Magic Software Enterprises Debt-to-Equity Ratio Growth & History (RMTHF)
Magic Software Enterprises's debt-to-equity ratio was 0.31 for fiscal 2024.
View full Magic Software Enterprises company overviewMagic Software Enterprises annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 0.31 | −0.10 | −23.96% |
| 2023 | 2023-12-31 | 0.41 | 0.10 | +34.27% |
| 2022 · Dec 31 | 2022-12-31 | 0.30 | −0.07 | −19.04% |
| 2021 | 2021-12-31 | 0.38 | 0.11 | +40.04% |
| 2020 | 2020-12-31 | 0.27 | 0.07 | +36.88% |
| 2019 | 2019-12-31 | 0.20 | −0.02 | −9.65% |
| 2018 | 2018-12-31 | 0.22 | −0.03 | −10.69% |
| 2017 | 2017-12-31 | 0.24 | 0.02 | +7.64% |
| 2016 | 2016-12-31 | 0.23 | 0.21 | +1219.27% |
| 2015 | 2015-12-31 | 0.02 | −0.00 | −5.23% |
| 2014 | 2014-12-31 | 0.02 | −0.01 | −30.47% |
| 2013 | 2013-12-31 | 0.03 | 0.03 | +12649.64% |
| 2012 | 2012-12-31 | 0.00 | 0.00 | +435.66% |
| 2011 | 2011-12-31 | 0.00 | −0.00 | −62.44% |
| 2010 | 2010-12-31 | 0.00 | — | — |
Magic Software Enterprises quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2024 | 2024-12-31 | 0.31 | −0.10 | −23.96% |
| Q4 2023 | 2023-12-31 | 0.41 | 0.10 | +34.27% |
| Q4 2022 | 2022-12-31 | 0.30 | −0.07 | −19.04% |
| Q4 2021 | 2021-12-31 | 0.38 | 0.11 | +40.04% |
| Q4 2020 | 2020-12-31 | 0.27 | 0.07 | +36.88% |
| Q4 2019 | 2019-12-31 | 0.20 | −0.02 | −9.65% |
| Q4 2018 | 2018-12-31 | 0.22 | −0.03 | −10.69% |
| Q2 2018 | 2018-06-30 | 0.17 | — | — |
| Q4 2017 | 2017-12-31 | 0.24 | 0.02 | +7.64% |
| Q4 2016 | 2016-12-31 | 0.23 | 0.21 | +1219.27% |
| Q4 2015 | 2015-12-31 | 0.02 | −0.00 | −5.23% |
| Q4 2014 | 2014-12-31 | 0.02 | −0.01 | −30.47% |
| Q4 2013 | 2013-12-31 | 0.03 | 0.03 | +12649.64% |
| Q4 2012 | 2012-12-31 | 0.00 | 0.00 | +435.66% |
| Q4 2011 | 2011-12-31 | 0.00 | −0.00 | −62.44% |
| Q4 2010 | 2010-12-31 | 0.00 | — | — |
Magic Software Enterprises debt-to-equity ratio trends
Over the last five fiscal years, Magic Software Enterprises's debt-to-equity ratio increased from 0.20 to 0.31, a change of 0.11. The latest reported quarter, Q4 2024, shows 0.31.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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