Formula Systems (1985) (FORTY) Interest Expenses (2017 - 2018)

Formula Systems (1985) (FORTY) reported Interest Expenses of $25.0 million for Q4 2018, down 47.07% on a YoY basis from $47.1 million in Q4 2017, and up 666.07% quarter-over-quarter from -$4.4 million in Q3 2018.

Formula Systems (1985) (FORTY) Interest Expenses (2017 - 2018) Analysis & Trends

Formula Systems (1985) has reported Interest Expenses for 2 years, with the latest figure at $25.0 million in Q4 2018.

  • For the quarter ending Q4 2018, Interest Expenses fell 47.07% year-over-year to $25.0 million; the trailing twelve-month figure through Sep 2019 stood at $25.0 million (down 41.61% YoY), and the FY2025 full-year result was $63.6 million, up 82.09% from the prior year.
  • Interest Expenses for Q4 2018 stood at $25.0 million, up from -$4.4 million in the prior quarter.
  • The five-year high for Interest Expenses was $47.1 million in Q4 2017, with the low at -$4.4 million in Q3 2018.
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Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn 12.00 Mn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 473.00 Mn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn -39.00 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 63.57 Mn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 7.00 Mn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 197.00 Mn
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
DateValue
Dec 31, 2018 24.96 Mn
Dec 31, 2018 24.96 Mn
Sep 30, 2018 -4.41 Mn
Sep 30, 2018 -4.41 Mn
Dec 31, 2017 47.15 Mn
Dec 31, 2017 47.15 Mn
Sep 30, 2017 -3.59 Mn
Sep 30, 2017 -3.59 Mn