Magic Software Enterprises (MGIC) Debt to Equity (2016 - 2024)
Magic Software Enterprises' Debt to Equity history spans 15 years, with the latest figure at $0.21 for Q4 2024.
- For Q4 2024, Debt to Equity fell 55.88% year-over-year to $0.21; the TTM value through Dec 2024 reached $0.21, down 55.88%, while the annual FY2024 figure was $0.21, 55.88% down from the prior year.
- Debt to Equity reached $0.21 in Q4 2024 per MGIC's latest filing, down from $0.48 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.48 in Q4 2023 to a low of $0.13 in Q4 2020.
- Average Debt to Equity over 5 years is $0.25, with a median of $0.21 recorded in 2024.
- Peak YoY movement for Debt to Equity: soared 382.06% in 2020, then plummeted 55.88% in 2024.
- A 5-year view of Debt to Equity shows it stood at $0.13 in 2020, then rose by 3.26% to $0.14 in 2021, then skyrocketed by 111.54% to $0.29 in 2022, then surged by 69.5% to $0.48 in 2023, then tumbled by 55.88% to $0.21 in 2024.
- Per Business Quant, the three most recent readings for MGIC's Debt to Equity are $0.21 (Q4 2024), $0.48 (Q4 2023), and $0.29 (Q4 2022).