Magna International Inc. (MGA) Balance Sheet

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

MGA balance sheet, 2025

December 31, 2025 · U.S. dollars

$31.42B assets = $18.58B liabilities + $12.84B equity

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

MGA financial health

Current ratio1.25

Adequate · current assets cover current liabilities 1.25×

Debt / equity0.54

Moderate leverage · $0.54 of debt for each $1 of equity

Equity / assets39.8%

Balanced · of assets funded by shareholders

Cash / debt24.1%

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

Goodwill & intangibles9.6%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

MGA balance sheet trends, 2016–2025

Magna International Inc. balance sheet trends
Metric	Then	Latest	Change
Total assets	$22.57B2016	$31.42B2025	+3.7%/yr
Total liabilities	$12.35B2016	$18.58B2025	+4.6%/yr
Shareholders’ equity	$9.77B2016	$12.49B2025	+2.8%/yr
Cash & short-term investments	$974.0M2016	$1.61B2025	+5.8%/yr
Total debt	$3.17B2016	$6.69B2025	+8.6%/yr
Net cash (debt)	−$2.20B2016	−$5.08B2025	−$2.9B
Working capital	$1.47B2016	$2.75B2025	+$1.3B
Book value per share	$24.842016	$44.222025	+6.6%/yr
Current ratio	1.172016	1.252025	+0.08
Debt / equity	0.322016	0.542025	+0.21
Shares outstanding	393.2M2016	282.5M2025	−3.6%/yr

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

MGA assets

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

MGA liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

MGA debt vs cash

Total debtCash & ST investmentsNet cash (debt)

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

MGA balance sheet

Magna International Inc. annual balance sheet
	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash & short-term investments	$1.61B	$1.25B	$1.20B	$1.23B	$2.95B	$3.27B	$1.28B	$684.0M	$726.0M	$974.0M
Cash & equivalents	$1.61B	$1.25B	$1.20B	$1.23B	$2.95B	$3.27B	$1.28B	$684.0M	$726.0M	$974.0M
Short-term investments	—	−$742,000	$316.8M	—	—	—	$724.0M	$314.0M	$113.0M	$194.0M
Receivables	$7.59B	$7.38B	$7.88B	$6.79B	$6.31B	$6.39B	$5.93B	$6.61B	$6.70B	$6.17B
Inventory	$4.13B	$4.15B	$4.61B	$4.18B	$3.97B	$3.44B	$3.30B	$3.40B	$3.54B	$2.80B
Other current assets	$407.0M	$344.0M	$352.0M	$320.0M	$278.0M	$260.0M	$238.0M	$1.14B	$237.0M	$220.0M
Total current assets	$13.74B	$13.12B	$14.04B	$12.53B	$13.50B	$13.37B	$10.74B	$11.83B	$11.20B	$10.16B
Property, plant & equipment (net)	$11.44B	$11.53B	$11.36B	$9.77B	$9.99B	$10.38B	$10.07B	$8.10B	$8.18B	$7.02B
Goodwill & intangible assets	$3.00B	$3.41B	$3.64B	$2.48B	$2.62B	$2.58B	$2.46B	$2.54B	$2.75B	$2.54B
Long-term investments	$1.10B	$1.03B	$1.24B	$1.43B	$1.59B	$947.0M	$1.21B	$2.19B	$2.09B	$1.85B
Other non-current assets	$2.14B	$1.95B	$1.97B	$1.58B	$1.38B	$1.33B	$1.30B	$1.29B	$1.25B	$987.0M
Total assets	$31.42B	$31.04B	$32.26B	$27.79B	$29.09B	$28.61B	$25.79B	$25.95B	$25.47B	$22.57B
Liabilities
Accounts payable	$6.89B	$7.19B	$7.84B	$7.00B	$6.46B	$6.27B	$5.63B	$6.09B	$6.28B	$5.43B
Short-term debt	$355.0M	$1.27B	$1.73B	$938.0M	$729.0M	$370.0M	$331.0M	$1.30B	$367.0M	$762.0M
Deferred revenue	—	−$285.8M	$124.4M	—	—	—	—	$2.50B	—	—
Total current liabilities	$10.99B	$12.10B	$13.23B	$11.00B	$10.40B	$9.74B	$8.53B	$10.30B	$9.24B	$8.70B
Long-term debt	$4.68B	$4.13B	$4.17B	$2.85B	$3.54B	$3.97B	$3.06B	$3.08B	$3.19B	$2.39B
Lease obligations	$1.98B	$1.96B	$1.72B	$1.56B	$1.68B	$1.90B	$1.85B	$16.0M	$15.0M	$16.0M
Other long-term liabilities	$2.90B	$2.87B	$2.57B	$2.61B	$2.92B	$3.17B	$3.07B	$1.40B	$1.32B	$1.26B
Total liabilities	$18.58B	$19.10B	$19.98B	$16.45B	$16.86B	$16.89B	$14.66B	$14.79B	$13.66B	$12.35B
Shareholders' equity
Common stock & paid-in capital	$3.35B	$3.36B	$3.35B	$3.30B	$3.40B	$3.27B	$3.20B	$3.38B	$3.62B	$3.80B
Retained earnings (deficit)	$9.77B	$9.60B	$9.30B	$8.64B	$9.23B	$8.70B	$8.60B	$8.38B	$8.07B	$7.32B
Accumulated other comprehensive income	−$766.0M	−$1.58B	−$898.0M	−$1.11B	−$900.0M	−$733.0M	−$1.09B	−$1.18B	−$600.0M	−$1.45B
Minority interest	$346.0M	$418.0M	$393.0M	$400.0M	—	—	—	—	—	—
Total shareholders' equity	$12.49B	$11.52B	$11.88B	$10.94B	$11.84B	$11.37B	$10.83B	$10.70B	$11.21B	$9.77B
Key figures
Total debt	$6.69B	$7.07B	$7.22B	$5.07B	$5.67B	$6.00B	$5.00B	$4.40B	$3.58B	$3.17B
Net cash (debt)	−$5.08B	−$5.82B	−$6.03B	−$3.84B	−$2.73B	−$2.73B	−$3.72B	−$3.71B	−$2.85B	−$2.20B
Working capital	$2.75B	$1.02B	$803.0M	$1.53B	$3.10B	$3.62B	$2.22B	$1.53B	$1.96B	$1.47B
Tangible book value	$9.49B	$8.11B	$8.24B	$8.45B	$9.22B	$8.79B	$8.37B	$8.16B	$8.46B	$7.22B
Book value per share	$44.22	$40.16	$41.47	$37.55	$39.09	$37.85	$34.30	$30.79	$29.98	$24.84
Shares outstanding	282.5M	286.9M	286.6M	291.2M	302.8M	300.4M	315.8M	347.5M	373.9M	393.2M
Current ratio	1.25	1.08	1.06	1.14	1.30	1.37	1.26	1.15	1.21	1.17
Quick ratio	0.84	0.71	0.69	0.73	0.89	0.99	0.84	0.71	0.80	0.82
Debt / equity	0.54	0.61	0.61	0.46	0.48	0.53	0.46	0.41	0.32	0.32
Equity / assets	39.8%	37.1%	36.8%	39.4%	40.7%	39.7%	42.0%	41.2%	44.0%	43.3%

