The Current Ratio of Magic Software Enterprises Ltd (MGIC) is 1.81.
Current Ratio compares a firm's current assets to its current liabilities to assess short-term liquidity. A ratio above 1.0 typically indicates a strong ability to meet obligations.
| Date | Value |
|---|---|
| 2023-12-31 | 1.81 |
| 2022-12-31 | 1.60 |
| 2021-12-31 | 1.89 |
| 2020-12-31 | 2.49 |
| 2019-12-31 | 3.07 |
| 2018-12-31 | 3.99 |
| 2017-12-31 | 3.07 |
| 2016-12-31 | 3.54 |
| 2015-12-31 | 4.76 |
| 2014-12-31 | 4.97 |