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| 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 |