Magna Income Statement Research
MGA Stock | USD 49.77 0.46 0.93% |
Magna |
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.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 122M | 126M | 242M | 254.1M | Depreciation And Amortization | 1.7B | 1.4B | 1.8B | 1.9B |
Magna International income statement Correlations
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Magna International Account Relationship Matchups
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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 |
Magna International Investors Sentiment
The influence of Magna International's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Magna. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Magna International's public news can be used to forecast risks associated with an investment in Magna. The trend in average sentiment can be used to explain how an investor holding Magna can time the market purely based on public headlines and social activities around Magna International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Magna International's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Magna International's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Magna International's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Magna International.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Magna International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Magna International's short interest history, or implied volatility extrapolated from Magna International options trading.
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Complementary Tools for Magna Stock analysis
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.