Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Assets AverageDebt RatioDebt to EquityEnterprise ValueEquity AverageEquity RatioInventory AverageInvested CapitalMarket Capitalization

Formula Systems (1985) (FORTY) Debt Ratio: 2010-2024

Historic Debt Ratio for Formula Systems (1985) (FORTY) over the last 14 years, with Dec 2024 value amounting to 0.11.

  • 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.
  • Latest data reveals that Formula Systems (1985) reported Debt Ratio of 0.11 as of FY2024, which was down 18.48% from 0.13 recorded in FY2023.
  • Formula Systems (1985)'s 5-year Debt Ratio high stood at 0.17 for FY2022, and its period low was 0.11 during FY2024.
  • Moreover, its 3-year median value for Debt Ratio was 0.13 (2023), whereas its average is 0.14.
  • In the last 5 years, Formula Systems (1985)'s Debt Ratio grew by 19.77% in 2022 and then dropped by 19.09% in 2023.
  • Over the past 5 years, Formula Systems (1985)'s Debt Ratio (Yearly) stood at 0.13 in 2020, then rose by 7.90% to 0.14 in 2021, then grew by 19.77% to 0.17 in 2022, then fell by 19.09% to 0.13 in 2023, then fell by 18.48% to 0.11 in 2024.