Magna International Inc. 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	$1.43B	$1.60B	$1.61B	$1.33B	$1.54B	$1.06B	$1.25B	$1.06B	$999.0M	$1.52B	$1.20B	$1.02B
Cash & equivalents	$1.43B	$1.60B	$1.61B	$1.33B	$1.54B	$1.06B	$1.25B	$1.06B	$999.0M	$1.52B	$1.20B	$1.02B
Short-term investments	—	—	—	—	—	—	−$742,000	−$1.7M	—	—	—	—
Receivables	$8.37B	$8.21B	$7.59B	$8.41B	$8.26B	$8.20B	$7.38B	$8.38B	$8.22B	$8.38B	$7.88B	$8.48B
Inventory	$4.01B	$3.96B	$4.13B	$4.23B	$4.21B	$4.18B	$4.15B	$4.59B	$4.47B	$4.51B	$4.61B	$4.75B
Other current assets	$633.1M	$721.0M	$407.0M	$316.0M	$333.0M	$358.0M	$344.0M	$303.0M	$314.0M	$399.0M	$352.0M	$387.0M
Total current assets	$14.44B	$14.51B	$13.74B	$14.28B	$14.33B	$13.80B	$13.12B	$14.33B	$14.00B	$14.81B	$14.04B	$14.64B
Property, plant & equipment (net)	$10.66B	$10.88B	$11.44B	$11.73B	$11.91B	$11.68B	$11.53B	$11.62B	$11.31B	$11.28B	$11.36B	$10.47B
Goodwill & intangible assets	$2.88B	$2.92B	$3.00B	$3.58B	$3.62B	$3.47B	$3.41B	$3.62B	$3.54B	$3.53B	$3.64B	$3.51B
Long-term investments	$1.25B	$1.29B	$1.10B	$1.10B	$1.13B	$1.05B	$1.03B	$1.16B	$1.16B	$1.20B	$1.24B	$1.19B
Other non-current assets	$2.07B	$2.07B	$2.14B	$2.21B	$2.18B	$2.07B	$1.95B	$2.07B	$1.98B	$1.87B	$1.97B	$1.87B
Total assets	$31.29B	$31.66B	$31.42B	$32.91B	$33.17B	$32.07B	$31.04B	$32.79B	$31.99B	$32.68B	$32.26B	$31.68B
Liabilities
Accounts payable	$7.26B	$7.22B	$6.89B	$7.26B	$7.13B	$7.38B	$7.19B	$7.61B	$7.64B	$7.86B	$7.84B	$7.91B
Short-term debt	$341.0M	$484.0M	$355.0M	$789.0M	$1.37B	$1.92B	$1.27B	$1.21B	$1.22B	$1.97B	$1.73B	$1.78B
Deferred revenue	—	—	—	—	—	—	−$285.8M	−$2.45B	$79.0M	$131.9M	$124.4M	—
Total current liabilities	$11.88B	$11.92B	$10.99B	$12.06B	$12.35B	$13.07B	$12.10B	$12.60B	$12.45B	$13.57B	$13.23B	$13.16B
Long-term debt	$4.61B	$4.64B	$4.68B	$4.97B	$4.98B	$3.89B	$4.13B	$4.92B	$4.86B	$4.55B	$4.17B	$4.13B
Lease obligations	$1.84B	$1.90B	$1.98B	$2.04B	$2.08B	$2.05B	$1.96B	$1.78B	$1.68B	$1.71B	$1.72B	$1.67B
Other long-term liabilities	$2.69B	$2.82B	$2.90B	$2.95B	$2.94B	$2.95B	$2.87B	$2.59B	$2.66B	$2.64B	$2.57B	$2.62B
Total liabilities	$19.18B	$19.39B	$18.58B	$19.97B	$20.27B	$19.91B	$19.10B	$20.10B	$19.98B	$20.75B	$19.98B	$19.92B
Shareholders' equity
Common stock & paid-in capital	$3.33B	$3.38B	$3.35B	$3.36B	$3.36B	$3.36B	$3.36B	$3.40B	$3.40B	$3.40B	$3.35B	$3.33B
Retained earnings (deficit)	$9.18B	$9.25B	$9.77B	$9.97B	$9.81B	$9.56B	$9.60B	$9.69B	$9.35B	$9.17B	$9.30B	$9.17B
Accumulated other comprehensive income	−$868.0M	−$833.0M	−$766.0M	−$880.0M	−$848.0M	−$1.33B	−$1.58B	−$966.0M	−$1.26B	−$1.17B	−$898.0M	−$1.25B
Minority interest	$342.0M	$359.0M	$346.0M	$336.0M	$421.0M	—	—	—	—	—	—	—
Total shareholders' equity	$11.77B	$11.91B	$12.49B	$12.60B	$12.48B	$11.74B	$11.52B	$12.27B	$11.62B	$11.52B	$11.88B	$11.38B
Key figures
Total debt	$6.47B	$6.70B	$6.69B	$7.48B	$8.12B	$7.56B	$7.07B	$7.59B	$7.46B	$7.92B	$7.22B	$7.21B
Net cash (debt)	−$5.04B	−$5.09B	−$5.08B	−$6.15B	−$6.58B	−$6.50B	−$5.82B	−$6.53B	−$6.46B	−$6.41B	−$6.03B	−$6.19B
Working capital	$2.56B	$2.58B	$2.75B	$2.22B	$1.98B	$731.0M	$1.02B	$1.73B	$1.55B	$1.24B	$803.0M	$1.47B
Tangible book value	$8.89B	$8.99B	$9.49B	$9.02B	$8.86B	$8.27B	$8.11B	$8.66B	$8.09B	$8.00B	$8.24B	$7.87B
Book value per share	$43.07	$42.84	$44.43	$44.71	$44.31	$41.63	$40.30	$42.72	$40.46	$40.13	$41.47	$39.68
Shares outstanding	273.2M	278.1M	281.2M	281.8M	281.7M	282.0M	285.9M	287.3M	287.3M	287.1M	286.6M	286.8M
Current ratio	1.22	1.22	1.25	1.18	1.16	1.06	1.08	1.14	1.12	1.09	1.06	1.11
Quick ratio	0.82	0.82	0.84	0.81	0.79	0.71	0.71	0.75	0.74	0.73	0.69	0.72
Debt / equity	0.55	0.56	0.54	0.59	0.65	0.64	0.61	0.62	0.64	0.69	0.61	0.63
Equity / assets	37.6%	37.6%	39.8%	38.3%	37.6%	36.6%	37.1%	37.4%	36.3%	35.3%	36.8%	35.9%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 27, 2026); data from EODHD.

