Magnera Corp placeholder (MAGN) Balance Sheet

NYSE: MAGNAssets, liabilities, debt and equity over 10 years.

MAGN balance sheet, 2025

December 31, 2025 · U.S. dollars

$3.99B assets = $2.92B liabilities + $1.06B equity

Both columns are drawn to the same scale: what MAGN owns equals what it owes plus shareholders’ equity. Hover a block for its value.

MAGN financial health

Current ratio2.37

Comfortable · current assets cover current liabilities 2.37×

Debt / equity1.89

High leverage · $1.89 of debt for each $1 of equity

Equity / assets26.7%

Balanced · of assets funded by shareholders

Cash / debt15.1%

Low cash cover · cash & short-term investments vs total debt

Goodwill & intangibles22.3%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

MAGN balance sheet trends, 2016–2025

Magnera Corp placeholder balance sheet trends
Metric	Then	Latest	Change
Total assets	$1.52B2016	$3.99B2025	+11.3%/yr
Total liabilities	$867.4M2016	$2.92B2025	+14.5%/yr
Shareholders’ equity	$653.8M2016	$1.06B2025	+5.6%/yr
Cash & short-term investments	$55.4M2016	$305.0M2025	+20.9%/yr
Total debt	$372.6M2016	$2.02B2025	+20.6%/yr
Net cash (debt)	−$317.2M2016	−$1.71B2025	−$1.4B
Working capital	$171.2M2016	$822.0M2025	+$650.8M
Book value per share	$19.262016	$29.972025	+5.0%/yr
Current ratio	1.532016	2.372025	+0.84
Debt / equity	0.572016	1.892025	+1.32
Shares outstanding	33.9M2016	35.5M2025	+0.5%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

MAGN assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

MAGN liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

MAGN debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

MAGN balance sheet

Magnera Corp placeholder annual balance sheet
	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash & short-term investments	$305.0M	$230.0M	$50.3M	$110.7M	$138.4M	$99.6M	$126.2M	$142.7M	$116.2M	$55.4M
Cash & equivalents	$305.0M	$230.0M	$50.3M	$110.7M	$138.4M	$99.6M	$126.2M	$142.7M	$116.2M	$55.4M
Receivables	$522.0M	$359.0M	$171.0M	$195.7M	$170.2M	$122.8M	$124.4M	$119.8M	$110.6M	$153.0M
Inventory	$474.0M	$259.0M	$298.2M	$309.4M	$279.5M	$196.2M	$190.4M	$173.4M	$136.2M	$249.7M
Other current assets	$122.0M	$38.0M	$86.5M	$63.7M	$48.4M	$34.3M	$36.3M	$33.4M	$222.0M	$36.2M
Total current assets	$1.42B	$886.0M	$606.0M	$679.5M	$636.6M	$452.9M	$477.3M	$469.3M	$585.0M	$494.3M
Property, plant & equipment (net)	$1.51B	$998.0M	$687.9M	$701.2M	$786.0M	$555.0M	$549.1M	$556.0M	$515.0M	$771.5M
Goodwill & intangible assets	$890.0M	$850.0M	$214.0M	$213.9M	$392.5M	$246.2M	$234.6M	$247.1M	$141.6M	$129.4M
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$163.0M	$73.0M	$55.9M	$52.8M	$65.6M	$32.7M	$22.8M	$67.4M	$489.2M	$126.2M
Total assets	$3.99B	$2.81B	$1.56B	$1.65B	$1.88B	$1.29B	$1.28B	$1.34B	$1.73B	$1.52B
Liabilities
Accounts payable	$356.0M	$295.0M	$158.5M	$217.6M	$214.0M	$127.5M	$130.0M	$120.7M	$113.2M	$164.3M
Short-term debt	$18.0M	$19.0M	$12.2M	$56.3M	$49.3M	$25.1M	$22.9M	$10.8M	$11.3M	$9.0M
Total current liabilities	$601.0M	$546.0M	$280.4M	$360.4M	$371.2M	$233.3M	$230.5M	$232.8M	$347.2M	$323.0M
Long-term debt	$0	$0	$853.2M	$793.3M	$738.1M	$288.5M	$0	$0	$0	$0
Lease obligations	—	—	$5.1M	$4.5M	—	—	—	—	—	—
Other long-term liabilities	$2.32B	$2.34B	$173.4M	$175.7M	$228.6M	$187.1M	$497.3M	$568.1M	$674.7M	$544.4M
Total liabilities	$2.92B	$668.0M	$1.31B	$1.33B	$1.34B	$708.9M	$727.8M	$800.9M	$1.02B	$867.4M
Shareholders' equity
Common stock & paid-in capital	$1.0M	$2.31B	$544,000	$544,000	$544,000	$544,000	$544,000	$544,000	$544,000	$544,000
Retained earnings (deficit)	−$159.0M	−$60.0M	$419.8M	$498.9M	$705.6M	$723.4M	$725.8M	$770.3M	$948.4M	$962.9M
Accumulated other comprehensive income	−$195.0M	−$168.0M	−$82.5M	−$97.9M	−$80.3M	−$58.7M	−$77.9M	−$137.4M	−$140.7M	−$204.6M
Total shareholders' equity	$1.06B	$2.14B	$256.9M	$318.0M	$542.8M	$577.9M	$556.0M	$538.9M	$708.9M	$653.8M
Key figures
Total debt	$2.02B	$2.06B	$865.4M	$849.6M	$787.4M	$313.5M	$359.9M	$411.7M	$481.4M	$372.6M
Net cash (debt)	−$1.71B	−$1.83B	−$815.1M	−$738.9M	−$648.9M	−$213.9M	−$233.7M	−$269.1M	−$365.2M	−$317.2M
Working capital	$822.0M	$340.0M	$325.6M	$319.1M	$265.4M	$219.6M	$246.8M	$236.5M	$237.8M	$171.2M
Tangible book value	$174.0M	$1.29B	$42.8M	$104.1M	$150.3M	$331.7M	$321.4M	$291.8M	$567.3M	$524.5M
Book value per share	$29.97	$61.26	$7.41	$9.22	$15.71	$16.84	$16.38	$16.01	$20.74	$19.26
Shares outstanding	35.5M	34.9M	34.7M	34.5M	34.6M	34.3M	33.9M	33.7M	34.2M	33.9M
Current ratio	2.37	1.62	2.16	1.89	1.72	1.94	2.07	2.02	1.68	1.53
Quick ratio	1.38	1.08	0.79	0.85	0.83	0.95	1.09	1.13	0.65	0.65
Debt / equity	1.89	0.96	3.37	2.67	1.45	0.54	0.65	0.76	0.68	0.57
Equity / assets	26.7%	76.2%	16.4%	19.3%	28.9%	44.9%	43.3%	40.2%	41.0%	43.0%

