Formula Systems 1985 Ltd ADR (FORTY) — Cash Flow-to-Debt Ratio
Formula Systems 1985 Ltd ADR (FORTY) has a Cash Flow-to-Debt Ratio of 0.01x as of March 2023, meaning its operating cash flow of $14.95 Million could theoretically repay 0% of its total liabilities ($1.58 Billion) in one year. See Formula Systems 1985 Ltd ADR free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Formula Systems 1985 Ltd ADR Cash Flow-to-Debt Ratio (1998–2024)
Historical debt coverage capacity for Formula Systems 1985 Ltd ADR across 27 annual periods. For the full cash flow conversion analysis, see Formula Systems 1985 Ltd ADR operating cash flow efficiency.
Annual Cash Flow-to-Debt Ratio for Formula Systems 1985 Ltd ADR (1998–2024)
Year-by-year debt coverage analysis for Formula Systems 1985 Ltd ADR. Check FORTY cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.20x | $324.45 Million | $1.63 Billion | ▲ +1.8% |
| 2023 | 0.20x | $294.97 Million | $1.50 Billion | ▲ +32.6% |
| 2022 | 0.15x | $239.14 Million | $1.62 Billion | ▲ +11.2% |
| 2021 | 0.13x | $208.48 Million | $1.57 Billion | ▼ -34.5% |
| 2020 | 0.20x | $286.94 Million | $1.41 Billion | ▲ +23.5% |
| 2019 | 0.16x | $196.08 Million | $1.19 Billion | ▲ +71.1% |
| 2018 | 0.10x | $82.59 Million | $859.33 Million | ▼ -6.5% |
| 2017 | 0.10x | $80.98 Million | $788.10 Million | ▼ -13.0% |
| 2016 | 0.12x | $74.95 Million | $634.82 Million | ▲ +18.7% |
| 2015 | 0.10x | $54.40 Million | $546.74 Million | ▲ +178.9% |
| 2014 | 0.04x | $16.67 Million | $467.32 Million | ▼ -79.4% |
| 2013 | 0.17x | $68.55 Million | $395.64 Million | ▼ -2.2% |
| 2012 | 0.18x | $73.07 Million | $412.54 Million | ▲ +109.5% |
| 2011 | 0.08x | $25.83 Million | $305.54 Million | ▼ -54.2% |
| 2010 | 0.18x | $53.37 Million | $289.38 Million | ▼ -10.1% |
| 2009 | 0.21x | $55.64 Million | $271.12 Million | ▲ +38.3% |
| 2008 | 0.15x | $47.38 Million | $319.25 Million | ▲ +5.1% |
| 2007 | 0.14x | $43.27 Million | $306.32 Million | ▲ +78.0% |
| 2006 | 0.08x | $25.95 Million | $327.07 Million | ▲ +351.8% |
| 2005 | 0.02x | $6.29 Million | $357.96 Million | ▼ -64.7% |
| 2004 | 0.05x | $17.81 Million | $357.66 Million | ▲ +15.3% |
| 2003 | 0.04x | $12.29 Million | $284.66 Million | ▲ +111.3% |
| 2002 | 0.02x | $4.97 Million | $243.12 Million | ▲ +217.6% |
| 2001 | 0.01x | $1.18 Million | $182.72 Million | ▼ -81.7% |
| 2000 | 0.04x | $5.65 Million | $160.75 Million | ▼ -61.1% |
| 1999 | 0.09x | $13.41 Million | $148.33 Million | ▼ -71.4% |
| 1998 | 0.32x | $34.70 Million | $109.60 Million | — |