Formula Systems (1985) (FORTY) Short term Debt (2010 - 2026)
Formula Systems (1985)'s (FORTY) quarterly Short term Debt came in at $79.0 million in Q1 2026, up 46.7% YoY from $53.9 million in Q1 2025, and up 28.3% on a QoQ basis from $61.6 million in Q4 2025.
Formula Systems (1985) (FORTY) Short term Debt (2010 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has 15 years of Short term Debt data on file, last reported at $79.0 million in Q1 2026.
- Quarterly Short term Debt rose 46.7% year-over-year to $79.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $79.0 million (up 46.7% YoY) and the FY2025 annual result came in at $61.6 million, down 56.57% from the prior year.
- Short term Debt advanced to $79.0 million in Q1 2026, from $61.6 million in the prior quarter.
- In the past five years, Short term Debt ranged from a high of $157.9 million in Q4 2022 to a low of $40.0 million in Q1 2022.
- A 5-year average of $70.5 million and a median of $53.9 million in 2025 frame the typical range for Short term Debt.
- Annual changes were most pronounced in 2023 — Short term Debt soared 50.67% — and 2025, when it sank 56.57%.
- Tracing FORTY's Short term Debt over 5 years: stood at $157.9 million in 2022, then retreated by 7.54% to $146.0 million in 2023, then fell by 2.87% 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn |
| 10 | Formula Systems (1985) | 1.78 Bn | 597.45 Mn | 146.04 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 145.97 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 | 175.70 Mn |
| Sep 30, 2021 | 35.40 Mn |
| Jun 30, 2021 | 35.50 Mn |