Magic Software Enterprises (MGIC) Short-term Investments: 2010-2023

  • Magic Software Enterprises' Short-term Investments fell 80.76% to $751,000 in Q4 2023 from the same period last year, while for Dec 2023 it was $751,000, marking a year-over-year decrease of 80.76%. This contributed to the annual value of $751,000 for FY2023, which is 80.76% down from last year.
  • Per Magic Software Enterprises' latest filing, its Short-term Investments stood at $751,000 for Q4 2023, which was down 80.76% from $3.9 million recorded in Q4 2022.
  • Magic Software Enterprises' 5-year Short-term Investments high stood at $7.0 million for Q4 2019, and its period low was $751,000 during Q4 2023.
  • In the last 3 years, Magic Software Enterprises' Short-term Investments had a median value of $3.9 million in 2022 and averaged $3.4 million.
  • Its Short-term Investments has fluctuated over the past 5 years, first plummeted by 82.30% in 2020, then soared by 351.21% in 2021.
  • Magic Software Enterprises' Short-term Investments (Quarterly) stood at $7.0 million in 2019, then tumbled by 82.30% to $1.2 million in 2020, then skyrocketed by 351.21% to $5.6 million in 2021, then crashed by 30.11% to $3.9 million in 2022, then crashed by 80.76% to $751,000 in 2023.
  • Its Short-term Investments was $751,000 in Q4 2023, compared to $3.9 million in Q4 2022 and $5.6 million in Q4 2021.