Magic Software Enterprises (MGIC) Other Gross PP&E Adjustments (2016 - 2023)
Magic Software Enterprises' Other Gross PP&E Adjustments history spans 13 years, with the latest figure at $23.5 million for Q4 2023.
- For Q4 2023, Other Gross PP&E Adjustments rose 8.36% year-over-year to $23.5 million; the TTM value through Dec 2023 reached $23.5 million, up 8.36%, while the annual FY2023 figure was $23.5 million, 8.36% up from the prior year.
- Other Gross PP&E Adjustments reached $23.5 million in Q4 2023 per MGIC's latest filing, up from $21.7 million in the prior quarter.
- In the past five years, Other Gross PP&E Adjustments ranged from a high of $23.5 million in Q4 2023 to a low of -$24.5 million in Q4 2020.
- Average Other Gross PP&E Adjustments over 5 years is $19400.0, with a median of -$5.6 million recorded in 2021.
- Peak YoY movement for Other Gross PP&E Adjustments: plummeted 161.61% in 2019, then soared 489.37% in 2022.
- A 5-year view of Other Gross PP&E Adjustments shows it stood at -$15.0 million in 2019, then tumbled by 63.87% to -$24.5 million in 2020, then soared by 77.31% to -$5.6 million in 2021, then skyrocketed by 489.37% to $21.7 million in 2022, then increased by 8.36% to $23.5 million in 2023.
- Per Business Quant, the three most recent readings for MGIC's Other Gross PP&E Adjustments are $23.5 million (Q4 2023), $21.7 million (Q4 2022), and -$5.6 million (Q4 2021).