Magna International (MGA) Interest Coverage Ratio (2014 - 2021)
Magna International's Interest Coverage Ratio was 46.19 in the quarter ended Dec 31, 2021, up 33.6% from 34.57 a year earlier.
Magna International (MGA) Interest Coverage Ratio (2014 - 2021) Analysis & Trends
On a trailing twelve-month basis, Magna International's Interest Coverage Ratio was 246.66 through Dec 31, 2021, up 852.6% year-over-year; for the year ended Dec 31, 2019, it came in at 205.25, up 635.5% from the prior year.
- In earlier years, Interest Coverage Ratio was 27.91 in the year ended Dec 31, 2018 (-76.9%), 120.96 in the year ended Dec 31, 2017 (-88.2%), 1027.57 in the year ended Dec 31, 2016 (+252.1%) and 291.82 in the year ended Dec 31, 2015 (-71.0%).
- The figure for the quarter ended Dec 31, 2021 marks the highest quarterly Interest Coverage Ratio since the quarter ended Dec 31, 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,148.52 Bn | 983.08 Bn | 4.75 Bn | 4.91 |
| 2 | Toyota Motor | 242.17 Bn | -164.57 Bn | 20.95 Bn | - |
| 3 | Ferrari | 145.86 Bn | 138.30 Bn | 1.18 Bn | 28.51 |
| 4 | Honda Motor | 143.38 Bn | 10.76 Bn | 8.46 Bn | 3.63 |
| 5 | General Motors | 67.56 Bn | -37.30 Bn | 7.33 Bn | 9.66 |
| 6 | Ford Motor | 47.24 Bn | -95.23 Bn | 6.08 Bn | 0.38 |
| 7 | Rivian Automotive | 20.35 Bn | -2.94 Bn | 179.00 Mn | -12.29 |
| 8 | Magna International | 17.85 Bn | 15.41 Bn | 1.61 Bn | - |
| 9 | Stellantis | 12.63 Bn | -153.36 Bn | 5.55 Bn | 3.48 |
| 10 | Li Auto | 11.52 Bn | -42.48 Bn | 417.98 Mn | -19.79 |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 46.19 |
| Dec 31, 2020 | 34.57 |
| Dec 31, 2019 | 205.25 |
| Dec 31, 2018 | 602.80 |
| Dec 31, 2017 | 46.52 |
| Dec 31, 2016 | 67.92 |
| Dec 31, 2015 | -3.75 |
| Dec 31, 2014 | -193.78 |
Magna International Interest Coverage Ratio 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=interest-coverage-ratio&ticker=MGA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=MGA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();