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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	98.94	105.94	83.06	88.09	88.13	81.92
Short-Term Investments	0.74	0.75	3.9	5.59	0.29	12.48
Trading Asset Securities	-	-	-	-	1.24	1.11
Cash & Short-Term Investments	99.68	106.69	86.97	93.68	89.65	95.51
Cash Growth	-5.98%	22.68%	-7.16%	4.49%	-6.13%	-16.16%
Accounts Receivable	143.11	131.1	148.48	142.07	111.06	96.69
Other Receivables	19.13	8.47	6.74	3.63	3.62	5.24
Receivables	162.24	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	261.92	256.63	249.1	246.77	211.23	205.05
Property, Plant & Equipment	31.97	33.18	35.78	29.04	30.33	18.3
Goodwill	-	166.07	158.7	146.8	135.68	117.74
Other Intangible Assets	218.61	51.19	52.15	51.5	53.57	51.43
Long-Term Deferred Tax Assets	5.54	6.73	3.62	7.99	6.4	2.19
Other Long-Term Assets	8.26	8.62	5.8	5.17	10.18	9.89
Total Assets	526.29	522.41	505.14	487.28	447.39	404.61
Accounts Payable	27.81	28.42	27.6	24.71	14.25	10.99
Accrued Expenses	49.01	41.49	46.84	45.09	41.21	31.99
Short-Term Debt	27.02	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	4.37	4.41	4.59	3.27	3.41	3.83
Current Unearned Revenue	19.19	13.54	9.81	10.77	8.79	8.72
Other Current Liabilities	21.72	24.91	46.46	29.83	5.64	4.27
Total Current Liabilities	149.1	141.7	156.05	130.78	84.83	66.88
Long-Term Debt	38.74	52.27	30.41	20.16	13.35	15.54
Long-Term Leases	22.21	23.1	24.28	21.91	21.11	11.12
Long-Term Deferred Tax Liabilities	8.89	11.61	10.69	17.95	17.64	11.07
Other Long-Term Liabilities	2.8	2.79	7.4	20.93	16.47	13.38
Total Liabilities	221.74	231.46	228.83	211.72	153.4	117.99
Common Stock	279.41	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
Comprehensive Income & Other	-	-10.31	-6.56	9.26	7.84	-0.32
Total Common Equity	279.41	265.98	262.93	265.14	260.43	247.84
Minority Interest	25.14	24.96	13.38	10.42	33.55	38.77
Shareholders' Equity	304.55	290.94	276.31	275.56	293.99	286.61
Total Liabilities & Equity	526.29	522.41	505.14	487.28	447.39	404.61
Total Debt	92.34	108.72	80.04	62.44	49.4	37.57
Net Cash (Debt)	7.34	-2.02	6.93	31.24	40.25	57.94
Net Cash Growth	-	-	-77.83%	-22.39%	-30.53%	-32.53%
Net Cash Per Share	0.15	-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	112.81	114.93	93.05	115.99	126.4	138.17
Book Value Per Share	5.69	5.42	5.36	5.40	5.31	5.06
Tangible Book Value	60.81	48.73	52.08	66.83	71.18	78.67
Tangible Book Value Per Share	1.24	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.