Formula Systems (1985) Ltd (FSY) — Tangible Net Worth Ratio
Formula Systems (1985) Ltd (FSY) has a Tangible Net Worth Ratio of 100.0% as of December 2025. This metric is calculated by deducting intangible assets (€0.00) from net assets (€1.80 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore FSY shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Formula Systems (1985) Ltd Tangible Net Worth Ratio (2016–2025)
This chart shows how Formula Systems (1985) Ltd's Tangible Net Worth Ratio has changed across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting net assets of €1.80 Billion with intangible assets of €0.00 EUR. For live market cap and overall valuation, see how much is Formula Systems (1985) Ltd worth.
Annual Tangible Net Worth Ratio for Formula Systems (1985) Ltd (2016–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Formula Systems (1985) Ltd from 2016 to 2025, covering 10 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore Formula Systems (1985) Ltd (FSY) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | €1.80 Billion | €0.00 | €3.60 Billion | ▲ +15.6 pp |
| 2024 | 84.4% | €1.39 Billion | €217.08 Million | €3.01 Billion | ▲ +0.2 pp |
| 2023 | 84.2% | €1.31 Billion | €206.93 Million | €2.81 Billion | ▲ +3.1 pp |
| 2022 | 81.1% | €1.18 Billion | €222.73 Million | €2.79 Billion | ▲ +1.6 pp |
| 2021 | 79.5% | €1.18 Billion | €241.94 Million | €2.75 Billion | ▼ -0.4 pp |
| 2020 | 79.9% | €1.11 Billion | €222.26 Million | €2.52 Billion | ▼ -1.6 pp |
| 2019 | 81.6% | €896.33 Million | €165.28 Million | €2.09 Billion | ▲ +0.2 pp |
| 2018 | 81.4% | €805.40 Million | €150.05 Million | €1.66 Billion | ▲ +2.6 pp |
| 2017 | 78.8% | €772.92 Million | €163.98 Million | €1.56 Billion | ▼ -3.3 pp |
| 2016 | 82.1% | €723.84 Million | €129.82 Million | €1.36 Billion | — |