Magna International (MGA) Short-term Investments (2009 - 2021)

Magna International (MGA) reported Short-term Investments of $39.0 million for Q4 2021, down 51.85% on a YoY basis from $81.0 million in Q4 2020, and down 51.85% quarter-over-quarter from $81.0 million in Q4 2020.

Magna International (MGA) Short-term Investments (2009 - 2021) Analysis & Trends

Magna International has reported Short-term Investments for 5 years, with the latest figure at $39.0 million in Q4 2021.

  • For the quarter ending Q4 2021, Short-term Investments fell 51.85% year-over-year to $39.0 million; the trailing twelve-month figure through Dec 2021 stood at $39.0 million (down 51.85% YoY), and the FY2021 full-year result was $39.0 million, down 51.85% from the prior year.
  • Short-term Investments for Q4 2021 stood at $39.0 million, down from $81.0 million in the prior quarter.
  • The five-year high for Short-term Investments was $81.0 million in Q4 2020, with the low at -$36.0 million in Q4 2018.
  • Historically, Short-term Investments has averaged $24.5 million across 4 years, with a median of $26.5 million in 2019.
  • Annual changes were most pronounced in 2020 — Short-term Investments surged 478.57% — and 2021, when it plunged 51.85%.
  • Magna International's Short-term Investments stood at -$36.0 million in 2018, then soared by 138.89% to $14.0 million in 2019, then surged by 478.57% to $81.0 million in 2020, then tumbled by 51.85% to $39.0 million in 2021.
  • The last three Short-term Investments figures came in at $39.0 million (Q4 2021), $81.0 million (Q4 2020), and $14.0 million (Q4 2019), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 O Reilly Automotive 76.26 Bn 76.01 Bn 2.35 Bn
2 Autozone 51.55 Bn 51.26 Bn 2.24 Bn
3 Borgwarner 15.32 Bn 15.49 Bn 677.00 Mn
4 Aptiv 14.49 Bn 11.41 Bn 920.00 Mn
5 Modine Manufacturing 14.37 Bn 14.28 Bn 186.10 Mn
6 Genuine Parts 14.20 Bn 13.71 Bn 2.34 Bn
7 Aurora Innovation 11.92 Bn 10.70 Bn -5.00 Mn
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn
9 Allison Transmission Holdings 9.75 Bn 9.43 Bn 406.00 Mn
10 Autoliv 9.61 Bn 9.25 Bn 526.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2021 39.00 Mn
Dec 31, 2020 81.00 Mn
Dec 31, 2019 14.00 Mn
Dec 31, 2018 -36.00 Mn
Mar 31, 2009 1.81 Bn