Magic Software Enterprises Debt-to-Assets Ratio Growth & History (RMTHF)

Magic Software Enterprises's debt-to-assets ratio was 0.16 for fiscal 2024.

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Magic Software Enterprises annual debt-to-assets ratio history

Magic Software Enterprises annual debt-to-assets ratio

Fiscal yearPeriod endedDebt-to-assets ratioChangeGrowth
20242024-12-310.16−0.05−23.38%
20232023-12-310.210.05+31.34%
2022 · Dec 312022-12-310.16−0.04−21.83%
20212021-12-310.200.05+29.68%
20202020-12-310.160.04+30.08%
20192019-12-310.12−0.03−17.82%
20182018-12-310.15−0.00−2.04%
20172017-12-310.150.01+6.55%
20162016-12-310.140.13+927.35%
20152015-12-310.01−0.00−8.57%
20142014-12-310.01−0.01−25.19%
20132013-12-310.020.02+12603.96%
20122012-12-310.000.00+433.38%
20112011-12-310.00−0.00−63.41%
20102010-12-310.00

Magic Software Enterprises debt-to-assets ratio trends

Over the last five fiscal years, Magic Software Enterprises's debt-to-assets ratio increased from 0.12 to 0.16, a change of 0.04. The latest reported quarter, Q4 2024, shows 0.16.

About the metric

What the debt-to-assets ratio means

The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.

Calculation and source

How debt-to-assets is calculated

TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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