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Magic Software Enterprises (MGIC) Short term Debt: 2010-2024

Historic Short term Debt for Magic Software Enterprises (MGIC) over the last 15 years, with Dec 2024 value amounting to $57.6 million.

  • 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.
  • Magic Software Enterprises' Short term Debt amounted to $57.6 million in FY2024, which was down 24.88% from $76.7 million recorded in FY2023.
  • In the past 5 years, Magic Software Enterprises' Short term Debt ranged from a high of $76.7 million in FY2023 and a low of $11.5 million during FY2020.
  • In the last 3 years, Magic Software Enterprises' Short term Debt had a median value of $57.6 million in 2024 and averaged $61.0 million.
  • Per our database at Business Quant, Magic Software Enterprises' Short term Debt soared by 184.25% in 2022 and then decreased by 24.88% in 2024.
  • Magic Software Enterprises' Short term Debt (Yearly) stood at $11.5 million in 2020, then skyrocketed by 48.39% to $17.1 million in 2021, then skyrocketed by 184.25% to $48.6 million in 2022, then soared by 57.72% to $76.7 million in 2023, then decreased by 24.88% to $57.6 million in 2024.