Formula Systems (1985) Debt to Equity Ratio 2010-2023 | FORTY
Current and historical debt to equity ratio values for Formula Systems (1985) (FORTY) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Formula Systems (1985) debt/equity for the three months ending September 30, 2023 was 0.24.
| Formula Systems (1985) Debt/Equity Ratio Historical Data |
| Date |
Long Term Debt |
Shareholder's Equity |
Debt to Equity Ratio |
| 2023-09-30 |
$1.43B |
$1.23B |
1.17 |
| 2023-06-30 |
$1.50B |
$1.23B |
1.22 |
| 2023-03-31 |
$1.58B |
$1.19B |
1.33 |
| 2022-12-31 |
$1.62B |
$1.18B |
1.37 |
| 2022-09-30 |
$1.55B |
$1.15B |
1.35 |
| 2022-06-30 |
$1.45B |
$1.16B |
1.25 |
| 2022-03-31 |
$1.65B |
$1.18B |
1.40 |
| 2021-12-31 |
$1.57B |
$1.18B |
1.33 |
| 2021-09-30 |
$1.48B |
$1.14B |
1.31 |
| 2021-06-30 |
$1.46B |
$1.13B |
1.29 |
| 2021-03-31 |
$1.34B |
$1.10B |
1.21 |
| 2020-12-31 |
$1.41B |
$1.11B |
1.27 |
| 2020-09-30 |
$1.28B |
$0.94B |
1.36 |
| 2020-06-30 |
$1.26B |
$0.92B |
1.37 |
| 2020-03-31 |
$1.24B |
$0.89B |
1.40 |
| 2019-12-31 |
$1.19B |
$0.90B |
1.33 |
| 2019-09-30 |
$1.13B |
$0.87B |
1.30 |
| 2019-06-30 |
$1.11B |
$0.87B |
1.28 |
| 2019-03-31 |
$1.08B |
$0.85B |
1.28 |
| 2018-12-31 |
$0.86B |
$0.81B |
1.07 |
| 2018-09-30 |
$0.83B |
$0.81B |
1.03 |
| 2018-06-30 |
$0.80B |
$0.77B |
1.03 |
| 2018-03-31 |
$0.82B |
$0.78B |
1.04 |
| 2017-12-31 |
$0.79B |
$0.77B |
1.02 |
| 2017-09-30 |
$0.77B |
$0.75B |
1.02 |
| 2017-06-30 |
$0.74B |
$0.75B |
0.98 |
| 2017-03-31 |
$0.72B |
$0.74B |
0.96 |
| 2016-12-31 |
$0.63B |
$0.72B |
0.87 |
| 2016-09-30 |
$0.51B |
$0.75B |
0.68 |
| 2016-06-30 |
$0.49B |
$0.73B |
0.66 |
| 2016-03-31 |
$0.52B |
$0.73B |
0.71 |
| 2015-12-31 |
$0.51B |
$0.71B |
0.72 |
| 2015-09-30 |
$0.50B |
$0.67B |
0.75 |
| 2015-06-30 |
$0.46B |
$0.68B |
0.67 |
| 2015-03-31 |
$0.43B |
$0.67B |
0.64 |
| 2014-12-31 |
$0.47B |
$0.66B |
0.71 |
| 2014-09-30 |
$0.37B |
$0.48B |
0.76 |
| 2014-06-30 |
$0.41B |
$0.49B |
0.84 |
| 2014-03-31 |
$0.40B |
$0.49B |
0.81 |
| 2013-12-31 |
$0.38B |
$0.50B |
0.76 |
| 2013-09-30 |
$0.39B |
$0.52B |
0.75 |
| 2013-06-30 |
$0.40B |
$0.50B |
0.79 |
| 2013-03-31 |
$0.38B |
$0.50B |
0.77 |
| 2012-12-31 |
$0.39B |
$0.49B |
0.80 |
| 2012-09-30 |
$0.34B |
$0.49B |
0.70 |
| 2012-06-30 |
$0.35B |
$0.48B |
0.73 |
| 2012-03-31 |
$0.37B |
$0.49B |
0.76 |
| 2011-12-31 |
$0.31B |
$0.36B |
0.84 |
| 2011-09-30 |
$0.27B |
$0.35B |
0.76 |
| 2011-06-30 |
$0.31B |
$0.35B |
0.88 |
| 2011-03-31 |
$0.31B |
$0.35B |
0.88 |
| 2010-12-31 |
$0.29B |
$0.33B |
0.87 |
| 2010-09-30 |
$0.27B |
$0.30B |
0.90 |
| 2010-06-30 |
$0.26B |
$0.29B |
0.92 |
| 2010-03-31 |
$0.30B |
$0.29B |
1.05 |
| 2009-12-31 |
$0.27B |
$0.30B |
0.92 |
| 2009-09-30 |
$0.28B |
$0.29B |
0.96 |
| 2009-06-30 |
$0.27B |
$0.28B |
0.97 |
| 2009-03-31 |
$0.27B |
$0.26B |
1.03 |
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Computer - Services |
$1.143B |
$2.621B |
|
Formula Systems Ltd. is a global information technology company principally engaged, through its subsidiaries and affiliates, in providing software consulting services, developing proprietary software products and providing computer-based business solutions.
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