Magna International Inc

Common Name

Magna International

Country

Canada

Sector

Consumer Cyclical

Industry

Auto Parts

Employees

164,000

Ticker

Exchange

TORONTO STOCK EXCHANGE

Website

www.magna.com

Description

Magna International Inc. is a leading global automotive supplier that develops and manufactures a wide range of vehicles and systems for automakers around the world. With expertise in systems integrat... Show more

Financial Statements of Magna International

Below are the financial statements of Magna International, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in billions of USD	2024	2023
Current assets	—	—
Cash and cash equivalents	1.25^a	1.2^a
Accounts receivable	7.38^a	7.88^a
Inventories	4.15^a	4.61^a
Prepaid expenses and other	0.34^a	0.35^a
Assets	—	—
Investments	1.05^a	1.27^a
Fixed assets, net	9.58^a	9.62^a
Operating lease right-of-use assets	1.94^a	1.74^a
Intangible assets, net	0.74^a	0.88^a
Goodwill	2.67^a	2.77^a
Other assets	1.12^a	1.32^a
Deferred tax assets	0.82^a	0.62^a
Current liabilities	—	—
Short-term borrowing	0.27^a	0.51^a
Accounts payable	7.19^a	7.84^a
Other accrued liabilities	2.57^a	2.63^a
Accrued salaries and wages	0.87^a	0.91^a
Income taxes payable	0.19^a	0.13^a
Long-term debt due within one year	0.71^a	0.82^a
Current portion of operating lease liabilities	0.29^a	0.4^a
Liabilities and shareholders’ equity	—	—
Long-term debt	4.13^a	4.18^a
Operating lease liabilities	1.66^a	1.32^a
Long-term employee benefit liabilities	0.53^a	0.59^a
Other long-term liabilities	0.4^a	0.48^a
Deferred tax liabilities	0.28^a	0.18^a
Shareholders’ equity	—	—
Common shares	3.36^a	3.35^a
Contributed surplus	0.15^a	0.13^a
Retained earnings	9.6^a	9.3^a
Accumulated other comprehensive loss	-1.58^a	-0.9^a
Non-controlling interests	0.42^a	0.39^a

Verified Sources Behind Magna International’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Magna International’s data sources below and access millions more through our Disclosure Search.

a. Magna International's Annual Report 2024

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Magna International Inc

Financial Statements of Magna International

Verified Sources Behind Magna International’s Financial Fundamentals Data

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