Magic Software Enterprises annual depreciation and amortization
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Magic Software Enterprises Depreciation & Amortization Growth & History (RMTHF)
Magic Software Enterprises's depreciation and amortization was $20.8M for fiscal 2024.
View full Magic Software Enterprises company overviewMagic Software Enterprises annual depreciation and amortization history
| Fiscal year | Period ended | Depreciation and amortization | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | $20.8M | $209,000 | +1.02% |
| 2023 | 2023-12-31 | $20.6M | $758,000 | +3.83% |
| 2022 | 2022-12-31 | $19.8M | $4.9M | +33.28% |
| 2021 | 2021-12-31 | $14.9M | $913,000 | +6.55% |
| 2020 | 2020-12-31 | $13.9M | −$86,000 | −0.61% |
| 2019 | 2019-12-31 | $14.0M | $1.5M | +11.63% |
| 2018 | 2018-12-31 | $12.6M | −$1.0M | −7.69% |
| 2017 | 2017-12-31 | $13.6M | $2.0M | +17.26% |
| 2016 | 2016-12-31 | $11.6M | $1.7M | +17.43% |
| 2015 | 2015-12-31 | $9.9M | $1.2M | +14.15% |
| 2014 | 2014-12-31 | $8.7M | $280,000 | +3.34% |
| 2013 | 2013-12-31 | $8.4M | $936,000 | +12.57% |
| 2012 | 2012-12-31 | $7.4M | $2.4M | +47.70% |
| 2011 | 2011-12-31 | $5.0M | $474,000 | +10.38% |
| 2010 | 2010-12-31 | $4.6M | — | — |
Magic Software Enterprises depreciation and amortization trends
Over the last five fiscal years, Magic Software Enterprises's depreciation and amortization increased from $14.0M to $20.8M, a change of $6.7M.
About the metric
What depreciation and amortization mean
Depreciation and amortization allocate the cost of tangible and intangible assets over their useful lives. These non-cash expenses reduce reported earnings and are commonly added back when calculating EBITDA and operating cash flow.
Calculation and source
Reported depreciation and amortization
TickerStat uses a combined depreciation and amortization value when reported. If a company reports the two components separately for an aligned period, they are added together without duplicating overlapping facts. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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