Formula Systems (1985) (FORTY) Other Non-Current Assets (2009 - 2022)

Formula Systems (1985) (FORTY) posted quarterly Other Non-Current Assets of $82000.0 for Q4 2022, down 54.19% year-on-year 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 reported Other Non-Current Assets for 14 consecutive years, with $82000.0 the latest figure, recorded 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 fell to $82000.0 in Q4 2022 per FORTY's latest filing, from $179000.0 in the prior quarter.
  • Over the last five years, Other Non-Current Assets for FORTY reached as high as $22.9 million in Q4 2020 and fell as low as -$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 jumped 21458.25% — and 2021, when it slumped 99.22%.
  • Year by year, Other Non-Current Assets stood at $103000.0 in 2018, then soared by 21458.25% to $22.2 million in 2019, then rose by 3.0% to $22.9 million in 2020, then sank by 99.22% to $179000.0 in 2021, then sank by 54.19% to $82000.0 in 2022.
  • According to Business Quant data, Other Non-Current Assets over the past three periods registered $82000.0, $179000.0, and $22.9 million for Q4 2022, Q4 2021, and Q4 2020 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Other Non-Current Assets (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 835.00 Mn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 1.49 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn -
5 Cgi 41.25 Bn 40.60 Bn - 107.38 Mn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 1.29 Bn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 1.04 Bn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 96.00 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 1.11 Bn
10 Formula Systems (1985) 1.63 Bn 883.74 Mn 146.04 Bn -

Historic Data

Download Data
DateValue
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