Current Ratio of Magna International Inc. (MGA) is 1.20

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assets on its balance sheet to satisfy its current debt and other payables. A ratio under 1 indicates that the company’s debts due in a year or less are greater than its assets.

 

Source: Investopedia

Current Ratio
Sep 19Oct 19Nov 19Dec 19Jan 20Feb 20Mar 20Apr 20May 20Jun 20Jul 20Aug 20
1.201.201.201.201.201.201.301.301.301.201.201.20