Formula Systems (1985) (FORTY) Times Interest Earned (2010 - 2019)

Formula Systems (1985) (FORTY) has reported Times Interest Earned for 10 consecutive years, with $2.42 the latest figure, recorded in Q2 2019.

• Quarterly Times Interest Earned fell 1.21% year-over-year to $2.42 in Q2 2019, while the trailing twelve-month figure through Mar 2020 was $10.75 (up 185.64% YoY) and the FY2025 annual result came in at $2.94, down 63.14% from the prior year.
• Times Interest Earned advanced to $2.42 in Q2 2019 per FORTY's latest filing, from $1.3 in the prior quarter.
• Over the last five years, Times Interest Earned for FORTY reached as high as $2.45 in Q2 2018 and fell as low as -$1.6 million in Q4 2016.
• A 5-year average of -$195767.1 and a median of $0.86 in 2017 frame the typical range for Times Interest Earned.
• Annual changes were most pronounced in 2016 — Times Interest Earned slumped 73694780.72% — and 2018, when it surged 210.16%.
• Year by year, Times Interest Earned stood at $2.13 in 2015, then sank by 73694780.72% to -$1.6 million in 2016, then soared by 100.0% to $0.42 in 2017, then jumped by 210.16% to $1.3 in 2018, then jumped by 85.66% to $2.42 in 2019.
• According to Business Quant data, Times Interest Earned over the past three periods registered $2.42, $1.3, and -$6.02 for Q2 2019, Q4 2018, and Q3 2018 respectively.