Magna International (FRA:MGA) Marketable Securities : €0 Mil (As of Mar. 2024)

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What is Magna International Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Magna International's Marketable Securities for the quarter that ended in Mar. 2024 was €0 Mil.

Magna International Marketable Securities Historical Data

The historical data trend for Magna International's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Magna International Marketable Securities Chart

Magna International Annual Data

Trend

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Marketable Securities

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Magna International Quarterly Data
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Magna International Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Magna International (FRA:MGA) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Magna International Marketable Securities Related Terms

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Magna International (FRA:MGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Magna International Inc (FRA:MGA) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

MGA:USA MGA N:Mexico MG:Canada

Address

337 Magna Drive, Aurora, ON, CAN, L4G 7K1

Website

https://www.magna.com

Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. In 2022, roughly 50% of Magna's revenue came from North America while Europe accounted for approximately 38%.