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 FORTY days of operational coverage to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Kangwon Land
KO:035250
|
0.030x |
|
Y.H. Dimri Construction & Development Ltd
TA:DIMRI
|
-0.148x |
|
Zhejiang Youpon Integrated Ceiling Co Ltd
SHE:002718
|
0.089x |
|
ARMOUR Residential REIT Inc
NYSE:ARR
|
0.048x |
|
AvidXchange Holdings Inc
NASDAQ:AVDX
|
0.034x |
|
Array Digital Infrastructure, Inc.
NYSE:AD
|
0.013x |
|
Frontken Corporation Bhd
KLSE:0128
|
0.036x |
|
Jiangnan Mould & Plastic Technology Co Ltd
SHE:000700
|
0.092x |
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 market cap of Formula Systems 1985 Ltd ADR.
| 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