Formula Systems (1985) (FORTY) Other Non-Current Assets (2009 - 2022)
Formula Systems (1985)'s (FORTY) quarterly Other Non-Current Assets came in at $82000.0 in Q4 2022, down 54.19% YoY from $179000.0 in Q4 2021, and down 54.19% on a QoQ basis from $179000.0 in Q4 2021.
Formula Systems (1985) (FORTY) Other Non-Current Assets (2009 - 2022) Analysis & Trends
Formula Systems (1985) (FORTY) has 14 years of Other Non-Current Assets data on file, last reported at $82000.0 in Q4 2022.
- Quarterly Other Non-Current Assets fell 54.19% year-over-year to $82000.0 in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $82000.0 (down 54.19% YoY) and the FY2022 annual result came in at $82000.0, down 54.19% from the prior year.
- Other Non-Current Assets slipped to $82000.0 in Q4 2022, from $179000.0 in the prior quarter.
- In the past five years, Other Non-Current Assets ranged from a high of $22.9 million in Q4 2020 to a low of -$6000.0 in Q3 2018.
- A 5-year average of $7.6 million and a median of $141000.0 in 2018 frame the typical range for Other Non-Current Assets.
- Annual changes were most pronounced in 2019 — Other Non-Current Assets soared 21458.25% — and 2021, when it tumbled 99.22%.
- Tracing FORTY's Other Non-Current Assets over 5 years: stood at $103000.0 in 2018, then soared by 21458.25% to $22.2 million in 2019, then climbed by 3.0% to $22.9 million in 2020, then plunged by 99.22% to $179000.0 in 2021, then plunged by 54.19% to $82000.0 in 2022.
- The last three Other Non-Current Assets figures came in at $82000.0 (Q4 2022), $179000.0 (Q4 2021), and $22.9 million (Q4 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Other Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | 835.00 Mn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 1.49 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | 47.00 Mn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | 125.07 Mn |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 1.10 Bn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | 1.82 Bn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | 1.22 Bn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | 96.00 Mn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | 943.00 Mn |
| 10 | Formula Systems (1985) | 1.78 Bn | 597.45 Mn | 146.04 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 82,000.00 |
| Dec 31, 2021 | 179,000.00 |
| Dec 31, 2020 | 22.87 Mn |
| Dec 31, 2019 | 22.21 Mn |
| Dec 31, 2018 | 103,000.00 |
| Sep 30, 2018 | -6,000.00 |
| Dec 31, 2017 | -125,000.00 |
| Dec 31, 2016 | 14.41 Mn |
| Dec 31, 2015 | -54.63 Mn |
| Sep 30, 2015 | 60.79 Mn |
| Jun 30, 2015 | 63.06 Mn |
| Mar 31, 2015 | 59.95 Mn |
| Dec 31, 2014 | 65.32 Mn |
| Sep 30, 2014 | 57.32 Mn |
| Jun 30, 2014 | 61.66 Mn |
| Mar 31, 2014 | 60.69 Mn |
| Dec 31, 2013 | 68.15 Mn |
| Sep 30, 2013 | 71.28 Mn |
| Jun 30, 2013 | 68.83 Mn |
| Mar 31, 2013 | 68.54 Mn |