Formula Systems (1985) Ltd (FSY) — Cash Flow Quality Index

Latest as of December 2024: 4.07x

Formula Systems (1985) Ltd (FSY) has a Cash Flow Quality Index of 4.07x as of December 2024. Operating cash flow of €324.45 Million exceeds net income of €79.67 Million, indicating high earnings quality where cash backs reported profits. Explore cash flow to debt ratio of Formula Systems (1985) Ltd to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

4.07x
Operating CF / Net Income

Operating Cash Flow

€324.45 Million
EUR

Net Income

€79.67 Million
EUR

Data as of

Dec 2024
Most recent filing

Formula Systems (1985) Ltd Cash Flow Quality Index (2016–2024)

Historical Cash Flow Quality Index for Formula Systems (1985) Ltd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see FSY cash generation efficiency.

Annual Cash Flow Quality Index for Formula Systems (1985) Ltd (2016–2024)

Year-by-year earnings quality comparison for Formula Systems (1985) Ltd.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2024 4.07x €324.45 Million €79.67 Million ▼ -11.6%
2023 4.61x €294.97 Million €64.01 Million ▲ +56.8%
2022 2.94x €239.14 Million €81.39 Million ▼ -23.1%
2021 3.82x €208.48 Million €54.59 Million ▼ -37.7%
2020 6.13x €286.94 Million €46.78 Million ▲ +21.4%
2019 5.05x €196.08 Million €38.82 Million ▲ +97.9%
2018 2.55x €82.59 Million €32.37 Million ▼ -67.4%
2017 7.83x €81.09 Million €10.35 Million ▲ +134.6%
2016 3.34x €74.95 Million €22.45 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.