Magic Software Enterprises (RMTHF) Notes Payables (2012 - 2025)
Magic Software Enterprises (RMTHF) posted Short-Term Borrowings of $34.87 million for Q3 2025, up 29.1% from $27.02 million a year earlier and up 22.2% from the prior quarter.
Magic Software Enterprises (RMTHF) Notes Payables (2012 - 2025) Analysis & Trends
At the end of FY2024, Magic Software Enterprises' Short-Term Borrowings came in at $23.19 million, down 19.9% from FY2023.
- Annual Short-Term Borrowings shows a five-year compound annual growth rate of 26.8% (FY2019 to FY2024).
- In prior years, Magic Software Enterprises' Short-Term Borrowings was $28.94 million in FY2023 (+39.4%), $20.76 million in FY2022 (+21.3%), $17.11 million in FY2021 (+48.4%) and $11.53 million in FY2020 (+62.9%).
- The Q3 2025 figure stands as the highest quarterly Short-Term Borrowings since Q1 2024.
- On a year-over-year basis, Short-Term Borrowings increased in four of the last eight quarters, with growth averaging 4.5%.
- The strongest year-over-year quarter for Short-Term Borrowings in the past five years was Q1 2021, with growth of 124.7%; the weakest was Q1 2025, with a decline of 34.9%.
- According to Business Quant data, Short-Term Borrowings for the three prior quarters was $28.53 million (Q2 2025), $23.94 million (Q1 2025) and $23.19 million (Q4 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 34.87 Mn |
| Jun 30, 2025 | 28.53 Mn |
| Mar 31, 2025 | 23.94 Mn |
| Dec 31, 2024 | 23.19 Mn |
| Sep 30, 2024 | 27.02 Mn |
| Jun 30, 2024 | 25.89 Mn |
| Mar 31, 2024 | 36.76 Mn |
| Dec 31, 2023 | 28.94 Mn |
| Sep 30, 2023 | 30.82 Mn |
| Jun 30, 2023 | 30.93 Mn |
| Mar 31, 2023 | 26.20 Mn |
| Dec 31, 2022 | 20.76 Mn |
| Sep 30, 2022 | 21.38 Mn |
| Jun 30, 2022 | 19.70 Mn |
| Mar 31, 2022 | 20.83 Mn |
| Dec 31, 2021 | 17.11 Mn |
| Sep 30, 2021 | 15.35 Mn |
| Jun 30, 2021 | 12.38 Mn |
| Mar 31, 2021 | 11.10 Mn |
| Dec 31, 2020 | 11.53 Mn |
Magic Software Enterprises Notes Payables 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=notes-payables&ticker=RMTHF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "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=notes-payables&ticker=RMTHF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();