Magic Historical Balance Sheet

MGIC Stock

USD 11.95 0.71 6.32%

Trend analysis of Magic Software Enterprises balance sheet accounts such as Total Stockholder Equity of 279.3 M provides information on Magic Software's total assets, liabilities, and equity, which is the actual value of Magic Software Enter to its prevalent stockholders. By breaking down trends over time using Magic Software balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Magic Software Enter latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Magic Software Enter is a good buy for the upcoming year.

Magic Software Inventory

1.05

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Software Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

About Magic Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Magic Software Enter at a specified time, usually calculated after every quarter, six months, or one year. Magic Software Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Magic Software and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Magic currently owns. An asset can also be divided into two categories, current and non-current.

Magic Software Balance Sheet Chart

At present, Magic Software's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 148.8 M, whereas Non Currrent Assets Other are projected to grow to (1.90).

Total Assets Other Current Liab Total Current Liabilities Total Stockholder Equity Long Term Debt Property Plant And Equipment Gross

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Total Assets

Total assets refers to the total amount of Magic Software assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Magic Software Enter books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Magic Software balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Magic Software Enterprises are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Long Term Debt

Long-term debt is a debt that Magic Software Enter has held for over one year. Long-term debt appears on Magic Software Enterprises balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Magic Software Enterprises balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most accounts from Magic Software's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Magic Software Enter current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Software Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

	2021	2022	2023	2024 (projected)
Other Current Liabilities	74.9M	103.1M	66.4M	69.7M
Total Assets	492.0M	511.0M	522.4M	548.5M

