Magic Non Current Liabilities Total from 2010 to 2024

MGIC Stock  USD 11.95  0.71  6.32%   
Magic Software's Non Current Liabilities Total is increasing over the years with slightly volatile fluctuation. Overall, Non Current Liabilities Total is expected to go to about 94.3 M this year. During the period from 2010 to 2024 Magic Software Non Current Liabilities Total annual values regression line had geometric mean of  17,882,685 and mean square error of 101.9 T. View All Fundamentals
 
Non Current Liabilities Total  
First Reported
1991-12-31
Previous Quarter
75.1 M
Current Value
72.6 M
Quarterly Volatility
29.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Magic Software financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magic Software's main balance sheet or income statement drivers, such as Depreciation And Amortization of 21.6 M, Interest Expense of 9.7 M or Total Revenue of 561.8 M, as well as many indicators such as Price To Sales Ratio of 0.84, Dividend Yield of 0.038 or PTB Ratio of 2.49. Magic financial statements analysis is a perfect complement when working with Magic Software Valuation or Volatility modules.
  
Check out the analysis of Magic Software Correlation against competitors.

Latest Magic Software's Non Current Liabilities Total Growth Pattern

Below is the plot of the Non Current Liabilities Total of Magic Software Enterprises over the last few years. It is Magic Software's Non Current Liabilities Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magic Software's overall financial position and show how it may be relating to other accounts over time.
Non Current Liabilities Total10 Years Trend
Slightly volatile
   Non Current Liabilities Total   
       Timeline  

Magic Non Current Liabilities Total Regression Statistics

Arithmetic Mean41,034,410
Geometric Mean17,882,685
Coefficient Of Variation83.99
Mean Deviation29,954,783
Median43,877,000
Standard Deviation34,466,108
Sample Variance1187.9T
Range94.1M
R-Value0.96
Mean Square Error101.9T
R-Squared0.92
Slope7,393,482
Total Sum of Squares16630.8T

Magic Non Current Liabilities Total History

202494.3 M
202389.8 M
202273.1 M
202179.7 M
202064.5 M
201954 M
201833.8 M

About Magic Software Financial Statements

Magic Software stakeholders use historical fundamental indicators, such as Magic Software's Non Current Liabilities Total, to determine how well the company is positioned to perform in the future. Although Magic Software investors may analyze each financial statement separately, they are all interrelated. For example, changes in Magic Software's assets and liabilities are reflected in the revenues and expenses on Magic Software's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Magic Software Enterprises. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Non Current Liabilities Total89.8 M94.3 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Magic Software Enter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magic Software's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magic Software Enterprises Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magic Software Enterprises Stock:
Check out the analysis of Magic Software Correlation against competitors.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magic Software. If investors know Magic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magic Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Earnings Share
0.7
Revenue Per Share
10.659
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0673
The market value of Magic Software Enter is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Software's value that differs from its market value or its book value, called intrinsic value, which is Magic Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magic Software's market value can be influenced by many factors that don't directly affect Magic Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magic Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.