Magic Software Enterprises (MGIC) Other Gross PP&E Adjustments: 2011-2023
- Magic Software Enterprises' Other Gross PP&E Adjustments rose 8.36% to $23.5 million in Q4 2023 from the same period last year, while for Dec 2023 it was $15.1 million, marking a year-over-year increase of 164.41%. This contributed to the annual value of $23.5 million for FY2023, which is 8.36% up from last year.
- As of Q4 2023, Magic Software Enterprises' Other Gross PP&E Adjustments stood at $23.5 million, which was up 8.36% from $21.7 million recorded in Q4 2022.
- Over the past 5 years, Magic Software Enterprises' Other Gross PP&E Adjustments peaked at $23.5 million during Q4 2023, and registered a low of -$24.5 million during Q4 2020.
- In the last 3 years, Magic Software Enterprises' Other Gross PP&E Adjustments had a median value of $21.7 million in 2022 and averaged $13.2 million.
- As far as peak fluctuations go, Magic Software Enterprises' Other Gross PP&E Adjustments tumbled by 161.61% in 2019, and later spiked by 489.37% in 2022.
- Quarterly analysis of 5 years shows Magic Software Enterprises' Other Gross PP&E Adjustments stood at -$15.0 million in 2019, then slumped by 63.87% to -$24.5 million in 2020, then skyrocketed by 77.31% to -$5.6 million in 2021, then skyrocketed by 489.37% to $21.7 million in 2022, then grew by 8.36% to $23.5 million in 2023.
- Its Other Gross PP&E Adjustments stands at $23.5 million for Q4 2023, versus $21.7 million for Q4 2022 and -$5.6 million for Q4 2021.