MGA financial position

At the end of fiscal 2025 (December 31, 2025), Magna International had total assets of $31.4 billion (up 1.2% from a year earlier), total liabilities of $18.6 billion and shareholders' equity of $12.5 billion. It held $1.6 billion in cash and short-term investments against $6.7 billion of debt, net debt of $5.1 billion. Its current ratio was 1.25. In the latest quarter (ended June 30, 2026) total assets were $31.3 billion and equity $11.8 billion.

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

MGA balance sheet FAQ

What are Magna International's total assets?

Magna International reported total assets of $31.4 billion at the end of fiscal 2025 (December 31, 2025), compared with $31.0 billion a year earlier.

How much debt does Magna International have?

Magna International had $6.7 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.54.

How much cash does Magna International have?

Magna International held $1.6 billion in cash and short-term investments at the end of fiscal 2025; with $6.7 billion of debt that is net debt of $5.1 billion.

What is Magna International's book value?

Magna International's shareholders' equity (book value) was $12.5 billion at the end of fiscal 2025, or $44.22 per share.

What is Magna International's current ratio?

Magna International had current assets of $13.7 billion and current liabilities of $11.0 billion, a current ratio of 1.25 (it can cover its short-term obligations).

How much goodwill does Magna International have?

Magna International carried $3.0 billion of goodwill and intangible assets, 9.6% of total assets, at the end of fiscal 2025.