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.

Formula - Total Assets Trend (1998–2025)

This chart illustrates how Formula's total assets have evolved over time, based on quarterly financial data. Also see Formula stock valuation for the company's overall valuation and market capitalisation.

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. Review FORTY liabilities breakdown to assess the company's total debt and financial obligations.

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. See Formula stock price for real-time trading data and today's change.

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
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 - 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	1.68	1.26	1.42
Quick Ratio	1.66	1.23	1.39
Cash Ratio	0.00	0.00	0.00
Working Capital	ILA882.59 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	1.19
Latest Market Cap to Assets Ratio	0.40
Asset Growth Rate (YoY)	18.9%
Total Assets	ILA3.58 Billion
Market Capitalization	$1.43 Billion USD

Valuation Analysis

Below Book Valuation: The market values Formula's assets below their book value (0.40x), 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

$1.43 Billion

ILA531.96 Billion ILA

Market Cap Rank

#7464 Global

#61 in Israel

Share Price

ILA34690.00

Change (1 day)

-4.44%

52-Week Range

ILA29620.00 - ILA57400.00

All Time High

ILA57400.00