Magna International Inc (MG) - Total Assets
Based on the latest financial reports, Magna International Inc (MG) holds total assets worth CA$32.87 Billion CAD (≈ $23.78 Billion USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See MG net assets for net asset value and shareholders' equity analysis.
Magna International Inc - Total Assets Trend (1986–2024)
This chart illustrates how Magna International Inc's total assets have evolved over time, based on quarterly financial data.
Magna International Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Magna International Inc's total assets of CA$32.87 Billion consist of 42.3% current assets and 57.7% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$497.00 Million | 4.0% |
| Accounts Receivable | CA$7.38 Billion | 23.8% |
| Inventory | CA$4.15 Billion | 13.4% |
| Property, Plant & Equipment | CA$11.53 Billion | 37.1% |
| Intangible Assets | CA$738.00 Million | 2.4% |
| Goodwill | CA$2.67 Billion | 8.6% |
Asset Composition Trend (1986–2024)
This chart illustrates how Magna International Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see MG market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Magna International Inc's current assets represent 42.3% of total assets in 2024, an increase from 32.3% in 1986.
- Cash Position: Cash and equivalents constituted 4.0% of total assets in 2024, up from 0.0% in 1986.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 0.0% in 1986.
- Asset Diversification: The largest asset category is property, plant & equipment at 37.1% of total assets.
Magna International Inc Competitors by Total Assets
Key competitors of Magna International Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Mianyang Fulin Precision Machining Co Ltd
SHE:300432
|
China | CN¥13.61 Billion |
|
Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179
|
China | CN¥17.41 Billion |
|
Farasis Energy Gan Zhou Co Ltd
SHG:688567
|
China | CN¥24.52 Billion |
|
Jiangnan Mould & Plastic Technology Co Ltd
SHE:000700
|
China | CN¥7.43 Billion |
|
Zhejiang Jingu Co Ltd
SHE:002488
|
China | CN¥9.43 Billion |
|
Kuangda Technology Group Co Ltd
SHE:002516
|
China | CN¥4.67 Billion |
|
ZYNP Corp
SHE:002448
|
China | CN¥6.14 Billion |
|
Sichuan Chuanhuan Technology Co Ltd
SHE:300547
|
China | CN¥1.59 Billion |
Magna International Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.18 | 1.14 | 1.37 |
| Quick Ratio | 0.83 | 0.77 | 1.02 |
| Cash Ratio | 0.05 | 0.03 | 0.00 |
| Working Capital | CA$2.22 Billion | CA$1.73 Billion | CA$3.62 Billion |
Magna International Inc - Advanced Valuation Insights
This section examines the relationship between Magna International Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.30 |
| Latest Market Cap to Assets Ratio | 0.54 |
| Asset Growth Rate (YoY) | -3.8% |
| Total Assets | CA$31.04 Billion |
| Market Capitalization | $16.86 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Magna International Inc's assets below their book value (0.54x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Magna International Inc's assets decreased by 3.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Magna International Inc (1986–2024)
The table below shows the annual total assets of Magna International Inc from 1986 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$31.04 Billion ≈ $22.45 Billion |
-3.77% |
| 2023-12-31 | CA$32.26 Billion ≈ $23.33 Billion |
+16.07% |
| 2022-12-31 | CA$27.79 Billion ≈ $20.10 Billion |
-4.46% |
| 2021-12-31 | CA$29.09 Billion ≈ $21.04 Billion |
+1.68% |
| 2020-12-31 | CA$28.61 Billion ≈ $20.69 Billion |
+10.92% |
| 2019-12-31 | CA$25.79 Billion ≈ $18.66 Billion |
-0.60% |
| 2018-12-31 | CA$25.95 Billion ≈ $18.77 Billion |
+2.17% |
| 2017-12-31 | CA$25.39 Billion ≈ $18.37 Billion |
+12.53% |
| 2016-12-31 | CA$22.57 Billion ≈ $16.32 Billion |
+14.51% |
| 2015-12-31 | CA$19.71 Billion ≈ $14.26 Billion |
+8.64% |
| 2014-12-31 | CA$18.14 Billion ≈ $13.12 Billion |
+0.83% |
| 2013-12-31 | CA$17.99 Billion ≈ $13.01 Billion |
+5.15% |
| 2012-12-31 | CA$17.11 Billion ≈ $12.38 Billion |
+16.55% |
| 2011-12-31 | CA$14.68 Billion ≈ $10.62 Billion |
+5.62% |
| 2010-12-31 | CA$13.90 Billion ≈ $10.05 Billion |
+12.96% |
| 2009-12-31 | CA$12.30 Billion ≈ $8.90 Billion |
-6.72% |
| 2008-12-31 | CA$13.19 Billion ≈ $9.54 Billion |
-14.04% |
| 2007-12-31 | CA$15.34 Billion ≈ $11.10 Billion |
+16.64% |
| 2006-12-31 | CA$13.15 Billion ≈ $9.52 Billion |
+6.76% |
| 2005-12-31 | CA$12.32 Billion ≈ $8.91 Billion |
+6.13% |
| 2004-12-31 | CA$11.61 Billion ≈ $8.40 Billion |
+18.27% |
| 2003-12-31 | CA$9.82 Billion ≈ $7.10 Billion |
-3.21% |
| 2002-12-31 | CA$10.14 Billion ≈ $7.34 Billion |
+28.28% |
| 2001-12-31 | CA$7.91 Billion ≈ $5.72 Billion |
+6.72% |
| 2000-12-31 | CA$7.41 Billion ≈ $5.36 Billion |
+2.92% |
| 1999-12-31 | CA$7.20 Billion ≈ $5.21 Billion |
+16.76% |
| 1998-12-31 | CA$6.17 Billion ≈ $4.46 Billion |
+59.47% |
| 1997-12-31 | CA$3.87 Billion ≈ $2.80 Billion |
+21.18% |
| 1996-12-31 | CA$3.19 Billion ≈ $2.31 Billion |
+43.58% |
| 1995-12-31 | CA$2.22 Billion ≈ $1.61 Billion |
+33.34% |
| 1994-12-31 | CA$1.67 Billion ≈ $1.21 Billion |
+38.07% |
| 1993-12-31 | CA$1.21 Billion ≈ $873.05 Million |
+9.54% |
| 1992-12-31 | CA$1.10 Billion ≈ $797.03 Million |
-13.67% |
| 1991-12-31 | CA$1.28 Billion ≈ $923.26 Million |
-16.22% |
| 1990-12-31 | CA$1.52 Billion ≈ $1.10 Billion |
-3.47% |
| 1989-12-31 | CA$1.58 Billion ≈ $1.14 Billion |
+14.65% |
| 1988-12-31 | CA$1.38 Billion ≈ $995.74 Million |
+42.42% |
| 1987-12-31 | CA$966.50 Million ≈ $699.15 Million |
+46.62% |
| 1986-12-31 | CA$659.20 Million ≈ $476.86 Million |
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About Magna International Inc
Magna International Inc. manufactures and supplies vehicle engineering, contract, and automotive space. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The company offers battery enclosures, battery trays, fully assembled body-in-white modules, and chassis systems, such as suspension links and arms, twist axle, carbon fiber s… Read more