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Formula Systems (1985) (FORTY) Interest Coverage Ratio (2017 - 2019)

Historic Interest Coverage Ratio for Formula Systems (1985) (FORTY) over the last 3 years, with Q2 2019 value amounting to 2.42.

  • Formula Systems (1985)'s Interest Coverage Ratio fell 121.39% to 2.42 in Q2 2019 from the same period last year, while for Mar 2020 it was 10.75, marking a year-over-year increase of 18561.87%. This contributed to the annual value of 6.97 for FY2024, which is 2261.92% up from last year.
  • Formula Systems (1985)'s Interest Coverage Ratio amounted to 2.42 in Q2 2019, which was down 121.39% from 1.3 recorded in Q4 2018.
  • Formula Systems (1985)'s 5-year Interest Coverage Ratio high stood at 2.45 for Q2 2018, and its period low was 6.1 during Q3 2017.
  • Over the past 3 years, Formula Systems (1985)'s median Interest Coverage Ratio value was 0.86 (recorded in 2017), while the average stood at 0.92.
  • Per our database at Business Quant, Formula Systems (1985)'s Interest Coverage Ratio surged by 21015.71% in 2018 and then plummeted by 121.39% in 2019.
  • Quarter analysis of 3 years shows Formula Systems (1985)'s Interest Coverage Ratio stood at 0.42 in 2017, then soared by 210.16% to 1.3 in 2018, then skyrocketed by 85.66% to 2.42 in 2019.
  • Its Interest Coverage Ratio was 2.42 in Q2 2019, compared to 1.3 in Q4 2018 and 6.03 in Q3 2018.