Magic Software Enterprises Ltd (MGIC) — Defensive Interval Ratio
Magic Software Enterprises Ltd (MGIC) has a Defensive Interval Ratio of 344 days as of September 2025. Defensive assets of ILA181.87 Million (cash ILA-, short-term investments ILA2.00K, receivables ILA181.87 Million) cover 344 days of daily cash needs of ILA528.12K/day. Check tangible net worth ratio of Magic Software Enterprises Ltd to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Magic Software Enterprises Ltd Defensive Interval Ratio (1991–2024)
This chart shows how Magic Software Enterprises Ltd's Defensive Interval Ratio has evolved across 34 annual periods from 1991 to 2024. As of September 2025, the ratio stands at 344 days, meaning defensive assets of ILA181.87 Million can fund 344 days of operations without new revenue. Also explore MGIC net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Magic Software Enterprises Ltd (1991–2024)
The table below presents the year-by-year Defensive Interval Ratio for Magic Software Enterprises Ltd from 1991 to 2024, covering 34 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see market cap of Magic Software Enterprises Ltd.
| Year | DIR (days) | Defensive Assets (ILA) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 337 days | ILA157.40 Million | ILA466.59K/day | ILA- | ILA7.62 Million | ▼ -15 days |
| 2023 | 352 days | ILA136.61 Million | ILA388.22K/day | ILA- | ILA5.51 Million | ▼ -67 days |
| 2022 | 419 days | ILA152.38 Million | ILA363.40K/day | ILA- | ILA3.90 Million | ▼ -92 days |
| 2021 | 511 days | ILA148.80 Million | ILA291.10K/day | ILA- | ILA6.73 Million | ▲ +27 days |
| 2020 | 484 days | ILA112.59 Million | ILA232.41K/day | ILA- | ILA1.53 Million | ▼ -162 days |
| 2019 | 647 days | ILA118.48 Million | ILA183.24K/day | ILA- | ILA13.60 Million | ▼ -181 days |
| 2018 | 828 days | ILA120.08 Million | ILA145.10K/day | ILA- | ILA26.79 Million | ▲ +193 days |
| 2017 | 635 days | ILA102.91 Million | ILA162.11K/day | ILA- | ILA14.87 Million | ▼ -89 days |
| 2016 | 724 days | ILA80.44 Million | ILA111.16K/day | ILA- | ILA12.51 Million | ▼ -141 days |
| 2015 | 865 days | ILA69.96 Million | ILA80.89K/day | ILA- | ILA14.50 Million | ▲ +131 days |
| 2014 | 734 days | ILA54.38 Million | ILA74.14K/day | ILA- | ILA11.91 Million | ▲ +290 days |
| 2013 | 444 days | ILA34.65 Million | ILA78.03K/day | ILA- | ILA854.00K | ▲ +55 days |
| 2012 | 389 days | ILA31.94 Million | ILA82.10K/day | ILA- | ILA1.22 Million | ▼ -62 days |
| 2011 | 451 days | ILA31.64 Million | ILA70.17K/day | ILA- | ILA3.41 Million | ▲ +32 days |
| 2010 | 419 days | ILA21.36 Million | ILA51.04K/day | ILA- | ILA2.88 Million | ▲ +9 days |
| 2009 | 410 days | ILA33.39 Million | ILA81.50K/day | ILA- | ILA17.52 Million | ▼ -73 days |
| 2008 | 483 days | ILA18.42 Million | ILA38.16K/day | ILA- | ILA5.28 Million | ▼ -191 days |
| 2007 | 674 days | ILA34.33 Million | ILA50.98K/day | ILA- | ILA4.18 Million | ▲ +356 days |
| 2006 | 318 days | ILA16.90 Million | ILA53.16K/day | ILA- | ILA4.72 Million | ▼ -71 days |
| 2005 | 389 days | ILA19.39 Million | ILA49.86K/day | ILA- | ILA4.75 Million | ▼ -154 days |
| 2004 | 543 days | ILA25.81 Million | ILA47.56K/day | ILA- | ILA5.22 Million | ▲ +135 days |
| 2003 | 408 days | ILA22.31 Million | ILA54.70K/day | ILA- | ILA- | ▲ +89 days |
| 2002 | 318 days | ILA17.45 Million | ILA54.79K/day | ILA- | ILA- | ▼ -42 days |
| 2001 | 360 days | ILA23.47 Million | ILA65.11K/day | ILA- | ILA- | ▼ -98 days |
| 2000 | 459 days | ILA29.01 Million | ILA63.21K/day | ILA- | ILA- | ▲ +73 days |
| 1999 | 386 days | ILA21.08 Million | ILA54.67K/day | ILA- | ILA- | ▲ +23 days |
| 1998 | 362 days | ILA14.00 Million | ILA38.63K/day | ILA- | ILA- | ▲ +89 days |
| 1997 | 274 days | ILA12.30 Million | ILA44.93K/day | ILA- | ILA- | ▼ -256 days |
| 1996 | 530 days | ILA15.10 Million | ILA28.49K/day | ILA- | ILA- | ▲ +6 days |
| 1995 | 524 days | ILA11.20 Million | ILA21.37K/day | ILA- | ILA- | ▼ -190 days |
| 1994 | 714 days | ILA9.20 Million | ILA12.88K/day | ILA- | ILA- | ▼ -107 days |
| 1993 | 821 days | ILA8.10 Million | ILA9.86K/day | ILA- | ILA- | ▲ +178 days |
| 1992 | 643 days | ILA3.70 Million | ILA5.75K/day | ILA- | ILA- | ▲ +59 days |
| 1991 | 584 days | ILA1.60 Million | ILA2.74K/day | ILA- | ILA- | — |