Formula Systems 1985 Ltd ADR Cash Flow Conversion Efficiency
Formula Systems 1985 Ltd ADR cash flow conversion efficiency. Based on the latest financial reports, Formula Systems 1985 Ltd ADR (FORTY) has a cash flow conversion efficiency ratio of 0.013x as of March 2023. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($14.95 Million) by net assets ($1.19 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Formula Systems 1985 Ltd ADR (1998–2024)
Cash flow conversion efficiency of Formula Systems 1985 Ltd ADR from 1998 to 2024. This chart illustrates how Formula Systems 1985 Ltd ADR's cash flow conversion efficiency has evolved over time, based on yearly financial data. View FORTY stock price for real-time trading data and today's change.
Formula Systems 1985 Ltd ADR Cash Flow Conversion Ratio Explained
Formula Systems 1985 Ltd ADR cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Formula Systems 1985 Ltd ADR Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Formula Systems 1985 Ltd ADR ranked by their cash flow conversion efficiency. Also see market value of Formula Systems 1985 Ltd ADR for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CJ Corp
KO:001040
|
0.027x |
|
StubHub Holdings, Inc.
NYSE:STUB
|
0.002x |
|
Elite Semiconductor Memory Technology Inc
TW:3006
|
0.030x |
|
Skyward Specialty Insurance Group, Inc. Common Stock
NASDAQ:SKWD
|
0.042x |
|
AvidXchange Holdings Inc
NASDAQ:AVDX
|
0.034x |
|
Lizhong Sitong Light Alloys Group Co Ltd
SHE:300428
|
-0.026x |
|
Castrol India Limited
NSE:CASTROLIND
|
0.356x |
|
BHP Group Limited
LSE:BHP
|
0.205x |
Annual Cash Flow Conversion Efficiency for Formula Systems 1985 Ltd ADR (1998–2024)
The table below shows the annual cash flow conversion efficiency of Formula Systems 1985 Ltd ADR from 1998 to 2024. Review FORTY FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $1.39 Billion | $324.45 Million | 0.234x | +3.57% |
| 2023-12-31 | $1.31 Billion | $294.97 Million | 0.225x | +10.98% |
| 2022-12-31 | $1.18 Billion | $239.14 Million | 0.203x | +14.97% |
| 2021-12-31 | $1.18 Billion | $208.48 Million | 0.177x | -31.80% |
| 2020-12-31 | $1.11 Billion | $286.94 Million | 0.259x | +18.44% |
| 2019-12-31 | $896.33 Million | $196.08 Million | 0.219x | +113.25% |
| 2018-12-31 | $805.14 Million | $82.59 Million | 0.103x | -2.09% |
| 2017-12-31 | $772.92 Million | $80.98 Million | 0.105x | +1.18% |
| 2016-12-31 | $723.85 Million | $74.95 Million | 0.104x | +27.79% |
| 2015-12-31 | $671.29 Million | $54.40 Million | 0.081x | +215.32% |
| 2014-12-31 | $648.79 Million | $16.67 Million | 0.026x | -81.90% |
| 2013-12-31 | $482.92 Million | $68.55 Million | 0.142x | -8.98% |
| 2012-12-31 | $468.50 Million | $73.07 Million | 0.156x | +121.14% |
| 2011-12-31 | $366.29 Million | $25.83 Million | 0.071x | -55.81% |
| 2010-12-31 | $334.38 Million | $53.37 Million | 0.160x | -15.28% |
| 2009-12-31 | $295.31 Million | $55.64 Million | 0.188x | +10.29% |
| 2008-12-31 | $277.37 Million | $47.38 Million | 0.171x | +20.94% |
| 2007-12-31 | $306.30 Million | $43.27 Million | 0.141x | +46.11% |
| 2006-12-31 | $268.43 Million | $25.95 Million | 0.097x | +318.51% |
| 2005-12-31 | $272.13 Million | $6.29 Million | 0.023x | -63.24% |
| 2004-12-31 | $283.36 Million | $17.81 Million | 0.063x | +24.84% |
| 2003-12-31 | $244.25 Million | $12.29 Million | 0.050x | +128.41% |
| 2002-12-31 | $225.48 Million | $4.97 Million | 0.022x | +399.76% |
| 2001-12-31 | $266.69 Million | $1.18 Million | 0.004x | -69.38% |
| 2000-12-31 | $392.54 Million | $5.65 Million | 0.014x | -67.31% |
| 1999-12-31 | $304.56 Million | $13.41 Million | 0.044x | -69.97% |
| 1998-12-31 | $236.60 Million | $34.70 Million | 0.147x | -- |
About Formula Systems 1985 Ltd ADR
Formula Systems (1985) Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions and information technologies (IT) professional services in Israel, the United States, Europe, Africa, Japan, and internationally. The company also offers software product marketing and support, computer infrastructure and integration solutions, and learning and integration. In additi… Read more