Formula Systems 1985 Ltd ADR (FORTY) — Financial Flexibility Index

Latest as of March 2023: 0.01x

Formula Systems 1985 Ltd ADR (FORTY) has a Financial Flexibility Index of 0.01x as of March 2023. Free cash flow of $14.95 Million (operating CF $14.95 Million minus capex $0.00) represents 0% of total liabilities ($1.58 Billion). Also explore net asset momentum of Formula Systems 1985 Ltd ADR to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.01x
Free Cash Flow / Total Liabilities

Free Cash Flow

$14.95 Million
Operating CF − Capex

Total Liabilities

$1.58 Billion
USD

Capital Expenditures

$0.00
USD

Formula Systems 1985 Ltd ADR Financial Flexibility Index (1998–2024)

Historical Financial Flexibility Index trend for Formula Systems 1985 Ltd ADR across 27 annual periods. Check how strategically is Formula Systems 1985 Ltd ADR's equity deployed to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Formula Systems 1985 Ltd ADR (1998–2024)

Year-by-year free cash flow to debt coverage for Formula Systems 1985 Ltd ADR. For the full company profile including market capitalisation, see Formula Systems 1985 Ltd ADR stock valuation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 0.22x $353.41 Million $324.45 Million $1.63 Billion ▲ +0.0%
2023 0.22x $326.97 Million $294.97 Million $1.50 Billion ▲ +26.3%
2022 0.17x $278.45 Million $239.14 Million $1.62 Billion ▲ +12.7%
2021 0.15x $239.54 Million $208.48 Million $1.57 Billion ▼ -31.7%
2020 0.22x $315.75 Million $286.94 Million $1.41 Billion ▲ +14.5%
2019 0.20x $232.67 Million $196.08 Million $1.19 Billion ▲ +62.5%
2018 0.12x $103.23 Million $82.59 Million $859.33 Million ▼ -5.2%
2017 0.13x $99.89 Million $80.98 Million $788.10 Million ▼ -14.6%
2016 0.15x $94.25 Million $74.95 Million $634.82 Million ▲ +26.4%
2015 0.12x $64.21 Million $54.40 Million $546.74 Million ▲ +156.3%
2014 0.05x $21.41 Million $16.67 Million $467.32 Million ▼ -78.8%
2013 0.22x $85.32 Million $68.55 Million $395.64 Million ▲ +2.9%
2012 0.21x $86.50 Million $73.07 Million $412.54 Million ▲ +44.0%
2011 0.15x $44.48 Million $25.83 Million $305.54 Million ▼ -28.3%
2010 0.20x $58.72 Million $53.37 Million $289.38 Million ▼ -5.7%
2009 0.22x $58.35 Million $55.64 Million $271.12 Million ▲ +33.6%
2008 0.16x $51.44 Million $47.38 Million $319.25 Million ▼ -12.1%
2007 0.18x $56.13 Million $43.27 Million $306.32 Million ▲ +16.8%
2006 0.16x $51.30 Million $25.95 Million $327.07 Million ▲ +86.9%
2005 0.08x $30.04 Million $6.29 Million $357.96 Million ▲ +27.6%
2004 0.07x $23.52 Million $17.81 Million $357.66 Million ▲ +9.0%
2003 0.06x $17.18 Million $12.29 Million $284.66 Million ▲ +75.7%
2002 0.03x $8.35 Million $4.97 Million $243.12 Million ▼ -49.4%
2001 0.07x $12.41 Million $1.18 Million $182.72 Million ▼ -49.6%
2000 0.13x $21.66 Million $5.65 Million $160.75 Million ▼ -22.1%
1999 0.17x $25.64 Million $13.41 Million $148.33 Million ▼ -59.5%
1998 0.43x $46.80 Million $34.70 Million $109.60 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities