Magic Software Enterprises (MGIC) Short-term Investments: 2010-2023
Historic Short-term Investments for Magic Software Enterprises (MGIC) over the last 14 years, with Dec 2023 value amounting to $751,000.
- 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.
- Latest data reveals that Magic Software Enterprises reported Short-term Investments of $751,000 as of FY2023, which was down 80.76% from $3.9 million recorded in FY2022.
- In the past 5 years, Magic Software Enterprises' Short-term Investments registered a high of $7.0 million during FY2019, and its lowest value of $751,000 during FY2023.
- Moreover, its 3-year median value for Short-term Investments was $3.9 million (2022), whereas its average is $3.4 million.
- Per our database at Business Quant, Magic Software Enterprises' Short-term Investments slumped by 82.30% in 2020 and then skyrocketed by 351.21% in 2021.
- Magic Software Enterprises' Short-term Investments (Yearly) stood at $7.0 million in 2019, then tumbled by 82.30% to $1.2 million in 2020, then surged by 351.21% to $5.6 million in 2021, then slumped by 30.11% to $3.9 million in 2022, then plummeted by 80.76% to $751,000 in 2023.