Magic Software Enterprises Ltd (MGIC) — Cash Flow Quality Index
Magic Software Enterprises Ltd (MGIC) has a Cash Flow Quality Index of 1.96x as of September 2025. Operating cash flow of ILA19.37 Million exceeds net income of ILA9.86 Million, indicating high earnings quality where cash backs reported profits. Explore Magic Software Enterprises Ltd cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Magic Software Enterprises Ltd Cash Flow Quality Index (1991–2024)
Historical Cash Flow Quality Index for Magic Software Enterprises Ltd across 26 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see MGIC cash flow metrics.
Annual Cash Flow Quality Index for Magic Software Enterprises Ltd (1991–2024)
Year-by-year earnings quality comparison for Magic Software Enterprises Ltd.
| Year | Quality Index | Operating CF (ILA) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.73x | ILA74.83 Million | ILA43.29 Million | ▲ +6.5% |
| 2023 | 1.62x | ILA68.99 Million | ILA42.50 Million | ▲ +52.5% |
| 2022 | 1.06x | ILA49.52 Million | ILA46.52 Million | ▼ -8.2% |
| 2021 | 1.16x | ILA40.49 Million | ILA34.90 Million | ▼ -33.2% |
| 2020 | 1.74x | ILA52.30 Million | ILA30.12 Million | ▼ -3.3% |
| 2019 | 1.79x | ILA45.95 Million | ILA25.60 Million | ▲ +84.9% |
| 2018 | 0.97x | ILA24.05 Million | ILA24.78 Million | ▼ -34.3% |
| 2017 | 1.48x | ILA26.47 Million | ILA17.91 Million | ▼ -11.7% |
| 2016 | 1.67x | ILA27.95 Million | ILA16.71 Million | ▲ +45.6% |
| 2015 | 1.15x | ILA19.62 Million | ILA17.08 Million | ▲ +4.6% |
| 2014 | 1.10x | ILA18.19 Million | ILA16.57 Million | ▼ -16.9% |
| 2013 | 1.32x | ILA22.28 Million | ILA16.86 Million | ▼ -5.2% |
| 2012 | 1.39x | ILA22.95 Million | ILA16.46 Million | ▲ +37.6% |
| 2011 | 1.01x | ILA15.24 Million | ILA15.04 Million | ▼ -34.0% |
| 2010 | 1.54x | ILA14.40 Million | ILA9.38 Million | ▲ +25.9% |
| 2009 | 1.22x | ILA7.53 Million | ILA6.18 Million | ▼ -28.3% |
| 2008 | 1.70x | ILA7.67 Million | ILA4.51 Million | ▲ +144.8% |
| 2007 | 0.70x | ILA8.77 Million | ILA12.61 Million | ▼ -42.6% |
| 2004 | 1.21x | ILA4.96 Million | ILA4.09 Million | ▼ -14.1% |
| 2003 | 1.41x | ILA4.33 Million | ILA3.07 Million | ▲ +117.7% |
| 2000 | -7.98x | ILA-7.34 Million | ILA920.00K | ▼ -940.8% |
| 1999 | 0.95x | ILA10.35 Million | ILA10.91 Million | ▼ -11.4% |
| 1996 | 1.07x | ILA1.50 Million | ILA1.40 Million | ▲ +569.6% |
| 1993 | 0.16x | ILA400.00K | ILA2.50 Million | ▼ -70.3% |
| 1992 | 0.54x | ILA700.00K | ILA1.30 Million | ▼ -55.1% |
| 1991 | 1.20x | ILA1.20 Million | ILA1.00 Million | — |