Magic Software Enterprises Ltd.MGICNASDAQ
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Current Ratio Over TimeCompressed
Percentile Rank7
3Y CAGR-4.9%
5Y CAGR-12.0%
Year-over-Year Change
Current ratio (current assets / current liabilities)
3Y CAGR
-4.9%/yr
vs -11.4%/yr prior
5Y CAGR
-12.0%/yr
Recent acceleration
Acceleration
+6.5pp
Accelerating
Percentile
P7
Near historical low
vs 5Y Ago
0.5x
Contraction
Streak
1 yr
Consecutive declineCompressed
| Period | Value | YoY Change |
|---|---|---|
| 2024 | 1.62 | -10.5% |
| 2023 | 1.81 | +12.6% |
| 2022 | 1.61 | -14.8% |
| 2021 | 1.89 | -24.2% |
| 2020 | 2.49 | -18.8% |
| 2019 | 3.07 | -23.1% |
| 2018 | 3.99 | +30.0% |
| 2017 | 3.07 | -13.6% |
| 2016 | 3.55 | -25.6% |
| 2015 | 4.77 | - |