Formula Systems 1985 Ltd ADR (FORTY) — 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. Explore Formula Systems 1985 Ltd ADR operating cash flow efficiency to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Formula Systems 1985 Ltd ADR Cash Flow Quality Index (1998–2024)
Historical Cash Flow Quality Index for Formula Systems 1985 Ltd ADR across 25 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check FORTY total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Formula Systems 1985 Ltd ADR (1998–2024)
Year-by-year earnings quality comparison for Formula Systems 1985 Ltd ADR. For live market cap and the full company financial profile, see market value of Formula Systems 1985 Ltd ADR.
| 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 | — |