Magna International
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Magna International's balance sheet done over the years? Its assets were worth $32,255,000,000 last year, which is more than in the previous period. 62% of Magna International’s total assets is currently financed by debt. Its liabilities reached the amount of $19,978,000,000, which means an increase by 21% compared compared to last year.
Debt to Assets
| 2014 | 18139000000 | 9.46B | 52.19% |
|---|---|---|---|
| 2015 | 19706000000 | 10.58B | 53.73% |
| 2016 | 22566000000 | 12.34B | 54.72% |
| 2017 | 25393000000 | 13.66B | 53.8% |
| 2018 | 25945000000 | 14.78B | 56.99% |
| 2019 | 25790000000 | 14.65B | 56.84% |
| 2020 | 28605000000 | 16.88B | 59.03% |
| 2021 | 29086000000 | 16.86B | 57.97% |
| 2022 | 27789000000 | 16.45B | 59.21% |
| 2023 | 32255000000 | 19.97B | 61.94% |
MGA Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 1.19B | 1.23B | 2.94B | 3.26B | 1.27B | 684M | 726M | 974M | 2.86B | 1.25B |
Short term investments | 316.82M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.57B | 0 |
Net receivables | 7.88B | 6.79B | 6.30B | 6.39B | 5.92B | 6.60B | 6.69B | 6.16B | 5.43B | 5.31B |
Inventory | 4.60B | 4.18B | 3.96B | 3.44B | 3.30B | 3.40B | 3.37B | 2.80B | 2.56B | 2.75B |
Other current assets | 352M | 320M | 278M | 260M | 238M | 1.14B | 237M | 220M | 278M | 772M |
Total current assets | 14.03B | 12.52B | 13.50B | 13.36B | 10.74B | 11.83B | 11.22B | 10.16B | 11.14B | 10.00B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 11.30B | 9.76B | 9.99B | 10.38B | 10.07B | 8.09B | 8.14B | 7.02B | 6.00B | 5.66B |
Goodwill | 2.76B | 2.03B | 2.12B | 2.09B | 1.97B | 1.97B | 2.09B | 1.92B | 1.34B | 1.35B |
Intangible assets | 876M | 452M | 493M | 481M | 484M | 560M | 650M | 621M | 112M | 144M |
Long term investments | 1.27B | 1.28B | 1.38B | 947M | 1.21B | 2.18B | 2.08B | 1.85B | 399M | 419M |
Other non-current assets | 1.38B | 1.23B | 1.16B | 963M | 996M | 992M | 959M | 719M | 431M | 408M |
Total non-current assets | 18.21B | 15.26B | 15.58B | 15.23B | 15.04B | 14.11B | 14.17B | 12.40B | 8.56B | 8.13B |
Total assets | 32.25B | 27.78B | 29.08B | 28.60B | 25.79B | 25.94B | 25.39B | 22.56B | 19.70B | 18.13B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 2.50B | 0 | 0 | 0 | 0 |
Short term debt | 1.72B | 938M | 729M | 370M | 331M | 1.29B | 367M | 762M | 236M | 213M |
Total current liabilities | 13.23B | 10.99B | 10.40B | 9.74B | 8.52B | 10.30B | 9.16B | 8.69B | 7.27B | 7.61B |
| Non-current liabilities: | ||||||||||
Long term debt | 5.49B | 4.13B | 4.94B | 5.62B | 4.66B | 3.1B | 3.19B | 2.39B | 2.36B | 835M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 844.14M | 802M | 949M | 1.00B | 974M | 875M | 1.31B | 953M | 813M | 1.02B |
Total non-current liabilities | 6.74B | 5.45B | 6.46B | 7.14B | 6.13B | 4.48B | 4.49B | 3.65B | 3.31B | 1.85B |
Total liabilities | 19.97B | 16.45B | 16.86B | 16.88B | 14.65B | 14.78B | 13.66B | 12.34B | 10.58B | 9.46B |