Formula Systems 1985 Ltd ADR (FORTY) — Net Asset Quality Index
Formula Systems 1985 Ltd ADR (FORTY) has a Net Asset Quality Index of 47.4% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $3.33 Billion minus total liabilities of $1.75 Billion yields net assets of $1.58 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read Formula Systems 1985 Ltd ADR total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Formula Systems 1985 Ltd ADR Net Asset Quality Index Over Time (1998–2024)
This chart shows how Formula Systems 1985 Ltd ADR's Net Asset Quality Index has evolved across 27 annual periods from 1998 to 2024. As of September 2025, the index stands at 47.4%, representing net assets of $1.58 Billion against total assets of $3.33 Billion USD. For live market cap and overall valuation, see Formula Systems 1985 Ltd ADR (FORTY) market capitalisation.
Annual Net Asset Quality Index for Formula Systems 1985 Ltd ADR (1998–2024)
The table below presents the year-by-year Net Asset Quality Index for Formula Systems 1985 Ltd ADR from 1998 to 2024, covering 27 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check Formula Systems 1985 Ltd ADR strategic capital allocation to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 46.1% | $1.39 Billion | $3.01 Billion | $1.63 Billion | ▼ -0.4 pp |
| 2023 | 46.5% | $1.31 Billion | $2.81 Billion | $1.50 Billion | ▲ +4.4 pp |
| 2022 | 42.1% | $1.18 Billion | $2.79 Billion | $1.62 Billion | ▼ -0.8 pp |
| 2021 | 42.9% | $1.18 Billion | $2.75 Billion | $1.57 Billion | ▼ -1.0 pp |
| 2020 | 43.9% | $1.11 Billion | $2.52 Billion | $1.41 Billion | ▲ +1.0 pp |
| 2019 | 42.9% | $896.33 Million | $2.09 Billion | $1.19 Billion | ▼ -5.5 pp |
| 2018 | 48.4% | $805.14 Million | $1.66 Billion | $859.33 Million | ▼ -1.1 pp |
| 2017 | 49.5% | $772.92 Million | $1.56 Billion | $788.10 Million | ▼ -3.8 pp |
| 2016 | 53.3% | $723.85 Million | $1.36 Billion | $634.82 Million | ▼ -1.8 pp |
| 2015 | 55.1% | $671.29 Million | $1.22 Billion | $546.74 Million | ▼ -3.0 pp |
| 2014 | 58.1% | $648.79 Million | $1.12 Billion | $467.32 Million | ▲ +3.2 pp |
| 2013 | 55.0% | $482.92 Million | $878.56 Million | $395.64 Million | ▲ +1.8 pp |
| 2012 | 53.2% | $468.50 Million | $881.04 Million | $412.54 Million | ▼ -1.3 pp |
| 2011 | 54.5% | $366.29 Million | $671.83 Million | $305.54 Million | ▲ +0.9 pp |
| 2010 | 53.6% | $334.38 Million | $623.77 Million | $289.38 Million | ▲ +1.5 pp |
| 2009 | 52.1% | $295.31 Million | $566.44 Million | $271.12 Million | ▲ +5.6 pp |
| 2008 | 46.5% | $277.37 Million | $596.62 Million | $319.25 Million | ▼ -3.5 pp |
| 2007 | 50.0% | $306.30 Million | $612.62 Million | $306.32 Million | ▲ +4.9 pp |
| 2006 | 45.1% | $268.43 Million | $595.50 Million | $327.07 Million | ▲ +1.9 pp |
| 2005 | 43.2% | $272.13 Million | $630.09 Million | $357.96 Million | ▼ -1.0 pp |
| 2004 | 44.2% | $283.36 Million | $641.02 Million | $357.66 Million | ▼ -2.0 pp |
| 2003 | 46.2% | $244.25 Million | $528.91 Million | $284.66 Million | ▼ -1.9 pp |
| 2002 | 48.1% | $225.48 Million | $468.60 Million | $243.12 Million | ▼ -11.2 pp |
| 2001 | 59.3% | $266.69 Million | $449.41 Million | $182.72 Million | ▼ -11.6 pp |
| 2000 | 70.9% | $392.54 Million | $553.29 Million | $160.75 Million | ▲ +3.7 pp |
| 1999 | 67.2% | $304.56 Million | $452.89 Million | $148.33 Million | ▼ -1.1 pp |
| 1998 | 68.3% | $236.60 Million | $346.20 Million | $109.60 Million | — |