Magic Software Enterprises Ltd Working Capital to Net Assets Ratio
Magic Software Enterprises Ltd 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. Check Magic Software Enterprises Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Magic Software Enterprises Ltd (1991–2024)
Working capital to net assets ratio of Magic Software Enterprises Ltd from 1991 to 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. See Magic Software Enterprises Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Magic Software Enterprises Ltd Working Capital to Net Assets Ratio by Year (1991–2024)
Magic Software Enterprises Ltd working capital to net assets ratio by year from 1991 to 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 the complete balance sheet picture, see Magic Software Enterprises Ltd (MGIC) total assets.
| 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 | — |