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| 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 |