Other Current Liab Total Assets

Magic Software balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Short Term Debt	Intangible Assets	Common Stock	Other Liab	Current Deferred Revenue
Total Assets		0.87	0.93	0.96	0.87	0.3	0.89	0.93	0.94	0.99	0.07	0.88	0.99	0.69	0.95	-0.15	0.78	0.61	0.96	0.99	0.9	0.89	0.79	0.83	0.83	0.53
Other Current Liab	0.87		0.93	0.75	0.91	0.55	0.86	0.93	0.69	0.89	-0.11	0.58	0.91	0.5	0.85	-0.28	0.84	0.33	0.91	0.83	0.86	0.87	0.6	0.62	0.66	0.61
Total Current Liabilities	0.93	0.93		0.81	0.94	0.58	0.95	0.98	0.82	0.95	-0.14	0.69	0.94	0.48	0.94	-0.11	0.86	0.34	0.99	0.9	0.97	0.98	0.59	0.66	0.7	0.71
Total Stockholder Equity	0.96	0.75	0.81		0.74	0.03	0.77	0.81	0.97	0.93	0.18	0.95	0.93	0.82	0.84	-0.22	0.66	0.78	0.84	0.97	0.76	0.76	0.85	0.92	0.79	0.31
Property Plant And Equipment Net	0.87	0.91	0.94	0.74		0.6	0.88	0.91	0.71	0.91	-0.14	0.56	0.89	0.4	0.89	-0.1	0.96	0.26	0.94	0.81	0.9	0.94	0.52	0.57	0.77	0.77
Net Debt	0.3	0.55	0.58	0.03	0.6		0.58	0.57	0.07	0.37	-0.41	-0.11	0.35	-0.33	0.5	0.14	0.56	-0.49	0.56	0.21	0.64	0.63	-0.1	-0.15	0.2	0.82
Retained Earnings	0.89	0.86	0.95	0.77	0.88	0.58		0.95	0.81	0.89	-0.16	0.7	0.9	0.37	0.91	-0.21	0.78	0.27	0.95	0.87	0.97	0.96	0.51	0.6	0.63	0.75
Accounts Payable	0.93	0.93	0.98	0.81	0.91	0.57	0.95		0.82	0.93	-0.06	0.71	0.95	0.47	0.93	-0.14	0.83	0.33	0.98	0.91	0.96	0.96	0.58	0.65	0.7	0.69
Cash	0.94	0.69	0.82	0.97	0.71	0.07	0.81	0.82		0.91	0.1	0.97	0.9	0.73	0.86	-0.12	0.6	0.71	0.85	0.96	0.81	0.78	0.79	0.88	0.74	0.36
Non Current Assets Total	0.99	0.89	0.95	0.93	0.91	0.37	0.89	0.93	0.91		0.0	0.82	0.98	0.66	0.97	-0.13	0.82	0.56	0.97	0.96	0.92	0.91	0.78	0.8	0.84	0.56
Non Currrent Assets Other	0.07	-0.11	-0.14	0.18	-0.14	-0.41	-0.16	-0.06	0.1	0.0		0.25	0.09	0.24	-0.02	-0.02	-0.07	0.38	-0.09	0.15	-0.16	-0.14	0.19	0.19	0.24	-0.23
Cash And Short Term Investments	0.88	0.58	0.69	0.95	0.56	-0.11	0.7	0.71	0.97	0.82	0.25		0.83	0.76	0.76	-0.15	0.45	0.78	0.73	0.92	0.69	0.65	0.79	0.89	0.69	0.22
Net Receivables	0.99	0.91	0.94	0.93	0.89	0.35	0.9	0.95	0.9	0.98	0.09	0.83		0.65	0.95	-0.21	0.81	0.56	0.96	0.98	0.9	0.89	0.76	0.79	0.83	0.58
Common Stock Shares Outstanding	0.69	0.5	0.48	0.82	0.4	-0.33	0.37	0.47	0.73	0.66	0.24	0.76	0.65		0.5	-0.26	0.34	0.96	0.49	0.71	0.37	0.36	0.9	0.95	0.55	-0.18
Non Current Liabilities Total	0.95	0.85	0.94	0.84	0.89	0.5	0.91	0.93	0.86	0.97	-0.02	0.76	0.95	0.5		0.01	0.78	0.41	0.98	0.92	0.96	0.91	0.71	0.68	0.86	0.69
Inventory	-0.15	-0.28	-0.11	-0.22	-0.1	0.14	-0.21	-0.14	-0.12	-0.13	-0.02	-0.15	-0.21	-0.26	0.01		-0.12	-0.28	-0.06	-0.18	-0.01	-0.05	-0.19	-0.22	0.07	0.13
Other Current Assets	0.78	0.84	0.86	0.66	0.96	0.56	0.78	0.83	0.6	0.82	-0.07	0.45	0.81	0.34	0.78	-0.12		0.2	0.84	0.72	0.79	0.87	0.4	0.49	0.71	0.74
Other Stockholder Equity	0.61	0.33	0.34	0.78	0.26	-0.49	0.27	0.33	0.71	0.56	0.38	0.78	0.56	0.96	0.41	-0.28	0.2		0.37	0.66	0.26	0.24	0.87	0.9	0.52	-0.27
Total Liab	0.96	0.91	0.99	0.84	0.94	0.56	0.95	0.98	0.85	0.97	-0.09	0.73	0.96	0.49	0.98	-0.06	0.84	0.37		0.92	0.98	0.97	0.65	0.68	0.78	0.71
Total Current Assets	0.99	0.83	0.9	0.97	0.81	0.21	0.87	0.91	0.96	0.96	0.15	0.92	0.98	0.71	0.92	-0.18	0.72	0.66	0.92		0.87	0.85	0.79	0.86	0.81	0.48
Short Long Term Debt Total	0.9	0.86	0.97	0.76	0.9	0.64	0.97	0.96	0.81	0.92	-0.16	0.69	0.9	0.37	0.96	-0.01	0.79	0.26	0.98	0.87		0.97	0.55	0.59	0.69	0.76
Short Term Debt	0.89	0.87	0.98	0.76	0.94	0.63	0.96	0.96	0.78	0.91	-0.14	0.65	0.89	0.36	0.91	-0.05	0.87	0.24	0.97	0.85	0.97		0.48	0.58	0.68	0.79
Intangible Assets	0.79	0.6	0.59	0.85	0.52	-0.1	0.51	0.58	0.79	0.78	0.19	0.79	0.76	0.9	0.71	-0.19	0.4	0.87	0.65	0.79	0.55	0.48		0.89	0.74	0.03
Common Stock	0.83	0.62	0.66	0.92	0.57	-0.15	0.6	0.65	0.88	0.8	0.19	0.89	0.79	0.95	0.68	-0.22	0.49	0.9	0.68	0.86	0.59	0.58	0.89		0.65	0.07
Other Liab	0.83	0.66	0.7	0.79	0.77	0.2	0.63	0.7	0.74	0.84	0.24	0.69	0.83	0.55	0.86	0.07	0.71	0.52	0.78	0.81	0.69	0.68	0.74	0.65		0.52
Current Deferred Revenue	0.53	0.61	0.71	0.31	0.77	0.82	0.75	0.69	0.36	0.56	-0.23	0.22	0.58	-0.18	0.69	0.13	0.74	-0.27	0.71	0.48	0.76	0.79	0.03	0.07	0.52

