Formula (FORTY) — Cash Flow-to-Debt Ratio
Latest as of December 2025:
0.23x
Formula (FORTY) has a Cash Flow-to-Debt Ratio of 0.23x as of December 2025, meaning its operating cash flow of ILA420.06 Million could theoretically repay 0% of its total liabilities (ILA1.81 Billion) in one year. Explore Formula long-term investment allocation to see how much of total assets are deployed in long-term investments.
CF-to-Debt Ratio
0.23x
Operating CF / Total Liabilities
Operating Cash Flow
ILA420.06 Million
ILA
Total Liabilities
ILA1.81 Billion
ILA
Data as of
Dec 2025
Most recent filing
Formula Cash Flow-to-Debt Ratio (1998–2025)
Historical debt coverage capacity for Formula across 28 annual periods. Also explore total assets of Formula for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for Formula (1998–2025)
Year-by-year debt coverage analysis for Formula. For market capitalisation and broader financial context, see market value of Formula.
| Year | CF-to-Debt Ratio | Operating CF (ILA) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.23x | ILA420.06 Million | ILA1.81 Billion | ▲ +16.5% |
| 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 | — |
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.