Magna Current Ratio 2010-2025 | MGA

Magna current ratio for the quarter ending March 31, 2025 was 1.06.

  • Magna average current ratio for 2024 was 1.11, a 2.63% decline from 2023.
  • Magna average current ratio for 2023 was 1.14, a 8.8% decline from 2022.
  • Magna average current ratio for 2022 was 1.25, a 10.07% decline from 2021.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.

Magna Current Ratio 2010-2025 | MGA

  • Magna average current ratio for 2024 was 1.11, a 2.63% decline from 2023.
  • Magna average current ratio for 2023 was 1.14, a 8.8% decline from 2022.
  • Magna average current ratio for 2022 was 1.25, a 10.07% decline from 2021.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.
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