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| 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 | 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 |