Magic Software Enterprises (MGIC) Non-Current Debt: 2010-2024

Historic Non-Current Debt for Magic Software Enterprises (MGIC) over the last 12 years, with Dec 2024 value amounting to $36.1 million.

  • Magic Software Enterprises' Non-Current Debt fell 30.92% to $36.1 million in Q4 2024 from the same period last year, while for Dec 2024 it was $36.1 million, marking a year-over-year decrease of 30.92%. This contributed to the annual value of $36.1 million for FY2024, which is 30.92% down from last year.
  • As of FY2024, Magic Software Enterprises' Non-Current Debt stood at $36.1 million, which was down 30.92% from $52.3 million recorded in FY2023.
  • In the past 5 years, Magic Software Enterprises' Non-Current Debt registered a high of $52.3 million during FY2023, and its lowest value of $20.2 million during FY2021.
  • In the last 3 years, Magic Software Enterprises' Non-Current Debt had a median value of $36.1 million in 2024 and averaged $39.6 million.
  • Per our database at Business Quant, Magic Software Enterprises' Non-Current Debt skyrocketed by 71.86% in 2023 and then crashed by 30.92% in 2024.
  • Yearly analysis of 5 years shows Magic Software Enterprises' Non-Current Debt stood at $23.6 million in 2020, then fell by 14.68% to $20.2 million in 2021, then surged by 50.89% to $30.4 million in 2022, then skyrocketed by 71.86% to $52.3 million in 2023, then slumped by 30.92% to $36.1 million in 2024.