Magic Software Enterprises Ltd (MGIC) - Total Liabilities
Based on the latest financial reports, Magic Software Enterprises Ltd (MGIC) has total liabilities worth ILA258.98 Million ILA (≈ $694.31K USD) as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Also explore net asset growth rate of Magic Software Enterprises Ltd to track the company's year-over-year net asset growth rate.
Magic Software Enterprises Ltd - Total Liabilities Trend (1991–2024)
This chart illustrates how Magic Software Enterprises Ltd's total liabilities have evolved over time, based on quarterly financial data. See MGIC free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Magic Software Enterprises Ltd Competitors by Total Liabilities
The table below lists competitors of Magic Software Enterprises Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Wuhan Huazhong Numerical Control Co Ltd
SHE:300161
|
China | CN¥2.93 Billion |
|
Fujian Nanping Sun Cable Co Ltd
SHE:002300
|
China | CN¥4.27 Billion |
|
Precision Wires India Limited
NSE:PRECWIRE
|
India | Rs9.17 Billion |
|
Omnijoi Media Corp
SHE:300528
|
China | CN¥1.46 Billion |
|
China Shineway Pharmaceutical Group Limited
F:C1S
|
Germany | €2.72 Billion |
|
Chongqing Gangjiu Co Ltd
SHG:600279
|
China | CN¥5.14 Billion |
|
Acast AB
ST:ACAST
|
Sweden | Skr942.78 Million |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
China | CN¥1.82 Billion |
Liability Composition Analysis (1991–2024)
This chart breaks down Magic Software Enterprises Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see Magic Software Enterprises Ltd (MGIC) market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.48 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.94 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.46 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Magic Software Enterprises Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Magic Software Enterprises Ltd (1991–2024)
The table below shows the annual total liabilities of Magic Software Enterprises Ltd from 1991 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | ILA239.26 Million ≈ $641.45K |
+3.37% |
| 2023-12-31 | ILA231.46 Million ≈ $620.54K |
+12.52% |
| 2022-12-31 | ILA205.70 Million ≈ $551.48K |
+10.63% |
| 2021-12-31 | ILA185.94 Million ≈ $498.51K |
+24.51% |
| 2020-12-31 | ILA149.34 Million ≈ $400.38K |
+23.56% |
| 2019-12-31 | ILA120.86 Million ≈ $324.03K |
+39.37% |
| 2018-12-31 | ILA86.72 Million ≈ $232.50K |
-15.84% |
| 2017-12-31 | ILA103.05 Million ≈ $276.27K |
+9.19% |
| 2016-12-31 | ILA94.37 Million ≈ $253.01K |
+129.60% |
| 2015-12-31 | ILA41.10 Million ≈ $110.20K |
+24.61% |
| 2014-12-31 | ILA32.98 Million ≈ $88.43K |
-6.16% |
| 2013-12-31 | ILA35.15 Million ≈ $94.24K |
+9.98% |
| 2012-12-31 | ILA31.96 Million ≈ $85.69K |
+13.90% |
| 2011-12-31 | ILA28.06 Million ≈ $75.23K |
+26.65% |
| 2010-12-31 | ILA22.16 Million ≈ $59.40K |
-27.03% |
| 2009-12-31 | ILA30.36 Million ≈ $81.40K |
+90.95% |
| 2008-12-31 | ILA15.90 Million ≈ $42.63K |
-24.48% |
| 2007-12-31 | ILA21.05 Million ≈ $56.45K |
-4.89% |
| 2006-12-31 | ILA22.14 Million ≈ $59.35K |
+5.96% |
| 2005-12-31 | ILA20.89 Million ≈ $56.01K |
+4.93% |
| 2004-12-31 | ILA19.91 Million ≈ $53.37K |
-11.20% |
| 2003-12-31 | ILA22.42 Million ≈ $60.10K |
+0.66% |
| 2002-12-31 | ILA22.27 Million ≈ $59.71K |
-15.44% |
| 2001-12-31 | ILA26.34 Million ≈ $70.62K |
-7.05% |
| 2000-12-31 | ILA28.34 Million ≈ $75.98K |
+28.30% |
| 1999-12-31 | ILA22.09 Million ≈ $59.22K |
+38.92% |
| 1998-12-31 | ILA15.90 Million ≈ $42.63K |
-10.67% |
| 1997-12-31 | ILA17.80 Million ≈ $47.72K |
+49.58% |
| 1996-12-31 | ILA11.90 Million ≈ $31.90K |
+25.26% |
| 1995-12-31 | ILA9.50 Million ≈ $25.47K |
+86.27% |
| 1994-12-31 | ILA5.10 Million ≈ $13.67K |
+27.50% |
| 1993-12-31 | ILA4.00 Million ≈ $10.72K |
+66.67% |
| 1992-12-31 | ILA2.40 Million ≈ $6.43K |
+100.00% |
| 1991-12-31 | ILA1.20 Million ≈ $3.22K |
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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