Formula Systems 1985 Ltd ADR Cash Flow Quality Index
Formula Systems 1985 Ltd ADR cash flow quality index. Formula Systems 1985 Ltd ADR (FORTY) has a Cash Flow Quality Index of 0.91x as of March 2023. Operating cash flow of $14.95 Million is below net income of $16.35 Million, suggesting accrual-heavy earnings not yet converted to cash. See FORTY FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Formula Systems 1985 Ltd ADR (1998–2024)
Cash flow quality index of Formula Systems 1985 Ltd ADR from 1998 to 2024. Historical Cash Flow Quality Index for Formula Systems 1985 Ltd ADR across 25 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore cash flow to debt ratio of Formula Systems 1985 Ltd ADR to assess how comfortably operating cash covers total debt obligations.
Formula Systems 1985 Ltd ADR Cash Flow Quality Index by Year (1998–2024)
Formula Systems 1985 Ltd ADR cash flow quality index by year from 1998 to 2024. Year-by-year earnings quality comparison for Formula Systems 1985 Ltd ADR. For the full cash flow conversion analysis, see Formula Systems 1985 Ltd ADR cash flow conversion.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.67x | $324.45 Million | $193.79 Million | ▼ -5.9% |
| 2023 | 1.78x | $294.97 Million | $165.73 Million | ▲ +48.6% |
| 2022 | 1.20x | $239.14 Million | $199.67 Million | ▼ -18.5% |
| 2021 | 1.47x | $208.48 Million | $141.90 Million | ▼ -41.6% |
| 2020 | 2.52x | $286.94 Million | $114.02 Million | ▲ +21.2% |
| 2019 | 2.08x | $196.08 Million | $94.42 Million | ▲ +94.6% |
| 2018 | 1.07x | $82.59 Million | $77.39 Million | ▼ -48.0% |
| 2017 | 2.05x | $80.98 Million | $39.44 Million | ▲ +53.7% |
| 2016 | 1.34x | $74.95 Million | $56.10 Million | ▲ +127.1% |
| 2015 | 0.59x | $54.40 Million | $92.45 Million | ▲ +234.1% |
| 2014 | 0.18x | $16.67 Million | $94.69 Million | ▼ -72.5% |
| 2013 | 0.64x | $68.55 Million | $107.06 Million | ▼ -58.4% |
| 2012 | 1.54x | $73.07 Million | $47.48 Million | ▲ +276.1% |
| 2011 | 0.41x | $25.83 Million | $63.13 Million | ▼ -73.2% |
| 2010 | 1.52x | $53.37 Million | $35.00 Million | ▼ -9.5% |
| 2009 | 1.68x | $55.64 Million | $33.03 Million | ▼ -57.8% |
| 2008 | 3.99x | $47.38 Million | $11.87 Million | ▲ +243.8% |
| 2007 | 1.16x | $43.27 Million | $37.26 Million | ▼ -55.2% |
| 2006 | 2.59x | $25.95 Million | $10.02 Million | ▼ -92.5% |
| 2005 | 34.35x | $6.29 Million | $183.00K | ▲ +1462.4% |
| 2004 | 2.20x | $17.81 Million | $8.10 Million | ▼ -44.2% |
| 2003 | 3.94x | $12.29 Million | $3.12 Million | ▲ +2689.9% |
| 2000 | 0.14x | $5.65 Million | $40.02 Million | ▼ -51.4% |
| 1999 | 0.29x | $13.41 Million | $46.19 Million | ▼ -77.7% |
| 1998 | 1.30x | $34.70 Million | $26.60 Million | — |