Formula Systems (1985) (FORTY) Debt to Equity (2016 - 2024)
Historic Debt to Equity for Formula Systems (1985) (FORTY) over the last 16 years, with Q4 2024 value amounting to $0.24.
- Formula Systems (1985)'s Debt to Equity fell 1772.43% to $0.24 in Q4 2024 from the same period last year, while for Dec 2024 it was $0.24, marking a year-over-year decrease of 1772.43%. This contributed to the annual value of $0.24 for FY2024, which is 1772.43% down from last year.
- Per Formula Systems (1985)'s latest filing, its Debt to Equity stood at $0.24 for Q4 2024, which was down 1772.43% from $0.29 recorded in Q4 2023.
- Formula Systems (1985)'s Debt to Equity's 5-year high stood at $0.39 during Q4 2022, with a 5-year trough of $0.24 in Q4 2024.
- Its 5-year average for Debt to Equity is $0.31, with a median of $0.29 in 2020.
- In the last 5 years, Formula Systems (1985)'s Debt to Equity skyrocketed by 2203.95% in 2022 and then plummeted by 2672.62% in 2023.
- Quarter analysis of 5 years shows Formula Systems (1985)'s Debt to Equity stood at $0.29 in 2020, then rose by 10.58% to $0.32 in 2021, then rose by 22.04% to $0.39 in 2022, then dropped by 26.73% to $0.29 in 2023, then decreased by 17.72% to $0.24 in 2024.
- Its last three reported values are $0.24 in Q4 2024, $0.29 for Q4 2023, and $0.39 during Q4 2022.