Magic Software Enterprises Ltd.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Magic Software Enterprises Ltd.'s balance sheet done over the years? Its assets were worth $522,405,999 last year, which is more than in the previous period. 44% of Magic Software Enterprises Ltd.’s total assets is currently financed by debt. Its liabilities reached the amount of $231,462,000, which means an increase by 13% compared compared to last year.
Debt to Assets
| 2014 | 223783000 | 32.98M | 14.74% |
|---|---|---|---|
| 2015 | 239955000 | 41.10M | 17.13% |
| 2016 | 317013000 | 94.37M | 29.77% |
| 2017 | 342449000 | 103.04M | 30.09% |
| 2018 | 362326000 | 86.72M | 23.93% |
| 2019 | 407475000 | 120.86M | 29.66% |
| 2020 | 443323000 | 149.34M | 33.69% |
| 2021 | 492045000 | 185.94M | 37.79% |
| 2022 | 510970000 | 205.70M | 40.26% |
| 2023 | 522405999 | 231.46M | 44.31% |
MGIC Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 105.94M | 83.06M | 88.09M | 88.12M | 81.91M | 87.12M | 75.89M | 75.31M | 62.18M | 72.51M |
Short term investments | 751K | 3.90M | 6.72M | 1.52M | 13.59M | 26.79M | 14.87M | 12.50M | 14.49M | 11.91M |
Net receivables | 139.56M | 164.01M | 151.96M | 121.57M | 109.53M | 97.34M | 87.26M | 70.87M | 56.48M | 42.46M |
Inventory | 0 | -6.91M | 1 | -1.23M | -1.11M | -3.71M | -732K | -2K | -2.67M | -1.86M |
Other current assets | 10.36M | 6.91M | 7.39M | 6.89M | 7.61M | 3.71M | 8.64M | 2K | 2.13M | 3.41M |
Total current assets | 256.62M | 250.98M | 246.77M | 211.22M | 205.05M | 211.26M | 181.55M | 158.7M | 136.83M | 128.25M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 33.70M | 36.53M | 30.17M | 30.49M | 18.60M | 3.07M | 3.46M | 3.06M | 2.29M | 2.00M |
Goodwill | 166.06M | 158.69M | 146.80M | 135.68M | 117.74M | 95.00M | 98.18M | 91.00M | 63.30M | 55.49M |
Intangible assets | 50.65M | 52.05M | 51.39M | 53.40M | 51.12M | 41.47M | 51.01M | 56.18M | 33.57M | 32.54M |
Long term investments | 8.62M | 5.79M | 5.16M | 5.50M | 5.87M | 0 | 2.01M | 1.68M | 1.08M | 2.37M |
Other non-current assets | -1 | 2.34M | 3.64M | 4.67M | 4.00M | 9.64M | 3.22M | 2.56M | 366K | 1.42M |
Total non-current assets | 265.78M | 259.98M | 245.26M | 232.09M | 202.42M | 151.06M | 160.89M | 158.31M | 103.12M | 95.52M |
Total assets | 522.40M | 510.97M | 492.04M | 443.32M | 407.47M | 362.32M | 342.44M | 317.01M | 239.95M | 223.78M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 13.53M | 10.89M | 10.77M | 8.79M | 8.72M | 4.49M | 5.58M | 4.22M | 4.62M | 3.39M |
Short term debt | 33.34M | 25.22M | 18.96M | 14.94M | 10.91M | 8.66M | 9.77M | 1.18M | 13K | 2.85M |
Total current liabilities | 141.69M | 132.64M | 106.25M | 84.82M | 66.88M | 52.96M | 59.17M | 40.57M | 29.52M | 27.06M |
| Non-current liabilities: | ||||||||||
Long term debt | 75.36M | 54.56M | 43.13M | 34.46M | 26.65M | 19.38M | 27.81M | 34.21M | 3.25M | 490K |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 2.78M | 8.15M | 13.89M | 10.92M | 11.03M | 6.20M | 4.75M | 3.37M | 3.65M | 5.43M |
Total non-current liabilities | 89.76M | 73.06M | 79.69M | 64.51M | 53.98M | 33.75M | 43.87M | 53.79M | 11.58M | 5.92M |
Total liabilities | 231.46M | 205.70M | 185.94M | 149.34M | 120.86M | 86.72M | 103.04M | 94.37M | 41.10M | 32.98M |
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