Formula (FORTY) - Total Assets

Latest as of March 2026: ILA3.64 Billion ILA ≈ $9.75 Million USD

Based on the latest financial reports, Formula (FORTY) holds total assets worth ILA3.64 Billion ILA (≈ $9.75 Million USD) as of March 2026. 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. Check cash flow reinvestment rate of Formula to assess the company's total reinvestment commitment from operating cash flow.

Formula - Total Assets Trend (1998–2025)

This chart illustrates how Formula's total assets have evolved over time, based on quarterly financial data. Explore FORTY strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.

Formula - Asset Composition Analysis

Current Asset Composition (December 2025)

Formula's total assets of ILA3.64 Billion consist of 60.5% current assets and 39.6% non-current assets.

Asset Category	Amount (ILA)	% of Total Assets
Cash & Equivalents	ILA0.00	35.7%
Accounts Receivable	ILA774.63 Million	21.6%
Inventory	ILA30.26 Million	0.8%
Property, Plant & Equipment	ILA0.00	0.0%
Intangible Assets	ILA147.65 Million	4.1%
Goodwill	ILA646.38 Million	18.0%

Asset Composition Trend (1998–2025)

This chart illustrates how Formula'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. For live market cap, price, and company overview, see Formula stock valuation.

Show as percentage

Key Asset Composition Facts

Current vs. Non-Current Assets: Formula's current assets represent 60.5% of total assets in 2025, a decrease from 74.0% in 1998.
Cash Position: Cash and equivalents constituted 35.7% of total assets in 2025, up from 33.7% in 1998.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 22.0% of total assets, an increase from 10.0% in 1998.
Asset Diversification: The largest asset category is accounts receivable at 21.6% of total assets.

Formula Competitors by Total Assets

Key competitors of Formula based on total assets are shown below.

Company	Country	Total Assets
WISE PLC SPONS.ADR/1 F:6WS0	Germany	€19.25 Billion
Hand Enterprise Solutions Co SHE:300170	China	CN¥6.48 Billion
Shenzhen Das Intellitech Co Ltd SHE:002421	China	CN¥7.32 Billion
Shantou Dongfeng Printing Co Ltd SHG:601515	China	CN¥6.11 Billion
init innovation in traffic systems SE F:IXX	Germany	€311.37 Million
Bouvet OL:BOUV	Norway	Nkr1.73 Billion
Beijing Infosec Technologies Co. Ltd. A SHG:688201	China	CN¥1.50 Billion
Nnit AS CO:NNIT	Denmark	Dkr1.52 Billion

Formula - 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	1.67	1.26	1.42
Quick Ratio	1.64	1.23	1.39
Cash Ratio	0.00	0.00	0.00
Working Capital	ILA870.13 Million	ILA302.50 Million	ILA335.59 Million

Formula - Advanced Valuation Insights

This section examines the relationship between Formula'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	1.37
Latest Market Cap to Assets Ratio	0.39
Asset Growth Rate (YoY)	18.9%
Total Assets	ILA3.58 Billion
Market Capitalization	$1.39 Billion USD

Valuation Analysis

Below Book Valuation: The market values Formula's assets below their book value (0.39x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Formula's assets grew by 18.9% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Formula (1998–2025)

The table below shows the annual total assets of Formula from 1998 to 2025.

Year	Total Assets	Change
2025-12-31	ILA3.58 Billion ≈ $9.61 Million	+18.85%
2024-12-31	ILA3.01 Billion ≈ $8.08 Million	+7.19%
2023-12-31	ILA2.81 Billion ≈ $7.54 Million	+0.64%
2022-12-31	ILA2.79 Billion ≈ $7.49 Million	+1.71%
2021-12-31	ILA2.75 Billion ≈ $7.37 Million	+9.03%
2020-12-31	ILA2.52 Billion ≈ $6.76 Million	+20.67%
2019-12-31	ILA2.09 Billion ≈ $5.60 Million	+25.47%
2018-12-31	ILA1.66 Billion ≈ $4.46 Million	+6.63%
2017-12-31	ILA1.56 Billion ≈ $4.19 Million	+14.89%
2016-12-31	ILA1.36 Billion ≈ $3.64 Million	+11.55%
2015-12-31	ILA1.22 Billion ≈ $3.27 Million	+9.13%
2014-12-31	ILA1.12 Billion ≈ $2.99 Million	+27.04%
2013-12-31	ILA878.56 Million ≈ $2.36 Million	-0.28%
2012-12-31	ILA881.04 Million ≈ $2.36 Million	+31.14%
2011-12-31	ILA671.83 Million ≈ $1.80 Million	+7.71%
2010-12-31	ILA623.77 Million ≈ $1.67 Million	+10.12%
2009-12-31	ILA566.44 Million ≈ $1.52 Million	-5.06%
2008-12-31	ILA596.62 Million ≈ $1.60 Million	-2.61%
2007-12-31	ILA612.62 Million ≈ $1.64 Million	+2.87%
2006-12-31	ILA595.50 Million ≈ $1.60 Million	-5.49%
2005-12-31	ILA630.09 Million ≈ $1.69 Million	-1.71%
2004-12-31	ILA641.02 Million ≈ $1.72 Million	+21.20%
2003-12-31	ILA528.91 Million ≈ $1.42 Million	+12.87%
2002-12-31	ILA468.60 Million ≈ $1.26 Million	+4.27%
2001-12-31	ILA449.41 Million ≈ $1.20 Million	-18.78%
2000-12-31	ILA553.29 Million ≈ $1.48 Million	+22.17%
1999-12-31	ILA452.89 Million ≈ $1.21 Million	+30.82%
1998-12-31	ILA346.20 Million ≈ $928.15K	--

About Formula

TA:FORTY Israel Information Technology Services

Market Cap

$1.39 Billion

ILA517.39 Billion ILA

Market Cap Rank

#7720 Global

#63 in Israel

Share Price

ILA33740.00

Change (1 day)

-1.37%

52-Week Range

ILA33740.00 - ILA57400.00

All Time High

ILA57400.00