Formula Systems (1985) (FORTY) Capital Leases (2011 - 2015)
Formula Systems (1985)'s (FORTY) quarterly Capital Leases came in at $494000.0 in Q4 2015, down 45.29% on a YoY basis from $903000.0 in Q4 2014, and down 45.29% quarter-over-quarter from $903000.0 in Q4 2014.
Analysis
Formula Systems (1985) (FORTY) Capital Leases (2011 - 2015) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Capital Leases for 5 consecutive years, with $494000.0 the latest figure, recorded in Q4 2015.
- For the quarter ending Q4 2015, Capital Leases fell 45.29% year-over-year to $494000.0; the trailing twelve-month figure through Dec 2015 stood at $494000.0 (down 45.29% YoY), and the FY2015 full-year result was $494000.0, down 45.29% from the prior year.
- Capital Leases retreated to $494000.0 in Q4 2015 per FORTY's latest filing, from $903000.0 in the prior quarter.
- Across five years, Capital Leases topped out at $1.9 million in Q4 2011 and bottomed at $494000.0 in Q4 2015.
- Historically, Capital Leases has averaged $1.3 million across 5 years, with a median of $1.4 million in 2013.
- The sharpest annual moves came in 2012 and 2015: Capital Leases dropped 9.74% in 2012, then slumped 45.29% in 2015.
- Over 5 years, Capital Leases stood at $1.9 million in 2011, then fell by 9.74% to $1.7 million in 2012, then slipped by 18.18% to $1.4 million in 2013, then slumped by 36.32% to $903000.0 in 2014, then tumbled by 45.29% to $494000.0 in 2015.
- According to Business Quant data, Capital Leases over the past three periods registered $494000.0, $903000.0, and $1.4 million for Q4 2015, Q4 2014, and Q4 2013 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 44.97 Bn | 44.97 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 27.17 Bn | 26.12 Bn | 1.83 Bn |
| 3 | Cgi | 15.39 Bn | 14.81 Bn | - |
| 4 | EPAM Systems | 5.98 Bn | 5.19 Bn | 429.57 Mn |
| 5 | Science Applications International | 5.46 Bn | 5.34 Bn | 239.00 Mn |
| 6 | ExlService Holdings | 5.28 Bn | 5.00 Bn | 225.96 Mn |
| 7 | Kyndryl Holdings | 2.79 Bn | 680.69 Mn | 776.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn |
| 9 | DXC Technology | 1.80 Bn | -204.47 Mn | 611.00 Mn |
| 10 | Innodata | 1.78 Bn | 1.53 Bn | 42.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2015 | 494,000.00 |
| Dec 31, 2014 | 903,000.00 |
| Dec 31, 2013 | 1.42 Mn |
| Dec 31, 2012 | 1.73 Mn |
| Dec 31, 2011 | 1.92 Mn |