Formula Systems (1985) (FORTY) Debt Ratio (2010 - 2026)
Formula Systems (1985) (FORTY) reported Debt Ratio of 0.05 for Q1 2026, down 24.65% on a YoY basis from 0.07 in Q1 2025, and up 2.16% quarter-over-quarter from 0.05 in Q4 2025.
Formula Systems (1985) (FORTY) Debt Ratio (2010 - 2026) Analysis & Trends
Formula Systems (1985) has reported Debt Ratio for 17 years, with the latest figure at 0.05 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio fell 24.65% year-over-year to 0.05; the trailing twelve-month figure through Mar 2026 stood at 0.05 (down 24.65% YoY), and the FY2025 full-year result was 0.05, down 25.85% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.05, up from 0.05 in the prior quarter.
- The five-year high for Debt Ratio was 0.17 in Q4 2022, with the low at 0.05 in Q4 2023.
- Historically, Debt Ratio has averaged 0.09 across 5 years, with a median of 0.08 in 2022.
- Annual changes were most pronounced in 2022 — Debt Ratio tumbled 99.77% — and 2023, when it jumped 51.1%.
- Formula Systems (1985)'s Debt Ratio stood at 0.17 in 2022, then tumbled by 72.81% to 0.05 in 2023, then jumped by 50.38% to 0.07 in 2024, then decreased by 25.85% to 0.05 in 2025, then gained by 2.16% to 0.05 in 2026.
- The last three Debt Ratio figures came in at 0.05 (Q1 2026), 0.05 (Q4 2025), and 0.07 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 0.14 |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 0.42 |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 0.01 |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 0.08 |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 0.03 |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 0.48 |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 0.37 |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 0.34 |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 0.41 |
| 10 | Formula Systems (1985) | 293,580.00 | -1.18 Bn | 146.04 Bn | 0.05 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.05 |
| Dec 31, 2025 | 0.05 |
| Sep 30, 2025 | 0.07 |
| Jun 30, 2025 | 0.07 |
| Mar 31, 2025 | 0.07 |
| Dec 31, 2024 | 0.07 |
| Sep 30, 2024 | 0.10 |
| Jun 30, 2024 | 0.09 |
| Mar 31, 2024 | 0.09 |
| Dec 31, 2023 | 0.05 |
| Sep 30, 2023 | 0.11 |
| Jun 30, 2023 | 0.12 |
| Mar 31, 2023 | 0.12 |
| Dec 31, 2022 | 0.17 |
| Sep 30, 2022 | 0.13 |
| Jun 30, 2022 | 0.08 |
| Mar 31, 2022 | 0.08 |
| Dec 31, 2021 | 72.95 |
| Sep 30, 2021 | 0.10 |
| Jun 30, 2021 | 0.10 |