Formula Systems (1985) FORTY
NASDAQ FORTY
$129.00 +3.28 (+2.61%)
At close: Sep 3, 2026 · 4:00 PM EDT

Formula Systems (1985) (FORTY) Non Operating Interest Expenses (2017 - 2019)

Formula Systems (1985)'s (FORTY) quarterly Non Operating Interest Expenses came in at $13.5 million in Q2 2019, up 33.73% on a YoY basis from $10.1 million in Q2 2018, and up 300.73% quarter-over-quarter from -$6.7 million in Q4 2018.

Analysis

Formula Systems (1985) (FORTY) Non Operating Interest Expenses (2017 - 2019) Analysis & Trends

Formula Systems (1985) (FORTY) has reported Non Operating Interest Expenses for 3 consecutive years, with $13.5 million the latest figure, recorded in Q2 2019.

  • For the quarter ending Q2 2019, Non Operating Interest Expenses rose 33.73% year-over-year to $13.5 million; the trailing twelve-month figure through Jun 2019 stood at $12.5 million (changed N/A YoY), and the FY2025 full-year result was $63.6 million, up 82.09% from the prior year.
  • Non Operating Interest Expenses climbed to $13.5 million in Q2 2019 per FORTY's latest filing, from -$6.7 million in the prior quarter.
  • Across five years, Non Operating Interest Expenses topped out at $13.5 million in Q2 2019 and bottomed at -$12.6 million in Q4 2017.
  • Historically, Non Operating Interest Expenses has averaged -$612000.0 across 3 years, with a median of -$4.0 million in 2017.
  • The widest YoY moves for Non Operating Interest Expenses: up 46.42% in 2018, down 22.71% in 2018.
  • Over 3 years, Non Operating Interest Expenses stood at -$12.6 million in 2017, then surged by 46.42% to -$6.7 million in 2018, then surged by 300.73% to $13.5 million in 2019.
  • According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $13.5 million, -$6.7 million, and -$4.4 million for Q2 2019, Q4 2018, and Q3 2018 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Operating Interest Expenses (Qtr)
1 Infosys 47.37 Bn 47.42 Bn 1.60 Bn 13.00 Mn
2 Cognizant Technology Solutions 28.16 Bn 27.11 Bn 1.83 Bn 13.00 Mn
3 Cgi 14.44 Bn 13.86 Bn - -
4 EPAM Systems 6.04 Bn 5.25 Bn 429.57 Mn -
5 ExlService Holdings 5.56 Bn 5.27 Bn 225.96 Mn 5.07 Mn
6 Science Applications International 5.32 Bn 5.20 Bn 239.00 Mn -
7 Kyndryl Holdings 2.86 Bn 850.31 Mn 776.00 Mn 34.00 Mn
8 Formula Systems (1985) 1.98 Bn 1.56 Bn 158.43 Mn -
9 Innodata 1.91 Bn 1.66 Bn 42.46 Mn -
10 DXC Technology 1.86 Bn 135.62 Mn 611.00 Mn 55.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2019 13.54 Mn
Dec 31, 2018 -6.75 Mn
Sep 30, 2018 -4.41 Mn
Jun 30, 2018 10.13 Mn
Dec 31, 2017 -12.59 Mn
Sep 30, 2017 -3.59 Mn