Formula (FORTY) — Financial Flexibility Index
Formula (FORTY) has a Financial Flexibility Index of 0.01x as of December 2022. Free cash flow of ILA14.95 Million (operating CF ILA14.95 Million minus capex ILA0.00) represents 0% of total liabilities (ILA1.62 Billion). Also explore net asset momentum of Formula to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Formula Financial Flexibility Index (1998–2024)
Historical Financial Flexibility Index trend for Formula across 27 annual periods. Check how strategically is Formula's equity deployed to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Formula (1998–2024)
Year-by-year free cash flow to debt coverage for Formula. For the full company profile including market capitalisation, see Formula stock valuation.
| Year | Flexibility Index | Free Cash Flow (ILA) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.22x | ILA353.41 Million | ILA324.45 Million | ILA1.63 Billion | ▲ +0.0% |
| 2023 | 0.22x | ILA326.97 Million | ILA294.97 Million | ILA1.50 Billion | ▲ +26.3% |
| 2022 | 0.17x | ILA278.45 Million | ILA239.14 Million | ILA1.62 Billion | ▲ +12.7% |
| 2021 | 0.15x | ILA239.54 Million | ILA208.48 Million | ILA1.57 Billion | ▼ -31.7% |
| 2020 | 0.22x | ILA315.75 Million | ILA286.94 Million | ILA1.41 Billion | ▲ +14.5% |
| 2019 | 0.20x | ILA232.67 Million | ILA196.08 Million | ILA1.19 Billion | ▲ +62.5% |
| 2018 | 0.12x | ILA103.23 Million | ILA82.59 Million | ILA859.33 Million | ▼ -5.2% |
| 2017 | 0.13x | ILA99.89 Million | ILA80.98 Million | ILA788.10 Million | ▼ -14.6% |
| 2016 | 0.15x | ILA94.25 Million | ILA74.95 Million | ILA634.82 Million | ▲ +26.4% |
| 2015 | 0.12x | ILA64.21 Million | ILA54.40 Million | ILA546.74 Million | ▲ +156.3% |
| 2014 | 0.05x | ILA21.41 Million | ILA16.67 Million | ILA467.32 Million | ▼ -78.8% |
| 2013 | 0.22x | ILA85.32 Million | ILA68.55 Million | ILA395.64 Million | ▲ +2.9% |
| 2012 | 0.21x | ILA86.50 Million | ILA73.07 Million | ILA412.54 Million | ▲ +44.0% |
| 2011 | 0.15x | ILA44.48 Million | ILA25.83 Million | ILA305.54 Million | ▼ -28.3% |
| 2010 | 0.20x | ILA58.72 Million | ILA53.37 Million | ILA289.38 Million | ▼ -5.7% |
| 2009 | 0.22x | ILA58.35 Million | ILA55.64 Million | ILA271.12 Million | ▲ +33.6% |
| 2008 | 0.16x | ILA51.44 Million | ILA47.38 Million | ILA319.25 Million | ▼ -12.1% |
| 2007 | 0.18x | ILA56.13 Million | ILA43.27 Million | ILA306.32 Million | ▲ +16.8% |
| 2006 | 0.16x | ILA51.30 Million | ILA25.95 Million | ILA327.07 Million | ▲ +86.9% |
| 2005 | 0.08x | ILA30.04 Million | ILA6.29 Million | ILA357.96 Million | ▲ +27.6% |
| 2004 | 0.07x | ILA23.52 Million | ILA17.81 Million | ILA357.66 Million | ▲ +9.0% |
| 2003 | 0.06x | ILA17.18 Million | ILA12.29 Million | ILA284.66 Million | ▲ +75.7% |
| 2002 | 0.03x | ILA8.35 Million | ILA4.97 Million | ILA243.12 Million | ▼ -49.4% |
| 2001 | 0.07x | ILA12.41 Million | ILA1.18 Million | ILA182.72 Million | ▼ -49.6% |
| 2000 | 0.13x | ILA21.66 Million | ILA5.65 Million | ILA160.75 Million | ▼ -22.1% |
| 1999 | 0.17x | ILA25.64 Million | ILA13.41 Million | ILA148.33 Million | ▼ -59.5% |
| 1998 | 0.43x | ILA46.80 Million | ILA34.70 Million | ILA109.60 Million | — |