Magna Historical Income Statement
MGA Stock | USD 45.21 0.60 1.34% |
Historical analysis of Magna International income statement accounts such as Gross Profit of 2.9 B can show how well Magna International performed in making a profits. Evaluating Magna International income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Magna International's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Magna International latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Magna International is a good buy for the upcoming year.
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About Magna Income Statement Analysis
Magna International Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Magna International shareholders. The income statement also shows Magna investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Magna International Income Statement Chart
Magna International Income Statement is one of the three primary financial statements used for reporting Magna's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Magna International revenue and expense. Magna International Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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. Add Fundamental
Total Revenue
Total revenue comprises all receipts Magna International generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Magna International minus its cost of goods sold. It is profit before Magna International operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Magna International. It is also known as Magna International overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Magna International operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Magna International is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.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 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 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) | ||
Depreciation And Amortization | 1.3B | 1.4B | 1.7B | 1.4B | 1.8B | 1.9B | |
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 | |
Other Operating Expenses | 37.1B | 31.2B | 34.3B | 36.3B | 41.4B | 43.5B | |
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 | |
Total Operating Expenses | 3.0B | 3.0B | 3.2B | 3.1B | 2.1B | 1.7B | |
Income Before Tax | 2.2B | 1.0B | 1.9B | 878M | 1.6B | 1.1B | |
Total Other Income Expense Net | (344M) | (689M) | 110M | (829M) | (581.5M) | (552.4M) | |
Net Income | 1.8B | 757M | 1.5B | 592M | 1.2B | 791.8M | |
Income Tax Expense | 591M | 329M | 395M | 237M | 325.9M | 302.3M | |
Selling General Administrative | 1.7B | 1.6B | 1.7B | 1.7B | 2.0B | 1.3B | |
Net Income Applicable To Common Shares | 1.8B | 757M | 1.5B | 592M | 680.8M | 1.2B | |
Minority Interest | 300M | 350M | (39M) | (49M) | (62M) | (58.9M) | |
Net Income From Continuing Ops | 1.6B | 677M | 1.6B | 641M | 1.1B | 1.2B | |
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 | |
Research Development | 654.9M | 873.8M | 628.4M | 623.3M | 877.8M | 717.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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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 (0.96) | Dividend Share 1.87 | Earnings Share 3.53 | Revenue Per Share 150.468 | Quarterly Revenue Growth 0.028 |
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.