Magic Software Enterprises (MGIC) Long-Term Deferred Tax (2016 - 2024)

Magic Software Enterprises' Long-Term Deferred Tax history spans 14 years, with the latest figure at $4.9 million for Q4 2024.

  • For Q4 2024, Long-Term Deferred Tax fell 27.26% year-over-year to $4.9 million; the TTM value through Dec 2024 reached $4.9 million, down 27.26%, while the annual FY2024 figure was $4.9 million, 27.26% down from the prior year.
  • Long-Term Deferred Tax reached $4.9 million in Q4 2024 per MGIC's latest filing, down from $6.7 million in the prior quarter.
  • In the past five years, Long-Term Deferred Tax ranged from a high of $8.0 million in Q4 2021 to a low of $3.6 million in Q4 2022.
  • Average Long-Term Deferred Tax over 5 years is $5.9 million, with a median of $6.4 million recorded in 2020.
  • Peak YoY movement for Long-Term Deferred Tax: soared 192.37% in 2020, then crashed 54.74% in 2022.
  • A 5-year view of Long-Term Deferred Tax shows it stood at $6.4 million in 2020, then increased by 24.95% to $8.0 million in 2021, then plummeted by 54.74% to $3.6 million in 2022, then surged by 85.99% to $6.7 million in 2023, then dropped by 27.26% to $4.9 million in 2024.
  • Per Business Quant, the three most recent readings for MGIC's Long-Term Deferred Tax are $4.9 million (Q4 2024), $6.7 million (Q4 2023), and $3.6 million (Q4 2022).