Formula Systems (1985) (FORTY) Debt Ratio (2010 - 2026)
Formula Systems (1985) (FORTY) posted quarterly Debt Ratio of 0.09 for Q1 2026, up 30.92% year-on-year from 0.07 in Q1 2025, and up 31.43% on a QoQ basis from 0.07 in Q4 2025.
Formula Systems (1985) (FORTY) Debt Ratio (2010 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Debt Ratio for 17 consecutive years, with 0.09 the latest figure, recorded in Q1 2026.
- Quarterly Debt Ratio rose 30.92% year-over-year to 0.09 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.09 (up 30.92% YoY) and the FY2025 annual result came in at 0.07, down 1.48% from the prior year.
- Debt Ratio climbed to 0.09 in Q1 2026 per FORTY's latest filing, from 0.07 in the prior quarter.
- Over the last five years, Debt Ratio for FORTY reached as high as 0.1 in Q1 2022 and fell as low as 0.04 in Q3 2024.
- A 5-year average of 0.07 and a median of 0.07 in 2025 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2023 — Debt Ratio tumbled 40.98% — and 2025, when it surged 72.79%.
- Year by year, Debt Ratio stood at 0.1 in 2022, then dropped by 14.05% to 0.08 in 2023, then declined by 19.45% to 0.07 in 2024, then dropped by 1.48% to 0.07 in 2025, then jumped by 31.43% to 0.09 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.09, 0.07, and 0.07 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 0.41 |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 0.07 |
| 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 | 0.39 |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 0.03 |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 0.13 |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 0.42 |
| 10 | Formula Systems (1985) | 1.63 Bn | 883.74 Mn | 146.04 Bn | 0.09 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.09 |
| Dec 31, 2025 | 0.07 |
| Sep 30, 2025 | 0.07 |
| Jun 30, 2025 | 0.07 |
| Mar 31, 2025 | 0.07 |
| Dec 31, 2024 | 0.07 |
| Sep 30, 2024 | 0.04 |
| Jun 30, 2024 | 0.04 |
| Mar 31, 2024 | 0.04 |
| Dec 31, 2023 | 0.08 |
| Sep 30, 2023 | 0.05 |
| Jun 30, 2023 | 0.06 |
| Mar 31, 2023 | 0.06 |
| Dec 31, 2022 | 0.10 |
| Sep 30, 2022 | 0.08 |
| Jun 30, 2022 | 0.10 |
| Mar 31, 2022 | 0.10 |
| Dec 31, 2021 | 0.12 |
| Sep 30, 2021 | 0.09 |
| Jun 30, 2021 | 0.08 |