Magic Software Enterprises (MGIC) Curent Deferred Tax Liability: 2010-2014

  • Magic Software Enterprises' Curent Deferred Tax Liability fell 70.39% to $760,000 in Q4 2014 from the same period last year, while for Dec 2014 it was $760,000, marking a year-over-year decrease of 70.39%. This contributed to the annual value of $760,000 for FY2014, which is 70.39% down from last year.
  • As of Q4 2014, Magic Software Enterprises' Curent Deferred Tax Liability stood at $760,000, which was down 70.39% from $2.6 million recorded in Q4 2013.
  • In the past 5 years, Magic Software Enterprises' Curent Deferred Tax Liability registered a high of $3.4 million during Q4 2012, and its lowest value of $760,000 during Q4 2014.
  • Its 3-year average for Curent Deferred Tax Liability is $2.2 million, with a median of $2.6 million in 2013.
  • Its Curent Deferred Tax Liability has fluctuated over the past 5 years, first spiked by 36.39% in 2012, then tumbled by 70.39% in 2014.
  • Quarterly analysis of 5 years shows Magic Software Enterprises' Curent Deferred Tax Liability stood at $2.2 million in 2010, then grew by 13.12% to $2.5 million in 2011, then surged by 36.39% to $3.4 million in 2012, then dropped by 24.99% to $2.6 million in 2013, then tumbled by 70.39% to $760,000 in 2014.
  • Its Curent Deferred Tax Liability was $760,000 in Q4 2014, compared to $2.6 million in Q4 2013 and $3.4 million in Q4 2012.