Magna International (MGA)
Add to Watchlists Create an AlertMagna International Current Ratio:
1.367 for Sept. 30, 2012Magna International Historical Current Ratio Data
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| Data for this Date Range | |
|---|---|
| Dec. 31, 2012 | 1.367 |
| Sept. 30, 2012 | 1.429 |
| June 30, 2012 | 1.429 |
| March 31, 2012 | 1.385 |
| Dec. 31, 2011 | 1.423 |
| Sept. 30, 2011 | 1.463 |
| June 30, 2011 | 1.548 |
| March 31, 2011 | 1.484 |
| Dec. 31, 2010 | 1.503 |
| Sept. 30, 2010 | 1.496 |
| June 30, 2010 | 1.544 |
| March 31, 2010 | 1.526 |
| Dec. 31, 2009 | 1.466 |
| Sept. 30, 2009 | 1.423 |
| June 30, 2009 | 1.463 |
| March 31, 2009 | 1.505 |
| Dec. 31, 2008 | 1.443 |
| Sept. 30, 2008 | 1.518 |
| June 30, 2008 | 1.541 |
| March 31, 2008 | Go Pro |
| Dec. 31, 2007 | Go Pro |
| Sept. 30, 2007 | Go Pro |
| June 30, 2007 | Go Pro |
| March 31, 2007 | Go Pro |
| Dec. 31, 2006 | Go Pro |
| Sept. 30, 2006 | Go Pro |
| June 30, 2006 | Go Pro |
| March 31, 2006 | Go Pro |
| Dec. 31, 2005 | Go Pro |
| Sept. 30, 2005 | Go Pro |
| June 30, 2005 | Go Pro |
| March 31, 2005 | Go Pro |
| Dec. 31, 2004 | Go Pro |
| Sept. 30, 2004 | Go Pro |
| June 30, 2004 | Go Pro |
| March 31, 2004 | Go Pro |
| Dec. 31, 2003 | Go Pro |
| Sept. 30, 2003 | Go Pro |
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| Dec. 31, 2002 | Go Pro |
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| June 30, 2001 | Go Pro |
| March 31, 2001 | Go Pro |
| Dec. 31, 2000 | Go Pro |
| Sept. 30, 2000 | Go Pro |
About Current Ratio
The current ratio measures a company's ability to pay short-term debts and other current liabilities (financial obligations lasting less than one year) by comparing current assets to current liabilities. The ratio illustrates a company's ability to remain solvent.
A current ratio of one means that book value of current assets is exactly the same as book value of current liabilities. In general, investors look for a company with a current ratio of 2:1, meaning current assets twice as large as current liabilities. A current ratio less than one indicates the company might have problems meeting short-term financial obligations. If the ratio is too high, the company may not be efficiently using its current assets or short term financing facilities.
Other similar solvency ratios include :
Cash Ratio - Measures the amount of cash that can be used to pay liabilities (most strict)
Quick Ratio - Measures the amount of cash, short term equivalents, and accounts receivables that can be used to pay liabilities (more lenient than cash ratio, but stricter than current ratio)
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MGA Current Ratio Benchmarks
| Companies | |
|---|---|
| Dana | 2.245 |
| American Axle & Mfg | 1.544 |
| Gentherm | 1.927 |
MGA Current Ratio Rankings
| Overall |
59th percentile 3282 of 8009 |
| Sector |
42nd percentile 414 of 725 in Consumer Cyclical |
| Industry |
34th percentile 32 of 49 in Auto Parts |
MGA Current Ratio Range, Past 5 Years
| Minimum | 1.367 | Dec 2012 |
| Maximum | 1.548 | Jun 2011 |
| Average | 1.471 |
