Magna International Inc (MG.TO)
65.87
-0.01
(-0.02%)
CAD |
TSX |
Apr 18, 16:00
Magna International Debt to Equity Ratio: 0.4632 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.4632 |
| September 30, 2023 | 0.4864 |
| June 30, 2023 | 0.5081 |
| March 31, 2023 | 0.4665 |
| December 31, 2022 | 0.3209 |
| September 30, 2022 | 0.3276 |
| June 30, 2022 | 0.3205 |
| March 31, 2022 | 0.3118 |
| December 31, 2021 | 0.3374 |
| September 30, 2021 | 0.3403 |
| June 30, 2021 | 0.3365 |
| March 31, 2021 | 0.3487 |
| December 31, 2020 | 0.3608 |
| September 30, 2020 | 0.3851 |
| June 30, 2020 | 0.4245 |
| March 31, 2020 | 0.3035 |
| December 31, 2019 | 0.2925 |
| September 30, 2019 | 0.3367 |
| June 30, 2019 | 0.2938 |
| March 31, 2019 | 0.3065 |
| December 31, 2018 | 0.4096 |
| September 30, 2018 | 0.4206 |
| June 30, 2018 | 0.3909 |
| March 31, 2018 | 0.3057 |
| December 31, 2017 | 0.3178 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.3395 |
| June 30, 2017 | 0.3196 |
| March 31, 2017 | 0.2933 |
| December 31, 2016 | 0.3231 |
| September 30, 2016 | 0.335 |
| June 30, 2016 | 0.3479 |
| March 31, 2016 | 0.3343 |
| December 31, 2015 | 0.2859 |
| September 30, 2015 | 0.1844 |
| June 30, 2015 | 0.1149 |
| March 31, 2015 | 0.1217 |
| December 31, 2014 | 0.1184 |
| September 30, 2014 | 0.119 |
| June 30, 2014 | 0.1141 |
| March 31, 2014 | 0.0353 |
| December 31, 2013 | 0.0388 |
| September 30, 2013 | 0.0356 |
| June 30, 2013 | 0.0386 |
| March 31, 2013 | 0.0402 |
| December 31, 2012 | 0.0458 |
| September 30, 2012 | 0.0446 |
| June 30, 2012 | 0.044 |
| March 31, 2012 | 0.0442 |
| December 31, 2011 | 0.0285 |
| September 30, 2011 | 0.0242 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.2925
Minimum
Dec 2019
0.5081
Maximum
Jun 2023
0.3666
Average
0.3374
Median
Dec 2021
Debt to Equity Ratio Benchmarks
| Westport Fuel Systems Inc | 0.3753 |
| Linamar Corp | 0.333 |
| Dorel Industries Inc | 1.081 |
| Aether Catalyst Solutions Inc | -- |
| SWMBRD Sports Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 42.77B |
| Total Liabilities (Quarterly) | 26.49B |
| Shareholders Equity (Quarterly) | 15.76B |
| Current Ratio | 1.061 |
| Net Debt Paydown Yield | -2.34% |