Formula
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
Formula (FORTY) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2022: 0.013x
Based on the latest financial reports, Formula (FORTY) has a cash flow conversion efficiency ratio of 0.013x as of December 2022.
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 (ILA14.95 Million) by net assets (ILA1.18 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Formula - Cash Flow Conversion Efficiency Trend (1998–2024)
This chart illustrates how Formula's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Formula Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Formula ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
KB Autosys Co. Ltd
KQ:024120
|
-0.009x |
|
Chemcon Speciality Chemicals Limited
NSE:CHEMCON
|
0.010x |
|
Actia Group
PA:ALATI
|
0.139x |
|
Horng Tong Enterprise Co., Ltd.
TWO:5271
|
-0.080x |
|
Zaigle Co. Ltd
KQ:234920
|
-0.099x |
|
R K Swamy Limited
NSE:RKSWAMY
|
N/A |
|
P&K Skin Research Center Co. Ltd
KQ:347740
|
0.021x |
|
Tripar Multivision Plus
JK:RAAM
|
0.042x |
Annual Cash Flow Conversion Efficiency for Formula (1998–2024)
The table below shows the annual cash flow conversion efficiency of Formula from 1998 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ILA1.39 Billion | ILA324.45 Million | 0.234x | +3.57% |
| 2023-12-31 | ILA1.31 Billion | ILA294.97 Million | 0.225x | +10.98% |
| 2022-12-31 | ILA1.18 Billion | ILA239.14 Million | 0.203x | +14.97% |
| 2021-12-31 | ILA1.18 Billion | ILA208.48 Million | 0.177x | -31.80% |
| 2020-12-31 | ILA1.11 Billion | ILA286.94 Million | 0.259x | +18.44% |
| 2019-12-31 | ILA896.33 Million | ILA196.08 Million | 0.219x | +113.25% |
| 2018-12-31 | ILA805.14 Million | ILA82.59 Million | 0.103x | -2.09% |
| 2017-12-31 | ILA772.92 Million | ILA80.98 Million | 0.105x | +1.18% |
| 2016-12-31 | ILA723.85 Million | ILA74.95 Million | 0.104x | +27.79% |
| 2015-12-31 | ILA671.29 Million | ILA54.40 Million | 0.081x | +215.32% |
| 2014-12-31 | ILA648.79 Million | ILA16.67 Million | 0.026x | -81.90% |
| 2013-12-31 | ILA482.92 Million | ILA68.55 Million | 0.142x | -8.98% |
| 2012-12-31 | ILA468.50 Million | ILA73.07 Million | 0.156x | +121.14% |
| 2011-12-31 | ILA366.29 Million | ILA25.83 Million | 0.071x | -55.81% |
| 2010-12-31 | ILA334.38 Million | ILA53.37 Million | 0.160x | -15.28% |
| 2009-12-31 | ILA295.31 Million | ILA55.64 Million | 0.188x | +10.29% |
| 2008-12-31 | ILA277.37 Million | ILA47.38 Million | 0.171x | +20.94% |
| 2007-12-31 | ILA306.30 Million | ILA43.27 Million | 0.141x | +46.11% |
| 2006-12-31 | ILA268.43 Million | ILA25.95 Million | 0.097x | +318.51% |
| 2005-12-31 | ILA272.13 Million | ILA6.29 Million | 0.023x | -63.24% |
| 2004-12-31 | ILA283.36 Million | ILA17.81 Million | 0.063x | +24.84% |
| 2003-12-31 | ILA244.25 Million | ILA12.29 Million | 0.050x | +128.41% |
| 2002-12-31 | ILA225.48 Million | ILA4.97 Million | 0.022x | +399.76% |
| 2001-12-31 | ILA266.69 Million | ILA1.18 Million | 0.004x | -69.38% |
| 2000-12-31 | ILA392.54 Million | ILA5.65 Million | 0.014x | -67.31% |
| 1999-12-31 | ILA304.56 Million | ILA13.41 Million | 0.044x | -69.97% |
| 1998-12-31 | ILA236.60 Million | ILA34.70 Million | 0.147x | -- |