Magic Software Enterprises Ltd. (TLV: MGIC)

MGIC Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	125.8	105.94	83.06	88.09	88.13	81.92
Short-Term Investments	0.05	0.75	3.9	5.59	0.29	12.48
Trading Asset Securities	-	-	-	-	1.24	1.11
Cash & Short-Term Investments	125.85	106.69	86.97	93.68	89.65	95.51
Cash Growth	18.27%	22.68%	-7.16%	4.49%	-6.13%	-16.16%
Accounts Receivable	126.33	131.1	148.48	142.07	111.06	96.69
Other Receivables	21.57	8.47	6.74	3.63	3.62	5.24
Receivables	147.89	139.57	155.22	145.7	114.68	101.93
Prepaid Expenses	-	10.37	6.92	7.4	6.89	7.61
Total Current Assets	273.75	256.63	249.1	246.77	211.23	205.05
Property, Plant & Equipment	31.94	33.18	35.78	29.04	30.33	18.3
Goodwill	-	166.07	158.7	146.8	135.68	117.74
Other Intangible Assets	212.32	51.19	52.15	51.5	53.57	51.43
Long-Term Deferred Tax Assets	10.78	6.73	3.62	7.99	6.4	2.19
Other Long-Term Assets	7.73	8.62	5.8	5.17	10.18	9.89
Total Assets	536.52	522.41	505.14	487.28	447.39	404.61
Accounts Payable	27.13	28.42	27.6	24.71	14.25	10.99
Accrued Expenses	43.99	41.49	46.84	45.09	41.21	31.99
Short-Term Debt	36.76	2.77	2.45	4.72	1.26	1.56
Current Portion of Long-Term Debt	-	26.17	18.31	12.39	10.27	5.52
Current Portion of Leases	5.98	4.41	4.59	3.27	3.41	3.83
Current Unearned Revenue	21.81	13.54	9.81	10.77	8.79	8.72
Other Current Liabilities	25.91	24.91	46.46	29.83	5.64	4.27
Total Current Liabilities	161.58	141.7	156.05	130.78	84.83	66.88
Long-Term Debt	41.63	52.27	30.41	20.16	13.35	15.54
Long-Term Leases	20.07	23.1	24.28	21.91	21.11	11.12
Long-Term Deferred Tax Liabilities	14.58	11.61	10.69	17.95	17.64	11.07
Other Long-Term Liabilities	2.17	2.79	7.4	20.93	16.47	13.38
Total Liabilities	240.03	231.46	228.83	211.72	153.4	117.99
Common Stock	272.32	1.17	1.17	1.17	1.16	1.16
Additional Paid-In Capital	-	182.61	182.03	184.05	211.71	218.65
Retained Earnings	-	92.52	86.29	70.66	39.72	28.35
Comprensive Income & Other	-	-10.31	-6.56	9.26	7.84	-0.32
Total Common Equity	272.32	265.98	262.93	265.14	260.43	247.84
Minority Interest	24.17	24.96	13.38	10.42	33.55	38.77
Shareholders' Equity	296.49	290.94	276.31	275.56	293.99	286.61
Total Liabilities & Equity	536.52	522.41	505.14	487.28	447.39	404.61
Total Debt	104.44	108.72	80.04	62.44	49.4	37.57
Net Cash (Debt)	21.41	-2.02	6.93	31.24	40.25	57.94
Net Cash Growth	91.15%	-	-77.83%	-22.39%	-30.53%	-32.53%
Net Cash Per Share	0.44	-0.04	0.14	0.64	0.82	1.18
Filing Date Shares Outstanding	49.1	49.1	49.09	49.07	49.04	48.98
Total Common Shares Outstanding	49.1	49.1	49.09	49.07	49.04	48.94
Working Capital	112.16	114.93	93.05	115.99	126.4	138.17
Book Value Per Share	5.55	5.42	5.36	5.40	5.31	5.06
Tangible Book Value	60	48.73	52.08	66.83	71.18	78.67
Tangible Book Value Per Share	1.22	0.99	1.06	1.36	1.45	1.61
Machinery	-	15.66	14.29	13.39	12.06	22.1
Leasehold Improvements	-	5.85	5.88	3.73	3.61	1.46

Source: S&P Capital IQ. Standard template. Financial Sources.