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Magic Software Account Relationship Matchups

Magic Software balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	407.5M	443.3M	492.0M	511.0M	522.4M	548.5M
Other Current Liab	36.3M	43.4M	74.9M	103.1M	66.4M	69.7M
Total Current Liabilities	66.9M	84.8M	106.3M	132.6M	141.7M	148.8M
Total Stockholder Equity	247.8M	260.4M	265.2M	263.7M	266.0M	279.3M
Property Plant And Equipment Net	18.6M	30.5M	30.2M	36.5M	33.7M	35.4M
Net Debt	(44.3M)	(38.7M)	(26.0M)	(3.3M)	2.8M	2.9M
Retained Earnings	28.4M	39.7M	43.2M	86.3M	92.5M	97.1M
Accounts Payable	11.0M	14.3M	24.7M	27.6M	28.4M	29.8M
Cash	81.9M	88.1M	88.1M	83.1M	105.9M	111.2M
Non Current Assets Total	202.4M	232.1M	245.3M	260.0M	265.8M	279.1M
Non Currrent Assets Other	4.0M	4.7M	3.6M	2.3M	(2.0)	(1.9)
Cash And Short Term Investments	95.5M	89.7M	94.8M	87.0M	106.7M	112.0M
Net Receivables	109.5M	114.7M	145.7M	155.2M	139.6M	146.5M
Common Stock Shares Outstanding	49.0M	49.0M	49.1M	49.1M	49.1M	35.1M
Liabilities And Stockholders Equity	407.5M	443.3M	492.0M	511.0M	522.4M	548.5M
Non Current Liabilities Total	54.0M	64.5M	79.7M	73.1M	89.8M	94.3M
Inventory	(3.7M)	(1.1M)	(1.2M)	1.0	(6.9M)	1.05
Other Current Assets	7.6M	10.5M	11.0M	11.0M	10.4M	10.9M
Other Stockholder Equity	218.6M	211.7M	184.0M	182.0M	182.6M	125.9M
Total Liab	120.9M	149.3M	185.9M	205.7M	231.5M	243.0M
Total Current Assets	205.1M	211.2M	246.8M	251.0M	256.6M	269.5M
Short Long Term Debt Total	37.6M	49.4M	62.1M	79.8M	108.7M	114.2M
Short Term Debt	10.9M	18.4M	20.4M	25.3M	33.3M	35.0M
Intangible Assets	51.1M	53.4M	51.4M	52.1M	50.7M	36.0M
Common Stock	1.2M	1.2M	1.2M	1.2M	1.3M	995.2K
Accumulated Other Comprehensive Income	(324K)	7.8M	9.3M	(6.6M)	(10.3M)	(9.8M)
Other Liab	24.5M	34.1M	36.6M	18.5M	21.3M	22.3M
Current Deferred Revenue	8.7M	8.8M	10.8M	10.9M	13.5M	14.2M
Other Assets	12.1M	16.6M	16.9M	13.3M	15.3M	16.1M
Long Term Debt	15.5M	13.4M	22.2M	30.4M	52.3M	54.9M
Good Will	117.7M	135.7M	146.8M	158.7M	166.1M	174.4M
Property Plant Equipment	18.3M	30.3M	30.2M	36.5M	42.0M	44.1M
Common Stock Total Equity	1.0M	1.2M	1.2M	1.2M	1.3M	1.0M
Property Plant And Equipment Gross	18.6M	30.5M	30.2M	36.5M	49.2M	51.6M
Short Term Investments	13.6M	1.5M	6.7M	3.9M	751K	713.5K
Net Tangible Assets	78.7M	71.2M	67.1M	53.5M	48.1M	57.4M
Short Long Term Debt	7.1M	11.5M	15.0M	20.7M	28.9M	30.4M

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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:

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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.

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Magic Historical Balance Sheet

Magic Software Inventory

1.05

About Magic Balance Sheet Analysis

Magic Software Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Long Term Debt

Magic Software balance sheet Correlations

Magic Software Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Magic Software balance sheet Accounts

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Non Current Assets Total	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Accounts Payable	+ 0.98	Total Current Liabilities
Short Term Debt	+ 0.98	Total Current Liabilities

Other Stockholder Equity	- 0.49	Net Debt
Non Currrent Assets Other	- 0.41	Net Debt
Common Stock Shares Outstanding	- 0.33	Net Debt
Other Stockholder Equity	- 0.28	Inventory
Inventory	- 0.28	Other Current Liab
Current Deferred Revenue	- 0.27	Other Stockholder Equity