Formula Systems (1985) (FORTY) Capital Leases (2011 - 2015)

Formula Systems (1985) (FORTY) posted quarterly Capital Leases of $494000.0 for Q4 2015, down 45.29% year-on-year from $903000.0 in Q4 2014, and down 45.29% on a QoQ basis from $903000.0 in Q4 2014.

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.

  • Quarterly Capital Leases fell 45.29% year-over-year to $494000.0 in Q4 2015, while the trailing twelve-month figure through Dec 2015 was $494000.0 (down 45.29% YoY) and the FY2015 annual result came in at $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.
  • Over the last five years, Capital Leases for FORTY reached as high as $1.9 million in Q4 2011 and fell as low as $494000.0 in Q4 2015.
  • A 5-year average of $1.3 million and a median of $1.4 million in 2013 frame the typical range for Capital Leases.
  • Annual changes were most pronounced in 2012 — Capital Leases dropped 9.74% — and 2015, when it plunged 45.29%.
  • Year by year, Capital Leases stood at $1.9 million in 2011, then retreated by 9.74% to $1.7 million in 2012, then dropped by 18.18% to $1.4 million in 2013, then sank by 36.32% to $903000.0 in 2014, then slumped 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn
5 Cgi 41.25 Bn 40.60 Bn -
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn
10 Formula Systems (1985) 1.63 Bn 883.74 Mn 146.04 Bn

Historic Data

Download Data
DateValue
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