Magic Software Enterprises Ltd
Magic Software Enterprises Ltd. provides proprietary application development, vertical software solutions, business process integration, information technologies (IT) outsourcing software services, and cloud-based services worldwide. It operates in two segments, Software Services and IT Professional Services. The Software Services segment develops, markets, sells, and supports proprietary and non… Read more
Magic Software Enterprises Ltd (MGIC) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.064x
Based on the latest financial reports, Magic Software Enterprises Ltd (MGIC) has a cash flow conversion efficiency ratio of 0.064x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($19.37 Million) by net assets ($300.83 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Magic Software Enterprises Ltd - Cash Flow Conversion Efficiency Trend (1991–2024)
This chart illustrates how Magic Software Enterprises Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Magic Software Enterprises Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Magic Software Enterprises Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Via Transportation, Inc.
NASDAQ:VIA
|
-0.001x |
|
Compania de Transporte de Energia Electrica en Alta Tension Transener SA
BA:TRAN
|
0.118x |
|
Radware Ltd
NASDAQ:RDWR
|
0.044x |
|
Syngene International Limited
NSE:SYNGENE
|
-0.010x |
|
Sichuan Swellfun Co Ltd
SHG:600779
|
-0.072x |
|
Wuxi Longsheng Technology Co Ltd
SHE:300680
|
0.058x |
|
CCL Products (India) Limited
NSE:CCL
|
0.147x |
|
DCM Holdings Co., Ltd.
PINK:DCMJF
|
N/A |
Annual Cash Flow Conversion Efficiency for Magic Software Enterprises Ltd (1991–2024)
The table below shows the annual cash flow conversion efficiency of Magic Software Enterprises Ltd from 1991 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $301.07 Million | $74.83 Million | 0.249x | +4.82% |
| 2023-12-31 | $290.94 Million | $68.99 Million | 0.237x | +46.18% |
| 2022-12-31 | $305.27 Million | $49.52 Million | 0.162x | +22.63% |
| 2021-12-31 | $306.10 Million | $40.49 Million | 0.132x | -25.63% |
| 2020-12-31 | $293.98 Million | $52.30 Million | 0.178x | +10.96% |
| 2019-12-31 | $286.61 Million | $45.95 Million | 0.160x | +83.71% |
| 2018-12-31 | $275.60 Million | $24.05 Million | 0.087x | -18.10% |
| 2017-12-31 | $239.40 Million | $25.51 Million | 0.107x | -15.14% |
| 2016-12-31 | $222.64 Million | $27.95 Million | 0.126x | +27.27% |
| 2015-12-31 | $198.85 Million | $19.62 Million | 0.099x | +3.46% |
| 2014-12-31 | $190.80 Million | $18.19 Million | 0.095x | -44.14% |
| 2013-12-31 | $130.52 Million | $22.28 Million | 0.171x | -10.53% |
| 2012-12-31 | $120.28 Million | $22.95 Million | 0.191x | +31.88% |
| 2011-12-31 | $105.33 Million | $15.24 Million | 0.145x | -10.70% |
| 2010-12-31 | $88.86 Million | $14.40 Million | 0.162x | +22.98% |
| 2009-12-31 | $57.19 Million | $7.53 Million | 0.132x | +14.61% |
| 2008-12-31 | $66.75 Million | $7.67 Million | 0.115x | -19.69% |
| 2007-12-31 | $61.24 Million | $8.77 Million | 0.143x | +78.47% |
| 2006-12-31 | $47.77 Million | $3.83 Million | 0.080x | -24.31% |
| 2005-12-31 | $52.83 Million | $5.60 Million | 0.106x | +29.06% |
| 2004-12-31 | $60.38 Million | $4.96 Million | 0.082x | +5.08% |
| 2003-12-31 | $55.38 Million | $4.33 Million | 0.078x | +329.04% |
| 2002-12-31 | $62.25 Million | $-2.12 Million | -0.034x | +56.47% |
| 2001-12-31 | $68.27 Million | $-5.35 Million | -0.078x | -17.00% |
| 2000-12-31 | $109.66 Million | $-7.34 Million | -0.067x | -122.48% |
| 1999-12-31 | $34.76 Million | $10.35 Million | 0.298x | +418.32% |
| 1998-12-31 | $17.10 Million | $-1.60 Million | -0.094x | -206.67% |
| 1997-12-31 | $11.40 Million | $1.00 Million | 0.088x | +14.04% |
| 1996-12-31 | $22.10 Million | $1.70 Million | 0.077x | +132.31% |
| 1995-12-31 | $15.10 Million | $500.00K | 0.033x | -87.35% |
| 1994-12-31 | $14.90 Million | $3.90 Million | 0.262x | +927.35% |
| 1993-12-31 | $15.70 Million | $400.00K | 0.025x | -59.96% |
| 1992-12-31 | $11.00 Million | $700.00K | 0.064x | -50.68% |
| 1991-12-31 | $9.30 Million | $1.20 Million | 0.129x | -- |