Magic Software Enterprises (RMTHF) Short-term Investments (2010 - 2023)
Magic Software Enterprises (RMTHF) reported Short-term Investments of $751000.0 for Q4 2023, down 80.76% on a YoY basis from $3.9 million in Q4 2022, and down 80.76% quarter-over-quarter from $3.9 million in Q4 2022.
Magic Software Enterprises (RMTHF) Short-term Investments (2010 - 2023) Analysis & Trends
Magic Software Enterprises has reported Short-term Investments for 14 years, with the latest figure at $751000.0 in Q4 2023.
- For the quarter ending Q4 2023, Short-term Investments fell 80.76% year-over-year to $751000.0; the trailing twelve-month figure through Dec 2023 stood at $751000.0 (down 80.76% YoY), and the FY2023 full-year result was $751000.0, down 80.76% from the prior year.
- Short-term Investments for Q4 2023 stood at $751000.0, down from $3.9 million in the prior quarter.
- The five-year high for Short-term Investments was $7.0 million in Q4 2019, with the low at $289000.0 in Q4 2020.
- Historically, Short-term Investments has averaged $3.5 million across 5 years, with a median of $3.9 million in 2022.
- Annual changes were most pronounced in 2020 — Short-term Investments slumped 95.87% — and 2021, when it surged 1832.87%.
- Magic Software Enterprises' Short-term Investments stood at $7.0 million in 2019, then tumbled by 95.87% to $289000.0 in 2020, then surged by 1832.87% to $5.6 million in 2021, then slumped by 30.11% to $3.9 million in 2022, then slumped by 80.76% to $751000.0 in 2023.
- The last three Short-term Investments figures came in at $751000.0 (Q4 2023), $3.9 million (Q4 2022), and $5.6 million (Q4 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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 |
|---|---|
| Dec 31, 2023 | 751,000.00 |
| Dec 31, 2022 | 3.90 Mn |
| Dec 31, 2021 | 5.59 Mn |
| Dec 31, 2020 | 289,000.00 |
| Dec 31, 2019 | 7.00 Mn |
| Dec 31, 2018 | 9.91 Mn |
| Dec 31, 2017 | 14.14 Mn |
| Dec 31, 2016 | 12.51 Mn |
| Dec 31, 2015 | 11.82 Mn |
| Dec 31, 2014 | 11.92 Mn |
| Dec 31, 2013 | 854,000.00 |
| Dec 31, 2012 | 890,000.00 |
| Dec 31, 2011 | 1.24 Mn |
| Dec 31, 2010 | 2.86 Mn |