Magna Common Stock vs Other Stockholder Equity Analysis

MGA Stock  USD 49.12  0.42  0.86%   
Magna International financial indicator trend analysis is infinitely more than just investigating Magna International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Magna International is a good investment. Please check the relationship between Magna International Common Stock and its Other Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For information on how to trade Magna Stock refer to our How to Trade Magna Stock guide.

Common Stock vs Other Stockholder Equity

Common Stock vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magna International Common Stock account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between Magna International's Common Stock and Other Stockholder Equity is 0.31. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Magna International, assuming nothing else is changed. The correlation between historical values of Magna International's Common Stock and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Magna International are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock i.e., Magna International's Common Stock and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock

Other Stockholder Equity

Most indicators from Magna International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Magna International current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For information on how to trade Magna Stock refer to our How to Trade Magna Stock guide.At present, Magna International's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 416.4 M, whereas Selling General Administrative is forecasted to decline to about 1.3 B.
 2021 2022 2023 2024 (projected)
Interest Expense122M126M242M254.1M
Depreciation And Amortization1.7B1.4B1.8B1.9B

Magna International fundamental ratios Correlations

0.880.780.980.740.980.780.980.980.760.960.110.90.980.22-0.260.990.960.720.40.370.370.980.80.860.83
0.880.670.850.450.930.940.890.930.660.75-0.340.980.850.03-0.340.950.770.770.320.280.280.810.860.710.73
0.780.670.760.550.790.510.720.740.480.750.150.70.8-0.34-0.210.770.790.430.230.510.510.790.750.630.55
0.980.850.760.670.940.780.930.960.680.970.150.830.990.26-0.250.970.950.810.40.270.270.990.830.810.74
0.740.450.550.670.680.30.750.670.840.760.40.540.70.38-0.120.640.790.240.390.440.440.730.370.90.88
0.980.930.790.940.680.830.970.990.760.9-0.030.950.960.12-0.30.990.920.70.360.360.360.940.830.830.82
0.780.940.510.780.30.830.790.870.580.67-0.430.880.770.06-0.340.860.610.840.35-0.07-0.070.740.810.640.62
0.980.890.720.930.750.970.790.980.80.920.030.920.940.22-0.360.970.930.670.330.360.360.940.760.860.88
0.980.930.740.960.670.990.870.980.780.92-0.030.930.960.17-0.290.990.90.750.420.260.260.950.820.850.83
0.760.660.480.680.840.760.580.80.780.68-0.030.720.730.31-0.110.730.70.390.480.260.260.710.580.880.91
0.960.750.750.970.760.90.670.920.920.680.320.760.960.29-0.210.920.960.690.410.290.290.990.70.830.76
0.11-0.340.150.150.4-0.03-0.430.03-0.03-0.030.32-0.290.130.30.35-0.040.3-0.150.210.210.210.21-0.220.08-0.01
0.90.980.70.830.540.950.880.920.930.720.76-0.290.840.01-0.350.940.790.640.30.380.380.810.80.750.81
0.980.850.80.990.70.960.770.940.960.730.960.130.840.21-0.260.970.950.760.370.30.30.990.860.820.75
0.220.03-0.340.260.380.120.060.220.170.310.290.30.010.210.040.160.270.30.18-0.1-0.10.24-0.060.280.29
-0.26-0.34-0.21-0.25-0.12-0.3-0.34-0.36-0.29-0.11-0.210.35-0.35-0.260.04-0.31-0.21-0.220.67-0.06-0.06-0.23-0.23-0.24-0.29
0.990.950.770.970.640.990.860.970.990.730.92-0.040.940.970.16-0.310.920.770.370.330.330.960.850.820.8
0.960.770.790.950.790.920.610.930.90.70.960.30.790.950.27-0.210.920.620.350.510.510.970.730.810.79
0.720.770.430.810.240.70.840.670.750.390.69-0.150.640.760.3-0.220.770.620.36-0.11-0.110.730.80.530.41
0.40.320.230.40.390.360.350.330.420.480.410.210.30.370.180.670.370.350.36-0.07-0.070.410.30.480.38
0.370.280.510.270.440.36-0.070.360.260.260.290.210.380.3-0.1-0.060.330.51-0.11-0.071.00.30.230.270.37
0.370.280.510.270.440.36-0.070.360.260.260.290.210.380.3-0.1-0.060.330.51-0.11-0.071.00.30.230.270.37
0.980.810.790.990.730.940.740.940.950.710.990.210.810.990.24-0.230.960.970.730.410.30.30.80.830.76
0.80.860.750.830.370.830.810.760.820.580.7-0.220.80.86-0.06-0.230.850.730.80.30.230.230.80.610.52
0.860.710.630.810.90.830.640.860.850.880.830.080.750.820.28-0.240.820.810.530.480.270.270.830.610.94
0.830.730.550.740.880.820.620.880.830.910.76-0.010.810.750.29-0.290.80.790.410.380.370.370.760.520.94
Click cells to compare fundamentals

