Magic Software Enterprises (MGIC) Non-Current Deferred Tax Liability (2016 - 2024)

Magic Software Enterprises' Non-Current Deferred Tax Liability history spans 14 years, with the latest figure at $7.8 million for Q4 2024.

  • For Q4 2024, Non-Current Deferred Tax Liability fell 32.4% year-over-year to $7.8 million; the TTM value through Dec 2024 reached $7.8 million, down 32.4%, while the annual FY2024 figure was $7.8 million, 32.4% down from the prior year.
  • Non-Current Deferred Tax Liability reached $7.8 million in Q4 2024 per MGIC's latest filing, down from $11.6 million in the prior quarter.
  • In the past five years, Non-Current Deferred Tax Liability ranged from a high of $17.9 million in Q4 2021 to a low of $7.8 million in Q4 2024.
  • Average Non-Current Deferred Tax Liability over 5 years is $13.1 million, with a median of $11.6 million recorded in 2023.
  • Peak YoY movement for Non-Current Deferred Tax Liability: surged 59.35% in 2020, then plummeted 40.45% in 2022.
  • A 5-year view of Non-Current Deferred Tax Liability shows it stood at $17.6 million in 2020, then grew by 1.73% to $17.9 million in 2021, then tumbled by 40.45% to $10.7 million in 2022, then increased by 8.65% to $11.6 million in 2023, then crashed by 32.4% to $7.8 million in 2024.
  • Per Business Quant, the three most recent readings for MGIC's Non-Current Deferred Tax Liability are $7.8 million (Q4 2024), $11.6 million (Q4 2023), and $10.7 million (Q4 2022).