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Magna International (Magna International) Debt-to-Revenue : 0.17 (As of Dec. 2023)


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What is Magna International Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Magna International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,729 Mil. Magna International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,494 Mil. Magna International's annualized Revenue for the quarter that ended in Dec. 2023 was $41,816 Mil. Magna International's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.17.


Magna International Debt-to-Revenue Historical Data

The historical data trend for Magna International's Debt-to-Revenue 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 Debt-to-Revenue Chart

Magna International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.18 0.16 0.13 0.17

Magna International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Revenue 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 0.13 0.16 0.17 0.17 0.17

Competitive Comparison of Magna International's Debt-to-Revenue

For the Auto Parts subindustry, Magna International's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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 Debt-to-Revenue Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Magna International's Debt-to-Revenue falls into.



Magna International Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Magna International's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1729 + 5494) / 42797
=0.17

Magna International's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1729 + 5494) / 41816
=0.17

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.


Magna International Debt-to-Revenue Related Terms

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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%.