Magic Software Enterprises (MGIC) Short term Debt: 2010-2024
- Magic Software Enterprises' Short term Debt fell 24.88% to $57.6 million in Q4 2024 from the same period last year, while for Dec 2024 it was $57.6 million, marking a year-over-year decrease of 24.88%. This contributed to the annual value of $57.6 million for FY2024, which is 24.88% down from last year.
- According to the latest figures from Q4 2024, Magic Software Enterprises' Short term Debt is $57.6 million, which was down 24.88% from $76.7 million recorded in Q4 2023.
- In the past 5 years, Magic Software Enterprises' Short term Debt registered a high of $76.7 million during Q4 2023, and its lowest value of $11.5 million during Q4 2020.
- Moreover, its 3-year median value for Short term Debt was $57.6 million (2024), whereas its average is $61.0 million.
- As far as peak fluctuations go, Magic Software Enterprises' Short term Debt soared by 184.25% in 2022, and later decreased by 24.88% in 2024.
- Over the past 5 years, Magic Software Enterprises' Short term Debt (Quarterly) stood at $11.5 million in 2020, then soared by 48.39% to $17.1 million in 2021, then skyrocketed by 184.25% to $48.6 million in 2022, then surged by 57.72% to $76.7 million in 2023, then decreased by 24.88% to $57.6 million in 2024.
- Its Short term Debt stands at $57.6 million for Q4 2024, versus $76.7 million for Q4 2023 and $48.6 million for Q4 2022.
