Formula Systems (1985) (FORTY) Interest Coverage Ratio (2010 - 2019)

Formula Systems (1985) (FORTY) has reported Interest Coverage Ratio for 10 consecutive years, with 2.42 the latest figure, recorded in Q2 2019.

• Quarterly Interest Coverage Ratio fell 1.21% year-over-year to 2.42 in Q2 2019, while the trailing twelve-month figure through Mar 2020 was 10.75 (up 185.64% YoY) and the FY2025 annual result came in at 2.94, down 63.14% from the prior year.
• Interest Coverage Ratio advanced to 2.42 in Q2 2019 per FORTY's latest filing, from 1.3 in the prior quarter.
• Over the last five years, Interest Coverage Ratio for FORTY reached as high as 2.45 in Q2 2018 and fell as low as 1566133.33 in Q4 2016.
• A 5-year average of 195767.09 and a median of 0.86 in 2017 frame the typical range for Interest Coverage Ratio.
• Annual changes were most pronounced in 2016 — Interest Coverage Ratio slumped 73694780.72% — and 2018, when it surged 210.16%.
• Year by year, Interest Coverage Ratio stood at 2.13 in 2015, then sank by 73694780.72% to 1566133.33 in 2016, then soared by 100.0% to 0.42 in 2017, then jumped by 210.16% to 1.3 in 2018, then jumped by 85.66% to 2.42 in 2019.
• According to Business Quant data, Interest Coverage Ratio over the past three periods registered 2.42, 1.3, and 6.02 for Q2 2019, Q4 2018, and Q3 2018 respectively.