Formula Systems (1985) (FORTY) Debt to Equity: 2010-2024
- Formula Systems (1985)'s Debt to Equity fell 17.72% 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 17.72%. This contributed to the annual value of $0.24 for FY2024, which is 17.72% down from last year.
- Formula Systems (1985)'s Debt to Equity amounted to $0.24 in Q4 2024, which was down 17.72% from $0.29 recorded in Q4 2023.
- In the past 5 years, Formula Systems (1985)'s Debt to Equity ranged from a high of $0.39 in Q4 2022 and a low of $0.24 during Q4 2024.
- Moreover, its 3-year median value for Debt to Equity was $0.29 (2023), whereas its average is $0.31.
- Its Debt to Equity has fluctuated over the past 5 years, first increased by 22.04% in 2022, then dropped by 26.73% in 2023.
- Over the past 5 years, Formula Systems (1985)'s Debt to Equity (Quarterly) 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 dropped by 17.72% to $0.24 in 2024.
- Its Debt to Equity stands at $0.24 for Q4 2024, versus $0.29 for Q4 2023 and $0.39 for Q4 2022.
