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Magic Software Enterprises (MGIC) Notes Payables: 2012-2024

Historic Notes Payables for Magic Software Enterprises (MGIC) over the last 13 years, with Dec 2024 value amounting to $23.2 million.

  • 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.
  • Latest data reveals that Magic Software Enterprises reported Notes Payables of $23.2 million as of FY2024, which was down 19.88% from $28.9 million recorded in FY2023.
  • Magic Software Enterprises' Notes Payables' 5-year high stood at $28.9 million during FY2023, with a 5-year trough of $11.5 million in FY2020.
  • 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.
  • Its Notes Payables has fluctuated over the past 5 years, first spiked by 62.86% in 2020, then decreased by 19.88% in 2024.
  • Over the past 5 years, Magic Software Enterprises' Notes Payables (Yearly) stood at $11.5 million in 2020, then surged by 48.39% to $17.1 million in 2021, then climbed by 21.32% to $20.8 million in 2022, then surged by 39.44% to $28.9 million in 2023, then fell by 19.88% to $23.2 million in 2024.