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

Historic Curent Deferred Tax Liability for Magic Software Enterprises (MGIC) over the last 5 years, with Dec 2014 value amounting to $760,000.

  • 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 FY2014, Magic Software Enterprises' Curent Deferred Tax Liability stood at $760,000, which was down 70.39% from $2.6 million recorded in FY2013.
  • Magic Software Enterprises' 5-year Curent Deferred Tax Liability high stood at $3.4 million for FY2012, and its period low was $760,000 during FY2014.
  • For the 3-year period, Magic Software Enterprises' Curent Deferred Tax Liability averaged around $2.2 million, with its median value being $2.6 million (2013).
  • Per our database at Business Quant, Magic Software Enterprises' Curent Deferred Tax Liability skyrocketed by 36.39% in 2012 and then tumbled by 70.39% in 2014.
  • Yearly 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 soared by 36.39% to $3.4 million in 2012, then decreased by 24.99% to $2.6 million in 2013, then tumbled by 70.39% to $760,000 in 2014.