Magnera Corp placeholder quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23
Assets
Cash & short-term investments	$280.0M	$303.0M	$264.0M	$305.0M	$276.0M	$282.0M	$215.0M	$41.6M	$33.9M	$30.2M	$50.3M	$52.7M
Cash & equivalents	$280.0M	$303.0M	$264.0M	$305.0M	$276.0M	$282.0M	$215.0M	$41.6M	$33.9M	$30.2M	$50.3M	$52.7M
Receivables	$531.0M	$536.0M	$553.0M	$522.0M	$517.0M	$492.0M	$475.0M	$172.9M	$178.0M	$180.5M	$171.0M	$168.4M
Inventory	$498.0M	$472.0M	$476.0M	$474.0M	$535.0M	$508.0M	$508.0M	$313.2M	$305.1M	$299.7M	$298.2M	$301.9M
Other current assets	$83.0M	$96.0M	$72.0M	$122.0M	$156.0M	$146.0M	$140.0M	$58.4M	$69.2M	$73.9M	$86.5M	$71.9M
Total current assets	$1.39B	$1.41B	$1.36B	$1.42B	$1.48B	$1.43B	$1.34B	$586.1M	$586.2M	$584.3M	$606.0M	$594.9M
Property, plant & equipment (net)	$1.45B	$1.48B	$1.51B	$1.48B	$1.54B	$1.59B	$1.61B	$649.2M	$638.5M	$648.9M	$687.9M	$654.9M
Goodwill & intangible assets	$858.0M	$870.0M	$890.0M	$890.0M	$937.0M	$890.0M	$876.0M	$207.5M	$201.7M	$204.8M	$214.0M	$207.0M
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$133.0M	$136.0M	$125.0M	$200.0M	$153.0M	$153.0M	$173.0M	$78.8M	$78.5M	$79.2M	$55.9M	$76.2M
Total assets	$3.83B	$3.90B	$3.89B	$3.99B	$4.11B	$4.06B	$3.99B	$1.52B	$1.51B	$1.52B	$1.56B	$1.53B
Liabilities
Accounts payable	$361.0M	$369.0M	$356.0M	$356.0M	$393.0M	$379.0M	$333.0M	$151.5M	$156.5M	$134.2M	$158.5M	$156.9M
Short-term debt	$18.0M	$17.0M	$18.0M	$18.0M	$27.0M	$26.0M	$26.0M	$7.6M	$8.5M	$7.5M	$12.2M	$7.5M
Total current liabilities	$569.0M	$605.0M	$556.0M	$601.0M	$584.0M	$596.0M	$546.0M	$262.8M	$265.3M	$252.6M	$280.4M	$255.6M
Long-term debt	$0	$0	$0	$0	$1.99B	$1.99B	$1.99B	$880.0M	$861.9M	$868.2M	$853.2M	$0
Lease obligations	—	—	—	—	$48.0M	$55.0M	$57.0M	—	—	—	$5.1M	—
Other long-term liabilities	$2.25B	$2.25B	$2.30B	$2.32B	$406.0M	$382.0M	$353.0M	$172.1M	$172.3M	$173.1M	$173.4M	$1.02B
Total liabilities	$2.82B	$2.86B	$2.85B	$2.92B	$2.98B	$2.97B	$2.89B	$1.31B	$1.30B	$1.29B	$1.31B	$1.28B
Shareholders' equity
Common stock & paid-in capital	$1.0M	$1.0M	$1.0M	$1.0M	—	—	$2.31B	$544,000	$544,000	$544,000	$544,000	$544,000
Retained earnings (deficit)	−$231.0M	−$211.0M	−$193.0M	−$159.0M	−$119.0M	−$101.0M	−$60.0M	$361.9M	$377.2M	$393.5M	$419.8M	$428.5M
Accumulated other comprehensive income	−$183.0M	−$177.0M	−$192.0M	−$195.0M	−$164.0M	−$214.0M	−$239.0M	−$77.1M	−$92.5M	−$90.2M	−$82.5M	−$93.7M
Total shareholders' equity	$1.02B	$1.04B	$1.04B	$1.06B	$1.13B	$1.09B	$1.11B	$206.7M	$205.5M	$223.3M	$256.9M	$253.7M
Key figures
Total debt	$1.96B	$1.96B	$2.04B	$2.02B	$2.07B	$2.07B	$2.07B	$887.6M	$870.3M	$875.7M	$865.4M	$855.3M
Net cash (debt)	−$1.68B	−$1.66B	−$1.77B	−$1.71B	−$1.79B	−$1.79B	−$1.86B	−$846.0M	−$836.4M	−$845.5M	−$815.1M	−$802.6M
Working capital	$823.0M	$802.0M	$809.0M	$822.0M	$900.0M	$832.0M	$792.0M	$323.3M	$320.9M	$331.7M	$325.6M	$339.3M
Tangible book value	$159.0M	$169.0M	$148.0M	$174.0M	$194.0M	$203.0M	$230.0M	−$804,000	$3.8M	$18.5M	$42.8M	$46.7M
Book value per share	$28.33	$28.94	$29.24	$29.89	$31.77	$30.70	$31.24	$5.91	$5.89	$6.43	$7.40	$7.31
Shares outstanding	35.9M	35.9M	35.5M	35.6M	35.6M	35.6M	35.4M	35.0M	34.9M	34.8M	34.7M	34.7M
Current ratio	2.45	2.33	2.46	2.37	2.54	2.40	2.45	2.23	2.21	2.31	2.16	2.33
Quick ratio	1.43	1.39	1.47	1.38	1.36	1.30	1.26	0.82	0.80	0.83	0.79	0.87
Debt / equity	1.93	1.89	1.96	1.89	1.83	1.89	1.87	4.29	4.23	3.92	3.37	3.37
Equity / assets	26.5%	26.7%	26.7%	26.7%	27.5%	26.9%	27.7%	13.6%	13.7%	14.7%	16.4%	16.6%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 5, 2026); data from EODHD.

