Magyar Bancorp, Inc. (MGYR) Short term Debt (2019 - 2024)
Magyar Bancorp (MGYR) recorded Short term Debt of $28.57 million in fiscal Q3 2024 (quarter ended Jun 30, 2024), down 37.3% from $45.53 million a year earlier and down 0.8% from the prior quarter.
Magyar Bancorp, Inc. (MGYR) Short term Debt (2019 - 2024) Analysis & Trends
At the end of FY2023 (ended Sep 30, 2023), Magyar Bancorp reported Short term Debt of $29.52 million, up 88.9% from FY2022.
- Annual Short term Debt has a four-year compound annual growth rate of -5.0% (FY2019 to FY2023).
- Across earlier fiscal years, Short term Debt came in at $15.63 million in FY2022 (-33.1%), $23.36 million in FY2021 (-65.4%), $67.41 million in FY2020 (+86.3%) and $36.19 million in FY2019.
- The fiscal Q3 2024 figure is the lowest quarterly Short term Debt since fiscal Q2 2023.
- On a year-over-year basis, Short term Debt rose in five of the last eight quarters, with growth averaging 37.3%.
- Peak year-over-year performance for Short term Debt in the last five years was growth of 197.9% in fiscal Q3 2023, against a decline of 65.4% in fiscal Q4 2021 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $28.8 million (Q2 2024), $28.8 million (Q1 2024) and $29.52 million (Q4 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 28.57 Mn |
| Mar 31, 2024 | 28.80 Mn |
| Dec 31, 2023 | 28.80 Mn |
| Sep 30, 2023 | 29.52 Mn |
| Jun 30, 2023 | 45.53 Mn |
| Mar 31, 2023 | 25.53 Mn |
| Dec 31, 2022 | 29.73 Mn |
| Sep 30, 2022 | 15.63 Mn |
| Jun 30, 2022 | 15.28 Mn |
| Mar 31, 2022 | 19.15 Mn |
| Dec 31, 2021 | 21.36 Mn |
| Sep 30, 2021 | 23.36 Mn |
| Jun 30, 2021 | 31.30 Mn |
| Mar 31, 2021 | 45.88 Mn |
| Dec 31, 2020 | 60.26 Mn |
| Sep 30, 2020 | 67.41 Mn |
| Jun 30, 2020 | 66.94 Mn |
| Sep 30, 2019 | 36.19 Mn |
Magyar Bancorp, Inc. Short term Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=short-term-debt&ticker=MGYR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-debt", "ticker": "MGYR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=short-term-debt&ticker=MGYR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();