Formula Systems (1985) FORTY
NASDAQ FORTY
$129.00 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

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

Formula Systems (1985)'s (FORTY) quarterly Debt Ratio came in at 0.08 in Q2 2026, up 23.96% on a YoY basis from 0.07 in Q2 2025, and down 4.96% quarter-over-quarter from 0.09 in Q1 2026.

Analysis

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

Formula Systems (1985) (FORTY) has reported Debt Ratio for 17 consecutive years, with 0.08 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Debt Ratio rose 23.96% year-over-year to 0.08; the trailing twelve-month figure through Jun 2026 stood at 0.08 (up 23.96% YoY), and the FY2025 full-year result was 0.07, up 3.75% from the prior year.
  • Debt Ratio fell to 0.08 in Q2 2026 per FORTY's latest filing, from 0.09 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.1 in Q1 2022 and bottomed at 0.05 in Q4 2023.
  • Historically, Debt Ratio has averaged 0.08 across 5 years, with a median of 0.08 in 2023.
  • The sharpest annual moves came in 2022 and 2023: Debt Ratio soared 68.69% in 2022, then plunged 33.72% in 2023.
  • Over 5 years, Debt Ratio stood at 0.08 in 2022, then slumped by 33.72% to 0.05 in 2023, then rose by 24.34% to 0.06 in 2024, then advanced by 3.75% to 0.07 in 2025, then gained by 24.91% to 0.08 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.08, 0.09, and 0.07 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Infosys 44.97 Bn 44.97 Bn 1.60 Bn 0.02
2 Cognizant Technology Solutions 27.17 Bn 26.12 Bn 1.83 Bn 0.08
3 Cgi 15.39 Bn 14.81 Bn - 0.71
4 EPAM Systems 5.98 Bn 5.19 Bn 429.57 Mn 0.01
5 Science Applications International 5.46 Bn 5.34 Bn 239.00 Mn 0.46
6 ExlService Holdings 5.28 Bn 5.00 Bn 225.96 Mn 0.44
7 Kyndryl Holdings 2.79 Bn 680.69 Mn 776.00 Mn 0.49
8 Formula Systems (1985) 1.98 Bn 1.56 Bn 158.43 Mn 0.08
9 DXC Technology 1.80 Bn -204.47 Mn 611.00 Mn 0.27
10 Innodata 1.78 Bn 1.53 Bn 42.46 Mn 0.03
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.08
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 0.06
Sep 30, 2024 0.07
Jun 30, 2024 0.07
Mar 31, 2024 0.07
Dec 31, 2023 0.05
Sep 30, 2023 0.08
Jun 30, 2023 0.08
Mar 31, 2023 0.08
Dec 31, 2022 0.08
Sep 30, 2022 0.08
Jun 30, 2022 0.10
Mar 31, 2022 0.10
Dec 31, 2021 0.07
Sep 30, 2021 0.09