Magna International Account Relationship Matchups

Magna International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.8B28.6B29.1B27.8B32.1B33.7B
Short Long Term Debt Total5.0B6.0B5.7B5.1B7.2B7.5B
Other Current Liab2.6B3.1B3.2B3.1B3.5B3.7B
Total Current Liabilities8.5B9.7B10.4B11.0B13.2B13.8B
Total Stockholder Equity10.8B11.4B11.8B10.9B11.8B6.4B
Property Plant And Equipment Net10.1B10.4B10.0B9.8B11.3B11.9B
Net Debt3.7B2.7B2.7B3.8B6.0B6.3B
Retained Earnings8.6B8.7B9.2B8.6B9.3B9.7B
Non Current Assets Total15.0B15.2B15.6B15.3B18.1B19.0B
Non Currrent Assets Other996M963M1.2B1.2B970.3M512.8M
Net Receivables5.9B6.4B6.3B6.8B7.8B8.2B
Common Stock Shares Outstanding315.8M300.4M302.8M291.2M286.6M356.6M
Liabilities And Stockholders Equity25.8B28.6B29.1B27.8B32.1B33.7B
Non Current Liabilities Total6.1B7.1B6.5B5.5B6.7B7.0B
Inventory3.3B3.4B4.0B4.2B4.6B4.8B
Other Current Assets1.1B238M260M320M350.2M192.3M
Other Stockholder Equity127M128M102M111M124.4M118.1M
Total Liab14.7B16.9B16.9B16.5B19.9B20.9B
Total Current Assets10.7B13.4B13.5B12.5B14.0B14.7B
Short Term Debt331M370M729M938M1.7B1.8B
Intangible Assets484M481M493M452M876M502.0M
Cash1.3B3.3B2.9B1.2B1.2B1.4B
Cash And Short Term Investments1.3B3.3B2.9B1.2B1.2B1.4B
Accounts Payable5.6B6.3B6.5B7.0B7.8B8.2B
Property Plant And Equipment Gross10.1B10.4B22.0B21.8B24.2B25.4B
Accumulated Other Comprehensive Income(1.1B)(733M)(900M)(1.1B)(893.4M)(848.7M)
Good Will2.0B2.1B2.1B2.0B2.8B1.5B
Other Liab1.5B1.5B1.5B1.3B1.5B820.6M
Other Assets1.3B1.3B1.4B1.6B1.00.95
Long Term Debt3.1B4.0B3.5B2.8B4.2B4.4B
Common Stock3.2B3.3B3.4B3.3B3.3B3.5B
Property Plant Equipment10.1B10.4B10.0B9.8B11.2B6.4B
Common Stock Total Equity3.6B3.4B3.2B3.3B3.8B3.8B
Net Tangible Assets8.4B8.8B9.2B8.5B9.7B8.7B
Deferred Long Term Liab683M694M668M679M780.9M559.1M
Long Term Investments1.2B947M1.6B1.4B1.2B1.3B
Short Long Term Debt106M129M455M662M1.3B1.4B
Long Term Debt Total3.1B4.0B3.5B2.8B3.3B3.4B

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When determining whether Magna International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magna International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magna International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magna International Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For information on how to trade Magna Stock refer to our How to Trade Magna Stock guide.
Note that the Magna International information on this page should be used as a complementary analysis to other Magna International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Magna International's price analysis, check to measure Magna International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magna International is operating at the current time. Most of Magna International's value examination focuses on studying past and present price action to predict the probability of Magna International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magna International's price. Additionally, you may evaluate how the addition of Magna International to your portfolios can decrease your overall portfolio volatility.
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Is Magna International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magna International. If investors know Magna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magna International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.882
Dividend Share
1.855
Earnings Share
4.23
Revenue Per Share
149.535
Quarterly Revenue Growth
0.093
The market value of Magna International is measured differently than its book value, which is the value of Magna that is recorded on the company's balance sheet. Investors also form their own opinion of Magna International's value that differs from its market value or its book value, called intrinsic value, which is Magna International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magna International's market value can be influenced by many factors that don't directly affect Magna International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magna International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magna International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magna International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.