Formula Systems (1985) (FORTY) Debt to Equity: 2010-2024
Historic Debt to Equity for Formula Systems (1985) (FORTY) over the last 15 years, with Dec 2024 value amounting to $0.24.
- 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.
- According to the latest figures from FY2024, Formula Systems (1985)'s Debt to Equity is $0.24, which was down 17.72% from $0.29 recorded in FY2023.
- Formula Systems (1985)'s Debt to Equity's 5-year high stood at $0.39 during FY2022, with a 5-year trough of $0.24 in FY2024.
- In the last 3 years, Formula Systems (1985)'s Debt to Equity had a median value of $0.29 in 2023 and averaged $0.31.
- In the last 5 years, Formula Systems (1985)'s Debt to Equity rose by 22.04% in 2022 and then declined by 26.73% in 2023.
- Yearly analysis of 5 years shows Formula Systems (1985)'s Debt to Equity stood at $0.29 in 2020, then increased by 10.58% to $0.32 in 2021, then climbed by 22.04% to $0.39 in 2022, then declined by 26.73% to $0.29 in 2023, then decreased by 17.72% to $0.24 in 2024.