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.
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. Read FORTY current and long-term liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Godawari Power And Ispat limited
NSE:GPIL
|
0.076x |
|
Íslandsbanki hf.
IC:ISB
|
0.079x |
|
Anyuan Coal Industry Group Co Ltd
SHG:600397
|
-0.013x |
|
Beijing Originwater Technology
SHE:300070
|
-0.006x |
|
AvidXchange Holdings Inc
NASDAQ:AVDX
|
0.034x |
|
Alamo Group Inc
NYSE:ALG
|
0.058x |
|
A.F.P. Provida
SN:PROVIDA
|
0.022x |
|
Extreme Networks Inc
NASDAQ:EXTR
|
0.523x |
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