Magna Income Statement Research

MGA Stock

USD 49.77 0.46 0.93%

Most accounts from Magna International's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Magna International Valuation and Magna International Correlation analysis.

For information on how to trade Magna Stock refer to our How to Trade Magna Stock guide.

At present, Magna International's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 254.1 M, whereas Gross Profit is forecasted to decline to about 2.9 B.

For information on how to trade Magna Stock refer to our How to Trade Magna Stock guide.At present, Magna International's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 254.1 M, whereas Gross Profit is forecasted to decline to about 2.9 B.

	2021	2022	2023	2024 (projected)
Interest Expense	122M	126M	242M	254.1M
Depreciation And Amortization	1.7B	1.4B	1.8B	1.9B

Interest Expense Depreciation And Amortization

Magna International income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Minority Interest	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Tax Provision	Extraordinary Items	Net Interest Income	Interest Income	Research Development	Reconciled Depreciation
Depreciation And Amortization		0.87	0.85	0.51	0.86	0.35	0.35	0.78	0.87	0.57	0.17	-0.53	0.15	0.16	0.71	-0.04	0.73	0.15	-0.56	-0.72	-0.81	-0.41	0.76	0.71	0.82
Interest Expense	0.87		0.65	0.15	0.66	0.12	0.11	0.6	0.68	0.12	-0.05	-0.61	-0.09	-0.01	0.39	-0.13	0.73	-0.08	-0.81	-0.71	-0.76	-0.71	0.94	0.79	0.84
Total Revenue	0.85	0.65		0.76	1.0	0.67	0.67	0.93	1.0	0.72	0.54	-0.23	0.52	0.5	0.89	0.14	0.58	0.56	-0.39	-0.36	-0.56	-0.29	0.49	0.4	0.45
Gross Profit	0.51	0.15	0.76		0.74	0.92	0.92	0.83	0.72	0.93	0.82	0.14	0.81	0.78	0.88	0.5	0.46	0.76	0.27	-0.06	-0.4	0.32	-0.09	0.04	0.06
Other Operating Expenses	0.86	0.66	1.0	0.74		0.64	0.64	0.92	1.0	0.72	0.5	-0.26	0.49	0.47	0.89	0.11	0.58	0.53	-0.4	-0.39	-0.57	-0.3	0.5	0.42	0.47
Operating Income	0.35	0.12	0.67	0.92	0.64		1.0	0.83	0.62	0.71	0.94	0.32	0.92	0.93	0.73	0.62	0.44	0.84	0.22	0.18	-0.27	0.23	-0.14	-0.06	-0.14
Ebit	0.35	0.11	0.67	0.92	0.64	1.0		0.82	0.62	0.71	0.94	0.33	0.93	0.92	0.74	0.62	0.43	0.85	0.22	0.18	-0.27	0.23	-0.15	-0.06	-0.14
Ebitda	0.78	0.6	0.93	0.83	0.92	0.83	0.82		0.91	0.71	0.71	-0.06	0.69	0.71	0.81	0.38	0.69	0.66	-0.29	-0.23	-0.6	-0.17	0.37	0.33	0.35
Cost Of Revenue	0.87	0.68	1.0	0.72	1.0	0.62	0.62	0.91		0.68	0.49	-0.27	0.48	0.46	0.88	0.09	0.58	0.52	-0.44	-0.38	-0.56	-0.34	0.53	0.43	0.48
Total Operating Expenses	0.57	0.12	0.72	0.93	0.72	0.71	0.71	0.71	0.68		0.58	-0.05	0.58	0.54	0.86	0.35	0.42	0.55	0.3	-0.26	-0.45	0.39	-0.07	0.12	0.2
Income Before Tax	0.17	-0.05	0.54	0.82	0.5	0.94	0.94	0.71	0.49	0.58		0.6	0.99	0.95	0.59	0.59	0.27	0.95	0.25	0.43	-0.05	0.26	-0.27	-0.28	-0.31
Total Other Income Expense Net	-0.53	-0.61	-0.23	0.14	-0.26	0.32	0.33	-0.06	-0.27	-0.05	0.6		0.62	0.48	-0.12	0.27	-0.38	0.64	0.46	0.85	0.59	0.39	-0.63	-0.76	-0.69
Net Income	0.15	-0.09	0.52	0.81	0.49	0.92	0.93	0.69	0.48	0.58	0.99	0.62		0.92	0.59	0.57	0.22	0.96	0.27	0.46	-0.02	0.27	-0.3	-0.3	-0.33
Income Tax Expense	0.16	-0.01	0.5	0.78	0.47	0.93	0.92	0.71	0.46	0.54	0.95	0.48	0.92		0.52	0.65	0.38	0.86	0.22	0.37	-0.11	0.27	-0.27	-0.22	-0.3
Selling General Administrative	0.71	0.39	0.89	0.88	0.89	0.73	0.74	0.81	0.88	0.86	0.59	-0.12	0.59	0.52		0.15	0.42	0.58	-0.03	-0.3	-0.43	-0.02	0.23	0.3	0.3
Minority Interest	-0.04	-0.13	0.14	0.5	0.11	0.62	0.62	0.38	0.09	0.35	0.59	0.27	0.57	0.65	0.15		0.38	0.5	0.36	0.31	-0.28	0.4	-0.43	-0.05	-0.35
Discontinued Operations	0.73	0.73	0.58	0.46	0.58	0.44	0.43	0.69	0.58	0.42	0.27	-0.38	0.22	0.38	0.42	0.38		0.15	-0.33	-0.57	-0.85	-0.18	0.52	0.58	0.62
Net Income From Continuing Ops	0.15	-0.08	0.56	0.76	0.53	0.84	0.85	0.66	0.52	0.55	0.95	0.64	0.96	0.86	0.58	0.5	0.15		0.18	0.49	0.03	0.2	-0.26	-0.35	-0.33
Non Recurring	-0.56	-0.81	-0.39	0.27	-0.4	0.22	0.22	-0.29	-0.44	0.3	0.25	0.46	0.27	0.22	-0.03	0.36	-0.33	0.18		0.39	0.33	0.89	-0.87	-0.55	-0.58
Tax Provision	-0.72	-0.71	-0.36	-0.06	-0.39	0.18	0.18	-0.23	-0.38	-0.26	0.43	0.85	0.46	0.37	-0.3	0.31	-0.57	0.49	0.39		0.74	0.33	-0.7	-0.8	-0.91
Extraordinary Items	-0.81	-0.76	-0.56	-0.4	-0.57	-0.27	-0.27	-0.6	-0.56	-0.45	-0.05	0.59	-0.02	-0.11	-0.43	-0.28	-0.85	0.03	0.33	0.74		0.21	-0.58	-0.71	-0.76
Net Interest Income	-0.41	-0.71	-0.29	0.32	-0.3	0.23	0.23	-0.17	-0.34	0.39	0.26	0.39	0.27	0.27	-0.02	0.4	-0.18	0.2	0.89	0.33	0.21		-0.76	-0.58	-0.46
Interest Income	0.76	0.94	0.49	-0.09	0.5	-0.14	-0.15	0.37	0.53	-0.07	-0.27	-0.63	-0.3	-0.27	0.23	-0.43	0.52	-0.26	-0.87	-0.7	-0.58	-0.76		0.7	0.85
Research Development	0.71	0.79	0.4	0.04	0.42	-0.06	-0.06	0.33	0.43	0.12	-0.28	-0.76	-0.3	-0.22	0.3	-0.05	0.58	-0.35	-0.55	-0.8	-0.71	-0.58	0.7		0.78
Reconciled Depreciation	0.82	0.84	0.45	0.06	0.47	-0.14	-0.14	0.35	0.48	0.2	-0.31	-0.69	-0.33	-0.3	0.3	-0.35	0.62	-0.33	-0.58	-0.91	-0.76	-0.46	0.85	0.78

