Magic Other Current Liab from 2010 to 2025
| MGIC Stock | USD 13.15 0.25 1.87% |
Other Current Liabilities | First Reported 1991-12-31 | Previous Quarter 70.7 M | Current Value 113.4 M | Quarterly Volatility 20.4 M |
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 21.9 M, Interest Expense of 11.1 M or Total Revenue of 580.1 M, as well as many indicators such as Price To Sales Ratio of 1.91, Dividend Yield of 0.0161 or PTB Ratio of 2.49. Magic financial statements analysis is a perfect complement when working with Magic Software Valuation or Volatility modules.
Magic | Other Current Liab |
Latest Magic Software's Other Current Liab Growth Pattern
Below is the plot of the Other Current Liab of Magic Software Enterprises over the last few years. It is Magic Software's Other Current Liabilities 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.
| Other Current Liab | 10 Years Trend |
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Other Current Liab |
| Timeline |
Magic Other Current Liab Regression Statistics
| Arithmetic Mean | 46,022,750 | |
| Geometric Mean | 30,130,079 | |
| Coefficient Of Variation | 81.65 | |
| Mean Deviation | 30,843,406 | |
| Median | 31,570,000 | |
| Standard Deviation | 37,578,952 | |
| Sample Variance | 1412.2T | |
| Range | 118.2M | |
| R-Value | 0.90 | |
| Mean Square Error | 297.3T | |
| R-Squared | 0.80 | |
| Slope | 7,075,197 | |
| Total Sum of Squares | 21182.7T |
Magic Other Current Liab History
About Magic Software Financial Statements
Magic Software stakeholders use historical fundamental indicators, such as Magic Software's Other Current Liab, 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 Reported | Projected for Next Year | ||
| Other Current Liabilities | 113.4 M | 119 M |
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Check out the analysis of Magic Software Correlation against competitors. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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 0.274 | Dividend Share 0.563 | Earnings Share 0.75 | Revenue Per Share | Quarterly Revenue Growth 0.136 |
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.