Magic Software Enterprises (XTAE:MGIC) Total Stockholders Equity : ₪1,025 Mil (As of Mar. 2024)

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What is Magic Software Enterprises Total Stockholders Equity?

Magic Software Enterprises's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₪1,025 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Magic Software Enterprises's Book Value per Share for the quarter that ended in Mar. 2024 was ₪20.87. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Magic Software Enterprises's Debt-to-Equity for the quarter that ended in Mar. 2024 was 0.38.

Magic Software Enterprises Total Stockholders Equity Historical Data

The historical data trend for Magic Software Enterprises's Total Stockholders Equity 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 Total Stockholders Equity Chart

Magic Software Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Stockholders Equity

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932.59

979.98

997.68

989.37

1,000.86

Magic Software Enterprises Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Stockholders Equity	Get a 7-Day Free Trial															960.08	987.48	940.77	1,000.86	1,024.70

Magic Software Enterprises (XTAE:MGIC) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Magic Software Enterprises's Book Value per Share for the quarter that ended in Mar. 2024 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(1024.699	-	0)	/	49.0993
	=	20.87

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Magic Software Enterprises's Debt-to-Equity for the quarter that ended in Mar. 2024 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(160.818	+	232.17)	/	1024.699
	=	0.38

Magic Software Enterprises Total Stockholders Equity Related Terms

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Magic Software Enterprises (XTAE:MGIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Magic Software Enterprises Ltd (XTAE:MGIC) » Definitions » Total Stockholders Equity

Comparable Companies

Traded in Other Exchanges

MGIC:USA 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.