Formula Systems 1985 Ltd ADR (FORTY) - 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. See Formula Systems 1985 Ltd ADR balance sheet independence to measure how much of total assets are equity-financed.
Formula Systems 1985 Ltd ADR - Cash Flow Conversion Efficiency Trend (1998–2024)
This chart illustrates how Formula Systems 1985 Ltd ADR's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check FORTY cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bangchak Corporation Public Company Limited
BK:BCP
|
0.161x |
|
Anhui Honglu Steel Construction Group Co Ltd
SHE:002541
|
0.057x |
|
Skyward Specialty Insurance Group, Inc. Common Stock
NASDAQ:SKWD
|
0.042x |
|
First National Financial Corp
TO:FN
|
-0.747x |
|
AvidXchange Holdings Inc
NASDAQ:AVDX
|
0.034x |
|
OEM International AB (publ)
ST:OEM-B
|
0.095x |
|
Beijing Hualian Hypermarket Co Ltd
SHG:600361
|
0.029x |
|
Sinomag Technology Co Ltd
SHE:300835
|
0.011x |
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. For the full company profile with market capitalisation and key ratios, see FORTY market cap overview.
| 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