Formula Systems 1985 Ltd ADR (FORTY) - Total Assets
Based on the latest financial reports, Formula Systems 1985 Ltd ADR (FORTY) holds total assets worth $3.33 Billion USD 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 ADR - Total Assets Trend (1998–2024)
This chart illustrates how Formula Systems 1985 Ltd ADR's total assets have evolved over time, based on quarterly financial data. Also see Formula Systems 1985 Ltd ADR stock valuation for the company's overall valuation and market capitalisation.
Formula Systems 1985 Ltd ADR - Asset Composition Analysis
Current Asset Composition (December 2024)
Formula Systems 1985 Ltd ADR's total assets of $3.33 Billion consist of 49.3% current assets and 50.7% non-current assets. Review FORTY liabilities breakdown to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.8% |
| Accounts Receivable | $838.23 Million | 27.8% |
| 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 (1998–2024)
This chart illustrates how Formula Systems 1985 Ltd ADR'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. See Formula Systems 1985 Ltd ADR stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Formula Systems 1985 Ltd ADR's current assets represent 49.3% of total assets in 2024, a decrease from 74.0% in 1998.
- Cash Position: Cash and equivalents constituted 16.8% of total assets in 2024, down from 33.7% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 39.0% of total assets, an increase from 10.0% in 1998.
- Asset Diversification: The largest asset category is goodwill at 32.3% of total assets.
Formula Systems 1985 Ltd ADR Competitors by Total Assets
Key competitors of Formula Systems 1985 Ltd ADR based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
HCL Technologies Limited
NSE:HCLTECH
|
India | Rs1.12 Trillion |
|
Fidelity National Information Services Inc
NYSE:FIS
|
USA | $33.04 Billion |
|
Wavestone S.A.
PA:WAVE
|
France | €934.48 Million |
|
Asiainfo Security Technologies Corp. A
SHG:688225
|
China | CN¥11.18 Billion |
|
DATAGROUP SE
F:D6H
|
Germany | €537.33 Million |
|
Zhongtong Guomai Communication
SHG:603559
|
China | CN¥1.31 Billion |
|
ArcSoft Corp Ltd
SHG:688088
|
China | CN¥3.03 Billion |
|
Econocom Group SA/NV
BR:ECONB
|
Belgium | €2.38 Billion |
Formula Systems 1985 Ltd ADR - 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 | $381.09 Million |
Formula Systems 1985 Ltd ADR - Advanced Valuation Insights
This section examines the relationship between Formula Systems 1985 Ltd ADR'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 | 3.35 |
| Latest Market Cap to Assets Ratio | 0.69 |
| Asset Growth Rate (YoY) | 7.2% |
| Total Assets | $3.01 Billion |
| Market Capitalization | $2.08 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Formula Systems 1985 Ltd ADR's assets below their book value (0.69x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Formula Systems 1985 Ltd ADR'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 ADR (1998–2024)
The table below shows the annual total assets of Formula Systems 1985 Ltd ADR from 1998 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $3.01 Billion | +7.18% |
| 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 | +20.67% |
| 2019-12-31 | $2.09 Billion | +25.47% |
| 2018-12-31 | $1.66 Billion | +6.63% |
| 2017-12-31 | $1.56 Billion | +14.89% |
| 2016-12-31 | $1.36 Billion | +11.55% |
| 2015-12-31 | $1.22 Billion | +9.13% |
| 2014-12-31 | $1.12 Billion | +27.04% |
| 2013-12-31 | $878.56 Million | -0.28% |
| 2012-12-31 | $881.04 Million | +31.14% |
| 2011-12-31 | $671.83 Million | +7.71% |
| 2010-12-31 | $623.77 Million | +10.12% |
| 2009-12-31 | $566.44 Million | -5.06% |
| 2008-12-31 | $596.62 Million | -2.61% |
| 2007-12-31 | $612.62 Million | +2.87% |
| 2006-12-31 | $595.50 Million | -5.49% |
| 2005-12-31 | $630.09 Million | -1.71% |
| 2004-12-31 | $641.02 Million | +21.20% |
| 2003-12-31 | $528.91 Million | +12.87% |
| 2002-12-31 | $468.60 Million | +4.27% |
| 2001-12-31 | $449.41 Million | -18.78% |
| 2000-12-31 | $553.29 Million | +22.17% |
| 1999-12-31 | $452.89 Million | +30.82% |
| 1998-12-31 | $346.20 Million | -- |
About Formula Systems 1985 Ltd ADR
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