currrent Assets Other	0.88	0.9	0.71	0.91	0.43	0.9	0.9	0.82	0.91		0.82	-0.1	0.83	0.91	0.08	-0.15	0.92	0.79	0.89	0.48	0.1	0.1	0.88	0.92	0.69	0.58
Net Receivables	0.96	0.75	0.76	0.97	0.76	0.9	0.67	0.92	0.92	0.82		0.32	0.76	0.96	0.28	-0.21	0.92	0.96	0.69	0.41	0.28	0.28	0.99	0.7	0.82	0.76
Common Stock Shares Outstanding	0.11	-0.34	0.16	0.15	0.4	-0.03	-0.43	0.03	-0.03	-0.1	0.32		-0.29	0.13	0.3	0.35	-0.04	0.3	-0.15	0.21	0.21	0.21	0.21	-0.22	0.08	-0.01
Non Current Liabilities Total	0.9	0.98	0.69	0.83	0.54	0.95	0.88	0.92	0.93	0.83	0.76	-0.29		0.84	0.01	-0.35	0.94	0.79	0.65	0.3	0.38	0.38	0.82	0.8	0.75	0.81
Inventory	0.98	0.85	0.79	0.99	0.7	0.96	0.77	0.94	0.96	0.91	0.96	0.13	0.84		0.21	-0.26	0.97	0.95	0.76	0.37	0.3	0.3	0.99	0.86	0.81	0.75
Other Current Assets	0.22	0.03	-0.34	0.26	0.38	0.12	0.06	0.22	0.17	0.08	0.28	0.3	0.01	0.21		0.04	0.16	0.27	0.3	0.18	-0.1	-0.1	0.24	-0.06	0.28	0.29
Other Stockholder Equity	-0.26	-0.34	-0.21	-0.25	-0.12	-0.3	-0.34	-0.36	-0.29	-0.15	-0.21	0.35	-0.35	-0.26	0.04		-0.31	-0.21	-0.22	0.67	-0.06	-0.06	-0.23	-0.23	-0.24	-0.29
Total Liab	0.99	0.95	0.76	0.97	0.64	0.99	0.86	0.97	0.99	0.92	0.92	-0.04	0.94	0.97	0.16	-0.31		0.92	0.77	0.37	0.33	0.33	0.96	0.86	0.82	0.8
Total Current Assets	0.97	0.77	0.78	0.95	0.79	0.92	0.61	0.93	0.9	0.79	0.96	0.3	0.79	0.95	0.27	-0.21	0.92		0.63	0.35	0.51	0.51	0.97	0.73	0.81	0.78
Short Term Debt	0.72	0.77	0.43	0.81	0.24	0.7	0.84	0.67	0.75	0.89	0.69	-0.15	0.65	0.76	0.3	-0.22	0.77	0.63		0.36	-0.11	-0.11	0.74	0.8	0.54	0.41
Intangible Assets	0.4	0.32	0.24	0.4	0.39	0.36	0.35	0.33	0.42	0.48	0.41	0.21	0.3	0.37	0.18	0.67	0.37	0.35	0.36		-0.07	-0.07	0.41	0.3	0.48	0.38
Cash	0.37	0.28	0.49	0.27	0.44	0.36	-0.07	0.36	0.26	0.1	0.28	0.21	0.38	0.3	-0.1	-0.06	0.33	0.51	-0.11	-0.07		1.0	0.3	0.23	0.27	0.37
Cash And Short Term Investments	0.37	0.28	0.49	0.27	0.44	0.36	-0.07	0.36	0.26	0.1	0.28	0.21	0.38	0.3	-0.1	-0.06	0.33	0.51	-0.11	-0.07	1.0		0.3	0.23	0.27	0.37
Accounts Payable	0.98	0.82	0.79	0.99	0.73	0.94	0.74	0.94	0.95	0.88	0.99	0.21	0.82	0.99	0.24	-0.23	0.96	0.97	0.74	0.41	0.3	0.3		0.8	0.83	0.76
Property Plant And Equipment Gross	0.8	0.86	0.74	0.84	0.37	0.83	0.81	0.76	0.82	0.92	0.7	-0.22	0.8	0.86	-0.06	-0.23	0.86	0.73	0.8	0.3	0.23	0.23	0.8		0.61	0.52
Good Will	0.85	0.71	0.62	0.81	0.9	0.83	0.64	0.86	0.85	0.69	0.82	0.08	0.75	0.81	0.28	-0.24	0.82	0.81	0.54	0.48	0.27	0.27	0.83	0.61		0.94
Other Liab	0.83	0.73	0.54	0.74	0.88	0.82	0.62	0.88	0.83	0.58	0.76	-0.01	0.81	0.75	0.29	-0.29	0.8	0.78	0.41	0.38	0.37	0.37	0.76	0.52	0.94

