Magna International (Magna International) Other Long-Term Liabilities : $252 Mil (As of Dec. 2023)

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What is Magna International Other Long-Term Liabilities?

Magna International's other long-term liabilities for the quarter that ended in Dec. 2023 was $252 Mil.

Magna International's quarterly other long-term liabilities increased from Jun. 2023 ($448 Mil) to Sep. 2023 ($453 Mil) but then declined from Sep. 2023 ($453 Mil) to Dec. 2023 ($252 Mil).

Magna International's annual other long-term liabilities increased from Dec. 2021 ($249 Mil) to Dec. 2022 ($254 Mil) but then declined from Dec. 2022 ($254 Mil) to Dec. 2023 ($252 Mil).

Magna International Other Long-Term Liabilities Historical Data

The historical data trend for Magna International's Other Long-Term Liabilities 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 Liabilities Chart

Magna International Annual Data

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Other Long-Term Liabilities

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Magna International Quarterly Data
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Magna International Other Long-Term Liabilities Calculation

Other Long-Term Liabilities are the other liabilities on the balance sheet that do not need to be repaid within the next 12 months, but still need to be repaid over time. For instance, on Wal-Mart's balance sheet, there are items called Long Term obligations under capital leases, deferred income taxes, and redeemable non-controlling interest. These are all Other Long-Term Liabilities.

Magna International Other Long-Term Liabilities Related Terms

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Magna International (Magna International) Business Description

Industry

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

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%.