Magic Software Enterprises (MGIC) Debt to Equity: 2010-2024
- Magic Software Enterprises' Debt to Equity fell 29.77% to $0.31 in Q4 2024 from the same period last year, while for Dec 2024 it was $0.31, marking a year-over-year decrease of 29.77%. This contributed to the annual value of $0.31 for FY2024, which is 29.77% down from last year.
- Per Magic Software Enterprises' latest filing, its Debt to Equity stood at $0.31 for Q4 2024, which was down 29.77% from $0.44 recorded in Q4 2023.
- In the past 5 years, Magic Software Enterprises' Debt to Equity ranged from a high of $0.44 in Q4 2023 and a low of $0.13 during Q4 2020.
- Moreover, its 3-year median value for Debt to Equity was $0.31 (2024), whereas its average is $0.35.
- As far as peak fluctuations go, Magic Software Enterprises' Debt to Equity surged by 111.54% in 2022, and later declined by 29.77% in 2024.
- Quarterly analysis of 5 years shows Magic Software Enterprises' Debt to Equity stood at $0.13 in 2020, then climbed by 3.26% to $0.14 in 2021, then soared by 111.54% to $0.29 in 2022, then skyrocketed by 54.96% to $0.44 in 2023, then declined by 29.77% to $0.31 in 2024.
- Its Debt to Equity stands at $0.31 for Q4 2024, versus $0.44 for Q4 2023 and $0.29 for Q4 2022.
