Magna International (FRA:MGA) Net Interest Income : €-173 Mil (TTM As of Mar. 2024)

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What is Magna International Net Interest Income?

Net interest income is the total interest income minus total interest expense. It represents the difference between interest and dividends earned on interestbearing assets and interest paid to depositors and other creditors. Magna International's net interest income for the three months ended in Mar. 2024 was €-47 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was €-173 Mil.

Magna International Net Interest Income Historical Data

The historical data trend for Magna International's Net Interest 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.

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Magna International Net Interest Income Chart

Magna International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Interest Income

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-73.80

-70.69

-69.03

-76.46

-143.05

Magna International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Interest Income	Get a 7-Day Free Trial															-18.68	-31.38	-45.91	-48.60	-46.92

Magna International Net Interest Income Calculation

Net Interest Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-173 Mil.

Magna International Net Interest Income Related Terms

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Magna International (FRA:MGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Magna International Inc (FRA:MGA) » Definitions » Net Interest Income

Comparable Companies

Traded in Other Exchanges

MGA:USA MGA N:Mexico 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%.