Magic Software Enterprises (RMTHF) Amortizatization of Intangibles (2013 - 2023)
Magic Software Enterprises (RMTHF) reported Amortizatization of Intangibles of $54000.0 for Q3 2023, down 3.57% on a YoY basis from $56000.0 in Q3 2022, and up 173.97% quarter-over-quarter from -$73000.0 in Q4 2022.
Magic Software Enterprises (RMTHF) Amortizatization of Intangibles (2013 - 2023) Analysis & Trends
Magic Software Enterprises has reported Amortizatization of Intangibles for 11 years, with the latest figure at $54000.0 in Q3 2023.
- For the quarter ending Q3 2023, Amortizatization of Intangibles fell 3.57% year-over-year to $54000.0; the trailing twelve-month figure through Sep 2023 stood at $108000.0 (down 38.29% YoY), and the FY2022 full-year result was $76000.0, down 20.83% from the prior year.
- Amortizatization of Intangibles for Q3 2023 stood at $54000.0, up from -$73000.0 in the prior quarter.
- The five-year high for Amortizatization of Intangibles was $83000.0 in Q3 2019, with the low at -$264000.0 in Q4 2019.
- Historically, Amortizatization of Intangibles has averaged $10529.4 across 5 years, with a median of $26000.0 in 2021.
- Annual changes were most pronounced in 2019 — Amortizatization of Intangibles jumped 2266.67% — and 2021, when it sank 2700.0%.
- Magic Software Enterprises' Amortizatization of Intangibles stood at -$264000.0 in 2019, then surged by 104.92% to $13000.0 in 2020, then surged by 100.0% to $26000.0 in 2021, then tumbled by 380.77% to -$73000.0 in 2022, then soared by 173.97% to $54000.0 in 2023.
- The last three Amortizatization of Intangibles figures came in at $54000.0 (Q3 2023), -$73000.0 (Q4 2022), and $56000.0 (Q3 2022), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amortizatization of Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | - |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 719.00 Mn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | - |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | - |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | - |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | - |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | - |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | - |
| 10 | Magic Software Enterprises | - | - | 45.50 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 54,000.00 |
| Sep 30, 2023 | 54,000.00 |
| Dec 31, 2022 | -73,000.00 |
| Dec 31, 2022 | -73,000.00 |
| Sep 30, 2022 | 56,000.00 |
| Sep 30, 2022 | 56,000.00 |
| Jun 30, 2022 | 71,000.00 |
| Jun 30, 2022 | 71,000.00 |
| Mar 31, 2022 | 22,000.00 |
| Mar 31, 2022 | 22,000.00 |
| Dec 31, 2021 | 26,000.00 |
| Dec 31, 2021 | 26,000.00 |
| Sep 30, 2021 | 42,000.00 |
| Sep 30, 2021 | 42,000.00 |
| Jun 30, 2021 | -26,000.00 |
| Jun 30, 2021 | -26,000.00 |
| Mar 31, 2021 | 54,000.00 |
| Mar 31, 2021 | 54,000.00 |
| Dec 31, 2020 | 13,000.00 |
| Dec 31, 2020 | 13,000.00 |