Magic Software (MGIC) - Net assets

Net assets on the balance sheet as of September 2024 : C$0.43 Billion

According to Magic Software's latest financial reports the company has C$0.43 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magic Software - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$0.37 B	6.77%
2021-12-31	$C$0.35 B	-6.32%
2020-12-31	$C$0.37 B	0.14%
2019-12-31	$C$0.37 B	-0.29%
2018-12-31	$C$0.37 B	24.73%
2017-12-31	$C$0.30 B	0.6%
2016-12-31	$C$0.29 B	8.46%
2015-12-31	$C$0.27 B	24.68%
2014-12-31	$C$0.22 B	57.63%
2013-12-31	$C$0.14 B	17.35%
2012-12-31	$C$0.11 B	11.32%
2011-12-31	$C$0.10 B	20.95%
2010-12-31	$C$88.82 M	47.62%
2009-12-31	$C$60.17 M	-25.87%
2008-12-31	$C$81.16 M	32.85%
2007-12-31	$C$61.09 M	9.84%
2006-12-31	$C$55.62 M	-9.57%
2005-12-31	$C$61.51 M	-15.18%
2004-12-31	$C$72.51 M	0.94%
2003-12-31	$C$71.84 M	-26.93%
2002-12-31	$C$98.31 M	-9.6%
2001-12-31	$C$0.10 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Formula Systems FORTY	C$1.95 B	347.05%	🇮🇱 Israel
Oracle ORCL	C$20.43 B	4,574.39%	🇺🇸 USA
Microsoft MSFT	C$413.00 B	94,373.87%	🇺🇸 USA
IBM IBM	C$35.21 B	7,954.43%	🇺🇸 USA
SAP SAP	C$66.48 B	15,108.49%	🇩🇪 Germany

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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