Magic Software Enterprises Ltd (MGIC)
10.99
+0.07
(+0.64%)
USD |
NASDAQ |
Nov 21, 16:00
11.20
+0.21
(+1.91%)
After-Hours: 20:00
Magic Software Enterprises Debt to Equity Ratio: 0.2353 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.2353 |
| June 30, 2024 | 0.2412 |
| March 31, 2024 | 0.2879 |
| December 31, 2023 | 0.3053 |
| September 30, 2023 | 0.3514 |
| June 30, 2023 | 0.3414 |
| March 31, 2023 | 0.2643 |
| December 31, 2022 | 0.1946 |
| September 30, 2022 | 0.2347 |
| June 30, 2022 | 0.2195 |
| March 31, 2022 | 0.229 |
| December 31, 2021 | 0.1405 |
| September 30, 2021 | 0.1658 |
| June 30, 2021 | 0.141 |
| March 31, 2021 | 0.0905 |
| December 31, 2020 | 0.0955 |
| September 30, 2020 | 0.1165 |
| June 30, 2020 | 0.1018 |
| March 31, 2020 | 0.0815 |
| December 31, 2019 | 0.0913 |
| September 30, 2019 | 0.1144 |
| June 30, 2019 | 0.1154 |
| March 31, 2019 | 0.1167 |
| December 31, 2018 | 0.115 |
| September 30, 2018 | 0.1401 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.1655 |
| March 31, 2018 | 0.1776 |
| December 31, 2017 | 0.1787 |
| September 30, 2017 | 0.2069 |
| June 30, 2017 | 0.2228 |
| March 31, 2017 | 0.2159 |
| December 31, 2016 | 0.1804 |
| September 30, 2016 | 0.0208 |
| June 30, 2016 | 0.0217 |
| March 31, 2016 | 0.0171 |
| December 31, 2015 | 0.0171 |
| September 30, 2015 | 0.0322 |
| June 30, 2015 | 0.0205 |
| March 31, 2015 | 0.0181 |
| December 31, 2014 | 0.0181 |
| September 30, 2014 | 0.0145 |
| June 30, 2014 | 0.0161 |
| March 31, 2014 | 0.0169 |
| December 31, 2013 | 0.026 |
| September 30, 2013 | 0.00 |
| June 30, 2013 | 0.00 |
| March 31, 2013 | 0.00 |
| December 31, 2012 | 0.0002 |
| September 30, 2012 | 0.0002 |
| June 30, 2012 | 0.0002 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.0815
Minimum
Mar 2020
0.3514
Maximum
Sep 2023
0.1965
Average
0.2071
Median
Debt to Equity Ratio Benchmarks
| Formula Systems (1985) Ltd | 0.7339 |
| MIND C.T.I. Ltd | 0.00 |
| Nayax Ltd | 0.2991 |
| SatixFy Communications Ltd | -0.829 |
| Silynxcom Ltd | 0.1277 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 526.29M |
| Total Liabilities (Quarterly) | 221.74M |
| Shareholders Equity (Quarterly) | 279.41M |
| Current Ratio | 1.757 |
| Net Debt Paydown Yield | 0.82% |