Magna International (MG.TO) Debt to Equity Ratio

Price: $53.77
Market Cap: $15.15B
Avg Volume: 1.64M
Country: CA
Industry: Auto - Parts
Sector: Consumer Cyclical
Beta: 1.637
52W Range: $48.22-74.29
Website: Magna International

Debt to Equity Ratio

Magna International's debt to equity ratio indicates the proportion of equity and debt the company uses to finance its assets:

  • Annual: 0.61
  • Quarterly: 0.61
  • TTM: 0.61

Other Key Debt Metrics

These metrics provide additional insights into Magna International's financial leverage and its ability to meet financial obligations:

  • Debt Ratio - indicates the proportion of a company's assets that are financed through debt:
    • Annual: 22.77%
    • Quarterly: 22.77%
    • TTM: 22.77%
  • Debt to Assets Ratio - shows the proportion of a company's assets that are financed by debt:
    • Annual: 22.77%
    • Quarterly: 22.77%
    • TTM: 22.77%

These financial metrics offer a comprehensive view of Magna International's debt structure and financial health. By comparing these ratios with industry benchmarks, investors can better understand the company's leverage and risk profile.

Annual Debt to Equity Ratio

0.61

Quarterly Debt to Equity Ratio

0.61

TTM Debt to Equity Ratio

0.61

Magna International Historical Debt to Equity Ratio
0.610.610.490.490.370.370.250.250.120.120.000.00Debt to Equity Ratio20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Debt Ratio
22.77%22.77%18.22%18.22%13.66%13.66%9.11%9.11%4.55%4.55%0.00%0.00%Debt Ratio20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Debt to Assets Ratio
22.77%22.77%18.22%18.22%13.66%13.66%9.11%9.11%4.55%4.55%0.00%0.00%Debt to Assets Ratio20162016201720172018201820192019202020202021202120222022202320232024202420252025

Magna International Historical Debt to Equity Ratio

The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.

Year Debt to Equity Ratio Debt Ratio Debt to Assets Ratio
2024 0.61 22.77% 22.77%
2023 0.61 22.39% 22.39%
2022 0.46 18.26% 18.26%
2021 0.48 19.50% 19.50%
2020 0.53 20.97% 20.97%
2019 0.46 19.36% 19.36%
2018 0.41 16.96% 16.96%
2017 0.32 14.09% 14.09%
2016 0.32 13.99% 13.99%
2015 0.29 13.20% 13.20%

Related Metrics

Explore detailed financial metrics and analysis for MG.TO.