Formula Systems 1985 Ltd ADR (FORTY) — Financial Flexibility Index
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). Check strategic asset allocation of Formula Systems 1985 Ltd ADR to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
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. See how liquid is Formula Systems 1985 Ltd ADR's working capital to evaluate short-term liquidity relative to the company's equity base.
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 FORTY market cap.
| 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 | — |