Magic Software Enterprises (Magic Software Enterprises) Beginning Cash Position : $104.6 Mil (As of Sep. 2023)

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What is Magic Software Enterprises Beginning Cash Position?

Magic Software Enterprises's Beginning Cash Position for the quarter that ended in Sep. 2023 was $104.6 Mil.

Magic Software Enterprises's quarterly Beginning Cash Position increased from Mar. 2023 ($83.1 Mil) to Jun. 2023 ($102.5 Mil) and increased from Jun. 2023 ($102.5 Mil) to Sep. 2023 ($104.6 Mil).

Magic Software Enterprises's annual Beginning Cash Position increased from Dec. 2020 ($81.9 Mil) to Dec. 2021 ($88.1 Mil) but then declined from Dec. 2021 ($88.1 Mil) to Dec. 2022 ($88.1 Mil).

Magic Software Enterprises Beginning Cash Position Historical Data

The historical data trend for Magic Software Enterprises's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Magic Software Enterprises Beginning Cash Position Chart

Magic Software Enterprises Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Beginning Cash Position

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76.08

87.13

81.92

88.13

88.09

Magic Software Enterprises Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Beginning Cash Position	Get a 7-Day Free Trial															88.25	82.76	83.06	102.51	104.62

Magic Software Enterprises Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

Magic Software Enterprises Beginning Cash Position Related Terms

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Magic Software Enterprises (Magic Software Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Magic Software Enterprises Ltd (NAS:MGIC) » Definitions » Beginning Cash Position

Comparable Companies

Traded in Other Exchanges

MGIC:Israel MGK:Germany MGK:Germany

Address

Yahadut Canada 1 Street, Or Yehuda, Or Yehuda, ISR, 6037501

Website

https://www.magicsoftware.com

Magic Software Enterprises Ltd is a software development company. The company's operating segment includes Software Services and IT Professional Services. It generates maximum revenue from the IT Professional Services segment. IT Professional Services segment offers advanced and flexible IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, as well as supplemental outsourcing services. Geographically, it derives a majority of revenue from the United States and also has a presence in Israel; Europe; Japan, and Other countries.