Magic Software Enterprises (MGIC) Debt to Equity: 2010-2024
Historic Debt to Equity for Magic Software Enterprises (MGIC) over the last 15 years, with Dec 2024 value amounting to $0.31.
- 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 FY2024, which was down 29.77% from $0.44 recorded in FY2023.
- Magic Software Enterprises' Debt to Equity's 5-year high stood at $0.44 during FY2023, with a 5-year trough of $0.13 in FY2020.
- For the 3-year period, Magic Software Enterprises' Debt to Equity averaged around $0.35, with its median value being $0.31 (2024).
- Its Debt to Equity has fluctuated over the past 5 years, first soared by 111.54% in 2022, then dropped by 29.77% in 2024.
- Over the past 5 years, Magic Software Enterprises' Debt to Equity (Yearly) stood at $0.13 in 2020, then climbed by 3.26% to $0.14 in 2021, then spiked by 111.54% to $0.29 in 2022, then spiked by 54.96% to $0.44 in 2023, then fell by 29.77% to $0.31 in 2024.