Formula Systems (1985) FORTY
NASDAQ FORTY
$116.21 +6.33 (+5.76%)
At close: Aug 18, 2026 · 4:00 PM EDT

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

Formula Systems (1985)'s (FORTY) quarterly Debt Ratio came in at 0.09 in Q1 2026, up 30.92% YoY 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 17 years of Debt Ratio data on file, last reported at 0.09 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 rose to 0.09 in Q1 2026, from 0.07 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.1 in Q1 2022 to a low of 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 plunged 40.98% — and 2025, when it jumped 72.79%.
  • Tracing FORTY's Debt Ratio over 5 years: stood at 0.1 in 2022, then retreated by 14.05% to 0.08 in 2023, then decreased by 19.45% to 0.07 in 2024, then retreated by 1.48% to 0.07 in 2025, then jumped by 31.43% to 0.09 in 2026.
  • The last three Debt Ratio figures came in at 0.09 (Q1 2026), 0.07 (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 International Business Machines 222.17 Bn 210.81 Bn 9.91 Bn 0.41
2 Accenture 113.08 Bn 102.91 Bn 6.13 Bn 0.07
3 Infosys 48.61 Bn 48.61 Bn 1.60 Bn -
4 Cgi 33.08 Bn 32.62 Bn - 0.71
5 Cognizant Technology Solutions 28.83 Bn 27.78 Bn 1.83 Bn 0.07
6 Fidelity National Information Services 21.35 Bn 20.61 Bn 1.17 Bn 0.48
7 Broadridge Financial Solutions 21.18 Bn 20.78 Bn 853.00 Mn 0.36
8 Wipro 19.66 Bn 18.59 Bn 738.00 Mn 0.13
9 Leidos Holdings 17.81 Bn 17.07 Bn 817.00 Mn 0.39
10 Formula Systems (1985) 1.78 Bn 597.45 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