Magic Software Enterprises (RMTHF) Non-Current Debt (2009 - 2025)
Magic Software Enterprises (RMTHF) reported Non-Current Debt of $34.3 million for Q3 2025, down 11.36% on a YoY basis from $38.7 million in Q3 2024, and down 17.4% quarter-over-quarter from $41.6 million in Q2 2025.
Magic Software Enterprises (RMTHF) Non-Current Debt (2009 - 2025) Analysis & Trends
Magic Software Enterprises has reported Non-Current Debt for 17 years, with the latest figure at $34.3 million in Q3 2025.
- For the quarter ending Q3 2025, Non-Current Debt fell 11.36% year-over-year to $34.3 million; the trailing twelve-month figure through Sep 2025 stood at $34.3 million (down 11.36% YoY), and the FY2024 full-year result was $36.1 million, down 30.92% from the prior year.
- Non-Current Debt for Q3 2025 stood at $34.3 million, down from $41.6 million in the prior quarter.
- The five-year high for Non-Current Debt was $37.7 billion in Q3 2022, with the low at $11.9 million in Q1 2021.
- Historically, Non-Current Debt has averaged $2.0 billion across 5 years, with a median of $38.7 million in 2024.
- Annual changes were most pronounced in 2022 — Non-Current Debt jumped 135897.26% — and 2023, when it plunged 99.85%.
- Magic Software Enterprises' Non-Current Debt stood at $20.2 million in 2021, then soared by 50.89% to $30.4 million in 2022, then jumped by 71.86% to $52.3 million in 2023, then tumbled by 30.92% to $36.1 million in 2024, then retreated by 4.9% to $34.3 million in 2025.
- The last three Non-Current Debt figures came in at $34.3 million (Q3 2025), $41.6 million (Q2 2025), and $32.4 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 214.83 Bn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 57.71 Bn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 21.46 Mn |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 5.03 Bn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 535.00 Mn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 16.79 Bn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 2.73 Bn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 4.64 Bn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 6.01 Bn |
| 10 | Magic Software Enterprises | - | - | 45.50 Mn | 34.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 34.34 Mn |
| Sep 30, 2025 | 34.34 Mn |
| Jun 30, 2025 | 41.57 Mn |
| Jun 30, 2025 | 41.57 Mn |
| Mar 31, 2025 | 32.37 Mn |
| Mar 31, 2025 | 32.37 Mn |
| Dec 31, 2024 | 36.11 Mn |
| Dec 31, 2024 | 36.11 Mn |
| Sep 30, 2024 | 38.74 Mn |
| Sep 30, 2024 | 38.74 Mn |
| Jun 30, 2024 | 38.97 Mn |
| Jun 30, 2024 | 38.97 Mn |
| Mar 31, 2024 | 41.63 Mn |
| Mar 31, 2024 | 41.63 Mn |
| Dec 31, 2023 | 52.27 Mn |
| Dec 31, 2023 | 52.27 Mn |
| Sep 30, 2023 | 57.04 Mn |
| Sep 30, 2023 | 57.04 Mn |
| Jun 30, 2023 | 58.66 Mn |
| Jun 30, 2023 | 58.66 Mn |