Formula Systems (1985) (FORTY) Short term Debt (2010 - 2026)

Formula Systems (1985) (FORTY) reported Short term Debt of $79.0 million for Q1 2026, up 46.7% on a YoY basis from $53.9 million in Q1 2025, and up 28.3% quarter-over-quarter from $61.6 million in Q4 2025.

Formula Systems (1985) (FORTY) Short term Debt (2010 - 2026) Analysis & Trends

Formula Systems (1985) has reported Short term Debt for 15 years, with the latest figure at $79.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Short term Debt rose 46.7% year-over-year to $79.0 million; the trailing twelve-month figure through Mar 2026 stood at $79.0 million (up 46.7% YoY), and the FY2025 full-year result was $61.6 million, down 56.57% from the prior year.
  • Short term Debt for Q1 2026 stood at $79.0 million, up from $61.6 million in the prior quarter.
  • The five-year high for Short term Debt was $157.9 million in Q4 2022, with the low at $36.0 million in Q4 2023.
  • Historically, Short term Debt has averaged $64.0 million across 5 years, with a median of $53.3 million in 2022.
  • Annual changes were most pronounced in 2022 — Short term Debt surged 299.12% — and 2023, when it sank 77.21%.
  • Formula Systems (1985)'s Short term Debt stood at $157.9 million in 2022, then slumped by 77.21% to $36.0 million in 2023, then surged by 293.98% to $141.8 million in 2024, then slumped by 56.57% to $61.6 million in 2025, then increased by 28.3% to $79.0 million in 2026.
  • The last three Short term Debt figures came in at $79.0 million (Q1 2026), $61.6 million (Q4 2025), and $61.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn
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
Mar 31, 2026 79.00 Mn
Dec 31, 2025 61.58 Mn
Sep 30, 2025 61.40 Mn
Jun 30, 2025 56.88 Mn
Mar 31, 2025 53.85 Mn
Dec 31, 2024 141.78 Mn
Sep 30, 2024 50.64 Mn
Jun 30, 2024 49.40 Mn
Mar 31, 2024 49.34 Mn
Dec 31, 2023 35.99 Mn
Sep 30, 2023 42.18 Mn
Jun 30, 2023 51.19 Mn
Mar 31, 2023 60.30 Mn
Dec 31, 2022 157.88 Mn
Sep 30, 2022 53.25 Mn
Jun 30, 2022 43.68 Mn
Mar 31, 2022 40.02 Mn
Dec 31, 2021 39.56 Mn
Sep 30, 2021 35.40 Mn
Jun 30, 2021 35.50 Mn