Formula Systems (1985) Ltd
Formula Systems (1985) Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions and information technologies (IT) professional services in Israel, the United States, Europe, Africa, Japan, and internationally. The company also offers software product marketing and support, computer infrastructure and integration solutions, and learning and integration. In additi… Read more
Formula Systems (1985) Ltd (FSY) - Total Assets
Latest total assets as of September 2025: €3.33 Billion EUR
Based on the latest financial reports, Formula Systems (1985) Ltd (FSY) holds total assets worth €3.33 Billion EUR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Formula Systems (1985) Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Formula Systems (1985) Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Formula Systems (1985) Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Formula Systems (1985) Ltd's total assets of €3.33 Billion consist of 49.3% current assets and 50.7% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 16.8% |
| Accounts Receivable | €803.24 Million | 26.6% |
| Inventory | €30.73 Million | 1.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €217.08 Million | 7.2% |
| Goodwill | €975.08 Million | 32.3% |
Asset Composition Trend (2016–2024)
This chart illustrates how Formula Systems (1985) Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Formula Systems (1985) Ltd's current assets represent 49.3% of total assets in 2024, an increase from 46.7% in 2016.
- Cash Position: Cash and equivalents constituted 16.8% of total assets in 2024, down from 17.5% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 39.0% of total assets, a decrease from 45.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 32.3% of total assets.
Formula Systems (1985) Ltd Competitors by Total Assets
Key competitors of Formula Systems (1985) Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shijihengtong Technology Co. Ltd. A
SHE:301428
|
China | CN¥2.48 Billion |
|
ZJBC Information Technology Co Ltd
SHE:000889
|
China | CN¥889.19 Million |
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948
|
China | CN¥8.21 Billion |
|
NetX Holdings Bhd
KLSE:0020
|
Malaysia | RM111.41 Million |
|
Guomai Technologies Inc
SHE:002093
|
China | CN¥4.63 Billion |
|
Shanghai HiTech Control System
SHE:002184
|
China | CN¥3.19 Billion |
|
SZZT Electronics Co Ltd
SHE:002197
|
China | CN¥5.70 Billion |
|
Talkweb Information System Co Ltd
SHE:002261
|
China | CN¥4.24 Billion |
Formula Systems (1985) Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Formula Systems (1985) Ltd generates 0.91x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Formula Systems (1985) Ltd generates $ 2.64 in net profit.
Formula Systems (1985) Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.60 | 1.41 | 1.49 |
| Quick Ratio | 1.58 | 1.38 | 1.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €770.57 Million | € 400.06 Million | € 380.97 Million |
Formula Systems (1985) Ltd - Advanced Valuation Insights
This section examines the relationship between Formula Systems (1985) Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.05 |
| Latest Market Cap to Assets Ratio | 0.34 |
| Asset Growth Rate (YoY) | 7.2% |
| Total Assets | €3.01 Billion |
| Market Capitalization | $1.01 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Formula Systems (1985) Ltd's assets below their book value (0.34 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Formula Systems (1985) Ltd's assets grew by 7.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Formula Systems (1985) Ltd (2016–2024)
The table below shows the annual total assets of Formula Systems (1985) Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €3.01 Billion | +7.19% |
| 2023-12-31 | €2.81 Billion | +0.64% |
| 2022-12-31 | €2.79 Billion | +1.71% |
| 2021-12-31 | €2.75 Billion | +9.03% |
| 2020-12-31 | €2.52 Billion | +20.62% |
| 2019-12-31 | €2.09 Billion | +25.54% |
| 2018-12-31 | €1.66 Billion | +6.43% |
| 2017-12-31 | €1.56 Billion | +15.12% |
| 2016-12-31 | €1.36 Billion | -- |