Magic Software Enterprises annual net debt
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2024
Magic Software Enterprises Net Debt Growth & History (RMTHF)
Magic Software Enterprises's net debt was −$26.6M for fiscal 2024.
View full Magic Software Enterprises company overviewMagic Software Enterprises annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | −$26.6M | −$29.4M | — |
| 2023 | 2023-12-31 | $2.8M | $5.8M | — |
| 2022 · Dec 31 | 2022-12-31 | −$3.0M | −$14.7M | — |
| 2021 | 2021-12-31 | $11.6M | $29.8M | — |
| 2020 | 2020-12-31 | −$18.2M | $15.1M | — |
| 2019 | 2019-12-31 | −$33.3M | $859,000 | — |
| 2018 | 2018-12-31 | −$34.2M | −$9.2M | — |
| 2017 | 2017-12-31 | −$25.0M | $6.0M | — |
| 2016 | 2016-12-31 | −$31.0M | $27.9M | — |
| 2015 | 2015-12-31 | −$58.9M | $10.3M | — |
| 2014 | 2014-12-31 | −$69.2M | −$37.4M | — |
| 2013 | 2013-12-31 | −$31.8M | $5.9M | — |
| 2012 | 2012-12-31 | −$37.7M | −$9.0M | — |
| 2011 | 2011-12-31 | −$28.7M | — | — |
Magic Software Enterprises quarterly net debt
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Q4.15
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Q4.17
Q2.18
Q4.18
Q4.19
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Q4.21
Q4.22
Q4.23
Q4.24
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q4 2024 | 2024-12-31 | −$26.6M | −$29.4M | — |
| Q4 2023 | 2023-12-31 | $2.8M | $5.8M | — |
| Q4 2022 | 2022-12-31 | −$3.0M | −$14.7M | — |
| Q4 2021 | 2021-12-31 | $11.6M | $29.8M | — |
| Q4 2020 | 2020-12-31 | −$18.2M | $15.1M | — |
| Q4 2019 | 2019-12-31 | −$33.3M | $859,000 | — |
| Q4 2018 | 2018-12-31 | −$34.2M | −$9.2M | — |
| Q2 2018 | 2018-06-30 | −$43.4M | — | — |
| Q4 2017 | 2017-12-31 | −$25.0M | $6.0M | — |
| Q4 2016 | 2016-12-31 | −$31.0M | $27.9M | — |
| Q4 2015 | 2015-12-31 | −$58.9M | $10.3M | — |
| Q4 2014 | 2014-12-31 | −$69.2M | −$37.4M | — |
| Q4 2013 | 2013-12-31 | −$31.8M | $5.9M | — |
| Q4 2012 | 2012-12-31 | −$37.7M | −$9.0M | — |
| Q4 2011 | 2011-12-31 | −$28.7M | — | — |
Magic Software Enterprises net debt trends
Over the last five fiscal years, Magic Software Enterprises's net debt increased from −$33.3M to −$26.6M, a change of $6.7M. The latest reported quarter, Q4 2024, shows −$26.6M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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