MGIC Magic Software Ltd.: Company Current Liabilities

This daily price chart for Magic Software Enterprises (MGIC) illustrates metrics where the value stands at 0.04. Magic Software Enterprises generates revenue by creating low-code tools for integrating business systems, leveraging low demand elasticity. Efficiency is enhanced through partner implementation and cloud hosting. High customer switching costs provide a sustainable competitive advantage and robust protection of market positions.

Short-term debts represent the aggregate of obligations due for repayment within twelve months. This metric sums current loans and borrowings, reflecting liquidity sensitivity to operating expenses. The dynamics of Magic Software Enterprises (MGIC) short-term loans and borrowings allow for an assessment of the risk of cash shortages. For Magic Software Enterprises (MGIC), stable recurring revenue from software support minimizes reliance on external borrowings, ensuring financial stability when servicing current liabilities.