Formula Systems 1985 Ltd ADR (FORTY) — Capital Reinvestment Ratio
Formula Systems 1985 Ltd ADR (FORTY) has a Capital Reinvestment Ratio of 0.09x as of March 2019, meaning it reinvests 0% of its operating cash flow ($55.59 Million) in capital expenditures ($4.83 Million). Check FORTY intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Formula Systems 1985 Ltd ADR Capital Reinvestment Ratio (1998–2024)
This chart tracks Formula Systems 1985 Ltd ADR's Capital Reinvestment Ratio across 27 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Formula Systems 1985 Ltd ADR.
Annual Capital Reinvestment Ratio for Formula Systems 1985 Ltd ADR (1998–2024)
Year-by-year Capital Reinvestment Ratio for Formula Systems 1985 Ltd ADR from 1998 to 2024. See FORTY free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.09x | $324.45 Million | $28.96 Million | ▼ -17.7% |
| 2023 | 0.11x | $294.97 Million | $32.00 Million | ▼ -34.0% |
| 2022 | 0.16x | $239.14 Million | $39.31 Million | ▲ +10.4% |
| 2021 | 0.15x | $208.48 Million | $31.06 Million | ▲ +48.4% |
| 2020 | 0.10x | $286.94 Million | $28.81 Million | ▼ -46.2% |
| 2019 | 0.19x | $196.08 Million | $36.59 Million | ▼ -25.3% |
| 2018 | 0.25x | $82.59 Million | $20.63 Million | ▲ +7.0% |
| 2017 | 0.23x | $80.98 Million | $18.91 Million | ▼ -9.3% |
| 2016 | 0.26x | $74.95 Million | $19.30 Million | ▲ +42.6% |
| 2015 | 0.18x | $54.40 Million | $9.82 Million | ▼ -36.5% |
| 2014 | 0.28x | $16.67 Million | $4.74 Million | ▲ +16.3% |
| 2013 | 0.24x | $68.55 Million | $16.77 Million | ▲ +33.1% |
| 2012 | 0.18x | $73.07 Million | $13.43 Million | ▼ -74.5% |
| 2011 | 0.72x | $25.83 Million | $18.65 Million | ▲ +620.5% |
| 2010 | 0.10x | $53.37 Million | $5.35 Million | ▲ +105.5% |
| 2009 | 0.05x | $55.64 Million | $2.71 Million | ▼ -43.0% |
| 2008 | 0.09x | $47.38 Million | $4.05 Million | ▼ -71.2% |
| 2007 | 0.30x | $43.27 Million | $12.87 Million | ▼ -69.6% |
| 2006 | 0.98x | $25.95 Million | $25.35 Million | ▼ -74.1% |
| 2005 | 3.78x | $6.29 Million | $23.75 Million | ▲ +1076.5% |
| 2004 | 0.32x | $17.81 Million | $5.72 Million | ▼ -19.2% |
| 2003 | 0.40x | $12.29 Million | $4.89 Million | ▼ -41.6% |
| 2002 | 0.68x | $4.97 Million | $3.38 Million | ▼ -92.9% |
| 2001 | 9.55x | $1.18 Million | $11.24 Million | ▲ +237.5% |
| 2000 | 2.83x | $5.65 Million | $16.00 Million | ▲ +210.6% |
| 1999 | 0.91x | $13.41 Million | $12.23 Million | ▲ +161.4% |
| 1998 | 0.35x | $34.70 Million | $12.10 Million | — |