Magic Software Enterprises Ltd Total Liabilities
Magic Software Enterprises Ltd 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. Check Magic Software Enterprises Ltd (MGIC) asset resilience to evaluate the company's liquid asset resilience ratio.
Total Liabilities of Magic Software Enterprises Ltd (1991–2024)
Total liabilities of Magic Software Enterprises Ltd from 1991 to 2024. This chart illustrates how Magic Software Enterprises Ltd's total liabilities have evolved over time, based on quarterly financial data. Explore Magic Software Enterprises Ltd (MGIC) investment intensity to see how much of total assets are deployed in long-term investments.
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 |
|---|---|---|
|
Bowman Consulting Group Ltd
NASDAQ:BWMN
|
USA | $363.57 Million |
|
BMC Medical Co. Ltd. A
SHE:301367
|
China | CN¥514.94 Million |
|
Beijing Join-Cheer Software Co Ltd
SHE:002279
|
China | CN¥839.95 Million |
|
Independent Bank Corporation
NASDAQ:IBCP
|
USA | $5.14 Billion |
|
Zhejiang Kingland Pipeline and Technologies Co Ltd
SHE:002443
|
China | CN¥1.01 Billion |
|
China Shineway Pharmaceutical Group Limited
F:C1S
|
Germany | €2.72 Billion |
|
Anhui Coreach Technology Co Ltd
SHE:002983
|
China | CN¥563.08 Million |
|
EUREKA FORBES LTD
NSE:EUREKAFORB
|
India | Rs21.35 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 complete balance sheet picture, see Magic Software Enterprises Ltd total assets.
Liquidity & Leverage Metrics
Magic Software Enterprises Ltd Total Liabilities Ratios Explained
Magic Software Enterprises Ltd total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| 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