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Magna International Account Relationship Matchups

Magna International income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	104M	105M	122M	126M	242M	254.1M
Total Revenue	39.4B	32.6B	36.2B	37.8B	43.6B	45.8B
Gross Profit	5.4B	4.4B	5.1B	4.7B	4.3B	2.9B
Operating Income	2.6B	1.7B	1.9B	1.7B	2.2B	1.2B
Ebit	2.6B	1.7B	1.9B	1.7B	2.2B	1.2B
Ebitda	3.9B	3.1B	3.6B	3.1B	4.0B	4.2B
Cost Of Revenue	34.0B	28.2B	31.1B	33.2B	39.3B	41.3B
Income Before Tax	2.2B	1.0B	1.9B	878M	1.6B	1.1B
Net Income	1.8B	757M	1.5B	592M	1.2B	791.8M
Income Tax Expense	591M	329M	395M	237M	325.9M	302.3M
Minority Interest	300M	350M	(39M)	(49M)	(62M)	(58.9M)
Tax Provision	591M	329M	395M	237M	343M	416.4M
Net Interest Income	(82M)	(86M)	(78M)	(81M)	(120M)	(126M)
Interest Income	22M	19M	44M	45M	86M	90.3M

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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:

How To Invest In Magna

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Is Magna Stock a good investment?

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What is Magna International's Net Worth?

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Check out Magna International Valuation and Magna International Correlation analysis.

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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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.

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Magna Income Statement Research

Magna International income statement Correlations

Magna International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Magna International income statement Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Magna Stock analysis

COMMON DESTINATIONS

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COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Net Income	+ 0.99	Income Before Tax
Net Income From Continuing Ops	+ 0.96	Net Income

Reconciled Depreciation	- 0.91	Tax Provision
Interest Income	- 0.87	Non Recurring
Extraordinary Items	- 0.85	Discontinued Operations
Non Recurring	- 0.81	Interest Expense
Extraordinary Items	- 0.81	Depreciation And Amortization
Research Development	- 0.8	Tax Provision