Magic Software Enterprises

Magic Software Enterprises OCF/Debt

Delisted

The Operating Cash Flow to Debt Ratio of Magic Software Enterprises (MGIC) as of Oct 18, 2026 is 88.04 %. In the previous year, Operating Cash Flow to Debt Ratio was 64.48 % — a change of 36.54% (higher).

OCF/Debt

88.04 %

YoY

36.54%

Last updated:

Operating Cash Flow to Debt Ratio of Magic Software Enterprises is 2024 88.04 % . Operating Cash Flow to Debt Ratio of Magic Software Enterprises was 2023 64.48 % . It decreases by 36.54% higher compared to the previous year.

The Magic Software Enterprises OCF/Debt history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

OCF/Debt
Date
OCF/Debt
Jan 1, 2017
67.84 USD
Jan 1, 2018
85.89 USD
Jan 1, 2019
203.31 USD
Jan 1, 2020
210.02 USD
Jan 1, 2021
64.89 USD
Jan 1, 2022
61.90 USD
Jan 1, 2023
64.48 USD
Jan 1, 2024
88.04 USD
The Magic Software Enterprises OCF/Debt history
YEAROCF/DebtYoY
88.04 %+36.54%
64.48 %+4.16%
61.90 %-4.61%
64.89 %-69.10%
210.02 %+3.30%
203.31 %+136.70%
85.89 %+26.61%
67.84 %-14.09%
78.97 %-86.72%
594.48 %+7.83%
551.33 %—

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Magic Software Enterprises Stock analysis

What does Magic Software Enterprises do? Magic Software Enterprises Ltd is an international company specializing in the development and distribution of integration and application platforms for businesses. It was founded in 1983 by David Assia and Yaki Dunietz in Israel, where its headquarters are still located today. The company has experienced continuous expansion throughout its history, with international operations established after going public in 1991 and the opening of offices in the USA, Europe, Latin America, and Asia. Through acquisitions and strategic partnerships, Magic Software Enterprises Ltd has expanded its portfolio and strengthened its market position. The company's business model is based on developing solutions for integrating various applications and systems, utilizing platforms such as the Magic xpa Application Platform and Magic xpi Integration Platform for various industries and application areas. Over 5,000 customers in more than 50 countries, including IBM, Nestlé, and Siemens, use Magic Software Enterprises Ltd's solutions. The Professional Services division specializes in developing customized solutions, providing consulting and support services, offering training and certifications for developers and partners, fostering knowledge transfer and collaboration with customers. In the field of application platforms, Magic Software Enterprises Ltd offers different solutions that enable developers to quickly and easily create applications. The Magic xpa Application Platform is a low-code development platform that allows companies to rapidly and reliably deploy applications, including integration with existing applications and systems. The Magic xpi Integration Platform is a powerful solution for integrating applications and systems, facilitating fast and reliable integration and automation. It supports a variety of standards and technologies and can be deployed in both cloud-based and on-premises installations. Additionally, Magic Software Enterprises Ltd provides specialized solutions, such as the Magic xpi for Salesforce Integration Platform, which seamlessly integrates Salesforce with different applications and systems. In the area of data integration, Magic Software Enterprises Ltd offers the iBOLT for SAP HANA Solutions Suite. In conclusion, Magic Software Enterprises Ltd is an experienced and successful company specializing in the development and distribution of integration and application platforms. It focuses on innovative solutions and close collaboration with customers and partners, helping companies efficiently and reliably integrate and automate their applications and systems. Magic Software Enterprises is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Magic Software Enterprises stock

Operating Cash Flow to Debt Ratio of Magic Software Enterprises is 88.04 % in 2024.

Operating Cash Flow to Debt Ratio of Magic Software Enterprises changed from 64.48 % to 88.04 %, representing a 36.54% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Operating Cash Flow to Debt Ratio Magic Software Enterprises since 2006 – with annual values, charts, and detailed analysis.

OCF/Debt measures what percentage of total debt can be covered by annual operating cash flow. Higher ratios indicate stronger debt repayment capacity.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Operating Cash Flow to Debt Ratio's Magic Software Enterprises with sector peers and the industry average to assess whether it is attractive.

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