Formula (FORTY) — Cash Flow-to-Debt Ratio
Formula (FORTY) has a Cash Flow-to-Debt Ratio of 0.01x as of December 2022, meaning its operating cash flow of ILA14.95 Million could theoretically repay 0% of its total liabilities (ILA1.62 Billion) in one year. See cash generation quality of Formula to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Formula Cash Flow-to-Debt Ratio (1998–2024)
Historical debt coverage capacity for Formula across 27 annual periods. Also explore Formula (FORTY) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Formula (1998–2024)
Year-by-year debt coverage analysis for Formula. For market capitalisation and broader financial context, see FORTY company net worth.
| Year | CF-to-Debt Ratio | Operating CF (ILA) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.20x | ILA324.45 Million | ILA1.63 Billion | ▲ +1.8% |
| 2023 | 0.20x | ILA294.97 Million | ILA1.50 Billion | ▲ +32.6% |
| 2022 | 0.15x | ILA239.14 Million | ILA1.62 Billion | ▲ +11.2% |
| 2021 | 0.13x | ILA208.48 Million | ILA1.57 Billion | ▼ -34.5% |
| 2020 | 0.20x | ILA286.94 Million | ILA1.41 Billion | ▲ +23.5% |
| 2019 | 0.16x | ILA196.08 Million | ILA1.19 Billion | ▲ +71.1% |
| 2018 | 0.10x | ILA82.59 Million | ILA859.33 Million | ▼ -6.5% |
| 2017 | 0.10x | ILA80.98 Million | ILA788.10 Million | ▼ -13.0% |
| 2016 | 0.12x | ILA74.95 Million | ILA634.82 Million | ▲ +18.7% |
| 2015 | 0.10x | ILA54.40 Million | ILA546.74 Million | ▲ +178.9% |
| 2014 | 0.04x | ILA16.67 Million | ILA467.32 Million | ▼ -79.4% |
| 2013 | 0.17x | ILA68.55 Million | ILA395.64 Million | ▼ -2.2% |
| 2012 | 0.18x | ILA73.07 Million | ILA412.54 Million | ▲ +109.5% |
| 2011 | 0.08x | ILA25.83 Million | ILA305.54 Million | ▼ -54.2% |
| 2010 | 0.18x | ILA53.37 Million | ILA289.38 Million | ▼ -10.1% |
| 2009 | 0.21x | ILA55.64 Million | ILA271.12 Million | ▲ +38.3% |
| 2008 | 0.15x | ILA47.38 Million | ILA319.25 Million | ▲ +5.1% |
| 2007 | 0.14x | ILA43.27 Million | ILA306.32 Million | ▲ +78.0% |
| 2006 | 0.08x | ILA25.95 Million | ILA327.07 Million | ▲ +351.8% |
| 2005 | 0.02x | ILA6.29 Million | ILA357.96 Million | ▼ -64.7% |
| 2004 | 0.05x | ILA17.81 Million | ILA357.66 Million | ▲ +15.3% |
| 2003 | 0.04x | ILA12.29 Million | ILA284.66 Million | ▲ +111.3% |
| 2002 | 0.02x | ILA4.97 Million | ILA243.12 Million | ▲ +217.6% |
| 2001 | 0.01x | ILA1.18 Million | ILA182.72 Million | ▼ -81.7% |
| 2000 | 0.04x | ILA5.65 Million | ILA160.75 Million | ▼ -61.1% |
| 1999 | 0.09x | ILA13.41 Million | ILA148.33 Million | ▼ -71.4% |
| 1998 | 0.32x | ILA34.70 Million | ILA109.60 Million | — |