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Magic Software Enterprises Ltd (MGIC) Annual Balance Sheets

Annual · GAAP · USD millions
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Observing balance sheet movements over recent quarters helps explain how Magic Software Enterprises Ltd adapts its asset base and funding mix.
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Annual Report, GAAP in USD millions
ITEM 		(Dec 31 2024)
(Dec 31 2023) (Dec 31 2022) (Dec 31 2021) (Dec 31 2020)
Assets
Cash & cash equivalent0.00
Cash And Cash Equivalents112.78
Marketable Securities, Current SH0.00
Cash & Short-term Investments112.00
Accounts receivable0.00
Trade & Other Current Receivables (IFRS combined total)123.13
Other Receivables0.00
Other Current Assets0.00
Prepaid Expense And Other Assets Current0.00
Total Current Assets276.20
Equipment/Property/Plant Net7.47
Goodwill net172.52
Intangible Assets45.29
Long-term investments0.00
Deferred Tax Assets4.90
Intangible AssetsAnd Goodwill45.29
Shortterm Bank Deposits0.00
Operating Lease Right Of Use Asset0.00
Operating Lease Right Of Use Asset0.00
Rightofuse Assets25.72
Severance Pay Fund0.00
Total Assets540.33
Liabilities
Accounts Payable and Accrued Liabilities, Current LI0.00
Supplemental Unemployment Benefits, Severance Benefits0.00
Short-term Debt57.62
Other Liabilities, Current0.00
Deferred Tax Liabilities, Net, Current LI0.00
Deferred Revenue, Current DE0.00
Total Current Liabilities170.31
Long-term debt0.00
Capital Lease and Other0.00
Total Long-term Debt0.00
Postemployment Benefits Liability, Noncurrent PO0.00
Deferred Tax Liabilities, Net LI7.85
Other liabilities, Noncurrent0.00
Operating Lease Liability Current41.49
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Contingent Liability0.00
Accrued Severance Pay Noncurrent0.00
Total Liabilities178.15
Stockholders' Equity
Common Stock Value0.00
Additional Paid In Capital Common Stock0.00
Retained Earnings / Accumulated Deficit0.00
Accumulated Other Comprehensive Income0.00
Other Equity0.00
Common Stockholder's Equity301.07
Non-controlling interests & other0.00
Total Stockholder's Equity301.07
Liabilities & Stockholder's Equity540.33
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About Magic Software Enterprises Ltd Annual Balance Sheet

What this statement shows

This page presents issuer-reported balance sheet data, detailing assets, liabilities, and stockholders equity as reported in SEC 20-F filings and standardized by CSIMarket. The balance sheet reflects the company's financial position at the end of each reporting period.

Source & verification

Last updated

  • Page updated:
  • Data lineage: SEC filings - XBRL extraction - balance-sheet normalization in the CSIMarket.com financial database.
  • Accession: 0001213900-25-043459

Balance sheet figures represent financial position at specific reporting dates and may be revised in subsequent filings.

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