Magic Software Enterprises (MGIC) Total Debt: 2010-2024
- Magic Software Enterprises' Total Debt fell 27.32% to $93.7 million in Q4 2024 from the same period last year, while for Dec 2024 it was $93.7 million, marking a year-over-year decrease of 27.32%. This contributed to the annual value of $93.7 million for FY2024, which is 27.32% down from last year.
- As of Q4 2024, Magic Software Enterprises' Total Debt stood at $93.7 million, which was down 27.32% from $129.0 million recorded in Q4 2023.
- Over the past 5 years, Magic Software Enterprises' Total Debt peaked at $129.0 million during Q4 2023, and registered a low of $35.2 million during Q4 2020.
- In the last 3 years, Magic Software Enterprises' Total Debt had a median value of $93.7 million in 2024 and averaged $100.6 million.
- Per our database at Business Quant, Magic Software Enterprises' Total Debt spiked by 112.12% in 2022 and then fell by 27.32% in 2024.
- Magic Software Enterprises' Total Debt (Quarterly) stood at $35.2 million in 2020, then increased by 6.01% to $37.3 million in 2021, then soared by 112.12% to $79.0 million in 2022, then skyrocketed by 63.16% to $129.0 million in 2023, then declined by 27.32% to $93.7 million in 2024.
- Its Total Debt was $93.7 million in Q4 2024, compared to $129.0 million in Q4 2023 and $79.0 million in Q4 2022.