XML 52 R39.htm IDEA: XBRL DOCUMENT
v3.22.1

Short Term Debt (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Short Term Debt [Abstract] |
Schedule of short term debt |
|  |  |  |  | Interest |  |  |  |
|  | Linkage |  |  | rate |  |  | December 31, |
|  | basis |  |  | % |  |  | 2021 |  |  | 2020 |
Short-term credit from banks |  | NIS |  |  | 1.8% - 2.3% |  |  |  | 4,644 |  |  |  | 1,259 |
Current maturities of long-term loans from financial institutions and banks |  | NIS |  |  | 1.7% – 3.14% |  |  |  | 8,638 |  |  |  | 10,270 |
Current maturities of long-term loans from financial institutions and banks |  | USD |  |  | LIBOR + 2.1% |  |  |  | 3,750 |  |  |  | - |
|  |  |  |  |  |  |  | $ | 17,032 |  |  | $ | 11,529 |

X
- References No definition available. + Details
Name: | mgic_ShortTermDebtTablesLineItems
Namespace Prefix: | mgic_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfShortTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration