Magic Software Enterprises (RMTHF) Non-Current Debt (2009 - 2025)
Magic Software Enterprises (RMTHF) recorded Non-Current Debt of $34.34 million in Q3 2025, down 11.4% from $38.74 million a year earlier and down 17.4% from the prior quarter.
Magic Software Enterprises (RMTHF) Non-Current Debt (2009 - 2025) Analysis & Trends
At the end of FY2024, Magic Software Enterprises reported Non-Current Debt of $36.11 million, down 30.9% from FY2023.
- Annual Non-Current Debt has a five-year compound annual growth rate of 18.4% (FY2019 to FY2024).
- Across earlier years, Non-Current Debt came in at $52.27 million in FY2023 (+71.9%), $30.41 million in FY2022 (+50.9%), $20.16 million in FY2021 (+51.0%) and $13.35 million in FY2020 (-14.1%).
- Quarterly Non-Current Debt has ranged from $11.91 million in Q1 2021 to $58.66 million in Q2 2023 over the past five years.
- On a year-over-year basis, Non-Current Debt rose in three of the last eight quarters, with an average decline of 6.3%.
- Peak year-over-year performance for Non-Current Debt in the last five years was growth of 228.9% in Q1 2022, against a decline of 33.6% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $41.57 million (Q2 2025), $32.37 million (Q1 2025) and $36.11 million (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | - |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 117.71 Bn |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 9.93 Bn |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 39.29 Bn |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | - |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 4.96 Bn |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 6.42 Bn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | 3.14 Bn |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | 6.67 Bn |
| 10 | Magic Software Enterprises | 1.60 Bn | 1.21 Bn | 44.21 Mn | 34.34 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 34.34 Mn |
| Jun 30, 2025 | 41.57 Mn |
| Mar 31, 2025 | 32.37 Mn |
| Dec 31, 2024 | 36.11 Mn |
| Sep 30, 2024 | 38.74 Mn |
| Jun 30, 2024 | 38.97 Mn |
| Mar 31, 2024 | 41.63 Mn |
| Dec 31, 2023 | 52.27 Mn |
| Sep 30, 2023 | 57.04 Mn |
| Jun 30, 2023 | 58.66 Mn |
| Mar 31, 2023 | 41.24 Mn |
| Dec 31, 2022 | 30.41 Mn |
| Sep 30, 2022 | 37.73 Mn |
| Jun 30, 2022 | 36.78 Mn |
| Mar 31, 2022 | 39.17 Mn |
| Dec 31, 2021 | 20.16 Mn |
| Sep 30, 2021 | 27.74 Mn |
| Jun 30, 2021 | 24.80 Mn |
| Mar 31, 2021 | 11.91 Mn |
| Dec 31, 2020 | 13.35 Mn |
Magic Software Enterprises Non-Current 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=non-current-debt&ticker=RMTHF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "RMTHF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=RMTHF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();