Formula Systems (1985) (FORTY) Debt Ratio (2016 - 2025)
Formula Systems (1985) filings provide 15 years of Debt Ratio readings, the most recent being 0.08 for Q4 2024.
- On a quarterly basis, Debt Ratio rose 76.85% to 0.08 in Q4 2024 year-over-year; TTM through Dec 2024 was 0.08, a 76.85% increase, with the full-year FY2024 number at 0.08, up 76.85% from a year prior.
- Debt Ratio hit 0.08 in Q4 2024 for Formula Systems (1985), up from 0.05 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 58.69 in Q4 2021 to a low of 0.05 in Q4 2023.
- Median Debt Ratio over the past 5 years was 0.09 (2020), compared with a mean of 11.81.
- Biggest five-year swings in Debt Ratio: soared 68323.27% in 2021 and later crashed 99.72% in 2022.
- Formula Systems (1985)'s Debt Ratio stood at 0.09 in 2020, then soared by 68323.27% to 58.69 in 2021, then crashed by 99.72% to 0.17 in 2022, then tumbled by 72.81% to 0.05 in 2023, then soared by 76.85% to 0.08 in 2024.
- The last three reported values for Debt Ratio were 0.08 (Q4 2024), 0.05 (Q4 2023), and 0.17 (Q4 2022) per Business Quant data.