Magic Software Enterprises (Magic Software Enterprises) Other Long-Term Liabilities : $1.7 Mil (As of Dec. 2023)

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What is Magic Software Enterprises Other Long-Term Liabilities?

Magic Software Enterprises's other long-term liabilities for the quarter that ended in Dec. 2023 was $1.7 Mil.

Magic Software Enterprises's quarterly other long-term liabilities increased from Jun. 2023 ($2.1 Mil) to Sep. 2023 ($3.0 Mil) but then declined from Sep. 2023 ($3.0 Mil) to Dec. 2023 ($1.7 Mil).

Magic Software Enterprises's annual other long-term liabilities declined from Dec. 2021 ($20.0 Mil) to Dec. 2022 ($6.5 Mil) and declined from Dec. 2022 ($6.5 Mil) to Dec. 2023 ($1.7 Mil).

Magic Software Enterprises Other Long-Term Liabilities Historical Data

The historical data trend for Magic Software Enterprises's Other Long-Term Liabilities 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 Other Long-Term Liabilities Chart

Magic Software Enterprises Annual Data

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Other Long-Term Liabilities

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Magic Software Enterprises Quarterly Data
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Magic Software Enterprises Other Long-Term Liabilities Calculation

Other Long-Term Liabilities are the other liabilities on the balance sheet that do not need to be repaid within the next 12 months, but still need to be repaid over time. For instance, on Wal-Mart's balance sheet, there are items called Long Term obligations under capital leases, deferred income taxes, and redeemable non-controlling interest. These are all Other Long-Term Liabilities.

Magic Software Enterprises Other Long-Term Liabilities 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 » Other Long-Term Liabilities

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.