Formula Systems (1985) (FORTY) Debt to Equity (2009 - 2025)
Formula Systems (1985) (FORTY) reported Debt to Equity of $0.13 for Q4 2025, down 55.76% on a YoY basis from $0.3 in Q4 2024, and down 55.76% quarter-over-quarter from $0.3 in Q4 2024.
Formula Systems (1985) (FORTY) Debt to Equity (2009 - 2025) Analysis & Trends
Formula Systems (1985) has reported Debt to Equity for 17 years, with the latest figure at $0.13 in Q4 2025.
- For the quarter ending Q4 2025, Debt to Equity fell 55.76% year-over-year to $0.13; the trailing twelve-month figure through Dec 2025 stood at $0.13 (down 55.76% YoY), and the FY2025 full-year result was $0.13, down 55.76% from the prior year.
- Debt to Equity for Q4 2025 stood at $0.13, down from $0.3 in the prior quarter.
- The five-year high for Debt to Equity was $0.39 in Q4 2022, with the low at $0.1 in Q4 2023.
- Historically, Debt to Equity has averaged $0.23 across 5 years, with a median of $0.22 in 2023.
- Annual changes were most pronounced in 2023 — Debt to Equity plunged 75.37% — and 2024, when it jumped 210.41%.
- Formula Systems (1985)'s Debt to Equity stood at $0.21 in 2021, then soared by 89.97% to $0.39 in 2022, then sank by 75.37% to $0.1 in 2023, then jumped by 210.41% to $0.3 in 2024, then sank by 55.76% to $0.13 in 2025.
- The last three Debt to Equity figures came in at $0.13 (Q4 2025), $0.3 (Q4 2024), and $0.1 (Q4 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | - |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 2.01 |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 0.16 |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 0.04 |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 1.31 |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 1.14 |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 2.21 |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 1.26 |
| 10 | Formula Systems (1985) | 293,580.00 | -1.18 Bn | 146.04 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.13 |
| Dec 31, 2024 | 0.30 |
| Dec 31, 2023 | 0.10 |
| Sep 30, 2023 | 0.23 |
| Dec 31, 2022 | 0.39 |
| Dec 31, 2021 | 0.21 |
| Dec 31, 2020 | 0.27 |
| Dec 31, 2019 | 0.24 |
| Dec 31, 2018 | 0.19 |
| Dec 31, 2017 | 0.22 |
| Dec 31, 2016 | 0.19 |
| Dec 31, 2015 | 0.16 |
| Dec 31, 2014 | 0.28 |
| Dec 31, 2013 | 0.13 |
| Dec 31, 2012 | 0.17 |
| Dec 31, 2011 | 0.19 |
| Dec 31, 2010 | 0.14 |
| Dec 31, 2009 | 0.15 |