Magic Software Enterprises Ltd (MGIC) - Total Assets
Based on the latest financial reports, Magic Software Enterprises Ltd (MGIC) holds total assets worth ILA559.81 Million ILA (≈ $1.50 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore Magic Software Enterprises Ltd (MGIC) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Magic Software Enterprises Ltd - Total Assets Trend (1991–2024)
This chart illustrates how Magic Software Enterprises Ltd's total assets have evolved over time, based on quarterly financial data. See Magic Software Enterprises Ltd book value and equity for net asset value and shareholders' equity analysis.
Magic Software Enterprises Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Magic Software Enterprises Ltd's total assets of ILA559.81 Million consist of 51.1% current assets and 48.9% non-current assets.
| Asset Category | Amount (ILA) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ILA0.00 | 20.9% |
| Accounts Receivable | ILA149.78 Million | 27.7% |
| Inventory | ILA0.00 | 0.0% |
| Property, Plant & Equipment | ILA0.00 | 0.0% |
| Intangible Assets | ILA45.29 Million | 8.4% |
| Goodwill | ILA172.51 Million | 31.9% |
Asset Composition Trend (1991–2024)
This chart illustrates how Magic Software Enterprises Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market cap of Magic Software Enterprises Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Magic Software Enterprises Ltd's current assets represent 51.1% of total assets in 2024, a decrease from 75.2% in 1991.
- Cash Position: Cash and equivalents constituted 20.9% of total assets in 2024, down from 35.2% in 1991.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 39.0% of total assets, an increase from 0.0% in 1991.
- Asset Diversification: The largest asset category is goodwill at 31.9% of total assets.
Magic Software Enterprises Ltd Competitors by Total Assets
Key competitors of Magic Software Enterprises Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Taiji Computer Corp Ltd
SHE:002368
|
China | CN¥15.25 Billion |
|
Guomai Technologies Inc
SHE:002093
|
China | CN¥4.63 Billion |
|
ArcherMind Technology Nanjing Co Ltd
SHE:300598
|
China | CN¥2.77 Billion |
|
Strait Innovation Internet Co Ltd
SHE:300300
|
China | CN¥1.10 Billion |
|
Suzhou Longway Electronic Machinery Co. Ltd. A
SHE:301202
|
China | CN¥1.96 Billion |
|
Shanghai Golden Bridge
SHG:603918
|
China | CN¥1.30 Billion |
|
Zhejiang Whyis Technology Co.Ltd.
SHE:301218
|
China | CN¥1.57 Billion |
|
Kwong Fong Industries Corp
TW:1416
|
Taiwan | NT$5.82 Billion |
Magic Software Enterprises Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.48 | 1.76 | 2.49 |
| Quick Ratio | 1.48 | 1.76 | 2.50 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ILA92.41 Million | ILA112.81 Million | ILA126.40 Million |
Magic Software Enterprises Ltd - Advanced Valuation Insights
This section examines the relationship between Magic Software Enterprises Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.19 |
| Latest Market Cap to Assets Ratio | 1.36 |
| Asset Growth Rate (YoY) | 3.4% |
| Total Assets | ILA540.33 Million |
| Market Capitalization | $736.62 Million USD |
Valuation Analysis
Above Book Valuation: The market values Magic Software Enterprises Ltd's assets above their book value (1.36x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Magic Software Enterprises Ltd's assets grew by 3.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Magic Software Enterprises Ltd (1991–2024)
The table below shows the annual total assets of Magic Software Enterprises Ltd from 1991 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ILA540.33 Million ≈ $1.45 Million |
+3.43% |
| 2023-12-31 | ILA522.41 Million ≈ $1.40 Million |
+2.24% |
| 2022-12-31 | ILA510.97 Million ≈ $1.37 Million |
+3.85% |
| 2021-12-31 | ILA492.05 Million ≈ $1.32 Million |
+10.99% |
| 2020-12-31 | ILA443.32 Million ≈ $1.19 Million |
+8.80% |
| 2019-12-31 | ILA407.48 Million ≈ $1.09 Million |
+12.46% |
| 2018-12-31 | ILA362.33 Million ≈ $971.38K |
+5.80% |
| 2017-12-31 | ILA342.45 Million ≈ $918.09K |
+8.02% |
| 2016-12-31 | ILA317.01 Million ≈ $849.90K |
+32.11% |
| 2015-12-31 | ILA239.96 Million ≈ $643.31K |
+7.23% |
| 2014-12-31 | ILA223.78 Million ≈ $599.95K |
+35.08% |
| 2013-12-31 | ILA165.67 Million ≈ $444.16K |
+8.82% |
| 2012-12-31 | ILA152.24 Million ≈ $408.14K |
+14.13% |
| 2011-12-31 | ILA133.39 Million ≈ $357.62K |
+20.15% |
| 2010-12-31 | ILA111.02 Million ≈ $297.64K |
+26.81% |
| 2009-12-31 | ILA87.55 Million ≈ $234.72K |
+5.92% |
| 2008-12-31 | ILA82.66 Million ≈ $221.60K |
+0.44% |
| 2007-12-31 | ILA82.30 Million ≈ $220.64K |
+17.72% |
| 2006-12-31 | ILA69.91 Million ≈ $187.43K |
-5.17% |
| 2005-12-31 | ILA73.72 Million ≈ $197.65K |
-8.17% |
| 2004-12-31 | ILA80.28 Million ≈ $215.24K |
+3.19% |
| 2003-12-31 | ILA77.80 Million ≈ $208.58K |
-7.95% |
| 2002-12-31 | ILA84.52 Million ≈ $226.60K |
-10.66% |
| 2001-12-31 | ILA94.61 Million ≈ $253.65K |
-31.44% |
| 2000-12-31 | ILA138.00 Million ≈ $369.96K |
+142.73% |
| 1999-12-31 | ILA56.85 Million ≈ $152.42K |
+72.28% |
| 1998-12-31 | ILA33.00 Million ≈ $88.47K |
+13.01% |
| 1997-12-31 | ILA29.20 Million ≈ $78.28K |
-14.12% |
| 1996-12-31 | ILA34.00 Million ≈ $91.15K |
+38.21% |
| 1995-12-31 | ILA24.60 Million ≈ $65.95K |
+23.00% |
| 1994-12-31 | ILA20.00 Million ≈ $53.62K |
+1.52% |
| 1993-12-31 | ILA19.70 Million ≈ $52.82K |
+47.01% |
| 1992-12-31 | ILA13.40 Million ≈ $35.92K |
+27.62% |
| 1991-12-31 | ILA10.50 Million ≈ $28.15K |
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About 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