Formula Systems (1985) (FORTY) Debt Ratio: 2010-2024
- Formula Systems (1985)'s Debt Ratio fell 18.48% to 0.11 in Q4 2024 from the same period last year, while for Dec 2024 it was 0.11, marking a year-over-year decrease of 18.48%. This contributed to the annual value of 0.11 for FY2024, which is 18.48% down from last year.
- Per Formula Systems (1985)'s latest filing, its Debt Ratio stood at 0.11 for Q4 2024, which was down 18.48% from 0.13 recorded in Q4 2023.
- Over the past 5 years, Formula Systems (1985)'s Debt Ratio peaked at 0.17 during Q4 2022, and registered a low of 0.11 during Q4 2024.
- In the last 3 years, Formula Systems (1985)'s Debt Ratio had a median value of 0.13 in 2023 and averaged 0.14.
- As far as peak fluctuations go, Formula Systems (1985)'s Debt Ratio rose by 19.77% in 2022, and later fell by 19.09% in 2023.
- Quarterly analysis of 5 years shows Formula Systems (1985)'s Debt Ratio stood at 0.13 in 2020, then increased by 7.90% to 0.14 in 2021, then climbed by 19.77% to 0.17 in 2022, then fell by 19.09% to 0.13 in 2023, then dropped by 18.48% to 0.11 in 2024.
- Its last three reported values are 0.11 in Q4 2024, 0.13 for Q4 2023, and 0.17 during Q4 2022.
