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| Date | Value |
|---|---|
| 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 |