Magic Software Enterprises (MGIC) Equity Ratio: 2010-2024
Historic Equity Ratio for Magic Software Enterprises (MGIC) over the last 15 years, with Dec 2024 value amounting to 0.56.
- Magic Software Enterprises' Equity Ratio rose 0.05% to 0.56 in Q4 2024 from the same period last year, while for Dec 2024 it was 0.56, marking a year-over-year increase of 0.05%. This contributed to the annual value of 0.56 for FY2024, which is 0.05% up from last year.
- Per Magic Software Enterprises' latest filing, its Equity Ratio stood at 0.56 for FY2024, which was up 0.05% from 0.56 recorded in FY2023.
- Over the past 5 years, Magic Software Enterprises' Equity Ratio peaked at 0.60 during FY2020, and registered a low of 0.55 during FY2022.
- In the last 3 years, Magic Software Enterprises' Equity Ratio had a median value of 0.56 in 2023 and averaged 0.55.
- As far as peak fluctuations go, Magic Software Enterprises' Equity Ratio declined by 8.29% in 2020, and later climbed by 1.82% in 2023.
- Magic Software Enterprises' Equity Ratio (Yearly) stood at 0.60 in 2020, then fell by 5.74% to 0.57 in 2021, then fell by 3.27% to 0.55 in 2022, then grew by 1.82% to 0.56 in 2023, then climbed by 0.05% to 0.56 in 2024.