Formula Systems (1985) (FORTY) Interest Coverage Ratio (2017 - 2019)
Formula Systems (1985)'s (FORTY) Interest Coverage Ratio came in at 3.09 for FY2025, down 11.1% from 3.47 in FY2024.
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Analysis
Formula Systems (1985) (FORTY) Interest Coverage Ratio (2017 - 2019) Analysis & Trends
Since FY2009, Formula Systems (1985) has reported Interest Coverage Ratio for 17 years.
- Annual Interest Coverage Ratio has run from a low of 2.92 in FY2023 to a high of 7.47 in FY2022 over five years.
- Business Quant data shows FORTY's Interest Coverage Ratio at 3.47 in FY2024 (+19.1%), 2.92 in FY2023 (-60.9%), 7.47 in FY2022 (+7.7%) and 6.94 in FY2021 (+19.7%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 52.40 Bn | 38.90 Bn | 1.60 Bn | 82.46 |
| 2 | Cognizant Technology Solutions | 32.46 Bn | 25.62 Bn | 1.83 Bn | 67.23 |
| 3 | Wipro | 22.47 Bn | 17.61 Bn | 745.00 Mn | 4.57 |
| 4 | Cdw | 20.15 Bn | 18.14 Bn | 1.32 Bn | - |
| 5 | Td Synnex | 19.94 Bn | 14.10 Bn | 1.43 Bn | - |
| 6 | Cgi | 17.74 Bn | 15.53 Bn | - | 21.76 |
| 7 | Arrow Electronics | 11.21 Bn | 10.16 Bn | 1.13 Bn | - |
| 8 | Avnet | 7.65 Bn | 6.83 Bn | 865.03 Mn | 3.48 |
| 9 | EPAM Systems | 7.01 Bn | 2.65 Bn | 429.57 Mn | - |
| 10 | Formula Systems (1985) | 1.83 Bn | -1.52 Bn | 158.43 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2019 | 2.42 |
| Dec 31, 2018 | 4.81 |
| Sep 30, 2018 | 6.02 |
| Jun 30, 2018 | 2.45 |
| Dec 31, 2017 | 1.57 |
| Sep 30, 2017 | 6.10 |
API Access
Formula Systems (1985) Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=FORTY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "FORTY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=FORTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();