Magic Software Enterprises (MGIC) Notes Payables: 2012-2024
- Magic Software Enterprises' Notes Payables fell 19.88% to $23.2 million in Q4 2024 from the same period last year, while for Dec 2024 it was $23.2 million, marking a year-over-year decrease of 19.88%. This contributed to the annual value of $23.2 million for FY2024, which is 19.88% down from last year.
- Magic Software Enterprises' Notes Payables amounted to $23.2 million in Q4 2024, which was down 19.88% from $28.9 million recorded in Q4 2023.
- In the past 5 years, Magic Software Enterprises' Notes Payables ranged from a high of $28.9 million in Q4 2023 and a low of $11.5 million during Q4 2020.
- Over the past 3 years, Magic Software Enterprises' median Notes Payables value was $23.2 million (recorded in 2024), while the average stood at $24.3 million.
- Per our database at Business Quant, Magic Software Enterprises' Notes Payables spiked by 62.86% in 2020 and then fell by 19.88% in 2024.
- Quarterly analysis of 5 years shows Magic Software Enterprises' Notes Payables stood at $11.5 million in 2020, then skyrocketed by 48.39% to $17.1 million in 2021, then climbed by 21.32% to $20.8 million in 2022, then soared by 39.44% to $28.9 million in 2023, then fell by 19.88% to $23.2 million in 2024.
- Its last three reported values are $23.2 million in Q4 2024, $28.9 million for Q4 2023, and $20.8 million during Q4 2022.
