Formula Systems (1985) (FORTY) Debt Ratio (2010 - 2026)

Formula Systems (1985) (FORTY) reported Debt Ratio of 0.05 for Q1 2026, down 24.65% on a YoY basis from 0.07 in Q1 2025, and up 2.16% quarter-over-quarter from 0.05 in Q4 2025.

Formula Systems (1985) (FORTY) Debt Ratio (2010 - 2026) Analysis & Trends

Formula Systems (1985) has reported Debt Ratio for 17 years, with the latest figure at 0.05 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 24.65% year-over-year to 0.05; the trailing twelve-month figure through Mar 2026 stood at 0.05 (down 24.65% YoY), and the FY2025 full-year result was 0.05, down 25.85% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.05, up from 0.05 in the prior quarter.
  • The five-year high for Debt Ratio was 0.17 in Q4 2022, with the low at 0.05 in Q4 2023.
  • Historically, Debt Ratio has averaged 0.09 across 5 years, with a median of 0.08 in 2022.
  • Annual changes were most pronounced in 2022 — Debt Ratio tumbled 99.77% — and 2023, when it jumped 51.1%.
  • Formula Systems (1985)'s Debt Ratio stood at 0.17 in 2022, then tumbled by 72.81% to 0.05 in 2023, then jumped by 50.38% to 0.07 in 2024, then decreased by 25.85% to 0.05 in 2025, then gained by 2.16% to 0.05 in 2026.
  • The last three Debt Ratio figures came in at 0.05 (Q1 2026), 0.05 (Q4 2025), and 0.07 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn 0.14
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 0.42
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn 0.01
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 0.08
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 0.03
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 0.48
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 0.37
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 0.34
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 0.41
10 Formula Systems (1985) 293,580.00 -1.18 Bn 146.04 Bn 0.05

Historic Data

Download Data
DateValue
Mar 31, 2026 0.05
Dec 31, 2025 0.05
Sep 30, 2025 0.07
Jun 30, 2025 0.07
Mar 31, 2025 0.07
Dec 31, 2024 0.07
Sep 30, 2024 0.10
Jun 30, 2024 0.09
Mar 31, 2024 0.09
Dec 31, 2023 0.05
Sep 30, 2023 0.11
Jun 30, 2023 0.12
Mar 31, 2023 0.12
Dec 31, 2022 0.17
Sep 30, 2022 0.13
Jun 30, 2022 0.08
Mar 31, 2022 0.08
Dec 31, 2021 72.95
Sep 30, 2021 0.10
Jun 30, 2021 0.10