Click cells to compare fundamentals

Magna International Account Relationship Matchups

Magna International fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.8B	28.6B	29.1B	27.8B	32.1B	33.7B
Short Long Term Debt Total	5.0B	6.0B	5.7B	5.1B	7.2B	7.6B
Other Current Liab	2.6B	3.1B	3.0B	3.0B	3.5B	3.7B
Total Current Liabilities	8.5B	9.7B	10.4B	11.0B	13.2B	13.9B
Total Stockholder Equity	10.8B	11.4B	11.8B	10.9B	11.8B	6.4B
Property Plant And Equipment Net	10.1B	10.4B	10.0B	9.8B	11.3B	11.9B
Net Debt	3.7B	2.7B	2.7B	3.8B	6.0B	6.3B
Retained Earnings	8.6B	8.7B	9.2B	8.6B	9.3B	9.7B
Non Current Assets Total	15.0B	15.2B	15.6B	15.3B	18.1B	19.0B
Non Currrent Assets Other	996M	963M	1.2B	1.2B	1.9B	2.0B
Net Receivables	5.9B	6.4B	6.3B	6.8B	7.9B	8.3B
Common Stock Shares Outstanding	315.8M	300.4M	302.8M	291.2M	286.6M	356.6M
Liabilities And Stockholders Equity	25.8B	28.6B	29.1B	27.8B	32.1B	33.7B
Non Current Liabilities Total	6.1B	7.1B	6.5B	5.5B	6.7B	7.1B
Inventory	3.3B	3.4B	4.0B	4.2B	4.6B	4.8B
Other Current Assets	1.1B	238M	260M	320M	352M	192.3M
Other Stockholder Equity	127M	128M	102M	111M	124.4M	118.1M
Total Liab	14.7B	16.9B	16.9B	16.5B	20.0B	21.0B
Total Current Assets	10.7B	13.4B	13.5B	12.5B	14.0B	14.7B
Short Term Debt	331M	370M	729M	938M	1.7B	1.8B
Intangible Assets	484M	481M	493M	452M	876M	502.0M
Cash	1.3B	3.3B	2.9B	1.2B	1.2B	1.4B
Cash And Short Term Investments	1.3B	3.3B	2.9B	1.2B	1.2B	1.4B
Accounts Payable	5.6B	6.3B	6.5B	7.0B	7.8B	8.2B
Property Plant And Equipment Gross	10.1B	10.4B	22.0B	21.8B	24.2B	25.4B
Accumulated Other Comprehensive Income	(1.1B)	(733M)	(900M)	(1.1B)	(893.4M)	(848.7M)
Good Will	2.0B	2.1B	2.1B	2.0B	2.8B	1.5B
Other Liab	1.5B	1.5B	1.5B	1.3B	1.5B	820.6M
Other Assets	1.3B	1.3B	1.4B	1.6B	(71.8M)	(68.2M)
Long Term Debt	3.1B	4.0B	3.5B	2.8B	4.2B	4.4B
Common Stock	3.2B	3.3B	3.4B	3.3B	3.3B	3.5B
Property Plant Equipment	10.1B	10.4B	10.0B	9.8B	11.2B	6.4B
Common Stock Total Equity	3.6B	3.4B	3.2B	3.3B	3.8B	3.8B
Net Tangible Assets	8.4B	8.8B	9.2B	8.5B	9.7B	8.7B
Deferred Long Term Liab	683M	694M	668M	679M	780.9M	559.1M
Long Term Investments	1.2B	947M	1.6B	1.4B	1.2B	1.3B
Short Long Term Debt	106M	129M	455M	662M	1.3B	1.4B
Short Term Investments	113M	314M	724M	316.8M	285.1M	564.5M
Long Term Debt Total	3.1B	4.0B	3.5B	2.8B	3.3B	3.4B

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.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

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:

How To Invest In Magna

Details

Is Magna Stock a good investment?

Details

What is Magna International's Net Worth?

Details

Largest Automobiles & Components Companies

View

Largest Consumer Discretionary Companies

View

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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Magna Retained Earnings vs Current Deferred Revenue Analysis

Retained Earnings vs Current Deferred Revenue

Retained Earnings vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Retained Earnings

Current Deferred Revenue

Magna International fundamental ratios Correlations

Magna International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Magna International fundamental ratios Accounts

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets
Inventory	+ 0.99	Total Current Liabilities
Accounts Payable	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.99	Property Plant And Equipment Net

Common Stock Shares Outstanding	- 0.43	Net Debt
Other Stockholder Equity	- 0.36	Retained Earnings
Other Stockholder Equity	- 0.35	Non Current Liabilities Total
Other Stockholder Equity	- 0.34	Net Debt
Other Current Assets	- 0.34	Other Current Liab
Other Stockholder Equity	- 0.34	Short Long Term Debt Total