Magic Software Enterprises (MGIC) Long-Term Deferred Tax: 2012-2024
Historic Long-Term Deferred Tax for Magic Software Enterprises (MGIC) over the last 13 years, with Dec 2024 value amounting to $4.9 million.
- 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.
- According to the latest figures from FY2024, Magic Software Enterprises' Long-Term Deferred Tax is $4.9 million, which was down 27.26% from $6.7 million recorded in FY2023.
- Over the past 5 years, Magic Software Enterprises' Long-Term Deferred Tax peaked at $11.8 million during FY2020, and registered a low of $3.6 million during FY2022.
- Over the past 3 years, Magic Software Enterprises' median Long-Term Deferred Tax value was $4.9 million (recorded in 2024), while the average stood at $5.1 million.
- In the last 5 years, Magic Software Enterprises' Long-Term Deferred Tax spiked by 92.79% in 2020 and then plummeted by 54.74% in 2022.
- Over the past 5 years, Magic Software Enterprises' Long-Term Deferred Tax (Yearly) stood at $11.8 million in 2020, then tumbled by 32.18% to $8.0 million in 2021, then slumped by 54.74% to $3.6 million in 2022, then spiked by 85.99% to $6.7 million in 2023, then declined by 27.26% to $4.9 million in 2024.