Magna International (MGA) Interest Coverage Ratio (2009)
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 (2009) 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 | 1,208.58 Bn | 1,034.61 Bn | 4.75 Bn | 4.91 |
| 2 | Ferrari | 71.33 Bn | 63.82 Bn | 1.18 Bn | 28.51 |
| 3 | General Motors | 68.96 Bn | -37.55 Bn | 7.33 Bn | 9.66 |
| 4 | Ford Motor | 48.34 Bn | -94.15 Bn | 6.08 Bn | 0.38 |
| 5 | Honda Motor | 45.65 Bn | -104.16 Bn | 8.46 Bn | 7.25 |
| 6 | Toyota Motor | 24.76 Bn | -381.74 Bn | 20.95 Bn | - |
| 7 | Magna International | 18.69 Bn | 12.72 Bn | 1.61 Bn | - |
| 8 | Rivian Automotive | 16.48 Bn | -6.83 Bn | 179.00 Mn | -12.29 |
| 9 | Stellantis | 12.48 Bn | -152.16 Bn | 5.55 Bn | - |
| 10 | Li Auto | 12.06 Bn | -36.86 Bn | 417.98 Mn | -19.79 |
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();