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 FORTY long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
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 Formula Systems 1985 Ltd ADR tangible equity quality to evaluate the tangible quality of the company's equity base.
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 Formula Systems 1985 Ltd ADR stock valuation.
| 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 | — |