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

Magic Software Enterprises's debt-to-equity ratio was 0.31 for fiscal 2024.

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Magic Software Enterprises annual debt-to-equity ratio history

Magic Software Enterprises annual debt-to-equity ratio

Fiscal yearPeriod endedDebt-to-equity ratioChangeGrowth
20242024-12-310.31−0.10−23.96%
20232023-12-310.410.10+34.27%
2022 · Dec 312022-12-310.30−0.07−19.04%
20212021-12-310.380.11+40.04%
20202020-12-310.270.07+36.88%
20192019-12-310.20−0.02−9.65%
20182018-12-310.22−0.03−10.69%
20172017-12-310.240.02+7.64%
20162016-12-310.230.21+1219.27%
20152015-12-310.02−0.00−5.23%
20142014-12-310.02−0.01−30.47%
20132013-12-310.030.03+12649.64%
20122012-12-310.000.00+435.66%
20112011-12-310.00−0.00−62.44%
20102010-12-310.00

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.

About the metric

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.

Calculation and source

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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