Magic Software Enterprises Ltd (MGIC) — Working Capital to Net Assets Ratio
Magic Software Enterprises Ltd (MGIC) has a Working Capital to Net Assets ratio of 30.7% as of September 2025. Working capital of ILA92.41 Million (current assets of ILA285.18 Million minus current liabilities of ILA192.76 Million) is measured against net assets of ILA300.83 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Magic Software Enterprises Ltd net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Magic Software Enterprises Ltd Working Capital to Net Assets (1991–2024)
This chart shows how Magic Software Enterprises Ltd's Working Capital to Net Assets ratio has evolved across 34 annual periods from 1991 to 2024. As of September 2025, the ratio stands at 30.7%, reflecting working capital of ILA92.41 Million against net assets of ILA300.83 Million ILA. Check tangible net worth ratio of Magic Software Enterprises Ltd to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Magic Software Enterprises Ltd (1991–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Magic Software Enterprises Ltd from 1991 to 2024, covering 34 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see MGIC market cap.
| Year | WC/NA Ratio | Working Capital (ILA) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 35.2% | ILA105.89 Million | ILA301.07 Million | ILA276.20 Million | ILA170.31 Million | ▼ -4.3 pp |
| 2023 | 39.5% | ILA114.93 Million | ILA290.94 Million | ILA256.62 Million | ILA141.70 Million | ▲ +0.7 pp |
| 2022 | 38.8% | ILA118.34 Million | ILA305.27 Million | ILA250.98 Million | ILA132.64 Million | ▼ -7.1 pp |
| 2021 | 45.9% | ILA140.53 Million | ILA306.10 Million | ILA246.78 Million | ILA106.25 Million | ▲ +2.9 pp |
| 2020 | 43.0% | ILA126.40 Million | ILA293.98 Million | ILA211.23 Million | ILA84.83 Million | ▼ -5.2 pp |
| 2019 | 48.2% | ILA138.17 Million | ILA286.61 Million | ILA205.05 Million | ILA66.88 Million | ▼ -9.2 pp |
| 2018 | 57.4% | ILA158.30 Million | ILA275.60 Million | ILA211.26 Million | ILA52.96 Million | ▲ +6.3 pp |
| 2017 | 51.1% | ILA122.38 Million | ILA239.40 Million | ILA181.55 Million | ILA59.17 Million | ▼ -1.9 pp |
| 2016 | 53.1% | ILA118.12 Million | ILA222.64 Million | ILA158.70 Million | ILA40.58 Million | ▼ -0.9 pp |
| 2015 | 54.0% | ILA107.31 Million | ILA198.85 Million | ILA136.83 Million | ILA29.52 Million | ▲ +0.9 pp |
| 2014 | 53.0% | ILA101.19 Million | ILA190.80 Million | ILA128.25 Million | ILA27.06 Million | ▲ +18.8 pp |
| 2013 | 34.2% | ILA44.69 Million | ILA130.52 Million | ILA73.17 Million | ILA28.48 Million | ▼ -2.1 pp |
| 2012 | 36.4% | ILA43.73 Million | ILA120.28 Million | ILA73.70 Million | ILA29.97 Million | ▲ +0.4 pp |
| 2011 | 35.9% | ILA37.83 Million | ILA105.33 Million | ILA63.44 Million | ILA25.61 Million | ▼ -19.8 pp |
| 2010 | 55.7% | ILA49.48 Million | ILA88.86 Million | ILA68.11 Million | ILA18.63 Million | ▲ +6.7 pp |
| 2009 | 49.0% | ILA28.02 Million | ILA57.19 Million | ILA57.77 Million | ILA29.75 Million | ▼ -1.6 pp |
| 2008 | 50.6% | ILA33.76 Million | ILA66.75 Million | ILA47.69 Million | ILA13.93 Million | ▲ +3.6 pp |
| 2007 | 46.9% | ILA28.74 Million | ILA61.24 Million | ILA47.35 Million | ILA18.61 Million | ▲ +28.8 pp |
| 2006 | 18.1% | ILA8.64 Million | ILA47.77 Million | ILA28.05 Million | ILA19.40 Million | ▼ -7.4 pp |
| 2005 | 25.5% | ILA13.47 Million | ILA52.83 Million | ILA31.67 Million | ILA18.20 Million | ▼ -7.4 pp |
| 2004 | 32.9% | ILA19.85 Million | ILA60.38 Million | ILA37.21 Million | ILA17.36 Million | ▲ +2.5 pp |
| 2003 | 30.3% | ILA16.80 Million | ILA55.38 Million | ILA36.76 Million | ILA19.96 Million | ▼ -6.9 pp |
| 2002 | 37.3% | ILA23.20 Million | ILA62.25 Million | ILA43.20 Million | ILA20.00 Million | ▼ -3.8 pp |
| 2001 | 41.0% | ILA28.01 Million | ILA68.27 Million | ILA51.77 Million | ILA23.77 Million | ▼ -3.6 pp |
| 2000 | 44.7% | ILA48.97 Million | ILA109.66 Million | ILA72.04 Million | ILA23.07 Million | ▲ +17.0 pp |
| 1999 | 27.6% | ILA9.61 Million | ILA34.76 Million | ILA29.56 Million | ILA19.95 Million | ▼ -5.1 pp |
| 1998 | 32.7% | ILA5.60 Million | ILA17.10 Million | ILA19.70 Million | ILA14.10 Million | ▲ +37.1 pp |
| 1997 | -4.4% | ILA-500.00K | ILA11.40 Million | ILA15.90 Million | ILA16.40 Million | ▼ -49.2 pp |
| 1996 | 44.8% | ILA9.90 Million | ILA22.10 Million | ILA20.30 Million | ILA10.40 Million | ▲ +3.7 pp |
| 1995 | 41.1% | ILA6.20 Million | ILA15.10 Million | ILA14.00 Million | ILA7.80 Million | ▼ -8.6 pp |
| 1994 | 49.7% | ILA7.40 Million | ILA14.90 Million | ILA12.10 Million | ILA4.70 Million | ▼ -24.2 pp |
| 1993 | 73.9% | ILA11.60 Million | ILA15.70 Million | ILA15.20 Million | ILA3.60 Million | ▼ -15.2 pp |
| 1992 | 89.1% | ILA9.80 Million | ILA11.00 Million | ILA11.90 Million | ILA2.10 Million | ▲ +14.9 pp |
| 1991 | 74.2% | ILA6.90 Million | ILA9.30 Million | ILA7.90 Million | ILA1.00 Million | — |