MAGN financial position

At the end of fiscal 2025 (December 31, 2025), Magnera Corp placeholder had total assets of $4.0 billion (up 42.1% from a year earlier), total liabilities of $2.9 billion and shareholders' equity of $1.1 billion. It held $305.0 million in cash and short-term investments against $2.0 billion of debt, net debt of $1.7 billion. Its current ratio was 2.37. In the latest quarter (ended June 30, 2026) total assets were $3.8 billion and equity $1.0 billion.

Related: MAGN income statement, MAGN cash flow statement, MAGN key metrics. See the MAGN stock overview for the latest quote and news.

MAGN balance sheet FAQ

What are Magnera Corp placeholder's total assets?

Magnera Corp placeholder reported total assets of $4.0 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.8 billion a year earlier.

How much debt does Magnera Corp placeholder have?

Magnera Corp placeholder had $2.0 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 1.89.

How much cash does Magnera Corp placeholder have?

Magnera Corp placeholder held $305.0 million in cash and short-term investments at the end of fiscal 2025; with $2.0 billion of debt that is net debt of $1.7 billion.

What is Magnera Corp placeholder's book value?

Magnera Corp placeholder's shareholders' equity (book value) was $1.1 billion at the end of fiscal 2025, or $29.97 per share.

What is Magnera Corp placeholder's current ratio?

Magnera Corp placeholder had current assets of $1.4 billion and current liabilities of $601.0 million, a current ratio of 2.37 (it can cover its short-term obligations).

How much goodwill does Magnera Corp placeholder have?

Magnera Corp placeholder carried $890.0 million of goodwill and intangible assets, 22.3% of total assets, at the end of fiscal 2025.