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
DateValue
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