Formula Systems (1985) (FORTY) Interest Coverage Ratio (2017 - 2018)
Formula Systems (1985) (FORTY) reported Interest Coverage Ratio of 1.3 for Q4 2018, up 210.16% on a YoY basis from 0.42 in Q4 2017, and up 121.6% quarter-over-quarter from 6.03 in Q3 2018.
Formula Systems (1985) (FORTY) Interest Coverage Ratio (2017 - 2018) Analysis & Trends
Formula Systems (1985) has reported Interest Coverage Ratio for 2 years, with the latest figure at 1.3 in Q4 2018.
- For the quarter ending Q4 2018, Interest Coverage Ratio rose 210.16% year-over-year to 1.3; the trailing twelve-month figure through Sep 2019 stood at 5.36 (up 136.56% YoY), and the FY2025 full-year result was 2.94, down 42.25% from the prior year.
- Interest Coverage Ratio for Q4 2018 stood at 1.3, up from 6.03 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 1.3 in Q4 2018, with the low at 6.1 in Q3 2017.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 87.92 |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 3.57 |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | -11.46 |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 39.23 |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 120.43 |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 2.15 |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | - |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | - |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | - |
| 10 | Formula Systems (1985) | 293,580.00 | -1.18 Bn | 146.04 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 1.30 |
| Sep 30, 2018 | -6.03 |
| Dec 31, 2017 | 0.42 |
| Sep 30, 2017 | -6.10 |