Name: Magic Software Enterprises Ltd. (MGIC) Balance Sheet
Creator: FinSpry

Magic Software Enterprises Balance Sheet Analysis

Assets, liabilities, and stockholders equity in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Magic Software Enterprises Ltd. (MGIC) - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Current Assets
Cash and Cash Equivalents	112.78	105.94	3.90	88.09	89.37	88.52	113.92
Short-Term Investments	7.62	5.51	3.90	5.59	0.29	0.00	0.00
Cash & Short-Term Investments	120.40	111.45	3.90	93.68	89.37	88.52	113.92
Accounts Receivable	149.78	108.39	123.92	116.98	116.57	102.57	97.34
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Current Assets	6.02	5.61	30.35	5.59	4.96	2.18	0.00
Total Current Assets	276.20	256.63	171.83	246.77	221.41	203.93	211.26
Non-Current Assets
Property, Plant & Equipment (Net)	32.17	33.71	35.87	29.15	30.50	18.61	3.07
Goodwill	172.52	166.07	158.70	146.80	135.68	0.00	0.00
Intangible Assets	45.29	50.66	52.15	51.39	53.57	0.00	0.00
Other Non-Current Assets	9.26	5.35	5.80	3.65	1.41	11.01	0.00
Total Non-Current Assets	264.13	265.78	198.19	240.50	225.98	200.67	151.06
Total Assets	540.33	522.41	370.02	487.28	447.39	404.61	362.33
Current Liabilities
Accounts Payable	28.75	28.42	74.44	24.71	56.10	43.61	38.90
Short-Term Debt	28.01	28.94	18.31	17.11	10.27	0.00	0.00
Current Portion of Long-Term Debt	21.51	26.17	18.31	12.39	10.27	0.00	0.00
Accrued Liabilities	58.21	41.49	46.84	45.09	41.21	0.00	0.00
Deferred Revenue	21.03	13.54	9.81	10.77	8.79	0.00	0.00
Other Current Liabilities	92.52	24.91	68.38	29.83	11.21	5.96	0.91
Total Current Liabilities	170.31	141.70	167.91	130.78	79.83	63.25	52.96
Non-Current Liabilities
Long-Term Debt	58.15	52.27	54.69	20.16	34.46	26.66	19.39
Deferred Tax Liabilities	7.85	11.61	10.69	17.95	17.64	0.00	0.00
Other Non-Current Liabilities	2.96	1.05	7.40	13.89	15.92	12.25	0.09
Total Non-Current Liabilities	68.96	89.76	62.09	80.94	73.57	54.75	60.99
Total Liabilities	239.26	231.46	230.00	211.72	153.40	117.99	113.96
Stockholders' Equity
Common Stock	1.17	1.17	1.17	1.17	1.16	0.00	0.00
Retained Earnings	107.80	92.52	79.73	70.66	39.72	28.35	0.00
Accumulated Other Comprehensive Income	-12.11	-10.31	-6.56	9.26	7.84	-0.32	0.00
Additional Paid-in Capital	180.34	182.61	182.03	184.05	211.71	218.65	0.00
Minority Interest	23.88	24.96	13.38	10.42	33.55	38.77	4.41
Shares Outstanding	49.10	49.10	49.09	49.07	0.00	0.00	0.00
Total Stockholders' Equity	277.19	265.98	275.15	265.14	293.99	286.61	248.37
Total Liabilities & Equity	540.33	522.41	370.02	487.28	447.39	404.61	362.33