Magna International (Magna International) Other Long Term Assets : $1,974 Mil (As of Dec. 2023)

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What is Magna International Other Long Term Assets?

Magna International's other long-term assets for the quarter that ended in Dec. 2023 was $1,974 Mil.

Magna International's quarterly other long-term assets increased from Jun. 2023 ($1,784 Mil) to Sep. 2023 ($1,866 Mil) and increased from Sep. 2023 ($1,866 Mil) to Dec. 2023 ($1,974 Mil).

Magna International's annual other long-term assets increased from Dec. 2021 ($1,587 Mil) to Dec. 2022 ($1,726 Mil) and increased from Dec. 2022 ($1,726 Mil) to Dec. 2023 ($1,974 Mil).

Magna International Other Long Term Assets Historical Data

The historical data trend for Magna International's Other Long Term Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Magna International Other Long Term Assets Chart

Magna International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Long Term Assets

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1,304.00

1,335.00

1,587.00

1,726.00

1,974.00

Magna International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Long Term Assets	Get a 7-Day Free Trial															1,726.00	1,776.00	1,784.00	1,866.00	1,974.00

Magna International Other Long Term Assets Calculation

GuruFocus lists Investments And Advances, Intangible Assets, Property, Plant and Equipment and Other Long Term Assets under the "Total Long-Term Assets" section.

Other Long Term Assets includes following items:
Investment in Properties
Non-current Accounts Receivable
Non-current Note Receivables
Non-current Deferred Assets
Non-current Prepaid Assets
Defined Pension Benefit
Other (too numerous to list)
Some companies can do choose to report each of these items separately. Yet, there are a variety of Other Long Term Assets which are simply too numerous to list.

Magna International (Magna International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Magna International Inc (NYSE:MGA) » Definitions » Other Long Term Assets

Comparable Companies

Traded in Other Exchanges

MGA N:Mexico MGA:Germany MGA:Germany MG:Canada

Address

337 Magna Drive, Aurora, ON, CAN, L4G 7K1

Website

https://www.magna.com

Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. In 2022, roughly 50% of Magna's revenue came from North America while Europe accounted for approximately 38%.