Magic Software Enterprises (MGIC) Short-term Investments (2016 - 2023)
Magic Software Enterprises' Short-term Investments history spans 14 years, with the latest figure at $751000.0 for Q4 2023.
- For Q4 2023, Short-term Investments fell 80.76% year-over-year to $751000.0; the TTM value through Dec 2023 reached $751000.0, down 80.76%, while the annual FY2023 figure was $751000.0, 80.76% down from the prior year.
- Short-term Investments reached $751000.0 in Q4 2023 per MGIC's latest filing, down from $3.9 million in the prior quarter.
- In the past five years, Short-term Investments ranged from a high of $7.0 million in Q4 2019 to a low of $289000.0 in Q4 2020.
- Average Short-term Investments over 5 years is $3.5 million, with a median of $3.9 million recorded in 2022.
- Peak YoY movement for Short-term Investments: plummeted 95.87% in 2020, then soared 1832.87% in 2021.
- A 5-year view of Short-term Investments shows it stood at $7.0 million in 2019, then tumbled by 95.87% to $289000.0 in 2020, then skyrocketed by 1832.87% to $5.6 million in 2021, then crashed by 30.11% to $3.9 million in 2022, then tumbled by 80.76% to $751000.0 in 2023.
- Per Business Quant, the three most recent readings for MGIC's Short-term Investments are $751000.0 (Q4 2023), $3.9 million (Q4 2022), and $5.6 million (Q4 2021).