GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Magna International Inc (NYSE:MGA) » Definitions » Capex-to-Operating-Income

Magna International (Magna International) Capex-to-Operating-Income : 1.80 (As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Magna International Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Magna International's Capital Expenditure for the three months ended in Dec. 2023 was $-944.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $524.00 Mil.

Hence, Magna International's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 1.80.


Magna International Capex-to-Operating-Income Historical Data

The historical data trend for Magna International's Capex-to-Operating-Income 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.

* Premium members only.

Magna International Capex-to-Operating-Income Chart

Magna International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.77 0.74 1.07 1.25

Magna International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.21 1.11 0.89 1.20 1.80

Competitive Comparison of Magna International's Capex-to-Operating-Income

For the Auto Parts subindustry, Magna International's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Magna International's Capex-to-Operating-Income Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Magna International's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Magna International's Capex-to-Operating-Income falls into.



Magna International Capex-to-Operating-Income Calculation

Magna International's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-2548) / 2038
=1.25

Magna International's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-944) / 524
=1.80

* 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.


Magna International  (NYSE:MGA) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Magna International Capex-to-Operating-Income Related Terms

Thank you for viewing the detailed overview of Magna International's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Magna International (Magna International) Business Description

Traded in Other Exchanges
Address
337 Magna Drive, Aurora, ON, CAN, L4G 7K1
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%.

Magna International (Magna International) Headlines