Magna International (MGA) Current Deferred Tax Assets (2010 - 2019)
Magna International's (MGA) quarterly Current Deferred Tax Assets came in at $7.0 million in Q4 2019, down 77.42% on a YoY basis from $31.0 million in Q4 2018, and down 77.42% quarter-over-quarter from $31.0 million in Q4 2018.
Magna International (MGA) Current Deferred Tax Assets (2010 - 2019) Analysis & Trends
Magna International (MGA) has reported Current Deferred Tax Assets for 9 consecutive years, with $7.0 million the latest figure, recorded in Q4 2019.
- For the quarter ending Q4 2019, Current Deferred Tax Assets fell 77.42% year-over-year to $7.0 million; the trailing twelve-month figure through Dec 2019 stood at $7.0 million (down 77.42% YoY), and the FY2019 full-year result was $7.0 million, down 77.42% from the prior year.
- Current Deferred Tax Assets slipped to $7.0 million in Q4 2019 per MGA's latest filing, from $31.0 million in the prior quarter.
- Across five years, Current Deferred Tax Assets topped out at $31.0 million in Q4 2018 and bottomed at -$7.0 million in Q4 2015.
- Historically, Current Deferred Tax Assets has averaged $13.2 million across 4 years, with a median of $14.5 million in 2016.
- The sharpest annual moves came in 2015 and 2016: Current Deferred Tax Assets plunged 103.76% in 2015, then surged 414.29% in 2016.
- Over 4 years, Current Deferred Tax Assets stood at -$7.0 million in 2015, then soared by 414.29% to $22.0 million in 2016, then surged by 40.91% to $31.0 million in 2018, then slumped by 77.42% to $7.0 million in 2019.
- According to Business Quant data, Current Deferred Tax Assets over the past three periods registered $7.0 million, $31.0 million, and $22.0 million for Q4 2019, Q4 2018, and Q4 2016 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,226.50 Bn | 1,183.58 Bn | 4.75 Bn |
| 2 | Toyota Motor | 250.64 Bn | 172.66 Bn | 12.27 Bn |
| 3 | Ferrari | 153.43 Bn | 151.68 Bn | 1.18 Bn |
| 4 | Honda Motor | 147.05 Bn | 108.59 Bn | 8.46 Bn |
| 5 | General Motors | 73.24 Bn | 50.16 Bn | 7.33 Bn |
| 6 | Ford Motor | 51.31 Bn | 20.01 Bn | 6.08 Bn |
| 7 | Rivian Automotive | 20.62 Bn | 15.33 Bn | 179.00 Mn |
| 8 | Magna International | 17.88 Bn | 16.79 Bn | 1.61 Bn |
| 9 | Stellantis | 14.02 Bn | -29.10 Bn | 5.55 Bn |
| 10 | Li Auto | 11.82 Bn | -670.23 Mn | 417.98 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2019 | 7.00 Mn |
| Dec 31, 2018 | 31.00 Mn |
| Dec 31, 2016 | 22.00 Mn |
| Dec 31, 2015 | -7.00 Mn |
| Dec 31, 2014 | 186.00 Mn |
| Dec 31, 2013 | 275.00 Mn |
| Dec 31, 2012 | 170.00 Mn |
| Dec 31, 2011 | 206.00 Mn |
| Dec 31, 2010 | 77.00 Mn |
Magna International Current Deferred Tax Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-tax-assets&ticker=MGA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-tax-assets", "ticker": "MGA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-tax-assets&ticker=MGA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();