Balance Sheet
Accounts PayablesAccumulated ExpensesAssetsCash & Current InvestmentsCash & EquivalentsCommon EquityCurrent AssetsCurrent Deferred RevenueCurrent LeasesGoodwillGoodwill & IntangiblesIntangiblesLiabilities and Shareholders EquityLong-Term Deferred TaxNon-Current AssetsNon-Current DebtNon-Current Deferred Tax LiabilityNotes PayablesOperating LeasesPayablesPensionPrepaid AssetsProperty, Plant & Equipment (Net)ReceivablesReceivables - NetReceivables - OtherRetained EarningsShareholder's EquityShort term DebtTotal Current LiabilitiesTotal DebtTotal Non-Current Liabilities
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios

Magic Software Enterprises (MGIC) Long-Term Deferred Tax: 2012-2024

  • Magic Software Enterprises' Long-Term Deferred Tax fell 27.26% to $4.9 million in Q4 2024 from the same period last year, while for Dec 2024 it was $4.9 million, marking a year-over-year decrease of 27.26%. This contributed to the annual value of $4.9 million for FY2024, which is 27.26% down from last year.
  • Magic Software Enterprises' Long-Term Deferred Tax amounted to $4.9 million in Q4 2024, which was down 27.26% from $6.7 million recorded in Q4 2023.
  • Over the past 5 years, Magic Software Enterprises' Long-Term Deferred Tax peaked at $11.8 million during Q4 2020, and registered a low of $3.6 million during Q4 2022.
  • Moreover, its 3-year median value for Long-Term Deferred Tax was $4.9 million (2024), whereas its average is $5.1 million.
  • Per our database at Business Quant, Magic Software Enterprises' Long-Term Deferred Tax skyrocketed by 92.79% in 2020 and then tumbled by 54.74% in 2022.
  • Magic Software Enterprises' Long-Term Deferred Tax (Quarterly) stood at $11.8 million in 2020, then crashed by 32.18% to $8.0 million in 2021, then crashed by 54.74% to $3.6 million in 2022, then surged by 85.99% to $6.7 million in 2023, then declined by 27.26% to $4.9 million in 2024.
  • Its Long-Term Deferred Tax stands at $4.9 million for Q4 2024, versus $6.7 million for Q4 2023 and $3.6 million for Q4 2022.